National Pension Service Purchases 57,299 Shares of Visa Inc. $V

Key Points

• National Pension Service increased its Visa stake by 1.7%, purchasing 57,299 shares to reach 3.46 million shares valued at approximately $1.19 billion. Institutional investors and hedge funds collectively own 82.15% of Visa.
• Visa exceeded quarterly expectations, reporting $3.32 in EPS and $11.63 billion in revenue, with revenue up 14.4% year over year. Analysts maintain a consensus “Buy” rating and an average price target of $416.62.
• Visa shares opened at $367.92, while insiders sold more than 104,000 shares worth $37.5 million over the past three months. The company also paid a quarterly dividend of $0.67 per share, equivalent to a 0.7% annual yield.

National Pension Service lifted its position in shares of Visa Inc. (NYSE:V - Free Report) by 1.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,456,128 shares of the credit-card processor's stock after purchasing an additional 57,299 shares during the quarter. Visa makes up about 0.8% of National Pension Service's investment portfolio, making the stock its 24th largest position. National Pension Service owned 0.19% of Visa worth $1,185,763,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. XXEC Inc. increased its holdings in Visa by 153,118.8% in the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor's stock valued at $63,904,097,000 after buying an additional 186,138,883 shares during the period. Norges Bank acquired a new position in shares of Visa in the 4th quarter valued at $5,877,738,000. Cardano Risk Management B.V. lifted 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 acquiring an additional 7,364,762 shares during the period. Diamant Asset Management Inc. lifted 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 acquiring an additional 7,308,345 shares during the period. Finally, Jupiter Topco LLC bought a new position in shares of Visa during the 2nd quarter worth about $1,435,262,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Visa

In related news, insider Tullier Mahon sold 57,272 shares of the firm's stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the completion of the sale, 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 document filed with the SEC, which is available at this hyperlink. Also, CEO Ryan Mcinerney sold 20,970 shares of Visa stock in a transaction on Monday, June 29th. The shares were sold at an average price of $340.25, for a total value of $7,135,042.50. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company's stock, valued at approximately $5,162,953.50. The trade was a 58.02% decrease in their position. 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 104,537 shares of company stock valued at $37,540,837 in the last three months. 0.12% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on V. Morgan Stanley reissued an "overweight" rating and issued a $416.00 target price on shares of Visa in a research note on Wednesday, July 29th. Raymond James Financial restated an "outperform" rating and set a $406.00 price target on shares of Visa in a research note on Wednesday, July 29th. UBS Group reaffirmed a "buy" rating and set a $420.00 price objective (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. BMO Capital Markets upped their price objective on Visa from $387.00 to $405.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised their target price on Visa from $400.00 to $450.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company. Based on data from MarketBeat, Visa has a consensus rating of "Buy" and a consensus target price of $416.62.

Visa Trading Down 0.2%

Shares of Visa stock opened at $367.92 on Thursday. The stock has a market capitalization of $656.53 billion, a P/E ratio of 31.29, a price-to-earnings-growth ratio of 1.97 and a beta of 0.76. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. The company has a 50-day simple moving average of $365.13 and a 200 day simple moving average of $334.48. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $385.57.

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

Visa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were paid a $0.67 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa's payout ratio is 22.79%.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported that more than 160 stablecoin-linked card programs are now active on its network, with related payment volume approaching a $20 billion annualized run rate and rising sharply year over year. The growth supports Visa’s position as a bridge between traditional payments and digital assets. Visa Grows Stablecoin Card Network
• Positive Sentiment: The company is combining VisaNet settlement data with blockchain lending infrastructure to help stablecoin-focused fintechs secure working capital. This could create new financing-related opportunities while making Visa’s network more useful to digital-asset issuers. Visa Is Turning Stablecoin Growth Into a Financing Opportunity
• Positive Sentiment: Visa partnered with the International Finance Corporation, part of the World Bank Group, on a risk-sharing initiative designed to expand digital-payment access in emerging markets. Greater adoption could support long-term transaction growth and financial inclusion. Visa and World Bank Group Initiative
• Positive Sentiment: A partnership with PhonePe adds cardless and potentially cross-border payment tools for Indian consumers and merchants, expanding Visa’s reach in a large, growing digital-payments market. PhonePe and Visa Cardless Payment Tools
• Neutral Sentiment: Visa’s research found that 72% of consumers have used AI assistants, but only 23% of U.S. consumers trust generative AI to make payments. Visa ranked as the most trusted payments brand, suggesting long-term opportunity but limited near-term adoption. Visa Research on Agentic Commerce
• Negative Sentiment: Visa’s CEO said AI shopping is gaining traction, but autonomous payments have not yet arrived. That cautious outlook may temper expectations for immediate growth from agentic commerce, particularly while the stock trades at a premium earnings multiple.

About Visa

Visa Inc is a global payments technology company that operates one of the world's largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa's products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.

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