Sowell Financial Services LLC cut its holdings in Visa Inc. (NYSE:V – Free Report) by 3.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,223 shares of the credit-card processor’s stock after selling 1,559 shares during the quarter. Sowell Financial Services LLC’s holdings in Visa were worth $14,813,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. XXEC Inc. raised its holdings in shares of Visa by 153,118.8% in the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock valued at $63,904,097,000 after purchasing an additional 186,138,883 shares in the last quarter. State Street Corp lifted its position in shares of Visa by 0.7% in the 2nd quarter. State Street Corp now owns 82,872,209 shares of the credit-card processor’s stock worth $28,432,626,000 after purchasing an additional 566,194 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Visa by 13.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,720,068 shares of the credit-card processor’s stock worth $5,393,398,000 after purchasing an additional 1,808,496 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Visa by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,842,842 shares of the credit-card processor’s stock worth $2,672,655,000 after purchasing an additional 316,559 shares during the period. Finally, Amundi lifted its position in shares of Visa by 16.5% in the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor’s stock worth $2,646,911,000 after purchasing an additional 1,092,315 shares during the period. 82.15% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Visa
In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $358.81, for a total value of $2,108,008.75. Following the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,444,582.94. The trade was a 27.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 Rottenberg sold 1,867 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total value of $687,690.78. Following the transaction, the general counsel directly owned 18,404 shares in the company, valued at approximately $6,778,929.36. The trade was a 9.21% 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. Insiders sold a total of 78,792 shares of company stock worth $28,863,319 over the last three months. Corporate insiders own 0.12% of the company’s stock.
Trending Headlines about Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: AI-driven business payments: Visa launched a live pilot with BILL Holdings and Billtrust that allows authenticated AI agents to initiate and complete approved invoice payments through supplier portals. The initiative could help Visa capture more high-value business-to-business transactions while reducing reliance on checks and legacy payment processes. Visa Launches Agentic Payments Pilot With BILL and Billtrust
- Positive Sentiment: Fraud prevention and commercial-card tools: New capabilities for virtual commercial cards are designed to improve transaction security, authentication and corporate payment controls. These products may support growth in Visa’s commercial payments and value-added services businesses. Visa Debuts Tools to Keep Fraud Out of Virtual Commercial Card Payments
- Positive Sentiment: Crypto and stablecoin reach: Visa’s partnership with Mesh is intended to let users spend eligible cryptocurrency and stablecoin balances at more than 175 million Visa-accepting locations without first using a separate crypto card. Although rollout details remain limited, the arrangement could increase payment volume and reinforce Visa’s role as digital assets enter mainstream commerce. Visa Starts AI Agent Pilot for Business Payments
- Neutral Sentiment: Earnings and valuation are key near-term tests: Analysts expect continued earnings growth following Visa’s latest revenue and EPS beat, while investors will look for guidance and a potential dividend increase in the October 27 report. However, the stock’s premium valuation—around 35 times earnings—leaves less room for disappointment. Visa Reports Next Week: Wall Street Expects Earnings Growth
- Negative Sentiment: Fee and regulatory pressure: Canadian merchants are urging card networks to reduce interchange fees, and Visa is changing certain Canadian fees. Broader merchant resistance, antitrust scrutiny and potential U.S. credit-card competition legislation remain risks to Visa’s pricing power and future valuation multiples. Visa Changes Fees in Canada
Visa Stock Performance
V stock opened at $408.02 on Thursday. The firm has a market cap of $728.09 billion, a price-to-earnings ratio of 34.70, a PEG ratio of 1.91 and a beta of 0.77. The firm has a 50-day simple moving average of $375.43 and a two-hundred day simple moving average of $348.85. Visa Inc. has a one year low of $293.89 and a one year high of $409.53. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99.
Visa (NYSE:V – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.40 billion. During the same period last year, the business earned $2.98 EPS. The company’s revenue was up 14.4% compared to the same quarter last year. On average, equities analysts forecast that Visa Inc. will post 13.22 EPS for the current fiscal year.
Visa Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were paid a $0.67 dividend. 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 (DPR) is 22.79%.
Analyst Ratings Changes
A number of research firms have recently issued reports on V. Robert W. Baird increased their price objective on shares of Visa from $420.00 to $430.00 and gave the company an “outperform” rating in a research note on Monday, October 12th. Piper Sandler reissued an “overweight” rating and issued a $430.00 price objective (up from $394.00) on shares of Visa in a research note on Wednesday, July 29th. DZ Bank reissued a “buy” rating on shares of Visa in a research note on Monday, August 3rd. Evercore upped their target price on Visa from $350.00 to $370.00 in a report on Wednesday, July 29th. Finally, Clear Str raised Visa to a “strong-buy” rating in a research report on Thursday, July 16th. Three investment analysts have rated the stock with a Strong Buy rating and thirty-four have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $426.12.
Read Our Latest Stock Analysis on V
Visa Company Profile
Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.
Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.
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