Polen Capital Management LLC Reduces Holdings in Visa Inc. $V

Key Points

• Polen Capital Management reduced its Visa stake by 22.2% in the fourth quarter, selling 964,882 shares and leaving it with 3,375,342 shares worth about $1.18 billion.
• Institutional ownership remains strong, with hedge funds and other investors holding 82.15% of Visa; several firms, including Norges Bank and Corient Private Wealth, also increased or initiated sizable positions.
• Visa reported strong quarterly results, beating EPS and revenue estimates, and it continues to attract analyst support with a consensus rating of “Buy” and a price target of $387.78.

Polen Capital Management LLC cut its position in Visa Inc. (NYSE:V - Free Report) by 22.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,375,342 shares of the credit-card processor's stock after selling 964,882 shares during the quarter. Visa makes up approximately 5.1% of Polen Capital Management LLC's investment portfolio, making the stock its 8th largest holding. Polen Capital Management LLC owned about 0.19% of Visa worth $1,183,766,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new stake in Visa during the fourth quarter valued at approximately $5,877,738,000. Corient Private Wealth LLC grew its holdings in Visa by 110.4% in the second quarter. Corient Private Wealth LLC now owns 3,954,937 shares of the credit-card processor's stock worth $1,396,930,000 after purchasing an additional 2,075,289 shares during the last quarter. Holocene Advisors LP increased its position in shares of Visa by 286.4% during the third quarter. Holocene Advisors LP now owns 2,526,026 shares of the credit-card processor's stock worth $862,335,000 after purchasing an additional 1,872,362 shares in the last quarter. SG Americas Securities LLC lifted its holdings 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 valued at $1,059,990,000 after purchasing an additional 1,658,954 shares during the last quarter. Finally, Danske Bank A S acquired a new stake in shares of Visa in the 3rd quarter worth $565,684,000. 82.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

V has been the topic of several recent analyst reports. BMO Capital Markets initiated coverage on Visa in a research report on Tuesday, April 21st. They set an "outperform" rating and a $365.00 target price on the stock. Evercore set a $350.00 price objective on shares of Visa in a report on Wednesday, April 29th. Weiss Ratings cut shares of Visa from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, April 16th. Loop Capital initiated coverage on shares of Visa in a research note on Tuesday, March 31st. They set a "buy" rating and a $387.00 price target on the stock. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $450.00 price target on shares of Visa in a report on Tuesday, June 2nd. Six analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Visa presently has a consensus rating of "Buy" and a consensus price target of $387.78.

Insider Buying and Selling

In other news, CFO Chris Suh sold 10,639 shares of the firm's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the sale, the chief financial officer owned 9,872 shares of the company's stock, valued at $3,206,524.32. This trade represents a 51.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ryan Mcinerney sold 31,455 shares of Visa stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the transaction, the chief executive officer directly owned 15,174 shares of the company's stock, valued at approximately $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is owned by company insiders.

Visa Price Performance

NYSE:V opened at $319.21 on Friday. The firm's fifty day moving average is $318.23 and its two-hundred day moving average is $324.42. The firm has a market cap of $572.60 billion, a price-to-earnings ratio of 27.81, a PEG ratio of 1.73 and a beta of 0.77. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09. Visa Inc. has a one year low of $293.89 and a one year high of $374.17.

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

Visa Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, May 12th. Visa's dividend payout ratio is currently 23.34%.

Visa declared that its Board of Directors has authorized a stock buyback plan on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a major partnership with OpenAI to enable secure payments inside ChatGPT, potentially opening a new channel for AI-driven commerce and reinforcing Visa’s role in digital transactions.
• Positive Sentiment: Visa is expanding its AI, tokenization, and stablecoin capabilities, which may strengthen its competitive moat and support longer-term payment volume growth.
• Positive Sentiment: Several analyst-style articles highlighted Visa as a stock to watch, citing earnings growth, price strength, and innovation momentum.
• Neutral Sentiment: Mastercard also unveiled AI-related payment tools and stablecoin initiatives, underscoring rising competition in agentic commerce rather than creating an immediate negative for Visa.
• Neutral Sentiment: Visa remains in the spotlight for the recently approved $38 billion swipe-fee settlement, but the latest coverage suggests the legal overhang is becoming more settled rather than newly pressured.
• Negative Sentiment: Despite the upbeat product news, the stock has been trading lower, likely reflecting profit-taking and investor caution about whether these AI initiatives will translate into near-term revenue.

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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