Western Wealth Management LLC boosted its stake in shares of Visa Inc. (NYSE:V – Free Report) by 22.0% in the 1st quarter, HoldingsChannel reports. The fund owned 39,691 shares of the credit-card processor’s stock after buying an additional 7,148 shares during the quarter. Western Wealth Management LLC’s holdings in Visa were worth $11,996,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of V. Brighton Jones LLC raised its holdings in Visa by 50.1% during the 4th quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor’s stock valued at $6,522,000 after buying an additional 6,883 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Visa by 68.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor’s stock valued at $3,733,000 after acquiring an additional 4,817 shares during the last quarter. Nicholas Hoffman & Company LLC. boosted 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 purchasing an additional 477 shares during the period. Matrix Asset Advisors Inc. NY grew its stake in shares of Visa by 16.9% in the second quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor’s stock worth $402,000 after purchasing an additional 164 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in Visa by 13.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor’s stock valued at $6,521,000 after purchasing an additional 2,230 shares during the period. 82.15% of the stock is owned by hedge funds and other institutional investors.
Key Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Strong Q3 results and resilient consumer spending: Visa reported adjusted EPS of $3.32 versus the $3.23 consensus and revenue of $11.63 billion versus estimates of $11.40 billion. Revenue increased 14.4% year over year, cross-border volume remained strong, and payments volume surpassed $4 trillion for the first time—evidence of continued spending momentum. Visa Q3 Earnings Beat Estimates on Cross-Border Volume Strength
- Positive Sentiment: Analysts raised price targets: JPMorgan lifted its target to $450, Baird to $420, BMO to $405 and Cantor Fitzgerald maintained an overweight rating with a $410 target. The revisions reflect confidence in Visa’s growth, payment volume and long-term fundamentals. Visa Analyst Forecasts
- Positive Sentiment: Payment ecosystem expansion: Visa highlighted AI, stablecoins, value-added services and Visa Direct, which is being positioned to modernize government disbursements and other money-movement use cases. X Money also launched in the United States using a branded Visa debit card, potentially increasing Visa’s transaction reach. Visa Direct Modernizes Government Payouts
- Neutral Sentiment: Dividend declared: Visa declared a quarterly dividend of $0.67 per share, payable September 1 to shareholders of record August 11. The roughly 0.7% yield offers modest shareholder support but is unlikely to drive the stock materially.
- Negative Sentiment: Expense and workforce concerns: Visa plans to eliminate approximately 2,600 jobs, or about 7% of its workforce, citing efficiency initiatives and AI-driven changes. The cuts could improve margins over time, but investors initially focused on higher operating expenses and execution risks. Visa Slashes Thousands of Jobs in Efficiency Push
- Negative Sentiment: Valuation and market pressure: Commentary has flagged Visa’s premium valuation and competition from Mastercard, PayPal and emerging payment platforms. Separately, an oil-price spike and U.S.-Iran tensions pressured the broader market, creating an unfavorable backdrop for large-cap technology and financial stocks. Visa Valuation Commentary
Insider Buying and Selling at Visa
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. Wells Fargo & Company reaffirmed an “overweight” rating and set a $432.00 price target (up from $412.00) on shares of Visa in a research report on Thursday. Susquehanna reissued a “positive” rating and set a $427.00 target price (up from $410.00) on shares of Visa in a research note on Wednesday. Piper Sandler restated an “overweight” rating and set a $430.00 target price (up from $394.00) on shares of Visa in a report on Wednesday. Truist Financial raised their price target on Visa from $371.00 to $394.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Evercore set a $350.00 price target on shares of Visa in a report on Wednesday, April 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have given a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $411.77.
Get Our Latest Research Report on V
Visa Stock Down 0.6%
V stock opened at $366.65 on Friday. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $373.97. The company has a market capitalization of $657.69 billion, a price-to-earnings ratio of 31.18, a price-to-earnings-growth ratio of 1.96 and a beta of 0.75. The business’s 50 day moving average price is $340.37 and its two-hundred day moving average price is $325.50. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 0.99.
Visa (NYSE:V – Get Free Report) last released its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.40 billion. During the same quarter last year, the business posted $2.98 EPS. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. As a group, analysts forecast that Visa Inc. will post 13.16 earnings per share for the current fiscal year.
Visa declared that its Board of Directors has authorized a share buyback 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 buy up to 3.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.
Visa Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s dividend payout ratio (DPR) is currently 22.79%.
Visa 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.
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