Visa Inc. $V Holdings Raised by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. increased its position in shares of Visa Inc. (NYSE:V - Free Report) by 74.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,985 shares of the credit-card processor's stock after purchasing an additional 2,981 shares during the quarter. Visa accounts for about 1.1% of Whalen Wealth Management Inc.'s investment portfolio, making the stock its 18th largest holding. Whalen Wealth Management Inc.'s holdings in Visa were worth $2,397,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cresta Advisors Ltd. bought a new stake in shares of Visa during the 4th quarter valued at about $26,000. Parvin Asset Management LLC lifted its holdings in Visa by 200.0% in the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor's stock worth $26,000 after acquiring an additional 50 shares during the last quarter. Virtus Advisers LLC bought a new position in Visa in the second quarter worth about $33,000. RHL Group LLC acquired a new position in Visa in the fourth quarter valued at approximately $34,000. Finally, Timmons Wealth Management LLC acquired a new position in Visa in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 82.15% of the company's stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa and Mastercard reached fresh records as aggregate U.S. spending remained healthy, despite consumers becoming more selective and retail companies issuing cautious warnings. Strong payment volumes support Visa’s transaction and fee revenue. Visa and Mastercard shares hit fresh records, underscoring a resilient U.S. consumer
• Positive Sentiment: Visa’s stablecoin settlement pilot reached an annualized run rate of approximately $7 billion after expanding across nine blockchains. The development strengthens Visa’s position in emerging digital-payment infrastructure and could create additional long-term transaction opportunities. Circle CEO Allaire Maps Stablecoins’ Next Act as Global Payment Rails
• Positive Sentiment: President Donald Trump’s financial disclosure showed purchases of Visa shares, adding a headline-level endorsement from a prominent investor and contributing to market interest in the stock. Visa Stock Climbs After Trump Buys Millions in Stock
• Positive Sentiment: Visa’s monitoring program for Hims & Hers Health highlights the network’s ability to enforce dispute controls and collect penalties when merchants generate excessive chargebacks. The episode reinforces Visa’s risk-management role without exposing it to the merchant’s customer-acquisition or regulatory costs. Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
• Neutral Sentiment: CEO Ryan McInerney is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on September 8. The presentation could provide updates on spending trends, stablecoins and regulation, but no new financial guidance was announced. Visa to Participate in Upcoming Investor Conference
• Negative Sentiment: McInerney sold 5,875 Visa shares worth approximately $2.16 million, reducing his direct ownership by 27.9%. The sale occurred under a pre-arranged Rule 10b5-1 plan, making it less concerning than discretionary selling, but it may still draw limited attention from investors.

Analyst Ratings Changes

V has been the subject of several recent research reports. Erste Group Bank raised Visa from a "hold" rating to a "buy" rating in a report on Monday, July 27th. Wolfe Research reissued an "outperform" rating and issued a $435.00 price target (up from $430.00) on shares of Visa in a report on Wednesday, July 29th. Morgan Stanley restated an "overweight" rating and set a $416.00 price objective on shares of Visa in a research report on Wednesday, July 29th. Evercore set a $350.00 price objective on Visa in a research note on Wednesday, April 29th. Finally, Clear Str raised Visa to a "strong-buy" rating in a research report on Thursday, July 16th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $413.58.

Visa Trading Up 3.0%

Visa stock opened at $382.35 on Tuesday. Visa Inc. has a 52-week low of $293.89 and a 52-week high of $383.43. 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 firm has a market capitalization of $682.28 billion, a price-to-earnings ratio of 32.51, a PEG ratio of 1.99 and a beta of 0.74. The firm has a 50-day moving average price of $354.89 and a two-hundred day moving average price of $329.98.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating the consensus estimate of $3.23 by $0.09. The company 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%. Visa's revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the business earned $2.98 earnings per share. Sell-side analysts expect that Visa Inc. will post 13.16 earnings per share for the current year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa's dividend payout ratio (DPR) is currently 22.79%.

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

Insider Activity at Visa

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction on Friday, August 21st. The stock was sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the sale, the chief executive officer owned 15,174 shares of the company's stock, valued at $5,582,059.38. The trade was a 27.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Kelly Mahon sold 57,272 shares of the business's stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total value of $20,902,561.84. Following the transaction, the insider 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 SEC filing for this sale provides additional information. Insiders have sold a total of 96,634 shares of company stock worth $34,537,016 in the last three months. 0.12% of the stock is owned by company insiders.

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.

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.

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