DSM Capital Partners LLC Sells 21,982 Shares of Visa Inc. $V

Key Points

• DSM Capital Partners reduced its Visa stake by 4.6% in the first quarter, selling 21,982 shares and leaving it with 455,389 shares worth about $137.6 million. Visa still remains one of the fund’s larger holdings, accounting for roughly 2.4% of its portfolio.
• Wall Street remains bullish on Visa, with several analysts issuing price targets between $350 and $415. The stock currently carries a consensus Buy rating and an average price target of $397.91.
• Visa reported strong quarterly results, posting $3.31 EPS and $11.23 billion in revenue, both ahead of expectations. The company also pays a quarterly dividend and recently authorized a $20 billion share buyback program.

DSM Capital Partners LLC cut its holdings in Visa Inc. (NYSE:V - Free Report) by 4.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 455,389 shares of the credit-card processor's stock after selling 21,982 shares during the period. Visa makes up approximately 2.4% of DSM Capital Partners LLC's investment portfolio, making the stock its 11th largest position. DSM Capital Partners LLC's holdings in Visa were worth $137,637,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Norges Bank acquired a new position in Visa in the 4th quarter valued at $5,877,738,000. Cardano Risk Management B.V. grew its holdings in shares of Visa by 867.6% during the 4th quarter. Cardano Risk Management B.V. now owns 8,213,610 shares of the credit-card processor's stock worth $2,880,595,000 after purchasing an additional 7,364,762 shares in the last quarter. Diamant Asset Management Inc. grew its holdings in shares of Visa by 29,706.3% during the 1st quarter. Diamant Asset Management Inc. now owns 7,332,947 shares of the credit-card processor's stock worth $2,216,310,000 after purchasing an additional 7,308,345 shares in the last quarter. J. Stern & Co. LLP increased its position in shares of Visa by 12,497.1% in the fourth quarter. J. Stern & Co. LLP now owns 3,378,039 shares of the credit-card processor's stock worth $1,184,712,000 after purchasing an additional 3,351,223 shares during the period. Finally, Victory Capital Management Inc. increased its position in shares of Visa by 48.2% in the fourth quarter. Victory Capital Management Inc. now owns 6,508,089 shares of the credit-card processor's stock worth $2,282,472,000 after purchasing an additional 2,116,463 shares during the period. 82.15% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on V. Evercore set a $350.00 price objective on shares of Visa in a research report on Wednesday, April 29th. Cantor Fitzgerald reissued an "overweight" rating and issued a $400.00 target price on shares of Visa in a report on Wednesday, April 29th. UBS Group boosted their target price on shares of Visa from $390.00 to $410.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Morgan Stanley reissued an "overweight" rating and issued a $415.00 price objective on shares of Visa in a research note on Wednesday, April 29th. Finally, Truist Financial set a $371.00 price objective on shares of Visa and gave the company a "buy" rating in a research report on Tuesday, May 12th. Six investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $397.91.

Visa Stock Performance

Visa stock opened at $347.66 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. The stock has a market cap of $623.62 billion, a PE ratio of 30.28, a P/E/G ratio of 1.88 and a beta of 0.75. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $365.02. The business's 50-day moving average price is $329.75 and its two-hundred day moving average price is $324.89.

Visa (NYSE:V - Get Free Report) last posted its 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. Visa had a net margin of 51.68% and a return on equity of 65.00%. The firm had revenue of $11.23 billion during the quarter, compared to analysts' expectations of $10.75 billion. During the same quarter in the prior year, the business earned $2.76 earnings per share. The business's revenue for the quarter was up 17.1% compared to the same quarter last year. As a group, analysts expect that Visa Inc. will post 13.1 earnings per share for the current fiscal year.

Visa Dividend Announcement

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

Visa announced that its board has authorized a stock buyback program on Tuesday, April 28th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the credit-card processor to repurchase up to 3.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa continues to benefit from bullish coverage around its multi-rail payments strategy, which expands beyond cards into faster transfers, AI-driven commerce, and digital currency support. That keeps the long-term growth story intact. Article: Can Visa's Multi-Rail Payments Strategy Drive Long-Term Growth?
• Positive Sentiment: New use cases for Visa cards are still emerging, including Givebutter’s rollout of built-in Visa spend cards for nonprofit fundraising and operations, which supports network usage and transaction volume. Article: Givebutter Becomes the First Fundraising and CRM Platform to Offer Built-In Visa Spend Cards
• Positive Sentiment: Visa is also being highlighted as a beneficiary of broader cashless-commerce trends, with analysts saying the company remains a key winner as mobile and digital payments accelerate. Article: Top Mobile Payments Stocks to Buy as Cashless Commerce Accelerates
• Neutral Sentiment: Several articles framed Visa as a strong long-term business or discussed valuation, but these were mostly analysis pieces rather than fresh catalysts for the stock. Article: Visa: A Strong Player in a Disruptive Payments Landscape
• Neutral Sentiment: Visa also announced it will report fiscal third-quarter results on July 28, which sets up a key near-term event but does not change fundamentals yet. Article: Visa to Announce Fiscal Third Quarter 2026 Financial Results on July 28, 2026
• Negative Sentiment: Sentiment is being held back by Visa shares declining more than the broader market in recent trading, suggesting investors are locking in gains or rotating out of the stock. Article: Visa (V) Declines More Than Market: Some Information for Investors
• Negative Sentiment: Investors are also digesting a pre-arranged insider sale by General Counsel Julie Rottenberg, which can modestly weigh on sentiment even if it was not discretionary. Article: Julie Rottenberg Sells 2,027 Shares of Visa NYSE: V Stock

Insiders Place Their Bets

In other news, General Counsel Julie B. Rottenberg sold 2,027 shares of the 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 completion of the transaction, the general counsel directly owned 18,404 shares in the company, valued at approximately $6,625,440. This represents a 9.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the firm'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 sale, the chief financial officer directly owned 9,872 shares in the company, valued at approximately $3,206,524.32. This trade represents a 51.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 75,581 shares of company stock valued at $25,627,975. 0.12% of the stock is currently owned by insiders.

Visa 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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