Visa Inc. $V Shares Acquired by Blue Chip Partners LLC

Blue Chip Partners LLC grew its stake in shares of Visa Inc. (NYSE:V) by 1.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 92,087 shares of the credit-card processor’s stock after purchasing an additional 1,511 shares during the quarter. Visa accounts for 2.0% of Blue Chip Partners LLC’s investment portfolio, making the stock its 19th biggest position. Blue Chip Partners LLC’s holdings in Visa were worth $27,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in V. Delta Global Management LP grew its holdings in Visa by 6.2% during the 1st quarter. Delta Global Management LP now owns 7,476 shares of the credit-card processor’s stock worth $2,260,000 after acquiring an additional 437 shares in the last quarter. Everest Financial Group LLC grew its position in shares of Visa by 24.8% during the first quarter. Everest Financial Group LLC now owns 33,844 shares of the credit-card processor’s stock worth $10,229,000 after acquiring an additional 6,728 shares during the last quarter. OMERS ADMINISTRATION Corp increased its stake in shares of Visa by 25.0% in the first quarter. OMERS ADMINISTRATION Corp now owns 106,139 shares of the credit-card processor’s stock valued at $32,079,000 after purchasing an additional 21,230 shares during the period. North Reef Capital Management LP raised its stake in Visa by 33.3% during the 1st quarter. North Reef Capital Management LP now owns 360,000 shares of the credit-card processor’s stock valued at $108,806,000 after acquiring an additional 90,000 shares in the last quarter. Finally, FreeGulliver LLC lifted its holdings in Visa by 4.6% in the first quarter. FreeGulliver LLC now owns 2,125 shares of the credit-card processor’s stock worth $642,000 after purchasing an additional 94 shares during the period. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Piper Sandler started coverage on Visa in a research note on Monday, June 29th. They set an “overweight” rating and a $394.00 price target for the company. Loop Capital started coverage on shares of Visa in a report on Tuesday, March 31st. They set a “buy” rating and a $387.00 price target on the stock. Clear Str raised Visa to a “strong-buy” rating in a research report on Thursday, July 16th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $400.00 target price on shares of Visa in a research report on Wednesday, April 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $415.00 price target on shares of Visa in a research note on Wednesday, April 29th. Eight equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Visa has an average rating of “Buy” and a consensus price target of $399.41.

Insider Activity

In other Visa news, CFO Chris Suh sold 10,639 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the completion of the transaction, the chief financial officer directly owned 9,872 shares in the company, valued at $3,206,524.32. This represents a 51.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ryan Mcinerney sold 10,490 shares of Visa stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $343.99, for a total transaction of $3,608,455.10. Following the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,219,704.26. This represents a 40.87% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 75,581 shares of company stock worth $25,627,975. Corporate insiders own 0.12% of the company’s stock.

Visa Stock Performance

Shares of NYSE V opened at $355.29 on Monday. The company has a market cap of $637.31 billion, a P/E ratio of 30.95, a P/E/G ratio of 1.89 and a beta of 0.75. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $365.14. The business’s 50 day moving average is $337.58 and its two-hundred day moving average is $325.14. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64.

Visa (NYSE:V) last issued its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. Visa had a net margin of 51.68% and a return on equity of 65.00%. The firm had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. During the same period in the prior year, the firm earned $2.76 EPS. The business’s revenue was up 17.1% on a year-over-year basis. On average, equities analysts expect that Visa Inc. will post 13.12 EPS for the current year.

Visa Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. Visa’s payout ratio is currently 23.34%.

Visa declared that its board has authorized a stock repurchase program on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Truist Financial raised its price target on Visa to $394 from $371 and reiterated a buy rating, signaling more upside as analysts remain constructive on the stock.
• Positive Sentiment: BNP Paribas Exane upgraded Visa, adding to the bullish analyst momentum around the company’s earnings outlook and business fundamentals.
• Positive Sentiment: Several reports suggest Visa could deliver another “business as usual” earnings beat next week, supported by resilient consumer credit demand, strong payment volumes, and ongoing digital payments growth.
• Positive Sentiment: Visa also continues to announce new partnerships, including embedded-finance and agentic-commerce initiatives with Airwallex and Lianlian, which highlight continued expansion opportunities in business-to-business and next-generation payments.
• Neutral Sentiment: Market commentary comparing Visa and Mastercard favorably to American Express after AMEX’s post-earnings selloff may be helping keep Visa steady, but it is more of an industry read-through than a company-specific catalyst.
• Neutral Sentiment: Visa is also drawing attention as a “wide-moat” stock, reflecting its durable competitive position, though that is mainly a long-term quality argument rather than a fresh near-term driver.

About Visa

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.