Cidel Asset Management Inc. raised its stake in Visa Inc. (NYSE:V – Free Report) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 128,445 shares of the credit-card processor’s stock after buying an additional 2,024 shares during the period. Visa makes up about 2.1% of Cidel Asset Management Inc.’s investment portfolio, making the stock its 10th largest holding. Cidel Asset Management Inc.’s holdings in Visa were worth $44,068,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Parvin Asset Management LLC lifted its stake in Visa by 200.0% during the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after buying an additional 50 shares in the last quarter. Philadelphia Investment Partners LLC acquired a new position in shares of Visa in the second quarter worth $29,000. Virtus Advisers LLC purchased a new position in Visa in the second quarter valued at about $33,000. RHL Group LLC purchased a new stake in shares of Visa during the 4th quarter worth about $34,000. Finally, Timmons Wealth Management LLC acquired a new position in Visa in the fourth quarter worth approximately $34,000. Institutional investors and hedge funds own 82.15% of the company’s stock.
Insider Buying and Selling at Visa
In other news, CEO Ryan Mcinerney sold 5,875 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $379.65, for a total transaction of $2,230,443.75. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,760,809.10. The trade was a 27.91% decrease in their position. The transaction was disclosed in a document filed 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, General Counsel Julie B. Rottenberg sold 2,028 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the transaction, the general counsel directly owned 18,404 shares of the company’s stock, valued at $7,018,365.40. This represents a 9.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 104,537 shares of company stock valued at $37,540,837 in the last ninety days. Company insiders own 0.12% of the company’s stock.
Visa Price Performance
Visa (NYSE:V – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, topping 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 analyst estimates of $11.40 billion. During the same period in the previous year, the company earned $2.98 earnings per share. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. Research analysts predict that Visa Inc. will post 13.16 earnings per share for the current year.
Visa Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, August 11th. Visa’s dividend payout ratio is presently 22.79%.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. BNP Paribas Exane raised shares of Visa to a “strong-buy” rating in a research report on Tuesday, July 21st. TD Cowen restated a “buy” rating on shares of Visa in a report on Wednesday, July 29th. Raymond James Financial reiterated an “outperform” rating and set a $406.00 price target on shares of Visa in a research note on Wednesday, July 29th. Wells Fargo & Company reissued an “overweight” rating and issued a $432.00 price objective (up from $412.00) on shares of Visa in a research note on Thursday, July 30th. Finally, Barclays initiated coverage on Visa in a research report on Tuesday, July 7th. They set an “overweight” rating and a $420.00 target price for the company. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $416.62.
Read Our Latest Stock Analysis on Visa
Key Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Stablecoin activity is scaling rapidly. Visa said it now supports more than 160 stablecoin-linked card programs, with related payment volume increasing nearly 200% year over year and reaching an annualized settlement rate of approximately $20 billion. This strengthens Visa’s position in digital-asset payments and could create additional transaction and service revenue opportunities. Visa tells CNBC it is expanding data offering for blockchain lenders as demand for stablecoin-linked cards surges
- Positive Sentiment: Visa is adding onchain lending capabilities. The company is combining VisaNet settlement data with blockchain lending infrastructure to help stablecoin-focused fintechs obtain working capital. Visa also cited Credit Coop, which has financed billions of dollars in settlement volume without reported borrower defaults, potentially expanding Visa’s role beyond payment processing. Visa Brings Onchain Lending into Everyday Payments
- Positive Sentiment: Visa and the World Bank’s IFC announced a risk-sharing initiative intended to expand digital payments and financial inclusion in emerging markets. Greater access to digital financial services could support long-term card issuance, payment volume and network growth. Visa and World Bank Group Announce New Risk-Sharing Initiative
- Neutral Sentiment: Artificial-intelligence shopping adoption is progressing, but CEO Ryan McInerney said autonomous, agent-driven payments have not yet gained meaningful traction. Visa is preparing for the opportunity, though near-term revenue impact remains uncertain. Visa CEO Says AI Shopping Has Arrived but Agentic Payments Haven’t
- Negative Sentiment: Recent market performance has been weaker than the broader market. A Zacks report attributed the move to normal market and valuation pressures rather than a newly reported deterioration in Visa’s fundamentals. The stock’s elevated earnings multiple leaves it sensitive to profit-taking if investors require clearer evidence that stablecoin and AI initiatives will accelerate growth. Visa Falls More Steeply Than Broader Market
Visa Profile
Visa Inc is a global payments technology company that operates one of the world’s largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.
Visa’s products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.
Featured Articles
- Five stocks we like better than Visa
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.
