Visa Inc. $V Stock Holdings Reduced by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer reduced its Visa stake by 1.1% in the third quarter, selling 19,232 shares and retaining 1.74 million shares worth approximately $625.8 million. Institutional investors collectively own 82.15% of Visa.
• Visa reported quarterly EPS of $3.48 and revenue of $12.14 billion, exceeding analyst expectations; revenue increased 13.2% year over year. The company also raised its quarterly dividend from $0.67 to $0.78 per share.
• Analysts remain broadly bullish, with Visa carrying a consensus “Buy” rating and an average price target of $438.41, though potential margin pressure from technology costs and ongoing merchant litigation present risks.

Bank Julius Baer & Co. Ltd Zurich cut its stake in shares of Visa Inc. (NYSE:V - Free Report) by 1.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,735,366 shares of the credit-card processor's stock after selling 19,232 shares during the period. Visa makes up 1.6% of Bank Julius Baer & Co. Ltd Zurich's investment portfolio, making the stock its 12th biggest holding. Bank Julius Baer & Co. Ltd Zurich owned 0.10% of Visa worth $625,752,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in V. John Boyer Inc. bought a new stake in shares of Visa during the third quarter valued at approximately $27,000. Philadelphia Investment Partners LLC acquired a new stake in shares of Visa during the second quarter worth about $29,000. Virtus Advisers LLC bought a new position in shares of Visa in the second quarter valued at $33,000. Portfolio Resources Advisor Group Inc. acquired a new stake in Visa in the 3rd quarter worth about $35,000. Finally, DecisionPoint Financial LLC increased its position in Visa by 307.7% during the 3rd quarter. DecisionPoint Financial LLC now owns 106 shares of the credit-card processor's stock worth $38,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company's stock.

Visa Trading Up 0.0%

NYSE V opened at $413.69 on Monday. The stock has a market cap of $738.20 billion, a price-to-earnings ratio of 33.55, a PEG ratio of 1.76 and a beta of 0.77. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.97. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $417.00. The firm's 50 day moving average price is $381.31 and its two-hundred day moving average price is $342.25.

Visa (NYSE:V - Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.04. The company had revenue of $12.14 billion for 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%. Visa's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.98 EPS. Equities analysts anticipate that Visa Inc. will post 15.03 EPS for the current year.

Visa Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 0.8%. This is an increase 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 25.30%.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong operating trends: Visa’s latest earnings discussion highlighted resilient U.S. spending, accelerating cross-border volumes, commercial and e-commerce growth, and expanding value-added services. More than 60% of e-commerce transactions are now tokenized, supporting network security and long-term volume growth. 5 insightful analyst questions from Visa’s Q3 earnings call
• Positive Sentiment: China and international expansion: Visa and Tencent signed an agreement covering cross-border payments, international money transfers and AI-powered commerce. Visa also received approval to prepare for a domestic bank-card clearing business in China, potentially expanding its addressable market. Tencent, Visa deepen payments push in China
• Positive Sentiment: Digital-assets opportunity: Visa’s annualized stablecoin settlement volume reportedly surpassed $25 billion, while stablecoin-linked card programs exceeded 225. The progress reinforces Visa’s role in emerging payment infrastructure. Visa Stablecoin Settlement Tops $25 Billion
• Positive Sentiment: Shareholder returns and analyst support: Visa raised its quarterly dividend 16.4% to $0.78 per share. KeyCorp maintained an “Overweight” rating with a $425 target and projects EPS of $16.93 in fiscal 2028 and $19.00 in fiscal 2029. Wells Fargo separately lifted its target to $463, while RBC, Oppenheimer, Barclays and JPMorgan also issued favorable commentary. Wells Fargo raises Visa price target
• Neutral Sentiment: Industry backdrop: Cross-border activity and consumer spending remain supportive, but rising technology expenses and inflation could pressure payment-industry margins. Financial transaction stocks amid cost and inflation pressure
• Negative Sentiment: Merchant litigation risk: Visa’s agreement to drop the “honor all cards” rule settles part of a merchant dispute but could create uncertainty around acceptance practices and pricing power. Will ditching the honor all cards rule matter?

Analyst Ratings Changes

Several brokerages have recently commented on V. The Goldman Sachs Group increased their target price on shares of Visa from $420.00 to $438.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Truist Financial set a $443.00 price objective on Visa and gave the stock a "buy" rating in a research note on Friday, October 23rd. BMO Capital Markets set a $438.00 price objective on shares of Visa and gave the stock an "outperform" rating in a research note on Wednesday. Evercore set a $405.00 target price on shares of Visa in a research note on Wednesday. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $466.00 price target on shares of Visa 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 issued a Buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $438.41.

Insider Transactions at Visa

In other news, General Counsel Julie Rottenberg sold 1,867 shares of the firm'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 sale, the general counsel owned 18,404 shares in the company, valued at $6,778,929.36. This trade represents a 9.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total transaction of $2,108,008.75. Following the completion of the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,444,582.94. The trade was a 27.91% 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 a total of 21,520 shares of company stock worth $7,960,757 in the last 90 days. 0.12% of the stock is currently owned by company insiders.

Visa Profile

Visa Inc NYSE: V is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.

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