Ilmarinen Mutual Pension Insurance Co Buys 18,600 Shares of Visa Inc. $V

Key Points

• Ilmarinen Mutual Pension Insurance Co increased its Visa stake by 5.9% in the fourth quarter, buying 18,600 more shares and bringing its total to 336,260 shares valued at about $117.9 million.
• Visa reported strong quarterly results, with earnings of $3.31 per share and revenue of $11.23 billion, both beating Wall Street estimates and marking 17.1% year-over-year revenue growth.
• The company also announced a $20 billion share buyback and a quarterly dividend of $0.67 per share, while analysts largely remain bullish with an average rating of Buy and a target price near $386.70.

Ilmarinen Mutual Pension Insurance Co lifted its stake in Visa Inc. (NYSE:V - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 336,260 shares of the credit-card processor's stock after acquiring an additional 18,600 shares during the period. Visa accounts for 0.9% of Ilmarinen Mutual Pension Insurance Co's portfolio, making the stock its 14th largest position. Ilmarinen Mutual Pension Insurance Co's holdings in Visa were worth $117,930,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Invariant Investment Management acquired a new position in shares of Visa in the 4th quarter valued at about $969,000. Vanguard Group Inc. grew its holdings in Visa by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor's stock worth $56,455,834,000 after acquiring an additional 1,054,343 shares during the period. Federated Hermes Inc. raised its position in Visa by 24.1% during the third quarter. Federated Hermes Inc. now owns 823,262 shares of the credit-card processor's stock valued at $281,045,000 after acquiring an additional 159,906 shares in the last quarter. Mawer Investment Management Ltd. raised its position in Visa by 11.3% during the third quarter. Mawer Investment Management Ltd. now owns 2,352,766 shares of the credit-card processor's stock valued at $803,187,000 after acquiring an additional 238,872 shares in the last quarter. Finally, Swiss Life Asset Management Ltd boosted its position in Visa by 4.7% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 527,530 shares of the credit-card processor's stock worth $180,088,000 after purchasing an additional 23,863 shares in the last quarter. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa is expanding its commercial payments footprint through a new integration with PingPong, which lets businesses pay suppliers with commercial cards even when merchants do not accept cards, supporting B2B payment growth. Visa Expands Commercial Solutions Hub to Promote Virtual Card Use
• Positive Sentiment: Visa expanded its Commercial Solutions Hub and integrated Visa Accounts Receivable Manager to make virtual card adoption easier for issuers and suppliers, which could lift commercial payment volumes. Visa Expands Commercial Solutions Hub with Integration of Visa Accounts Receivable Manager
• Positive Sentiment: Visa invested in AI coding platform Replit and is exploring embedded payment tools for developers and AI agents, signaling an early push into agentic commerce and new payment use cases. Visa invests in Replit to power agentic payments for developers
• Positive Sentiment: Highnote launched agentic commerce capabilities built with Visa Intelligent Commerce, highlighting growing third-party adoption of Visa’s AI payment infrastructure. Highnote Collaborates with Visa on Agentic Commerce for AI-Initiated Payments
• Neutral Sentiment: Finix announced access to Visa’s Cybersource gateway, which extends Visa’s ecosystem and could support merchant processing volume, but is not a direct near-term earnings driver. Finix Offers Merchants Access to Visa’s Cybersource Gateway
• Neutral Sentiment: Several articles continue to frame Visa as a long-term “tollbooth” on global spending, and analysts remain constructive after the recent earnings beat, but these pieces mostly reinforce the existing bullish thesis rather than changing it. Visa (V) Down 2.2% Since Last Earnings Report: Can It Rebound?
• Negative Sentiment: The main downside pressure appears to be simple post-earnings weakness and profit-taking, as investors reassess Visa after its strong quarterly report rather than reacting to a major business setback. Can Visa's New PingPong Deal Unlock B2B Payment Growth?

Visa Trading Down 0.9%

Shares of NYSE:V opened at $324.77 on Friday. The business's 50 day moving average price is $314.30 and its 200-day moving average price is $325.03. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $375.51. The firm has a market capitalization of $582.56 billion, a price-to-earnings ratio of 28.29, a price-to-earnings-growth ratio of 1.75 and a beta of 0.78. 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 data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, topping analysts' consensus estimates of $3.10 by $0.21. The company had revenue of $11.23 billion during the quarter, compared to analysts' expectations of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The firm's revenue for the quarter was up 17.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.76 earnings per share. On average, equities research analysts forecast that Visa Inc. will post 13.09 earnings per share for the current fiscal year.

Visa Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, May 12th. Visa's payout ratio is presently 23.34%.

Visa announced that its Board of Directors has approved a share buyback plan on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on V shares. Evercore set a $350.00 target price on shares of Visa in a report on Wednesday, April 29th. Macquarie Infrastructure reissued an "outperform" rating and set a $410.00 price target on shares of Visa in a report on Friday, January 30th. Raymond James Financial reaffirmed an "outperform" rating and issued a $389.00 price objective on shares of Visa in a report on Wednesday, April 29th. Weiss Ratings downgraded shares of Visa from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, April 16th. Finally, Loop Capital started coverage on shares of Visa in a research note on Tuesday, March 31st. They set a "buy" rating and a $387.00 target price on the stock. Six research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Visa presently has an average rating of "Buy" and an average target price of $386.70.

Insiders Place Their Bets

In other news, Director Lloyd Carney sold 650 shares of Visa 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 sale, the director directly owned 2,679 shares of the company's stock, valued at $829,471.98. The trade was a 19.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Chris Suh sold 10,639 shares of the business's stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total value of $3,455,653.59. Following the sale, the chief financial officer 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 SEC filing for this sale provides additional information. In the last three months, insiders sold 42,744 shares of company stock worth $14,356,010. Corporate insiders own 0.12% of the company's stock.

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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