Manning & Napier Advisors LLC Grows Position in Visa Inc. $V

Key Points

• Manning & Napier Advisors increased its Visa stake by 12.2% in the fourth quarter, ending with 523,679 shares valued at about $185.2 million. Visa is now its 11th-largest holding and makes up roughly 2.4% of the portfolio.
• Visa reported strong quarterly results, with EPS of $3.31 and revenue of $11.23 billion, both above Wall Street expectations. Revenue rose 17.1% year over year, and analysts expect about $13.08 in EPS for the current year.
• The company also announced a $20 billion share repurchase program and a quarterly dividend of $0.67 per share, while analysts remain broadly positive with a consensus Buy rating and an average price target of $387.25.

Manning & Napier Advisors LLC raised its holdings in Visa Inc. (NYSE:V - Free Report) by 12.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 523,679 shares of the credit-card processor's stock after acquiring an additional 56,765 shares during the quarter. Visa accounts for about 2.4% of Manning & Napier Advisors LLC's holdings, making the stock its 11th biggest position. Manning & Napier Advisors LLC's holdings in Visa were worth $185,183,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in V. Clayton Financial Group LLC grew its position in Visa by 446.2% during the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor's stock worth $25,000 after buying an additional 58 shares during the period. Parvin Asset Management LLC lifted its position in shares of Visa by 200.0% during the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor's stock valued at $26,000 after acquiring an additional 50 shares during the period. PayPay Securities Corp lifted its position in shares of Visa by 102.7% during the 4th quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor's stock valued at $26,000 after acquiring an additional 38 shares during the period. Cresta Advisors Ltd. purchased a new stake in shares of Visa during the 4th quarter worth approximately $26,000. Finally, Dorato Capital Management purchased a new stake in shares of Visa during the 4th quarter worth approximately $30,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories 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.

Visa Price Performance

NYSE:V opened at $318.66 on Friday. The firm has a market cap of $578.43 billion, a price-to-earnings ratio of 27.76, a price-to-earnings-growth ratio of 1.72 and a beta of 0.78. 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 company's 50-day moving average is $310.67 and its two-hundred day moving average is $326.72. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $375.51.

Visa (NYSE:V - Get Free Report) last issued 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 business had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company's quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.76 earnings per share. Research analysts expect that Visa Inc. will post 13.08 EPS for the current year.

Visa announced that its Board of Directors has initiated a share repurchase program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

Visa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be given a dividend of $0.67 per share. The ex-dividend date is 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 23.34%.

Insider Activity at Visa

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 completion of the transaction, the director directly owned 2,679 shares in the company, valued at approximately $829,471.98. The trade was a 19.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ryan Mcinerney sold 31,455 shares of the business'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 owned 15,174 shares of the company's stock, valued at $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Freedom Capital raised Visa from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 16th. Daiwa Securities Group upgraded Visa from a "neutral" rating to an "outperform" rating and set a $370.00 target price on the stock in a research report on Monday, February 2nd. TD Cowen reissued a "buy" rating on shares of Visa in a report on Friday, January 30th. Macquarie Infrastructure restated an "outperform" rating and issued a $410.00 price target on shares of Visa in a research report on Friday, January 30th. Finally, Citigroup cut their price target on Visa from $450.00 to $400.00 and set a "buy" rating for the company in a research note on Tuesday, April 14th. Six investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $387.25.

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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