Clal Insurance Enterprises Holdings Ltd Lowers Position in Visa Inc. $V

Key Points

• Clal Insurance Enterprises Holdings Ltd cut its Visa stake by 26% in the fourth quarter, though it still held 162,184 shares worth about $56.9 million.
• Visa reported strong quarterly results, with EPS of $3.31 and revenue of $11.23 billion, both ahead of analyst expectations. Revenue also rose 17.1% year over year.
• The company’s board authorized a $20 billion share repurchase program, and Visa also paid a quarterly dividend of $0.67 per share for an annualized yield of about 0.8%.

Clal Insurance Enterprises Holdings Ltd lessened its stake in Visa Inc. (NYSE:V - Free Report) by 26.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 162,184 shares of the credit-card processor's stock after selling 57,016 shares during the period. Clal Insurance Enterprises Holdings Ltd's holdings in Visa were worth $56,880,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in V. Brighton Jones LLC grew its stake in shares of Visa by 50.1% in the fourth quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor's stock worth $6,522,000 after acquiring an additional 6,883 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Visa by 68.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor's stock worth $3,733,000 after acquiring an additional 4,817 shares in the last quarter. Nicholas Hoffman & Company LLC. grew its stake in shares of Visa by 4.6% in the first quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor's stock worth $3,834,000 after acquiring an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY grew its stake 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 worth $402,000 after acquiring an additional 164 shares in the last quarter. Finally, Schnieders Capital Management LLC. grew 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 acquiring an additional 2,230 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company's stock.

Insiders Place Their Bets

In related news, CFO Chris Suh sold 10,639 shares of the business's stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the sale, the chief financial officer directly owned 9,872 shares of the company's stock, valued at $3,206,524.32. The trade was a 51.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Ryan Mcinerney sold 31,455 shares of the business's stock in a transaction 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 sale, the chief executive officer directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Raymond James Financial restated an "outperform" rating and issued a $389.00 price target on shares of Visa in a research note on Wednesday, April 29th. UBS Group boosted their target price on shares of Visa from $390.00 to $410.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. Truist Financial set a $371.00 price target on Visa and gave the company a "buy" rating in a research note on Tuesday, May 12th. Loop Capital started coverage on Visa in a report on Tuesday, March 31st. They set a "buy" rating and a $387.00 price target for the company. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $400.00 price target on shares of Visa in a report on Wednesday, April 29th. Six investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $387.78.

Visa Stock Up 0.9%

Shares of NYSE V opened at $321.98 on Friday. The company has a market capitalization of $577.56 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 1.70 and a beta of 0.77. 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 business has a 50-day moving average of $318.69 and a two-hundred day moving average of $324.40. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $363.01.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The company had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. During the same period in the previous year, the business earned $2.76 EPS. Visa's revenue for the quarter was up 17.1% on a year-over-year basis. On average, analysts forecast that Visa Inc. will post 13.09 earnings per share for the current fiscal year.

Visa announced that its Board of Directors has authorized a share 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 typically an indication that the company's board of directors believes its shares are undervalued.

Visa Dividend Announcement

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

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa unveiled a major partnership with OpenAI to embed its payment network into ChatGPT, allowing AI agents to shop and complete purchases with user permission. This positions Visa to stay central to the next phase of digital commerce and could open a new payment channel. Visa Partners with OpenAI to Power the Next Generation of AI Commerce
• Positive Sentiment: Visa also announced new AI, tokenization, and stablecoin settlement tools for programmable commerce, signaling that management is investing to defend its competitive moat and adapt to faster-moving payment rails. Visa Launches AI and Stablecoin Tools to Power Agentic Commerce
• Positive Sentiment: Several recent commentary pieces highlight Visa’s earnings growth, balance-sheet strength, and its expanding role in AI-driven commerce, which may be reinforcing investor confidence in the stock. Earnings Growth & Price Strength Make Visa (V) a Stock to Watch
• Neutral Sentiment: One report noted that Cuba’s central bank will suspend all Visa and Mastercard transactions after a processing partnership collapsed due to U.S. sanctions. The direct financial impact appears limited, but it is a reminder of Visa’s exposure to geopolitical and sanctions-related disruptions. Cuba’s Central Bank to Suspend all Visa (V) and Mastercard Transactions
• Negative Sentiment: Investor concern also surfaced around stablecoins, with Bill Gurley saying Visa and Mastercard are “heavily threatened” by them. That reinforces the market’s view that next-generation payment technologies could pressure long-term card network economics if adoption accelerates. Bill Gurley says Visa, and Mastercard are “heavily threatened” by stablecoins

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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