Visa Inc. $V Shares Bought by Waverly Advisors LLC

Key Points

• Waverly Advisors increased its Visa position by 48% in the second quarter, adding 69,714 shares for a total of 215,041 shares valued at approximately $73.8 million. Institutional investors and hedge funds collectively own 82.15% of Visa’s stock.
• Visa reported quarterly EPS of $3.32, beating estimates by $0.09, while revenue rose 14.4% year over year to $11.63 billion. The company also declared a quarterly dividend of $0.67 per share, equivalent to a 0.7% yield.
• Visa shares recently fell 1.7% to $368.82, but analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $416.62. Several firms recently raised their targets, including RBC to $466.

Waverly Advisors LLC boosted its position in shares of Visa Inc. (NYSE:V - Free Report) by 48.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,041 shares of the credit-card processor's stock after buying an additional 69,714 shares during the quarter. Waverly Advisors LLC's holdings in Visa were worth $73,778,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of V. G&S Capital LLC increased its holdings in shares of Visa by 4.0% in the second quarter. G&S Capital LLC now owns 761 shares of the credit-card processor's stock valued at $261,000 after buying an additional 29 shares in the last quarter. Keating Financial Advisory Services Inc. increased its position in Visa by 0.9% during the second quarter. Keating Financial Advisory Services Inc. now owns 3,189 shares of the credit-card processor's stock worth $1,094,000 after buying an additional 29 shares during the last quarter. Riverview Capital Advisers LLC lifted its position in shares of Visa by 0.3% in the second quarter. Riverview Capital Advisers LLC now owns 10,805 shares of the credit-card processor's stock worth $3,707,000 after buying an additional 29 shares during the last quarter. NerdWallet Wealth Partners LLC increased its holdings in shares of Visa by 4.5% during the 2nd quarter. NerdWallet Wealth Partners LLC now owns 695 shares of the credit-card processor's stock valued at $239,000 after acquiring an additional 30 shares during the last quarter. Finally, Frederick Financial Consultants LLC raised its stake in shares of Visa by 2.0% in the 4th quarter. Frederick Financial Consultants LLC now owns 1,598 shares of the credit-card processor's stock valued at $560,000 after acquiring an additional 31 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.

Visa Trading Down 1.7%

NYSE:V traded down $6.25 during trading hours on Tuesday, hitting $368.82. 4,927,265 shares of the stock were exchanged, compared to its average volume of 7,770,979. The company has a market capitalization of $658.14 billion, a P/E ratio of 31.36, a price-to-earnings-growth ratio of 2.01 and a beta of 0.76. 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 company's 50 day moving average is $364.80 and its two-hundred day moving average is $334.13. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $385.57.

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

Visa Dividend Announcement

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

Insider Buying and Selling

In other Visa news, insider Tullier Mahon sold 57,272 shares of the firm's stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the transaction, the insider owned 49,662 shares in the company, valued at approximately $18,125,140.14. This trade represents a 53.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Julie B. Rottenberg sold 2,028 shares of the company's stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $381.35, for a total value of $773,377.80. Following the completion of the sale, the general counsel directly owned 18,404 shares of the company's stock, valued at approximately $7,018,365.40. This trade represents a 9.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 104,537 shares of company stock valued at $37,540,837 over the last ninety days. Insiders own 0.12% of the company's stock.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa introduced an on-chain credit model that combines VisaNet settlement data with blockchain lending infrastructure. The program is intended to help stablecoin-linked card issuers and fintech companies obtain working capital, potentially expanding Visa’s role beyond transaction processing. Visa expands data offering for blockchain lenders
• Positive Sentiment: Demand for Visa’s stablecoin infrastructure is accelerating: the company now supports more than 160 stablecoin-linked card programs, while related payment volume has increased nearly 200% year over year. Visa said stablecoin settlement volume has reached an annualized rate of approximately $20 billion. Visa connects settlement data to blockchain lenders
• Positive Sentiment: The company highlighted Credit Coop as an early example of the model. The blockchain lender has reportedly financed more than $2.5 billion in cumulative settlement volume since 2023, across more than 3,000 borrowing events and 9,000 repayments, with no reported defaults. Visa unveils on-chain lending model
• Neutral Sentiment: Visa renewed its multi-year partnership with the Toronto International Film Festival, supporting continued brand visibility and customer engagement, though the announcement is unlikely to materially affect near-term earnings. Visa and TIFF renew partnership
• Neutral Sentiment: Investors are also assessing Visa’s “Agentic Ready” strategy, which targets purchases made by artificial-intelligence agents. The opportunity could support future payment volume, but the effect on transaction economics and competitive risks remains uncertain. Visa’s Agentic Ready program
• Negative Sentiment: Visa underperformed the broader market in the latest session. The decline suggests investors may be taking profits or remaining cautious about the stock’s premium valuation despite strong long-term growth prospects and the positive stablecoin developments. Visa falls more steeply than broader market

Wall Street Analyst Weigh In

V has been the subject of a number of recent analyst reports. BMO Capital Markets upped their target price on Visa from $387.00 to $405.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Barclays started coverage on shares of Visa in a research note on Tuesday, July 7th. They set an "overweight" rating and a $420.00 target price for the company. Royal Bank Of Canada reissued an "outperform" rating and set a $466.00 price objective (up from $412.00) on shares of Visa in a report on Monday, August 31st. Citigroup reissued a "buy" rating and issued a $440.00 target price (up from $400.00) on shares of Visa in a research note on Wednesday, July 29th. Finally, Erste Group Bank raised Visa from a "hold" rating to a "buy" rating in a report on Monday, July 27th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company's stock. According to data from MarketBeat, Visa presently has a consensus rating of "Buy" and a consensus target price of $416.62.

Visa Profile

Visa Inc is a global payments technology company that operates one of the world's largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa's products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.

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