Bull Harbor Capital LLC Buys New Stake in Visa Inc. $V

Bull Harbor Capital LLC purchased a new stake in Visa Inc. (NYSE:V) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,543 shares of the credit-card processor’s stock, valued at approximately $769,000.

A number of other institutional investors also recently bought and sold shares of V. Vanguard Group Inc. boosted its stake in Visa by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock valued at $56,455,834,000 after acquiring an additional 1,054,343 shares in the last quarter. State Street Corp increased its position in shares of Visa by 0.8% during the fourth quarter. State Street Corp now owns 82,798,151 shares of the credit-card processor’s stock worth $29,038,140,000 after purchasing an additional 626,821 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Visa by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 44,042,586 shares of the credit-card processor’s stock valued at $15,411,395,000 after purchasing an additional 388,996 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Visa by 1.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 41,092,294 shares of the credit-card processor’s stock valued at $14,411,480,000 after purchasing an additional 716,218 shares during the period. Finally, Bank of America Corp DE grew its stake in Visa by 1.7% during the 4th quarter. Bank of America Corp DE now owns 23,835,336 shares of the credit-card processor’s stock worth $8,359,291,000 after buying an additional 398,459 shares during the last quarter. 82.15% of the stock is owned by hedge funds and other institutional investors.

More 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

Analyst Ratings Changes

V has been the subject of a number of research reports. Wolfe Research reiterated an “outperform” rating and issued a $435.00 price objective (up from $430.00) on shares of Visa in a research note on Wednesday. Weiss Ratings upgraded shares of Visa from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 6th. Oppenheimer reaffirmed an “outperform” rating and issued a $403.00 target price (up from $391.00) on shares of Visa in a report on Wednesday, April 29th. Raymond James Financial reiterated an “outperform” rating and issued a $406.00 price target on shares of Visa in a research report on Wednesday. Finally, Susquehanna reiterated a “positive” rating and set a $427.00 price target (up from $410.00) on shares of Visa in a research note on Wednesday. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to MarketBeat.com, Visa has a consensus rating of “Buy” and an average price target of $411.77.

Visa Trading Down 0.6%

NYSE:V opened at $366.65 on Friday. The firm has a market cap of $657.69 billion, a P/E ratio of 31.18, a PEG ratio of 1.96 and a beta of 0.75. The company has a current ratio of 0.99, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. The stock’s 50 day simple moving average is $340.37 and its 200-day simple moving average is $325.50. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $373.97.

Visa (NYSE:V) last issued its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The firm had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.40 billion. During the same period last year, the company earned $2.98 earnings per share. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. Equities analysts anticipate that Visa Inc. will post 13.16 EPS for the current year.

Visa Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa’s dividend payout ratio (DPR) is 22.79%.

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

Insider Activity

In other Visa news, CEO Ryan Mcinerney sold 10,490 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $343.99, for a total transaction of $3,608,455.10. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,219,704.26. The trade was a 40.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 transaction, the chief financial officer directly owned 9,872 shares of the company’s stock, valued at approximately $3,206,524.32. This trade represents a 51.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 44,126 shares of company stock valued at $14,928,871 over the last quarter. Corporate insiders own 0.12% of the company’s stock.

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.