Visa Inc. $V Stake Reduced by Accuvest Global Advisors

Key Points

• Accuvest Global Advisors cut its Visa stake by 49.2% in the third quarter, selling 5,554 shares and retaining 5,733 shares worth about $2.06 million.
• Visa posted quarterly earnings and revenue above analysts’ estimates, with revenue up 13.2% year over year. It also raised its quarterly dividend from $0.67 to $0.78 per share.
• Analyst sentiment remains broadly positive: Visa has an average “Buy” rating and an average price target of $440.82, though analysts have flagged rising client incentives and the stock’s premium valuation as risks.

Accuvest Global Advisors trimmed its holdings in Visa Inc. (NYSE:V - Free Report) by 49.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,733 shares of the credit-card processor's stock after selling 5,554 shares during the quarter. Visa accounts for about 1.5% of Accuvest Global Advisors' portfolio, making the stock its 21st biggest holding. Accuvest Global Advisors' holdings in Visa were worth $2,060,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. XXEC Inc. grew its holdings in shares of Visa by 153,118.8% in the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor's stock worth $63,904,097,000 after acquiring an additional 186,138,883 shares during the last quarter. State Street Corp increased its stake in Visa by 0.7% in the 2nd quarter. State Street Corp now owns 82,872,209 shares of the credit-card processor's stock worth $28,432,626,000 after purchasing an additional 566,194 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Visa by 13.0% in 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 worth $5,393,398,000 after purchasing an additional 1,808,496 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Visa by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,842,842 shares of the credit-card processor's stock worth $2,672,655,000 after purchasing an additional 316,559 shares in the last quarter. Finally, Amundi raised its holdings in Visa by 16.5% during the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor's stock worth $2,646,911,000 after buying an additional 1,092,315 shares during the period. Institutional investors own 82.15% of the company's stock.

Key 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

Analysts Set New Price Targets

A number of research firms have commented on V. BMO Capital Markets set a $438.00 price objective on shares of Visa and gave the company an "outperform" rating in a research note on Wednesday, October 28th. KeyCorp raised their target price on shares of Visa from $415.00 to $425.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. DZ Bank reissued a "buy" rating on shares of Visa in a research report on Monday, August 3rd. Cantor Fitzgerald restated an "overweight" rating and set a $500.00 price target (up from $445.00) on shares of Visa in a report on Wednesday, October 28th. Finally, Susquehanna set a $480.00 price target on shares of Visa and gave the company a "positive" rating in a research report on Monday, October 26th. Two research analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the company's stock. According to MarketBeat, Visa currently has an average rating of "Buy" and an average price target of $440.82.

Insider Buying and Selling

In related news, CEO Ryan Mcinerney sold 5,875 shares of the business's stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $416.22, for a total transaction of $2,445,292.50. Following the transaction, the chief executive officer directly owned 15,174 shares of the company's stock, valued at approximately $6,315,722.28. The trade was a 27.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 1,867 shares of the company's stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total transaction of $687,690.78. Following the completion of the transaction, the general counsel owned 18,404 shares in the company, valued at approximately $6,778,929.36. This represents a 9.21% 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. Insiders sold 27,395 shares of company stock valued at $10,406,050 over the last three months. 0.12% of the stock is owned by insiders.

Visa Stock Up 0.0%

NYSE:V opened at $422.76 on Monday. The firm has a market capitalization of $754.39 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 1.80 and a beta of 0.80. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $442.23. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.54. The business's fifty day moving average price is $385.86 and its 200 day moving average price is $344.69.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, topping analysts' consensus estimates 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 analyst estimates of $12.09 billion. During the same period last year, the company posted $2.98 EPS. The business's quarterly revenue was up 13.2% compared to the same quarter last year. On average, sell-side analysts forecast that Visa Inc. will post 15.02 earnings per share for the current fiscal year.

Visa Increases Dividend

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

Visa 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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