Visa (NYSE:V) Price Target Raised to $440.00

Visa (NYSE:V) had its price target increased by Barclays from $420.00 to $440.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an overweight rating on the credit-card processor’s stock.

V has been the subject of several other reports. Loop Capital lifted their price target on Visa from $387.00 to $404.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. BMO Capital Markets set a $438.00 price objective on Visa and gave the company an “outperform” rating in a report on Wednesday. Truist Financial set a $443.00 price objective on Visa and gave the stock a “buy” rating in a research report on Friday, October 23rd. Clear Str upgraded Visa to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Visa in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $438.41.

Visa Trading Up 0.8%

Shares of Visa stock opened at $413.69 on Wednesday. The business has a fifty day simple moving average of $381.31 and a two-hundred day simple moving average of $342.25. Visa has a 1 year low of $293.89 and a 1 year high of $417.00. The company has a market capitalization of $738.20 billion, a price-to-earnings ratio of 33.55, a P/E/G ratio of 1.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99.

Visa (NYSE:V) last released its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. Visa had a net margin of 51.20% and a return on equity of 70.50%. The firm had revenue of $12.14 billion during the quarter, compared to analysts’ expectations of $12.09 billion. During the same period in the previous year, the business posted $2.98 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. Research analysts forecast that Visa will post 15.03 EPS for the current year.

Visa Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 10th will be paid a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. Visa’s payout ratio is 21.74%.

Insider Activity

In related news, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares in the company, valued at $5,444,582.94. This trade represents a 27.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 1,867 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total transaction of $687,690.78. Following the sale, the general counsel directly owned 18,404 shares in the company, valued at $6,778,929.36. The trade was a 9.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 21,520 shares of company stock worth $7,960,757. Company insiders own 0.12% of the company’s stock.

Hedge Funds Weigh In On Visa

A number of hedge funds have recently modified their holdings of the business. John Boyer Inc. purchased a new position in shares of Visa during the third quarter worth about $27,000. Philadelphia Investment Partners LLC acquired a new stake in Visa during the 2nd quarter worth approximately $29,000. Virtus Advisers LLC purchased a new position in shares of Visa in the 2nd quarter valued at approximately $33,000. Portfolio Resources Advisor Group Inc. purchased a new position in shares of Visa in the 3rd quarter valued at approximately $35,000. Finally, DecisionPoint Financial LLC increased its holdings in shares of Visa by 307.7% in the third quarter. DecisionPoint Financial LLC now owns 106 shares of the credit-card processor’s stock valued at $38,000 after purchasing an additional 80 shares during the period. Institutional investors and hedge funds own 82.15% of the company’s stock.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong operating trends: Visa’s latest earnings discussion highlighted resilient U.S. spending, accelerating cross-border volumes, commercial and e-commerce growth, and expanding value-added services. More than 60% of e-commerce transactions are now tokenized, supporting network security and long-term volume growth. 5 insightful analyst questions from Visa’s Q3 earnings call
• Positive Sentiment: China and international expansion: Visa and Tencent signed an agreement covering cross-border payments, international money transfers and AI-powered commerce. Visa also received approval to prepare for a domestic bank-card clearing business in China, potentially expanding its addressable market. Tencent, Visa deepen payments push in China
• Positive Sentiment: Digital-assets opportunity: Visa’s annualized stablecoin settlement volume reportedly surpassed $25 billion, while stablecoin-linked card programs exceeded 225. The progress reinforces Visa’s role in emerging payment infrastructure. Visa Stablecoin Settlement Tops $25 Billion
• Positive Sentiment: Shareholder returns and analyst support: Visa raised its quarterly dividend 16.4% to $0.78 per share. KeyCorp maintained an “Overweight” rating with a $425 target and projects EPS of $16.93 in fiscal 2028 and $19.00 in fiscal 2029. Wells Fargo separately lifted its target to $463, while RBC, Oppenheimer, Barclays and JPMorgan also issued favorable commentary. Wells Fargo raises Visa price target
• Neutral Sentiment: Industry backdrop: Cross-border activity and consumer spending remain supportive, but rising technology expenses and inflation could pressure payment-industry margins. Financial transaction stocks amid cost and inflation pressure
• Negative Sentiment: Merchant litigation risk: Visa’s agreement to drop the “honor all cards” rule settles part of a merchant dispute but could create uncertainty around acceptance practices and pricing power. Will ditching the honor all cards rule matter?

About Visa

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.