10,684 Visa Inc. $V Shares Acquired by Americana Partners LLC

Key Points

• Americana Partners increased its Visa stake by 12% in the third quarter, purchasing 10,684 shares to own 99,673 shares valued at approximately $35.8 million.
• Institutional investors and hedge funds own 82.15% of Visa’s outstanding shares, while company insiders own just 0.12% and have sold $7.96 million worth of stock over the past 90 days.
• Visa reported quarterly revenue of $12.14 billion and adjusted earnings of $3.48 per share, beating estimates, and raised its quarterly dividend to $0.78 per share. Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and an average price target of $438.41.

Americana Partners LLC boosted its stake in shares of Visa Inc. (NYSE:V - Free Report) by 12.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,673 shares of the credit-card processor's stock after purchasing an additional 10,684 shares during the quarter. Americana Partners LLC's holdings in Visa were worth $35,815,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of V. XXEC Inc. lifted its stake in shares of Visa by 153,118.8% during the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor's stock worth $63,904,097,000 after buying an additional 186,138,883 shares during the last quarter. Jupiter Topco LLC acquired a new position in Visa in the 2nd quarter valued at about $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in 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 valued at $5,393,398,000 after buying an additional 1,808,496 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Visa by 33.1% in the 1st quarter. Janus Henderson Group PLC now owns 4,486,927 shares of the credit-card processor's stock valued at $1,356,090,000 after acquiring an additional 1,116,498 shares during the period. Finally, Amundi raised its holdings in Visa by 16.5% in the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor's stock valued at $2,646,911,000 after acquiring an additional 1,092,315 shares during the period. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Visa

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at $5,582,059.38. The trade was 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 link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the company's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the sale, the general counsel owned 18,404 shares of the company's stock, valued at $7,018,365.40. The trade was 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. Over the last 90 days, insiders have sold 21,520 shares of company stock valued at $7,960,757. Company insiders own 0.12% of the company's stock.

Visa Trading Up 0.8%

Shares of Visa stock opened at $413.69 on Friday. 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 12-month low of $293.89 and a 12-month high of $417.00. The company has a market capitalization of $738.20 billion, a price-to-earnings ratio of 33.55, a PEG ratio of 1.93 and a beta of 0.77. The firm's 50-day moving average price is $381.31 and its two-hundred day moving average price is $342.25.

Visa (NYSE:V - Get Free Report) last issued its earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 EPS 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 company had revenue of $12.14 billion during the quarter, compared to analysts' expectations of $12.09 billion. During the same period in the previous year, the company earned $2.98 EPS. The business's revenue for the quarter was up 13.2% compared to the same quarter last year. On average, analysts forecast that Visa Inc. will post 15.03 earnings per share for the current fiscal year.

Visa Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Visa's previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, November 10th. Visa's payout ratio is 21.74%.

Visa News Roundup

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?

Wall Street Analyst Weigh In

Several brokerages have issued reports on V. Clear Str upgraded shares of Visa to a "strong-buy" rating in a research report on Thursday, July 16th. The Goldman Sachs Group increased their target price on Visa from $420.00 to $438.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Citigroup reissued a "buy" rating and set a $440.00 price target (up from $400.00) on shares of Visa in a report on Wednesday, July 29th. Daiwa Securities Group upped their price objective on Visa from $375.00 to $422.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Finally, Evercore set a $405.00 price objective on Visa in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the company. Based on data from MarketBeat.com, Visa has a consensus rating of "Buy" and an average price target of $438.41.

About Visa

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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