Jupiter Topco LLC Invests $1.44 Billion in Visa Inc. $V

Key Points

• Jupiter Topco LLC acquired 4.18 million Visa shares during the second quarter, worth approximately $1.44 billion and representing about 0.23% of the company. Institutional investors collectively own 82.15% of Visa.
• Visa reported quarterly revenue of $11.63 billion, up 14.4% year over year, and EPS of $3.32, exceeding analyst expectations. The board also authorized a $20 billion share-repurchase program, while the company declared a quarterly dividend of $0.67 per share.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $414.54. Visa shares opened at $383.44, near their 52-week high, amid healthy spending trends and ongoing expansion in payment-security and digital-payment services.

Jupiter Topco LLC acquired a new stake in Visa Inc. (NYSE:V - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,183,906 shares of the credit-card processor's stock, valued at approximately $1,435,262,000. Jupiter Topco LLC owned approximately 0.23% of Visa at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. XXEC Inc. increased its position in Visa by 153,118.8% during the second quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor's stock worth $63,904,097,000 after buying an additional 186,138,883 shares during the last quarter. Norges Bank acquired a new stake in shares of Visa in the fourth quarter valued at approximately $5,877,738,000. Cardano Risk Management B.V. lifted its position in shares of Visa by 867.6% in the fourth quarter. Cardano Risk Management B.V. now owns 8,213,610 shares of the credit-card processor's stock valued at $2,880,595,000 after buying an additional 7,364,762 shares during the last quarter. Diamant Asset Management Inc. boosted its stake 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 acquiring an additional 7,308,345 shares during the period. Finally, J. Stern & Co. LLP boosted its stake in shares of Visa by 12,497.1% during the 4th quarter. J. Stern & Co. LLP now owns 3,378,039 shares of the credit-card processor's stock worth $1,184,712,000 after acquiring an additional 3,351,223 shares during the period. Institutional investors own 82.15% of the company's stock.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa and Mastercard reached fresh records as aggregate U.S. spending remained healthy, despite consumers becoming more selective. Strong payment volumes support Visa’s transaction growth and fee revenue. Visa and Mastercard shares hit fresh records, underscoring a resilient U.S. consumer
• Positive Sentiment: Visa launched a card-present acceptance offering with Bluefin, combining Visa’s global network with Bluefin’s payment-security infrastructure. The partnership could strengthen Visa’s enterprise merchant proposition and support future payment volumes. Visa and Bluefin Introduce Card-Present Acceptance Offering
• Positive Sentiment: European fintech provider payabl. expanded its relationship with Visa to offer Rapid Dispute Resolution tools to merchants in the UK and EU. Automatic dispute resolution may reduce chargebacks and improve merchant retention, reinforcing Visa’s value-added services. payabl. Teams Up with Visa to Help Merchants Quickly Resolve Disputes and Prevent Costly Chargebacks
• Positive Sentiment: Visa joined Singapore’s BLOOM initiative, which aims to connect traditional payment systems with stablecoin settlement networks. The move supports Visa’s positioning in emerging cross-border and digital-payment infrastructure. Visa Joins MAS-Led BLOOM Initiative
• Positive Sentiment: A financial disclosure showed purchases of Visa shares by accounts associated with President Donald Trump, generating additional market attention and perceived confidence in the company. Visa Stock Climbs After Trump Buys Millions in Stock
• Neutral Sentiment: CEO Ryan McInerney will speak at the Goldman Sachs Communacopia + Technology Conference on September 8. Investors may look for updates on spending trends, stablecoins and regulation, but no new guidance was announced. Visa to Participate in Upcoming Investor Conference
• Negative Sentiment: CEO Ryan McInerney sold 5,875 Visa shares worth approximately $2.16 million, reducing his direct ownership by 27.9%. Because the transaction occurred under a pre-arranged Rule 10b5-1 plan, the signal is limited, but insider selling could still attract some investor scrutiny.

Visa Stock Performance

NYSE:V opened at $383.44 on Wednesday. The stock has a fifty day moving average price of $355.90 and a 200-day moving average price of $330.36. The company has a market cap of $684.23 billion, a price-to-earnings ratio of 32.61, a PEG ratio of 2.05 and a beta of 0.74. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $384.20.

Visa (NYSE:V - Get Free Report) last released its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. During the same period in the prior year, the firm posted $2.98 EPS. Visa's quarterly revenue was up 14.4% on a year-over-year basis. As a group, equities analysts anticipate that Visa Inc. will post 13.16 EPS for the current fiscal year.

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

Visa Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa's dividend payout ratio is presently 22.79%.

Insiders Place Their Bets

In other Visa news, insider Tullier Kelly Mahon sold 57,272 shares of the firm's stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $364.97, for a total value of $20,902,561.84. Following the transaction, the insider directly owned 49,662 shares of the company's stock, valued at $18,125,140.14. This trade represents a 53.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Mcinerney sold 5,875 shares of the business's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company's stock, valued at $5,582,059.38. The trade was a 27.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 96,634 shares of company stock worth $34,537,016 over the last ninety days. Corporate insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on V shares. Piper Sandler reissued an "overweight" rating and set a $430.00 target price (up from $394.00) on shares of Visa in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $430.00 price objective on shares of Visa in a research report on Wednesday, July 29th. Morgan Stanley reiterated an "overweight" rating and issued a $416.00 price objective on shares of Visa in a report on Wednesday, July 29th. TD Cowen reissued a "buy" rating on shares of Visa in a research report on Wednesday, July 29th. Finally, Wolfe Research restated an "outperform" rating and set a $460.00 target price (up from $435.00) on shares of Visa in a research note on Tuesday. Seven equities research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $414.54.

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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