Profund Advisors LLC Purchases 2,149 Shares of Visa Inc. $V

Profund Advisors LLC raised its holdings in shares of Visa Inc. (NYSE:V) by 11.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,548 shares of the credit-card processor’s stock after purchasing an additional 2,149 shares during the quarter. Profund Advisors LLC’s holdings in Visa were worth $7,384,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in V. Beacon Capital Management LLC lifted its holdings in shares of Visa by 2.0% in the third quarter. Beacon Capital Management LLC now owns 1,283 shares of the credit-card processor’s stock valued at $461,000 after purchasing an additional 25 shares in the last quarter. Argyle Capital Partners LLC raised its stake in Visa by 0.7% during the third quarter. Argyle Capital Partners LLC now owns 3,912 shares of the credit-card processor’s stock worth $1,406,000 after acquiring an additional 27 shares in the last quarter. Concorde Asset Management LLC lifted its position in Visa by 4.0% during the 2nd quarter. Concorde Asset Management LLC now owns 728 shares of the credit-card processor’s stock worth $250,000 after buying an additional 28 shares in the last quarter. Ellis Investment Partners LLC boosted its stake in Visa by 2.1% in the third quarter. Ellis Investment Partners LLC now owns 1,363 shares of the credit-card processor’s stock valued at $490,000 after acquiring an additional 28 shares during the last quarter. Finally, Legacy Financial Group Inc. increased its stake in Visa by 3.8% in the third quarter. Legacy Financial Group Inc. now owns 769 shares of the credit-card processor’s stock valued at $276,000 after purchasing an additional 28 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on V shares. Truist Financial set a $443.00 price target on shares of Visa and gave the company a “buy” rating in a research report on Friday, October 23rd. Mizuho set a $440.00 price target on shares of Visa in a research note on Thursday. Piper Sandler reissued an “overweight” rating and set a $479.00 price objective (up from $430.00) on shares of Visa in a report on Wednesday. Wells Fargo & Company raised their target price on Visa from $432.00 to $463.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, President Capital upped their price target on Visa from $411.00 to $474.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $438.41.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong operating trends: Visa’s latest earnings discussion highlighted resilient U.S. spending, accelerating cross-border volumes, commercial and e-commerce growth, and expanding value-added services. More than 60% of e-commerce transactions are now tokenized, supporting network security and long-term volume growth. 5 insightful analyst questions from Visa’s Q3 earnings call
• Positive Sentiment: China and international expansion: Visa and Tencent signed an agreement covering cross-border payments, international money transfers and AI-powered commerce. Visa also received approval to prepare for a domestic bank-card clearing business in China, potentially expanding its addressable market. Tencent, Visa deepen payments push in China
• Positive Sentiment: Digital-assets opportunity: Visa’s annualized stablecoin settlement volume reportedly surpassed $25 billion, while stablecoin-linked card programs exceeded 225. The progress reinforces Visa’s role in emerging payment infrastructure. Visa Stablecoin Settlement Tops $25 Billion
• Positive Sentiment: Shareholder returns and analyst support: Visa raised its quarterly dividend 16.4% to $0.78 per share. KeyCorp maintained an “Overweight” rating with a $425 target and projects EPS of $16.93 in fiscal 2028 and $19.00 in fiscal 2029. Wells Fargo separately lifted its target to $463, while RBC, Oppenheimer, Barclays and JPMorgan also issued favorable commentary. Wells Fargo raises Visa price target
• Neutral Sentiment: Industry backdrop: Cross-border activity and consumer spending remain supportive, but rising technology expenses and inflation could pressure payment-industry margins. Financial transaction stocks amid cost and inflation pressure
• Negative Sentiment: Merchant litigation risk: Visa’s agreement to drop the “honor all cards” rule settles part of a merchant dispute but could create uncertainty around acceptance practices and pricing power. Will ditching the honor all cards rule matter?

Insider Activity

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,582,059.38. The trade was a 27.91% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 stock in a transaction on Monday, August 31st. The stock was 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 in the company, valued at approximately $7,018,365.40. This represents a 9.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 21,520 shares of company stock worth $7,960,757. 0.12% of the stock is owned by corporate insiders.

Visa Stock Up 0.8%

Shares of NYSE V opened at $413.69 on Friday. The stock has a market capitalization of $738.20 billion, a price-to-earnings ratio of 33.55, a price-to-earnings-growth ratio of 1.94 and a beta of 0.77. The company has a quick ratio of 0.99, a current ratio of 0.97 and a debt-to-equity ratio of 0.54. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $417.00. The firm has a 50-day moving average price of $381.31 and a 200 day moving average price of $342.25.

Visa (NYSE:V) last announced its earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.44 by $0.04. Visa had a net margin of 51.20% and a return on equity of 70.50%. The business had revenue of $12.14 billion during the quarter, compared to the consensus estimate of $12.09 billion. During the same period in the prior year, the firm earned $2.98 earnings per share. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. Equities research analysts anticipate that Visa Inc. will post 15.03 EPS for the current fiscal year.

Visa Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be issued a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This is a boost from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. Visa’s dividend payout ratio (DPR) is 21.74%.

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.