Parallel Advisors LLC boosted its stake in Visa Inc. (NYSE:V – Free Report) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,825 shares of the credit-card processor’s stock after purchasing an additional 4,090 shares during the period. Parallel Advisors LLC’s holdings in Visa were worth $30,839,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of V. Flagship Wealth Advisors LLC increased its holdings in Visa by 2.4% during the third quarter. Flagship Wealth Advisors LLC now owns 1,740 shares of the credit-card processor’s stock valued at $625,000 after buying an additional 40 shares during the last quarter. United Advisor Group LLC raised its holdings in Visa by 14.2% in the 3rd quarter. United Advisor Group LLC now owns 10,441 shares of the credit-card processor’s stock worth $3,752,000 after purchasing an additional 1,298 shares during the period. Plancorp LLC lifted its position in Visa by 14.2% during the third quarter. Plancorp LLC now owns 5,620 shares of the credit-card processor’s stock valued at $2,019,000 after purchasing an additional 698 shares in the last quarter. May Hill Capital LLC grew its holdings in Visa by 8.9% during the third quarter. May Hill Capital LLC now owns 3,896 shares of the credit-card processor’s stock valued at $1,400,000 after purchasing an additional 318 shares during the period. Finally, Ashton Thomas Private Wealth LLC increased its position in Visa by 5.3% in the third quarter. Ashton Thomas Private Wealth LLC now owns 60,308 shares of the credit-card processor’s stock worth $21,670,000 after buying an additional 3,035 shares in the last quarter. 82.15% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $367.87, for a total value of $2,161,236.25. Following the completion of the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,582,059.38. This trade represents a 27.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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 business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $381.35, for a total value of $773,377.80. Following the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at $7,018,365.40. This trade represents a 9.93% 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. In the last quarter, insiders sold 27,395 shares of company stock valued at $10,406,050. Company insiders own 0.12% of the company’s stock.
Visa Price Performance
V stock traded up $0.17 during mid-day trading on Friday, hitting $422.76. The company had a trading volume of 9,219,148 shares, compared to its average volume of 6,437,748. The company has a 50-day moving average price of $385.86 and a 200 day moving average price of $344.69. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $442.23. The company has a market capitalization of $754.39 billion, a price-to-earnings ratio of 34.29, a P/E/G ratio of 1.81 and a beta of 0.80. 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 (NYSE:V – Get Free Report) last posted its earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. The company had revenue of $12.14 billion for the quarter, compared to the consensus estimate of $12.09 billion. Visa had a return on equity of 70.50% and a net margin of 51.20%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.98 earnings per share. On average, research analysts anticipate that Visa Inc. will post 15.02 earnings per share for the current year.
Visa Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be issued a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Visa’s previous quarterly dividend of $0.67. Visa’s payout ratio is 21.74%.
Analyst Ratings Changes
A number of research analysts have recently weighed in on V shares. The Goldman Sachs Group lifted their price objective on Visa from $420.00 to $438.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Argus increased their price objective on shares of Visa from $396.00 to $420.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. DZ Bank restated a “buy” rating on shares of Visa in a research report on Monday, August 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $471.00 price target (up from $416.00) on shares of Visa in a research note on Wednesday, October 28th. Finally, BMO Capital Markets set a $438.00 price objective on Visa and gave the company an “outperform” rating in a research report on Wednesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $440.82.
Read Our Latest Stock Analysis on Visa
Trending Headlines about Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its dividend by 16%. Truist also raised its price target to $470 and maintained a Buy rating, signaling analyst confidence in further upside. Visa earnings and dividend report Truist price target report
- Positive Sentiment: Visa is building six technology hubs in Singapore focused on AI, cybersecurity, and next-generation payments. The investment could strengthen its capabilities and support future commerce growth. Singapore technology hubs
- Neutral Sentiment: Visa launched an AI-shopping benchmark, highlighting potential opportunities in agentic commerce while noting that many test runs failed—evidence the technology is still developing. AI shopping benchmark announcement
- Negative Sentiment: Analysts have flagged rising client incentives and Visa’s premium valuation as risks that could constrain the case for buying the stock despite strong results. Zacks analysis of incentives and valuation
- Negative Sentiment: Gnosis Pay, a crypto-card provider that uses Visa, disclosed exposure of customers’ payment and personal data. The report says customer funds were safe; the incident was at Gnosis Pay’s legacy system, not Visa’s own platform, though it may raise broader questions about payment security. Gnosis Pay breach report
Visa Company Profile
Visa Inc operates a global payments network that connects consumers, merchants, financial institutions and governments. Its network supports the authorization, clearing and settlement of electronic payments, including transactions made in person and online.
The company’s services include payment processing, fraud prevention, identity and risk management, and money-transfer solutions such as Visa Direct. Visa-branded credit, debit and prepaid cards are issued by participating financial institutions; Visa generally provides the network and related services rather than issuing cards or extending credit directly to consumers.
Visa traces its roots to BankAmericard, a bank card program launched in California in 1958.
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