Royal Bank of Canada Decreases Stock Position in Visa Inc. $V

Posted by on Jul 29th, 2026

Royal Bank of Canada decreased its stake in shares of Visa Inc. (NYSE:V – Free Report) by 0.5% during the first quarter, HoldingsChannel reports. The firm owned 12,520,047 shares of the credit-card processor’s stock after selling 60,820 shares during the quarter. Visa makes up about 0.7% of Royal Bank of Canada’s investment portfolio, making the stock its 24th largest position. Royal Bank of Canada’s holdings in Visa were worth $3,784,058,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in V. Invariant Investment Management purchased a new stake in Visa in the 4th quarter worth about $969,000. Nixon Peabody Trust Co. boosted its holdings in shares of Visa by 58.1% in the first quarter. Nixon Peabody Trust Co. now owns 4,201 shares of the credit-card processor’s stock worth $1,270,000 after acquiring an additional 1,543 shares during the period. Vanguard Group Inc. grew its holdings in Visa by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock valued at $56,455,834,000 after buying an additional 1,054,343 shares in the last quarter. Savvy Advisors Inc. lifted its holdings in shares of Visa by 30.1% in the fourth quarter. Savvy Advisors Inc. now owns 28,922 shares of the credit-card processor’s stock worth $10,143,000 after buying an additional 6,688 shares in the last quarter. Finally, Wealth Enhancement Trust Services Inc. purchased a new stake in shares of Visa in the fourth quarter worth about $15,966,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Visa News Roundup

Here are the key news stories impacting Visa this week:

  • Positive Sentiment: Quarterly results exceeded expectations. Visa reported fiscal Q3 revenue of $11.63 billion, up 14.4% year over year and ahead of the roughly $11.40 billion consensus estimate. Adjusted EPS was $3.32, compared with expectations of $3.23 and $2.98 a year earlier. The company also reported $5.63 billion in profit. Visa Surpasses Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Spending and transaction growth remained resilient. Double-digit growth in payments volume, cross-border volume and processed transactions indicates continued strength in consumer and business spending, supporting Visa’s core payments outlook. Visa Expands Money Movement as Card Spending Accelerates
  • Positive Sentiment: New growth initiatives could expand Visa’s addressable market. Visa highlighted investments in stablecoin settlement, tokenized deposits, wallet infrastructure, commercial payments and money movement. Its participation in the OpenStandard consortium and plans to support OpenUSD could create longer-term opportunities beyond traditional card transactions. Visa Outlines Stablecoin Strategy
  • Neutral Sentiment: X Money provides a potential incremental payments channel. Elon Musk’s X launched a broader banking and payments product using Visa-branded debit cards and Cross River Bank’s infrastructure. The partnership may increase card volumes, but its financial contribution to Visa is not yet clear. X Money Launches With Visa Debit Card
  • Negative Sentiment: Margin concerns limited the market’s reaction. Despite the earnings beat, investors focused on profitability and expense trends, leading to weakness in extended trading. Visa’s planned restructuring also introduces execution and severance-cost risks.
  • Negative Sentiment: Workforce reductions underscore a significant transition. Visa plans to eliminate approximately 2,600 positions, or 7% of its workforce, primarily in technology and product operations, as it uses AI to improve efficiency and redirect investment toward stablecoins, B2B payments and other growth areas. While potentially positive for costs, the cuts may raise concerns about disruption and future innovation. Visa Workforce Reduction

Insider Activity at Visa

In other Visa news, CEO Ryan Mcinerney sold 20,970 shares of Visa stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,162,953.50. The trade was a 58.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the transaction, the chief financial officer directly owned 9,872 shares of the company’s stock, valued at $3,206,524.32. This represents a 51.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,126 shares of company stock worth $14,928,871 over the last 90 days. 0.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on V shares. Morgan Stanley reissued an “overweight” rating and issued a $415.00 price target on shares of Visa in a report on Wednesday, April 29th. Citigroup decreased their price objective on shares of Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Oppenheimer reiterated an “outperform” rating and set a $403.00 target price (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. Erste Group Bank raised shares of Visa from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Clear Str raised shares of Visa to a “strong-buy” rating in a report on Thursday, July 16th. Eight equities research analysts have rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company. Based on data from MarketBeat.com, Visa has a consensus rating of “Buy” and a consensus price target of $399.41.

Check Out Our Latest Analysis on Visa

Visa Price Performance

Shares of Visa stock opened at $366.49 on Wednesday. The business’s 50 day simple moving average is $338.90 and its two-hundred day simple moving average is $325.25. Visa Inc. has a one year low of $293.89 and a one year high of $371.16. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market capitalization of $657.40 billion, a P/E ratio of 31.92, a price-to-earnings-growth ratio of 1.93 and a beta of 0.75.

Visa (NYSE:V – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. Visa had a net margin of 51.68% and a return on equity of 65.00%. The business had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. During the same quarter last year, the firm earned $2.98 EPS. The company’s revenue was up 14.4% on a year-over-year basis. Analysts forecast that Visa Inc. will post 13.12 EPS for the current year.

Visa declared that its Board of Directors has initiated a share repurchase plan on Tuesday, April 28th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

About Visa

(Free Report)

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.

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Institutional Ownership by Quarter for Visa (NYSE:V)

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