Tredje AP fonden Lowers Stake in Visa Inc. $V

Key Points

• Tredje AP fonden trimmed its Visa position by 3.7% in the fourth quarter, selling 15,474 shares and leaving it with 397,432 shares worth about $139.4 million.
• Visa beat earnings expectations for the latest quarter, reporting EPS of $3.31 versus $3.10 expected and revenue of $11.23 billion versus $10.75 billion expected, with revenue up 17.1% year over year.
• The company also announced a $20 billion share buyback and a quarterly dividend of $0.67 per share, while analysts remain broadly positive with an average rating of Buy and an average price target of $387.67.

Tredje AP fonden lowered its stake in shares of Visa Inc. (NYSE:V - Free Report) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 397,432 shares of the credit-card processor's stock after selling 15,474 shares during the quarter. Visa accounts for 1.0% of Tredje AP fonden's investment portfolio, making the stock its 19th biggest position. Tredje AP fonden's holdings in Visa were worth $139,383,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Handelsbanken Fonder AB boosted its stake in shares of Visa by 0.4% during the 4th quarter. Handelsbanken Fonder AB now owns 647,978 shares of the credit-card processor's stock valued at $227,252,000 after purchasing an additional 2,275 shares in the last quarter. Paul R. Ried Financial Group LLC boosted its stake in shares of Visa by 31.5% during the 4th quarter. Paul R. Ried Financial Group LLC now owns 1,168 shares of the credit-card processor's stock valued at $410,000 after purchasing an additional 280 shares in the last quarter. Conway Capital Management Inc. boosted its stake in shares of Visa by 3.5% during the 4th quarter. Conway Capital Management Inc. now owns 6,603 shares of the credit-card processor's stock valued at $2,316,000 after purchasing an additional 225 shares in the last quarter. AAF Wealth Management LLC bought a new stake in shares of Visa during the 4th quarter valued at about $201,000. Finally, Integral Investment Advisors Inc. boosted its stake in shares of Visa by 17.7% during the 4th quarter. Integral Investment Advisors Inc. now owns 6,913 shares of the credit-card processor's stock valued at $2,425,000 after purchasing an additional 1,042 shares in the last quarter. Hedge funds and other institutional investors own 82.15% of the company's stock.

Analyst Ratings Changes

V has been the subject of a number of recent research reports. Oppenheimer reissued an "outperform" rating and set a $403.00 price target (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. Evercore set a $350.00 price target on shares of Visa in a research report on Wednesday, April 29th. Bank of America initiated coverage on shares of Visa in a research report on Thursday, March 5th. They set a "buy" rating and a $410.00 price target for the company. Weiss Ratings cut shares of Visa from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, April 16th. Finally, Freedom Capital raised shares of Visa from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 16th. Six research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $387.67.

Visa Stock Down 0.8%

Shares of Visa stock opened at $329.93 on Wednesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $591.83 billion, a PE ratio of 28.74, a price-to-earnings-growth ratio of 1.78 and a beta of 0.78. Visa Inc. has a 52-week low of $293.89 and a 52-week high of $375.51. The company has a 50-day simple moving average of $311.72 and a two-hundred day simple moving average of $325.56.

Visa (NYSE:V - Get Free Report) last issued its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, topping 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 net margin of 51.68% and a return on equity of 65.00%. The business's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.76 earnings per share. On average, analysts anticipate that Visa Inc. will post 13.09 EPS for the current fiscal year.

Visa Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, May 12th. Visa's payout ratio is presently 23.34%.

Visa announced that its Board of Directors has approved a stock buyback program on Tuesday, April 28th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

Insider Activity

In other news, CFO Chris Suh sold 10,639 shares of the business'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 completion of the transaction, the chief financial officer directly owned 9,872 shares of the company's stock, valued at $3,206,524.32. The trade was a 51.87% 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. Also, 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 transaction of $201,253.00. Following the transaction, the director directly owned 2,679 shares of the company's stock, valued at $829,471.98. The trade was a 19.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 42,744 shares of company stock valued at $14,356,010 over the last three months. Insiders own 0.12% of the company's stock.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa and Trip.com Group announced a strategic collaboration to improve travel experiences in Asia Pacific, using Visa’s global payments network to support personalized offers and seamless transactions. Visa and Trip.com Group Ink Strategic Collaboration, Enabling Consumers to Chase Their Passions Through Travel
• Positive Sentiment: Visa launched its “Tap In” campaign for the FIFA World Cup 2026™, reinforcing its brand, contactless payments messaging, and support for small businesses and community programs in host countries. Visa and Jason Sudeikis Turn the Simplest Goal in Football Into the Biggest Fan Moments at the FIFA World Cup 2026™
• Positive Sentiment: Several articles highlighted Visa as a blue-chip and long-term holding, citing its payments growth drivers and inclusion among stocks expected to benefit from AI and broader consumer spending trends. Buy 5 Blue-Chip Stocks to Enhance Your Portfolio Returns in 2026
• Positive Sentiment: Visa’s conference presentation at J.P. Morgan’s technology/media/communications event keeps the company in the spotlight and may give investors more confidence in management’s growth strategy. Visa Inc. (V) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: Commentary around agentic payments, competitor moves, and broader payments industry trends suggests the market is focused on how Visa will adapt to AI-driven commerce, but these items are mostly speculative for now. When AI shops for you: Visa and Mastercard bet on agentic payments
• Neutral Sentiment: Visa was also mentioned in market lists of trending and high-conviction blue-chip names, which supports visibility but does not materially change fundamentals on its own. Visa Inc. (V) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Some coverage focused on competition in digital payments and the possibility that new payment models from rivals could pressure Visa’s long-term network dominance, though no direct business setback was reported. TikTok expands financial ambitions through Brazil banking push and UK payments play

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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