State of New Jersey Common Pension Fund D Sells 15,269 Shares of Visa Inc. $V

State of New Jersey Common Pension Fund D lowered its stake in Visa Inc. (NYSE:V) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 583,905 shares of the credit-card processor’s stock after selling 15,269 shares during the quarter. Visa comprises 0.7% of State of New Jersey Common Pension Fund D’s portfolio, making the stock its 19th biggest holding. State of New Jersey Common Pension Fund D’s holdings in Visa were worth $204,781,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Prentice Wealth Management LLC grew its position in shares of Visa by 4.8% during the fourth quarter. Prentice Wealth Management LLC now owns 4,890 shares of the credit-card processor’s stock worth $1,715,000 after purchasing an additional 222 shares in the last quarter. Joseph Group Capital Management grew its position in shares of Visa by 15.2% during the fourth quarter. Joseph Group Capital Management now owns 19,936 shares of the credit-card processor’s stock worth $6,992,000 after purchasing an additional 2,626 shares in the last quarter. Wagner Wealth Management LLC grew its position in shares of Visa by 44.2% during the fourth quarter. Wagner Wealth Management LLC now owns 1,340 shares of the credit-card processor’s stock worth $470,000 after purchasing an additional 411 shares in the last quarter. Canandaigua National Trust Co of Florida grew its position in shares of Visa by 39.2% during the fourth quarter. Canandaigua National Trust Co of Florida now owns 3,496 shares of the credit-card processor’s stock worth $1,226,000 after purchasing an additional 985 shares in the last quarter. Finally, Oakwell Private Wealth Management LLC grew its position in shares of Visa by 7.2% during the fourth quarter. Oakwell Private Wealth Management LLC now owns 5,019 shares of the credit-card processor’s stock worth $1,760,000 after purchasing an additional 339 shares in the last quarter. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on V shares. Morgan Stanley reiterated an “overweight” rating and set a $415.00 target price on shares of Visa in a research report on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating and set a $400.00 target price on shares of Visa in a research report on Wednesday. Loop Capital started coverage on Visa in a research report on Tuesday, March 31st. They set a “buy” rating and a $387.00 target price for the company. Daiwa Securities Group upgraded Visa from a “neutral” rating to an “outperform” rating and set a $370.00 target price for the company in a research report on Monday, February 2nd. Finally, Piper Sandler set a $160.00 target price on Visa in a research report on Wednesday, January 28th. Six equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $387.25.

Insider Activity at Visa

In other Visa news, Director Lloyd Carney sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the transaction, the director owned 2,679 shares in the company, valued at $829,471.98. This trade represents a 19.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ryan Mcinerney sold 31,455 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This represents a 67.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company 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: Q2 beat, raised guidance and $20B buyback — Visa reported fiscal Q2 results that topped revenue and EPS expectations, raised full‑year growth outlook and authorized a $20 billion share repurchase, signaling management confidence and returning capital to shareholders. Visa Q2 Earnings Beat
• Positive Sentiment: Stablecoin/crypto settlement expansion — Visa expanded its stablecoin settlement pilot to nine blockchains and says the program has reached roughly a $7B annualized run rate, boosting optionality for new settlement rails and non‑bank payment flows. Visa Adds Polygon, Base Support
• Positive Sentiment: Agentic Ready (AI agent payments) roll‑out — Visa is accelerating its Agentic Ready program across APAC and LatAm, positioning the network to capture transaction volume from emerging “agentic”/AI-driven commerce instead of being bypassed. This supports long‑term growth narrative. Visa Launches Agentic Ready
• Positive Sentiment: Analyst upgrades/targets — UBS raised its price target to $410 (buy) and Cantor Fitzgerald reaffirmed overweight with a $400 target, adding analyst momentum to the post‑earnings rally. Analyst Coverage
• Neutral Sentiment: Dividend declared — Visa set a quarterly dividend of $0.67/share (record May 12), a small yield but part of shareholder return mix. (Company release)
• Neutral Sentiment: Industry/peer context — Mastercard also reported upside but its stock retreated; sector reactions to card‑network beats can be volatile even with good results. Mastercard Earnings
• Neutral Sentiment: Third‑party innovation using Visa rails — Startups are issuing corporate Visa cards to AI agents (e.g., Oobit), which demonstrates demand for Visa rails but also highlights evolving use cases that may change fee dynamics. Oobit Agent Cards
• Negative Sentiment: Insider sale by CEO — CEO Ryan McInerney sold 31,455 shares (~67% reduction in his post‑sale holdings) under a pre‑arranged Rule 10b5‑1 plan; large insider sales can spook investors even when planned. SEC filing: SEC Form 4
• Negative Sentiment: Longer‑term AI/stablecoin risk — Management frames AI and stablecoins as opportunity, but investors worry agentic commerce or on‑chain rails could erode Visa’s fee economics if adoption bypasses traditional networks; this remains an execution and structural risk. MarketBeat Analysis

Visa Stock Performance

NYSE V opened at $330.66 on Friday. The stock has a market capitalization of $600.21 billion, a PE ratio of 28.80, a P/E/G ratio of 1.91 and a beta of 0.80. The business has a 50 day simple moving average of $310.11 and a two-hundred day simple moving average of $327.41. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.11. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $375.51.

Visa (NYSE:V) last released its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.21. The business had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The firm’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.76 EPS. On average, research analysts predict that Visa Inc. will post 12.88 EPS for the current fiscal year.

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, May 12th. Visa’s dividend payout ratio (DPR) is currently 25.14%.

Visa announced that its board has initiated a stock repurchase plan on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Visa Profile

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.