Visa Inc. $V Stock: Norris Perne & French LLP MI Raises Stake

Key Points

• Norris Perne & French LLP MI increased its Visa stake by 157.5% in the third quarter, owning 143,546 shares valued at approximately $51.6 million. Institutional investors and hedge funds collectively own 82.15% of Visa.
• Visa reported quarterly EPS of $3.32 and revenue of $11.63 billion, exceeding analyst expectations, while revenue grew 14.4% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $427.24.
• Visa is pursuing growth through tokenization, AI-enabled commercial payments, stablecoin initiatives and fraud-prevention services, but its premium valuation and recent sector-wide payment-stock pressure remain risks.

Norris Perne & French LLP MI boosted its stake in Visa Inc. (NYSE:V - Free Report) by 157.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 143,546 shares of the credit-card processor's stock after buying an additional 87,794 shares during the period. Visa accounts for approximately 2.3% of Norris Perne & French LLP MI's investment portfolio, making the stock its 8th largest holding. Norris Perne & French LLP MI's holdings in Visa were worth $51,580,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. XXEC Inc. boosted its holdings in shares of Visa by 153,118.8% during the second quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor's stock valued at $63,904,097,000 after acquiring an additional 186,138,883 shares during the period. State Street Corp grew its position in shares of Visa by 0.7% during the second quarter. State Street Corp now owns 82,872,209 shares of the credit-card processor's stock worth $28,432,626,000 after acquiring an additional 566,194 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of 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 acquiring an additional 1,808,496 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of 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 acquiring an additional 316,559 shares during the period. Finally, Amundi increased its holdings in shares of Visa by 16.5% in the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor's stock worth $2,646,911,000 after acquiring an additional 1,092,315 shares during the period. 82.15% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Tokenization may support revenue growth. UBS said Visa and Mastercard could generate additional revenue as digital transactions expand and merchants adopt tokenized payments to improve security and reduce fraud. Tokenization could contribute low-single-digit percentage growth to total revenue and a somewhat larger contribution to value-added services. UBS tokenization revenue article
• Positive Sentiment: Visa is building new growth channels in commercial payments. The company introduced tools using AI agents, virtual-card security and fraud prevention for business payments. Visa is also participating in cross-border stablecoin and tokenized-bank-deposit initiatives involving Singapore, Malaysia and Thailand. These efforts could expand payment volume and Visa’s technology-related services over time. Visa AI and stablecoin technology article
• Positive Sentiment: Analyst estimates edged higher. Erste Group raised its fiscal 2027 EPS forecast for Visa to $15.04 from $15.01 and maintained a Buy rating, reinforcing confidence in the company’s earnings outlook. Visa analyst estimates
• Neutral Sentiment: Reports of a Fireblocks acquisition were denied. Fireblocks said rumors that Visa was pursuing a roughly $2.5 billion acquisition were not true, removing speculation about a potentially significant crypto expansion or acquisition cost. Fireblocks acquisition report
• Negative Sentiment: Payment stocks faced sector-wide pressure. Visa and Mastercard slipped alongside American Express after investors questioned the quality and sustainability of American Express’s quarterly revenue and tax-related results. The reaction suggests investors may be demanding stronger evidence of durable growth ahead of Visa’s earnings report. Payment stocks sector pressure article
• Negative Sentiment: Valuation and execution risks remain. With Visa trading at a premium earnings multiple and approaching its 52-week high, investors may be taking profits while awaiting confirmation that AI, stablecoins and tokenization will materially accelerate revenue. Visa’s reported workforce reductions also highlight potential restructuring and automation-related uncertainty.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. BNP Paribas Exane boosted their target price on shares of Visa from $420.00 to $425.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Truist Financial set a $443.00 target price on shares of Visa and gave the stock a "buy" rating in a research report on Friday. Robert W. Baird raised their price target on shares of Visa from $420.00 to $430.00 and gave the company an "outperform" rating in a research note on Monday, October 12th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $466.00 price target (up from $412.00) on shares of Visa in a report on Monday, August 31st. Finally, KeyCorp lifted their price target on Visa from $415.00 to $425.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating and thirty-four have issued a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $427.24.

Visa Stock Performance

NYSE:V opened at $408.02 on Monday. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $414.60. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The company has a 50-day moving average of $377.30 and a 200-day moving average of $350.38. The firm has a market cap of $728.08 billion, a price-to-earnings ratio of 34.70, a price-to-earnings-growth ratio of 1.92 and a beta of 0.77.

Visa (NYSE:V - Get Free Report) last released its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, topping analysts' consensus estimates of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business had revenue of $11.63 billion for the quarter, compared to the consensus estimate of $11.40 billion. During the same period in the previous year, the firm earned $2.98 EPS. The business's revenue for the quarter was up 14.4% on a year-over-year basis. Analysts forecast that Visa Inc. will post 13.22 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. Shareholders of record on Tuesday, August 11th were given a $0.67 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa's payout ratio is 22.79%.

Insiders Place Their Bets

In other news, insider Tullier Mahon sold 57,272 shares of the stock in a transaction on 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 completion of the sale, the insider owned 49,662 shares in the company, valued at approximately $18,125,140.14. This represents a 53.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ryan Mcinerney sold 5,875 shares of the firm's stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $358.81, for a total value of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares of the company's stock, valued at approximately $5,444,582.94. This represents a 27.91% 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. Over the last 90 days, insiders have sold 78,792 shares of company stock worth $28,863,319. 0.12% of the stock is owned by 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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