Visa Inc. $V Holdings Lifted by Positano Wealth Management Ltd

Positano Wealth Management Ltd raised its holdings in shares of Visa Inc. (NYSE:V) by 25.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,901 shares of the credit-card processor’s stock after purchasing an additional 9,883 shares during the period. Visa accounts for about 10.9% of Positano Wealth Management Ltd’s holdings, making the stock its 4th largest holding. Positano Wealth Management Ltd’s holdings in Visa were worth $14,780,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in V. Farmers National Bank boosted its stake in shares of Visa by 2.1% during the 1st quarter. Farmers National Bank now owns 25,935 shares of the credit-card processor’s stock valued at $7,839,000 after purchasing an additional 545 shares in the last quarter. Evansbrook LLC boosted its position in Visa by 4.9% during the 1st quarter. Evansbrook LLC now owns 1,330 shares of the credit-card processor’s stock valued at $402,000 after acquiring an additional 62 shares in the last quarter. Wealthquest Corp grew its holdings in shares of Visa by 6.6% during the 1st quarter. Wealthquest Corp now owns 2,281 shares of the credit-card processor’s stock worth $689,000 after acquiring an additional 141 shares during the period. NewEdge Advisors LLC increased its stake in shares of Visa by 2.2% in the 1st quarter. NewEdge Advisors LLC now owns 757,409 shares of the credit-card processor’s stock worth $228,919,000 after acquiring an additional 16,206 shares in the last quarter. Finally, Caerus Investment Advisors LLC increased its position in Visa by 7.3% during the 1st quarter. Caerus Investment Advisors LLC now owns 1,546 shares of the credit-card processor’s stock valued at $467,000 after buying an additional 105 shares in the last quarter. Institutional investors own 82.15% of the company’s stock.

Visa Price Performance

V stock opened at $366.33 on Monday. The firm has a market capitalization of $657.11 billion, a P/E ratio of 31.15, a price-to-earnings-growth ratio of 1.98 and a beta of 0.74. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $373.97. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. The company has a fifty day simple moving average of $341.12 and a two-hundred day simple moving average of $325.66.

Visa (NYSE:V) last issued its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.09. The company had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.40 billion. Visa had a return on equity of 67.68% and a net margin of 50.78%.The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.98 earnings per share. Analysts anticipate that Visa Inc. will post 13.12 earnings per share for the current fiscal year.

Visa Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa’s dividend payout ratio is presently 22.79%.

Visa announced that its board has authorized a share buyback program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Visa from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. Robert W. Baird boosted their price objective on shares of Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Citigroup restated a “buy” rating and set a $440.00 price objective (up from $400.00) on shares of Visa in a research report on Wednesday. Truist Financial boosted their target price on shares of Visa from $371.00 to $394.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, UBS Group reiterated a “buy” rating and issued a $420.00 price target (up from $410.00) on shares of Visa in a research note on Wednesday. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to data from MarketBeat.com, Visa presently has a consensus rating of “Buy” and an average target price of $411.77.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong earnings continue to support the stock. Visa reported fiscal third-quarter EPS of $3.32, above the $3.23 consensus, while revenue reached $11.63 billion, up 14.4% year over year and ahead of expectations. The results reinforce confidence in payment-volume growth and Visa’s high-margin business model. Visa Trading Up Following Better-Than-Expected Earnings
• Positive Sentiment: Analysts remain constructive. Cantor Fitzgerald reiterated an “Overweight” rating, while BMO Capital Markets, JPMorgan and Robert W. Baird forecast additional price appreciation. One fair-value estimate rose from $398.83 to $411.63, reflecting optimism about payment volumes, value-added services and potential stablecoin-related products. Visa Stock Sees Modest Fair Value Lift
• Positive Sentiment: Restructuring could improve efficiency. Visa plans to eliminate roughly 2,600 jobs, or about 7% of its workforce, as artificial intelligence and other technology reshape operations. Although the cuts may create near-term charges, investors could view lower long-term costs and greater productivity favorably. Visa Layoffs Will Cut 7 Percent of Its Workforce
• Neutral Sentiment: Competitive developments bear watching. X Money launched with a Visa debit card, peer-to-peer transfers and 3% cashback, potentially generating transaction activity for Visa while also intensifying competition in digital payments and consumer wallets. Elon Musk Aims at Venmo With One Bold Perk
• Negative Sentiment: Job cuts may raise execution and sentiment concerns. The scale of the layoffs highlights Visa’s efforts to adapt to AI-driven changes and could unsettle employees or investors if restructuring disrupts growth initiatives. Visa Slashes Thousands of Jobs in Efficiency Push

Insiders Place Their Bets

In other news, General Counsel Julie B. Rottenberg sold 2,027 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total value of $729,720.00. Following the sale, the general counsel directly owned 18,404 shares in the company, valued at approximately $6,625,440. This represents a 9.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the transaction, the chief financial officer owned 9,872 shares of the company’s stock, valued at approximately $3,206,524.32. The trade was a 51.87% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 101,398 shares of company stock worth $35,831,433. Corporate insiders own 0.12% of the company’s stock.

Visa Company Profile

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.