Arizona State Retirement System Has $160.04 Million Stake in Visa Inc. $V

Arizona State Retirement System grew its stake in shares of Visa Inc. (NYSE:V) by 1.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 466,471 shares of the credit-card processor’s stock after purchasing an additional 4,584 shares during the period. Visa comprises approximately 0.8% of Arizona State Retirement System’s portfolio, making the stock its 18th biggest position. Arizona State Retirement System’s holdings in Visa were worth $160,042,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of V. Parvin Asset Management LLC grew its position 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 during the period. Philadelphia Investment Partners LLC bought a new stake in Visa in the second quarter worth about $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 position in Visa in the fourth quarter valued at about $34,000. Finally, Timmons Wealth Management LLC bought a new position in shares of Visa during the 4th quarter valued at approximately $34,000. 82.15% of the stock is owned by hedge funds and other institutional investors.

Visa Price Performance

V traded down $6.25 on Tuesday, reaching $368.82. The company had a trading volume of 4,927,265 shares, compared to its average volume of 7,770,979. Visa Inc. has a 52-week low of $293.89 and a 52-week high of $385.57. The company has a market cap of $658.14 billion, a price-to-earnings ratio of 31.36, a P/E/G ratio of 2.01 and a beta of 0.76. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. The business has a 50 day simple moving average of $364.28 and a 200 day simple moving average of $333.79.

Visa (NYSE:V) last released 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. The business had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.98 EPS. As a group, sell-side analysts anticipate that Visa Inc. will post 13.16 EPS for the current year.

Visa Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, August 11th. Visa’s dividend payout ratio is presently 22.79%.

Insider Buying and Selling at Visa

In related news, insider Tullier Mahon sold 57,272 shares of Visa stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $364.97, for a total value of $20,902,561.84. Following the transaction, the insider owned 49,662 shares in the company, valued at $18,125,140.14. This trade represents a 53.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ryan Mcinerney sold 20,970 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $340.25, for a total value of $7,135,042.50. Following the completion of the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,162,953.50. This trade represents a 58.02% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 104,537 shares of company stock worth $37,540,837 over the last ninety days. Insiders own 0.12% of the company’s stock.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa introduced an onchain credit model that combines VisaNet settlement data with blockchain-lending infrastructure. The program is intended to help stablecoin-linked card issuers and fintechs obtain working capital, potentially supporting transaction growth and increasing Visa’s relevance in digital-asset payments. Visa expands data offering for blockchain lenders
• Positive Sentiment: Demand for Visa’s stablecoin-linked card infrastructure is accelerating. Visa now supports more than 160 programs, with payment volume reportedly up nearly 200% year over year and stablecoin settlement activity reaching an annualized rate of about $20 billion. That growth could create additional payment-volume opportunities over time. Visa connects settlement data to blockchain lenders
• Positive Sentiment: Visa cited Credit Coop as an early example of the model. The blockchain lender has reportedly financed more than $2.5 billion in cumulative settlement volume since 2023 across more than 3,000 borrowing events and 9,000 repayments, with no reported defaults—an early indication that the approach can support payment settlement financing. Visa onchain lending model with Credit Coop
• Neutral Sentiment: Commentary on Visa’s VAMP risk-management framework and Mastercard’s GMAP suggests both networks are adapting fraud and payment-risk strategies as digital payments evolve. The discussion offers strategic context but does not identify a specific change to Visa’s earnings outlook. Visa and Mastercard risk strategies
• Negative Sentiment: The onchain initiative introduces exposure to regulatory uncertainty, crypto-market volatility, counterparty credit risk and execution challenges. Visa’s high valuation means investors may expect rapid monetization, while the announcements provide limited detail on near-term revenue or profit contributions.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on V. Barclays began coverage on shares of Visa in a research note on Tuesday, July 7th. They set an “overweight” rating and a $420.00 price target for the company. Sanford C. Bernstein reissued an “outperform” rating and issued a $450.00 target price on shares of Visa in a research report on Tuesday, June 2nd. Citigroup reissued a “buy” rating and issued a $440.00 target price (up from $400.00) on shares of Visa in a research report on Wednesday, July 29th. Raymond James Financial reaffirmed an “outperform” rating and set a $406.00 price target on shares of Visa in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. increased their price target on Visa from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $416.62.

About Visa

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.