Visa Inc. $V Shares Sold by Sanders Capital LLC

Key Points

• Sanders Capital trimmed its Visa stake by 0.3%, selling 12,431 shares in the third quarter. It retained 4.78 million shares, valued at about $1.72 billion and representing 1.7% of its portfolio.
• Analyst sentiment remains positive: Visa has a consensus Buy rating and an average price target of $440.82.
• Visa’s latest quarterly results topped estimates, with revenue up 13.2% year over year, and the company raised its quarterly dividend from $0.67 to $0.78 per share.

Sanders Capital LLC trimmed its position in shares of Visa Inc. (NYSE:V - Free Report) by 0.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,783,872 shares of the credit-card processor's stock after selling 12,431 shares during the period. Visa makes up 1.7% of Sanders Capital LLC's portfolio, making the stock its 19th biggest holding. Sanders Capital LLC owned approximately 0.27% of Visa worth $1,718,989,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. XXEC Inc. increased its stake 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 purchasing an additional 186,138,883 shares during the period. Jupiter Topco LLC bought a new stake in Visa during the 2nd quarter valued at approximately $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted 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 purchasing an additional 1,808,496 shares during the period. Janus Henderson Group PLC boosted 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 purchasing an additional 1,116,498 shares during the period. Finally, Amundi grew its holdings in Visa by 16.5% in the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor's stock valued at $2,646,911,000 after buying an additional 1,092,315 shares during the last quarter. 82.15% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Bank of America lifted their price target on Visa from $410.00 to $430.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Wolfe Research reissued an "outperform" rating and issued a $460.00 price objective (up from $435.00) on shares of Visa in a research report on Tuesday, August 25th. Weiss Ratings cut Visa from a "buy (b+)" rating to a "buy (b)" rating in a research report on Wednesday, October 28th. Robert W. Baird raised their price objective on shares of Visa from $420.00 to $430.00 and gave the stock an "outperform" rating in a research note on Monday, October 12th. Finally, BMO Capital Markets set a $438.00 target price on shares of Visa and gave the stock an "outperform" rating in a research report on Wednesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company's stock. According to data from MarketBeat, Visa presently has a consensus rating of "Buy" and an average price target of $440.82.

More Visa News

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

Insiders Place Their Bets

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 value of $2,161,236.25. Following the completion of the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,582,059.38. This represents a 27.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the completion of the transaction, the general counsel owned 18,404 shares of the company's stock, valued at approximately $7,018,365.40. This represents a 9.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 27,395 shares of company stock valued at $10,406,050 over the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

Visa Stock Performance

V traded up $0.17 on Friday, hitting $422.76. 9,219,148 shares of the stock traded hands, compared to its average volume of 6,437,748. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $442.23. The company has a current ratio of 0.97, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $754.39 billion, a PE ratio of 34.29, a P/E/G ratio of 1.81 and a beta of 0.80. The business has a fifty day moving average price of $385.86 and a two-hundred day moving average price of $344.69.

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

Visa Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be paid a $0.78 dividend. The ex-dividend date is Tuesday, November 10th. This is a positive change from Visa's previous quarterly dividend of $0.67. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.7%. Visa's dividend payout ratio is currently 21.74%.

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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