TD Waterhouse Canada Inc. Boosts Stake in Visa Inc. $V

Key Points

• TD Waterhouse Canada Inc. raised its Visa stake by 2.6% in Q4, adding 17,134 shares to hold 682,722 shares worth $239,547,000, making Visa 1.5% of its portfolio and its 18th-largest position.
• Visa beat Q4 expectations with $3.17 EPS and $10.90B revenue (up 14.6% YoY), posting a 50.23% net margin and strong ROE, while analysts forecast about 12.84 EPS for the current year.
• About 82.15% of Visa is owned by institutional investors, and analyst coverage is largely positive with an average rating of "Buy" and an average price target of $388.25.

TD Waterhouse Canada Inc. lifted its holdings in Visa Inc. (NYSE:V - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 682,722 shares of the credit-card processor's stock after buying an additional 17,134 shares during the period. Visa makes up 1.5% of TD Waterhouse Canada Inc.'s holdings, making the stock its 18th biggest position. TD Waterhouse Canada Inc.'s holdings in Visa were worth $239,547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Capital World Investors lifted its stake in shares of Visa by 0.8% in the third quarter. Capital World Investors now owns 24,792,246 shares of the credit-card processor's stock worth $8,463,484,000 after buying an additional 193,288 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Visa by 4.2% in the third quarter. Ameriprise Financial Inc. now owns 13,114,674 shares of the credit-card processor's stock worth $4,475,403,000 after buying an additional 530,995 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Visa by 3.3% in the third quarter. Legal & General Group Plc now owns 12,458,913 shares of the credit-card processor's stock worth $4,253,224,000 after buying an additional 399,845 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Visa by 12.2% in the third quarter. Invesco Ltd. now owns 11,913,505 shares of the credit-card processor's stock worth $4,067,032,000 after buying an additional 1,298,435 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Visa by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 8,418,387 shares of the credit-card processor's stock worth $2,873,794,000 after purchasing an additional 108,264 shares during the period. 82.15% of the stock is owned by hedge funds and other institutional investors.

Visa Price Performance

Visa stock opened at $309.84 on Wednesday. The company's 50 day simple moving average is $310.65 and its 200-day simple moving average is $328.70. The company has a market capitalization of $562.42 billion, a price-to-earnings ratio of 29.07, a price-to-earnings-growth ratio of 1.80 and a beta of 0.80. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $375.51. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.11 and a current ratio of 1.11.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The credit-card processor reported $3.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.14 by $0.03. The business had revenue of $10.90 billion for the quarter, compared to the consensus estimate of $10.69 billion. Visa had a net margin of 50.23% and a return on equity of 61.74%. The business's revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.75 EPS. As a group, equities research analysts expect that Visa Inc. will post 12.84 earnings per share for the current year.

Visa Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 10th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, February 10th. Visa's payout ratio is 25.14%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on V. Piper Sandler set a $160.00 target price on shares of Visa in a research note on Wednesday, January 28th. Citigroup reduced their target price on shares of Visa from $450.00 to $400.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Morgan Stanley reaffirmed an "overweight" rating and set a $411.00 target price (up from $398.00) on shares of Visa in a research note on Friday, January 30th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $395.00 target price on shares of Visa in a research note on Friday, January 30th. Finally, BMO Capital Markets began coverage on shares of Visa in a research note on Tuesday. They set an "outperform" rating and a $365.00 target price on the stock. Six equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Visa has an average rating of "Buy" and an average price target of $388.25.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa picked up a nomination for BeInCrypto’s 2026 Institutional Awards for “Best Stablecoin Infrastructure,” highlighting continued investment in card, settlement and blockchain rails that could open new fee and settlement opportunities. BeInCrypto 100 Institutional Awards Nomination: Visa for Best Stablecoin Infrastructure
• Positive Sentiment: Visa and TikTok launched a creator-focused debit card in the U.K., a targeted product play that deepens issuer relationships and monetizes fast-growing creator cash flows. Product rollouts like this can boost user engagement and interchange revenue in niche segments. Visa Teams With TikTok on Creator-Focused Debit Card
• Positive Sentiment: Visa expanded its payment-orchestration partnership with Dubai’s MoneyHash to enable Cybersource across the MoneyHash platform — a move that broadens Visa’s merchant-facing footprint in emerging-market e‑commerce and cross-border flows. Visa Expands Payment Orchestration Pact With Dubai’s MoneyHash
• Positive Sentiment: Visa’s Commercial Enhanced Data Program has phased out Level 2 incentives and now rewards verifiable Level 3 data — a shift that favors higher-quality, data-rich B2B transactions and could increase effective interchange on business spend if adoption rises. It’s Level 3 or Bust as Visa’s Interchange Shift Rewires B2B Data
• Neutral Sentiment: Visa joined the Backbone coalition of credit unions, broadening its advocacy and partner ecosystem — a reputational/partnership win but unlikely to move near-term revenue materially. Backbone Coalition Expands to 30 Members as Visa Joins Coalition
• Neutral Sentiment: Market summaries note Visa’s share price drifted lower in the latest session — a surface-level datapoint reflecting other headlines and broader market action rather than new company fundamentals. Visa (V) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: France’s CB payments network is pursuing a Europe-focused alternative to Visa/Mastercard, and EU scrutiny of card-network dominance is rising — a potential long-term competitive and regulatory headwind for Visa’s European economics. France’s CB Payments Network Aims to Take on Visa/Mastercard in EU
• Negative Sentiment: Analyst coverage is mixed ahead of upcoming results — one Zacks preview suggests Visa lacks the clear setup for an earnings beat, which can damp investor expectations heading into releases. Visa (V) Earnings Expected to Grow: Should You Buy?

Insider Activity

In other news, Director Lloyd Carney sold 650 shares of the business's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $309.62, for a total value of $201,253.00. Following the sale, the director directly owned 2,679 shares of the company's stock, valued at approximately $829,471.98. The trade was a 19.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.12% of the company's stock.

Visa Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.