Sumitomo Mitsui Trust Group Inc. Acquires 37,078 Shares of Visa Inc. $V

Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Visa Inc. (NYSE:V) by 0.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,493,341 shares of the credit-card processor’s stock after purchasing an additional 37,078 shares during the quarter. Visa accounts for 0.9% of Sumitomo Mitsui Trust Group Inc.’s portfolio, making the stock its 12th largest holding. Sumitomo Mitsui Trust Group Inc. owned approximately 0.25% of Visa worth $1,533,937,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of Visa by 50.1% during the 4th quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor’s stock worth $6,522,000 after purchasing an additional 6,883 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Visa by 68.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor’s stock worth $3,733,000 after buying an additional 4,817 shares during the last quarter. Nicholas Hoffman & Company LLC. increased its holdings in shares of Visa by 4.6% during the first quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor’s stock worth $3,834,000 after buying an additional 477 shares in the last quarter. Salem Investment Counselors Inc. raised its stake in shares of Visa by 0.8% in the second quarter. Salem Investment Counselors Inc. now owns 79,074 shares of the credit-card processor’s stock valued at $28,075,000 after acquiring an additional 640 shares during the last quarter. Finally, Chemistry Wealth Management LLC boosted its holdings in shares of Visa by 12.8% in the 2nd quarter. Chemistry Wealth Management LLC now owns 1,544 shares of the credit-card processor’s stock worth $548,000 after acquiring an additional 175 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Erste Group Bank downgraded Visa from a “buy” rating to a “hold” rating in a research report on Monday, September 22nd. Bank of America upgraded Visa from a “neutral” rating to a “buy” rating and set a $382.00 target price on the stock in a report on Thursday, December 11th. KeyCorp reaffirmed an “overweight” rating and issued a $405.00 price target on shares of Visa in a report on Wednesday, October 22nd. Hsbc Global Res upgraded shares of Visa from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Visa in a research report on Wednesday, October 8th. Four investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $402.52.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expands in Africa — Access Bank partnership launches a corporate card solution for Nigerian businesses, which supports incremental transaction volume and regional payment growth. Access Bank/Visa partnership
• Positive Sentiment: Network resilience argument — analysis notes Visa and Mastercard act like toll roads (collecting interchange on every swipe) and are structurally less exposed than lenders to an APR cap, suggesting the core payments franchise is durable even if issuing banks face pressure. MarketBeat analysis
• Neutral Sentiment: Wall?street takeaways — some analyst commentaries remain broadly constructive on Visa’s long?term growth (digital commerce, cross?border volumes), but analysts’ optimism may be offset short?term by regulatory headlines. Zacks: analyst views
• Neutral Sentiment: Longer?term thematic tailwinds — AI?driven e?commerce and “smarter” checkout experiences are expected to lift fintech and payments volumes, which could benefit Visa over time if transaction growth holds. Investopedia on AI-driven shopping
• Negative Sentiment: Interest?rate cap risk — President Trump’s proposed 10% credit?card APR cap is prompting warnings from bank CFOs and industry groups that the measure could force issuers to cut accounts, tighten underwriting and reduce consumer spending, which would indirectly lower Visa’s transaction volumes. Fox Business: JPMorgan CFO warns CNBC: banks could fight cap
• Negative Sentiment: Routing / swipe?fee threat — proposals to require lower?cost routing alternatives or cap swipe fees have analysts and strategists expressing hesitation on Visa/Mastercard near term because any structural reduction in interchange or mandated routing change could pressure network economics. YouTube: Chris Grisanti on swipe fee legislation MarketWatch on sharp drops
• Negative Sentiment: Immediate market reaction — coverage and bulletin headlines drove a quick sell?off in payments and bank names as investors price in regulatory uncertainty and potential volume/margin hits to issuers (the source of Visa’s transaction flow). TipRanks: stocks fall on cap

Visa Trading Down 4.5%

Shares of V opened at $327.81 on Wednesday. The stock’s fifty day simple moving average is $339.98 and its 200-day simple moving average is $343.96. The firm has a market capitalization of $597.18 billion, a PE ratio of 32.11, a price-to-earnings-growth ratio of 2.02 and a beta of 0.81. Visa Inc. has a 12-month low of $299.00 and a 12-month high of $375.51. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.53.

Visa (NYSE:V) last announced its quarterly earnings data on Tuesday, October 28th. The credit-card processor reported $2.98 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.01. Visa had a return on equity of 60.31% and a net margin of 50.15%.The firm had revenue of $10.72 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the previous year, the business posted $2.71 EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. As a group, research analysts predict that Visa Inc. will post 11.3 earnings per share for the current year.

Visa Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Wednesday, November 12th were issued a $0.67 dividend. This is an increase from Visa’s previous quarterly dividend of $0.59. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, November 12th. Visa’s dividend payout ratio (DPR) is currently 26.25%.

Insider Buying and Selling at Visa

In other Visa news, insider Paul D. Fabara sold 2,172 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $325.93, for a total value of $707,919.96. Following the transaction, the insider owned 26,413 shares of the company’s stock, valued at approximately $8,608,789.09. This represents a 7.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Ryan Mcinerney sold 10,485 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $341.00, for a total value of $3,575,385.00. Following the transaction, the chief executive officer owned 537 shares of the company’s stock, valued at $183,117. The trade was a 95.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 24,042 shares of company stock valued at $8,247,289. 0.12% of the stock is currently owned by insiders.

About Visa

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.