NEOS Investment Management LLC Increases Position in Visa Inc. $V

Key Points

• NEOS Investment Management increased its Visa position by 10.3% in the second quarter, bringing its holdings to 273,079 shares valued at approximately $93.7 million. Institutional investors collectively own 82.15% of Visa’s stock.
• Analysts remain bullish, with Visa receiving a consensus “Buy” rating and an average price target of $416.62, above its reported share price of $379.17.
• Visa exceeded quarterly expectations, reporting $3.32 in EPS and $11.63 billion in revenue, with revenue rising 14.4% year over year. The company also paid a quarterly dividend of $0.67 per share, representing a 0.7% yield.

NEOS Investment Management LLC raised its holdings in shares of Visa Inc. (NYSE:V - Free Report) by 10.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 273,079 shares of the credit-card processor's stock after purchasing an additional 25,444 shares during the period. NEOS Investment Management LLC's holdings in Visa were worth $93,691,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. XXEC Inc. grew its stake in shares of Visa by 153,118.8% in the 2nd 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 purchased a new position in Visa during the fourth quarter valued at $5,877,738,000. Cardano Risk Management B.V. raised its stake in Visa by 867.6% during 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 holdings in Visa by 29,706.3% in the first 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 in the last quarter. Finally, Jupiter Topco LLC bought a new stake in Visa in the second quarter worth $1,435,262,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on V shares. Truist Financial set a $406.00 price target on Visa and gave the company a "buy" rating in a report on Wednesday, August 5th. Robert W. Baird upped their price target on shares of Visa from $412.00 to $420.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Barclays began coverage on shares of Visa in a research report on Tuesday, July 7th. They set an "overweight" rating and a $420.00 price objective on the stock. Raymond James Financial restated an "outperform" rating and set a $406.00 price objective on shares of Visa in a research note on Wednesday, July 29th. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $416.00 target price on shares of Visa in a report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to MarketBeat, Visa presently has a consensus rating of "Buy" and an average price target of $416.62.

Visa Stock Up 0.2%

Visa stock opened at $379.17 on Friday. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $385.57. The stock has a fifty day simple moving average of $362.88 and a two-hundred day simple moving average of $332.97. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The firm has a market cap of $676.60 billion, a price-to-earnings ratio of 32.24, a PEG ratio of 2.03 and a beta of 0.76.

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

Visa Dividend Announcement

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

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa launched an enhanced A2A Protect platform featuring real-time risk insights and a unified fraud score incorporating Featurespace technology. The product is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s fraud-prevention and software revenue. Visa launches enhanced A2A Protect
• Positive Sentiment: Visa integrated with Handwave to allow cards to be linked to palm biometrics for payments. The technology could improve checkout convenience and security while supporting growth in tokenized and biometric transactions. Handwave Visa palm biometrics integration
• Positive Sentiment: Visa’s network is being used in additional stablecoin applications, including Advasa’s upgraded Visa card with USDC payment support. Broader stablecoin acceptance could create longer-term transaction opportunities, complementing Visa’s recent 14.4% revenue growth and quarterly earnings beat. Advasa expands Visa card to support USDC
• Neutral Sentiment: Twenty-one financial institutions are reportedly advancing a jointly backed stablecoin venture, signaling that competition is shifting toward payment infrastructure and distribution. The development validates the stablecoin market but could increase competition with Visa’s role as the payments industry develops. Stablecoins this week
• Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares for approximately $2.23 million, and General Counsel Julie Rottenberg previously sold about $773,000. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their value as signals of deteriorating business expectations, though the sales may weigh on sentiment. Visa insider selling
• Negative Sentiment: Reports that Robinhood memecoin purchases made with credit cards may be coded as digital-media transactions could draw scrutiny over rewards eligibility and transaction classification. Any resulting disputes or policy changes could create friction for Visa and card issuers in crypto-related payments. Robinhood memecoin credit-card coding

Insider Buying and Selling at Visa

In other news, General Counsel Julie B. Rottenberg sold 2,028 shares of the business's stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the completion of the transaction, the general counsel directly owned 18,404 shares of the company's stock, valued at $7,018,365.40. The trade was a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 20,970 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,162,953.50. This trade represents a 58.02% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 104,537 shares of company stock worth $37,540,837. Company insiders own 0.12% of the company's stock.

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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