Intech Investment Management LLC Has $18.96 Million Holdings in Visa Inc. $V

Key Points

• Intech Investment Management reduced its Visa stake by 25.7% in the fourth quarter, selling 18,718 shares and leaving it with 54,056 shares valued at about $18.96 million.
• Visa reported strong quarterly results, with EPS of $3.31 beating estimates and revenue of $11.23 billion topping forecasts, while revenue rose 17.1% year over year.
• The company also announced a quarterly dividend of $0.67 per share and a new $20 billion share repurchase program, even as analysts remained broadly bullish with a consensus Buy rating.

Intech Investment Management LLC lessened its position in shares of Visa Inc. (NYSE:V - Free Report) by 25.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,056 shares of the credit-card processor's stock after selling 18,718 shares during the period. Intech Investment Management LLC's holdings in Visa were worth $18,958,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of V. Corient Private Wealth LLC lifted its stake in shares of Visa by 110.4% in the 2nd quarter. Corient Private Wealth LLC now owns 3,954,937 shares of the credit-card processor's stock valued at $1,396,930,000 after purchasing an additional 2,075,289 shares during the period. Holocene Advisors LP boosted its holdings in shares of Visa by 286.4% during the 3rd quarter. Holocene Advisors LP now owns 2,526,026 shares of the credit-card processor's stock worth $862,335,000 after buying an additional 1,872,362 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Visa by 121.7% during the 4th quarter. SG Americas Securities LLC now owns 3,022,411 shares of the credit-card processor's stock worth $1,059,990,000 after buying an additional 1,658,954 shares during the period. Danske Bank A S bought a new stake in shares of Visa in the 3rd quarter valued at $565,684,000. Finally, Capital Research Global Investors boosted its stake in Visa by 73.4% during the third quarter. Capital Research Global Investors now owns 3,197,405 shares of the credit-card processor's stock worth $1,091,528,000 after acquiring an additional 1,353,441 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on V shares. Truist Financial set a $371.00 price target on shares of Visa and gave the company a "buy" rating in a research note on Tuesday, May 12th. Raymond James Financial restated an "outperform" rating and issued a $389.00 target price on shares of Visa in a research note on Wednesday, April 29th. TD Cowen reaffirmed a "buy" rating on shares of Visa in a research note on Friday, January 30th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $395.00 price target on shares of Visa in a report on Friday, January 30th. Finally, UBS Group upped 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. Six investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $386.70.

Visa Trading Down 0.9%

NYSE V opened at $324.77 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.64. The business has a fifty day simple moving average of $314.30 and a 200 day simple moving average of $325.03. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $375.51. The firm has a market capitalization of $582.56 billion, a P/E ratio of 28.29, a PEG ratio of 1.75 and a beta of 0.78.

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

Visa Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend 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 has initiated a share repurchase 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 reacquire up to 3.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

Insider Activity

In other Visa news, Director Lloyd Carney sold 650 shares of the business's stock in a transaction 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 transaction, the director owned 2,679 shares of the company's stock, valued at approximately $829,471.98. The trade was a 19.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 of the company's stock, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,744 shares of company stock valued at $14,356,010 over the last three months. Corporate insiders own 0.12% of the company's stock.

Key Stories Impacting Visa

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?

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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