Crossmark Global Holdings Inc. Buys 4,606 Shares of Visa Inc. $V

Key Points

• Crossmark Global Holdings boosted its Visa stake by 2.2% in the fourth quarter, buying 4,606 additional shares and bringing its total holding to 212,710 shares valued at about $74.6 million.
• Visa reported strong quarterly results, posting $3.31 EPS versus estimates of $3.10 and revenue of $11.23 billion, with revenue up 17.1% year over year.
• The company also announced a quarterly dividend of $0.67 per share and a new $20 billion stock buyback program, signaling continued shareholder returns and confidence in the stock.

Crossmark Global Holdings Inc. increased its stake in Visa Inc. (NYSE:V - Free Report) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 212,710 shares of the credit-card processor's stock after acquiring an additional 4,606 shares during the quarter. Visa comprises 1.1% of Crossmark Global Holdings Inc.'s holdings, making the stock its 11th largest holding. Crossmark Global Holdings Inc.'s holdings in Visa were worth $74,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of V. Clayton Financial Group LLC lifted its position in shares of Visa by 446.2% during the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor's stock valued at $25,000 after acquiring an additional 58 shares during the period. PayPay Securities Corp increased its holdings in Visa by 102.7% during the 4th quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor's stock worth $26,000 after purchasing an additional 38 shares in the last quarter. Cresta Advisors Ltd. bought a new stake in Visa during the fourth quarter worth $26,000. Parvin Asset Management LLC raised its holdings in shares of Visa by 200.0% in the third 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 during the last quarter. Finally, Dorato Capital Management purchased a new stake in Visa in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 82.15% of the company's stock.

Visa Trading Down 0.8%

Shares of V stock opened at $318.66 on Friday. The stock has a market capitalization of $578.43 billion, a price-to-earnings ratio of 27.76, a PEG ratio of 1.72 and a beta of 0.78. The company's fifty day simple moving average is $310.67 and its two-hundred day simple moving average is $326.72. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $375.51. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09.

Visa (NYSE:V - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, topping analysts' consensus estimates of $3.10 by $0.21. The firm 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 business's revenue for the quarter was up 17.1% on a year-over-year basis. During the same period last year, the company earned $2.76 earnings per share. As a group, analysts anticipate that Visa Inc. will post 13.08 earnings per share for the current year.

Visa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be paid a $0.67 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $2.68 annualized dividend and a yield of 0.8%. Visa's dividend payout ratio (DPR) is currently 23.34%.

Visa declared that its board has initiated a stock buyback plan on Tuesday, April 28th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are undervalued.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa just reported its strongest revenue growth since 2022, reinforcing that consumer and cross-border spending trends remain healthy and supporting the case that the stock deserves a premium valuation. Article Title
• Positive Sentiment: Multiple brokerages, including Erste Group Bank and Zacks Research, raised Visa earnings estimates for FY2026, FY2027, and FY2028, signaling confidence that profit growth can stay strong over the next several years.
• Positive Sentiment: Visa is also advancing its stablecoin strategy, including pilot projects tied to settlement and payment rails, which may strengthen its role in next-generation digital payments. Article Title
• Positive Sentiment: News that Exodus launched an AI-agent focused stablecoin on Solana using Visa payment rails highlights growing third-party use cases for Visa’s network in emerging fintech and AI-driven payments. Article Title
• Neutral Sentiment: Coverage around card-issuing and processing solutions, as well as travel-credit-card rankings, is supportive of the broader payments ecosystem but does not materially change Visa’s near-term earnings outlook. Article Title
• Negative Sentiment: One analyst note trimmed a few near-term quarterly EPS estimates, which could temper expectations for some upcoming periods even though the longer-term forecast trend remains positive.

Wall Street Analyst Weigh In

V has been the topic of a number of research analyst reports. Truist Financial dropped their target price on shares of Visa from $372.00 to $361.00 and set a "buy" rating on the stock in a research note on Friday, April 24th. UBS Group raised their target price on Visa from $390.00 to $410.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. TD Cowen restated a "buy" rating on shares of Visa in a research note on Friday, January 30th. Royal Bank Of Canada reiterated an "outperform" rating and set a $395.00 price target on shares of Visa in a research note on Friday, January 30th. Finally, BMO Capital Markets assumed coverage on Visa in a research note on Tuesday, April 21st. They issued an "outperform" rating and a $365.00 price objective on the stock. Six research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $387.25.

Insider Transactions at Visa

In related news, CEO Ryan Mcinerney sold 31,455 shares of the company's stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at approximately $5,161,284.36. The trade was a 67.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lloyd Carney sold 650 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total value of $201,253.00. Following the completion of the sale, the director directly owned 2,679 shares of the company's stock, valued at approximately $829,471.98. This represents a 19.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is owned by insiders.

About Visa

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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