Visa Inc. $V Shares Sold by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC reduced its Visa stake by 9.2% in the third quarter, selling 2,765 shares and retaining 27,145 shares valued at about $9.8 million.
• Visa beat quarterly earnings and revenue expectations, reporting EPS of $3.48 and revenue of $12.14 billion; revenue rose 13.2% year over year.
• Visa raised its quarterly dividend from $0.67 to $0.78 per share. Analysts’ average rating was Buy, with an average price target of $440.82.

International Assets Investment Management LLC trimmed its stake in Visa Inc. (NYSE:V - Free Report) by 9.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,145 shares of the credit-card processor's stock after selling 2,765 shares during the quarter. International Assets Investment Management LLC's holdings in Visa were worth $9,768,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. XXEC Inc. boosted its holdings in shares of Visa by 153,118.8% in the second quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor's stock worth $63,904,097,000 after buying an additional 186,138,883 shares during the period. Jupiter Topco LLC acquired a new stake in Visa during the 2nd quarter worth about $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Visa by 13.0% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,720,068 shares of the credit-card processor's stock valued at $5,393,398,000 after acquiring an additional 1,808,496 shares in the last quarter. Janus Henderson Group PLC grew its stake in Visa by 33.1% during the 1st quarter. Janus Henderson Group PLC now owns 4,486,927 shares of the credit-card processor's stock valued at $1,356,090,000 after acquiring an additional 1,116,498 shares in the last quarter. Finally, Amundi lifted its position in shares of Visa by 16.5% in the second quarter. Amundi now owns 7,714,919 shares of the credit-card processor's stock worth $2,646,911,000 after purchasing an additional 1,092,315 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.

Visa Stock Up 0.0%

V opened at $422.76 on Friday. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $442.23. The business has a 50-day moving average of $385.86 and a 200-day moving average of $344.69. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99. The company has a market capitalization of $754.39 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 1.80 and a beta of 0.80.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.04. The business had revenue of $12.14 billion during the quarter, compared to analyst estimates of $12.09 billion. Visa had a return on equity of 70.50% and a net margin of 51.20%. The firm's revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.98 EPS. Equities research analysts forecast that Visa Inc. will post 15.02 EPS for the current fiscal year.

Visa Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This is a boost from Visa's previous quarterly dividend of $0.67. This represents a $3.12 annualized dividend and a yield of 0.7%. Visa's payout ratio is 25.30%.

Wall Street Analyst Weigh In

V has been the subject of several research reports. Royal Bank Of Canada restated an "outperform" rating and set a $466.00 price target on shares of Visa in a report on Wednesday, October 28th. KeyCorp upped their price objective on shares of Visa from $415.00 to $425.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. Evercore set a $405.00 target price on shares of Visa in a research report on Wednesday, October 28th. Bank of America lifted their target price on shares of Visa from $410.00 to $430.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Finally, Rothschild & Co Redburn boosted their price target on shares of Visa from $430.00 to $444.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $440.82.

Insider Activity at Visa

In other news, CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at $5,582,059.38. This represents a 27.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,028 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $381.35, for a total transaction of $773,377.80. Following the transaction, the general counsel owned 18,404 shares in the company, valued at approximately $7,018,365.40. This trade represents a 9.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 27,395 shares of company stock worth $10,406,050. Insiders own 0.12% of the company's stock.

Visa News Summary

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its dividend by 16%. Truist also raised its price target to $470 and maintained a Buy rating, signaling analyst confidence in further upside. Visa earnings and dividend report Truist price target report
• Positive Sentiment: Visa is building six technology hubs in Singapore focused on AI, cybersecurity, and next-generation payments. The investment could strengthen its capabilities and support future commerce growth. Singapore technology hubs
• Neutral Sentiment: Visa launched an AI-shopping benchmark, highlighting potential opportunities in agentic commerce while noting that many test runs failed—evidence the technology is still developing. AI shopping benchmark announcement
• Negative Sentiment: Analysts have flagged rising client incentives and Visa’s premium valuation as risks that could constrain the case for buying the stock despite strong results. Zacks analysis of incentives and valuation
• Negative Sentiment: Gnosis Pay, a crypto-card provider that uses Visa, disclosed exposure of customers’ payment and personal data. The report says customer funds were safe; the incident was at Gnosis Pay’s legacy system, not Visa’s own platform, though it may raise broader questions about payment security. Gnosis Pay breach report

Visa Company Profile

Visa Inc operates a global payments network that connects consumers, merchants, financial institutions and governments. Its network supports the authorization, clearing and settlement of electronic payments, including transactions made in person and online.

The company's services include payment processing, fraud prevention, identity and risk management, and money-transfer solutions such as Visa Direct. Visa-branded credit, debit and prepaid cards are issued by participating financial institutions; Visa generally provides the network and related services rather than issuing cards or extending credit directly to consumers.

Visa traces its roots to BankAmericard, a bank card program launched in California in 1958.

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