Abel Hall LLC Increases Stock Holdings in Visa Inc. $V

Key Points

• Abel Hall LLC increased its Visa stake by 126% in the first quarter, owning 5,554 shares valued at about $1.68 million after adding 3,096 shares.
• Visa reported better-than-expected quarterly results, with EPS of $3.31 versus the $3.10 estimate and revenue of $11.23 billion, up 17.1% year over year.
• The company’s board authorized a $20 billion stock buyback and Visa also paid a quarterly dividend of $0.67 per share, signaling continued shareholder returns.

Abel Hall LLC increased its stake in Visa Inc. (NYSE:V - Free Report) by 126.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,554 shares of the credit-card processor's stock after acquiring an additional 3,096 shares during the quarter. Abel Hall LLC's holdings in Visa were worth $1,679,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in V. Brighton Jones LLC increased its position in shares of Visa by 50.1% during the fourth quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor's stock worth $6,522,000 after purchasing an additional 6,883 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Visa by 68.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor's stock worth $3,733,000 after purchasing an additional 4,817 shares during the last quarter. Nicholas Hoffman & Company LLC. grew its holdings in shares of Visa by 4.6% during the first quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor's stock worth $3,834,000 after buying an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY raised its position in shares of Visa by 16.9% in the second quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor's stock valued at $402,000 after buying an additional 164 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Visa by 13.8% in the second quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor's stock worth $6,521,000 after buying an additional 2,230 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa’s stablecoin analytics showed record June transaction volume of $1.79 trillion, highlighting rising on-chain payment activity and reinforcing Visa’s role in digital payments infrastructure. Stablecoin transaction volume hits record $1.79T in June
• Positive Sentiment: Juniper Research said network tokenisation is set to secure 2.4 trillion global transactions from 2026 to 2030, which supports the long-term case for Visa’s fraud-reduction and tokenization services. Network Tokenisation to Secure 2.4 Trillion Global Transactions Between 2026 and 2030
• Positive Sentiment: Zacks published a bullish note saying Visa appears poised to beat earnings estimates again, which can help sentiment ahead of the next quarterly report. Why Visa (V) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Another Zacks article called Visa a top long-term stock, reinforcing the bullish view that the company remains a durable compounder. Why Visa (V) is a Top Stock for the Long-Term
• Neutral Sentiment: A Seeking Alpha piece described Visa as fundamentally robust but said it may be better to wait for a lower entry point, which is constructive but not a near-term catalyst. Visa Is Fundamentally Robust, But I'll Wait For Better Entry Points
• Negative Sentiment: Visa General Counsel Julie B. Rottenberg sold 2,027 shares in a pre-arranged Rule 10b5-1 plan, which may slightly weigh on sentiment even though the sale was disclosed and automated. Visa Inc. Stock News

Visa Stock Down 1.4%

Shares of NYSE V opened at $357.22 on Tuesday. The company has a market capitalization of $640.77 billion, a P/E ratio of 31.12, a P/E/G ratio of 1.93 and a beta of 0.75. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09. The company has a 50 day simple moving average of $327.17 and a 200-day simple moving average of $324.74. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $365.02.

Visa (NYSE:V - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.21. The company had revenue of $11.23 billion during the quarter, compared to analyst estimates 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 period in the prior year, the business posted $2.76 earnings per share. On average, equities research analysts predict that Visa Inc. will post 13.1 earnings per share for the current year.

Visa declared that its board has approved a stock buyback program on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in shares. This buyback authorization authorizes the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Visa Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 12th. Visa's dividend payout ratio (DPR) is presently 23.34%.

Insider Buying and Selling at Visa

In related news, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company's stock, valued at approximately $5,161,284.36. This trade represents a 67.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the firm's stock in a transaction on Thursday, July 2nd. The stock was 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 represents a 9.92% 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. Insiders have sold 75,581 shares of company stock valued at $25,627,975 over the last 90 days. 0.12% of the stock is owned by insiders.

Wall Street Analyst Weigh In

V has been the subject of several research reports. Evercore set a $350.00 price objective on shares of Visa in a research note on Wednesday, April 29th. Citigroup decreased their target price on shares of Visa from $450.00 to $400.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Cantor Fitzgerald restated an "overweight" rating and issued a $400.00 price target on shares of Visa in a research report on Wednesday, April 29th. Truist Financial set a $371.00 price target on Visa and gave the company a "buy" rating in a report on Tuesday, May 12th. Finally, Piper Sandler began coverage on Visa in a research report on Monday, June 29th. They set an "overweight" rating and a $394.00 price objective on the stock. Six equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Visa presently has a consensus rating of "Buy" and an average price target of $397.39.

Visa Company 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.

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