Cardinal Capital Management Inc. Purchases New Position in Visa Inc. $V

Cardinal Capital Management Inc. purchased a new stake in Visa Inc. (NYSE:V) during the second quarter, HoldingsChannel.com reports. The firm purchased 118,305 shares of the credit-card processor’s stock, valued at approximately $40,589,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in V. PayPay Securities Corp raised its stake in shares of Visa by 102.7% in the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after acquiring an additional 38 shares during the last quarter. Cresta Advisors Ltd. bought a new stake in Visa during the 4th quarter worth approximately $26,000. Parvin Asset Management LLC increased its holdings in Visa by 200.0% during the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 50 shares in the last quarter. RHL Group LLC acquired a new stake in Visa during the 4th quarter valued at $34,000. Finally, Timmons Wealth Management LLC acquired a new stake in Visa during the 4th quarter valued at $34,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, General Counsel Julie B. Rottenberg sold 2,027 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total value of $729,720.00. Following the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $6,625,440. This trade represents a 9.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 10,490 shares of Visa 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 sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,219,704.26. This represents a 40.87% 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. Insiders sold a total of 90,759 shares of company stock worth $32,375,779 over the last three months. 0.12% of the stock is currently owned by company insiders.

Visa Stock Performance

V stock opened at $362.28 on Wednesday. The company has a 50 day moving average price of $346.77 and a 200 day moving average price of $327.53. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $373.97. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market capitalization of $646.46 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 1.94 and a beta of 0.74.

Visa (NYSE:V) last announced its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.09. The firm had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. Visa had a return on equity of 67.68% and a net margin of 50.78%.The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $2.98 EPS. Analysts forecast that Visa Inc. will post 13.15 EPS for the current year.

Visa declared that its board has authorized a share buyback plan on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Visa Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have issued reports on V shares. Sanford C. Bernstein reiterated an “outperform” rating and issued a $450.00 price objective on shares of Visa in a research report on Tuesday, June 2nd. Wolfe Research restated an “outperform” rating and issued a $435.00 target price (up from $430.00) on shares of Visa in a research note on Wednesday, July 29th. Morgan Stanley reaffirmed an “overweight” rating and issued a $416.00 price target on shares of Visa in a report on Wednesday, July 29th. TD Cowen reiterated a “buy” rating on shares of Visa in a research report on Wednesday, July 29th. Finally, Cantor Fitzgerald set a $445.00 price objective on shares of Visa and gave the stock an “overweight” rating in a report on Monday, August 3rd. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the stock. According to MarketBeat.com, Visa has a consensus rating of “Buy” and an average target price of $413.58.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong earnings and spending trends: Visa surpassed quarterly expectations with 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, supported by resilient consumer spending and anticipated World Cup-related travel activity. Q2 Earnings Outperformers: Visa and the Rest of the Credit Card Stocks
• Positive Sentiment: Analysts raised profit forecasts: Zacks Research increased its estimates across fiscal 2026 through fiscal 2028, including FY2026 EPS of $13.23, FY2027 EPS of $14.89 and FY2028 EPS of $16.81. Erste Group also lifted its forecasts and maintained a Buy rating, reinforcing expectations for continued earnings growth. Visa analyst estimates
• Positive Sentiment: Pismo-DPS expansion: Visa’s Pismo and DPS banking-infrastructure strategy could expand relationships with banks and fintechs, allowing the company to capture more value beyond traditional card payments. Will Pismo-DPS Help Visa Capture More of the Banking Value Chain?
• Neutral Sentiment: AI payments opportunity: Investment commentary identifies Visa as a potential beneficiary of AI-enabled commerce and payments, but the opportunity remains longer term and is not yet tied to specific financial guidance. Why Visa Could Be a Major Winner in the AI Payments Boom
• Negative Sentiment: Relative earnings reaction: Although Visa beat estimates, its stock initially underperformed Mastercard after results because investors appeared to view Mastercard’s accompanying growth catalysts more favorably. This suggests expectations for Visa are elevated and may limit the immediate benefit of another earnings beat. Visa vs. Mastercard: Same Strong Spending Story, Very Different Stock Reactions

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.