Visa Inc. $V Stock Position Lifted by Clearstead Advisors LLC

Key Points

• Clearstead Advisors LLC boosted its Visa stake by 6.1% in the fourth quarter, bringing its holdings to 65,665 shares worth about $23.0 million.
• Visa continues to have strong institutional support, with hedge funds and other institutions owning 82.15% of the stock, while analysts remain bullish with a consensus “Buy” rating and an average price target of $387.67.
• The company posted solid quarterly results, with EPS of $3.31 and revenue of $11.23 billion, both above expectations, and it also announced a quarterly dividend plus a $20 billion share repurchase plan.

Clearstead Advisors LLC increased its position in Visa Inc. (NYSE:V - Free Report) by 6.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,665 shares of the credit-card processor's stock after buying an additional 3,770 shares during the quarter. Clearstead Advisors LLC's holdings in Visa were worth $23,029,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Patron Partners LLC lifted its holdings in shares of Visa by 0.6% in the third quarter. Patron Partners LLC now owns 4,648 shares of the credit-card processor's stock valued at $1,587,000 after buying an additional 30 shares during the period. MTM Investment Management LLC lifted its holdings in shares of Visa by 0.9% in the third quarter. MTM Investment Management LLC now owns 3,344 shares of the credit-card processor's stock valued at $1,142,000 after buying an additional 30 shares during the period. High Note Wealth LLC lifted its holdings in shares of Visa by 6.8% in the third quarter. High Note Wealth LLC now owns 474 shares of the credit-card processor's stock valued at $162,000 after buying an additional 30 shares during the period. Beacon Capital Management LLC lifted its holdings in shares of Visa by 2.0% in the third quarter. Beacon Capital Management LLC now owns 1,541 shares of the credit-card processor's stock valued at $526,000 after buying an additional 30 shares during the period. Finally, Chapman Financial Group LLC lifted its holdings in shares of Visa by 0.9% in the third quarter. Chapman Financial Group LLC now owns 3,211 shares of the credit-card processor's stock valued at $1,096,000 after buying an additional 30 shares during the period. Institutional investors and hedge funds own 82.15% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on V. Truist Financial set a $371.00 price objective on Visa and gave the company a "buy" rating in a report on Tuesday, May 12th. Cantor Fitzgerald restated an "overweight" rating and issued a $400.00 price objective on shares of Visa in a report on Wednesday, April 29th. Evercore set a $350.00 price objective on Visa in a report on Wednesday, April 29th. Citigroup cut their price objective on Visa from $450.00 to $400.00 and set a "buy" rating for the company in a report on Tuesday, April 14th. Finally, UBS Group boosted their target price on Visa from $390.00 to $410.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Six investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $387.67.

Insider Activity at Visa

In related news, CFO Chris Suh sold 10,639 shares of the company's stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the transaction, the chief financial officer directly owned 9,872 shares of the company's stock, valued at approximately $3,206,524.32. The trade was a 51.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryan Mcinerney sold 31,455 shares of the company's stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at $5,161,284.36. The trade was a 67.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 42,744 shares of company stock valued at $14,356,010. Company insiders own 0.12% of the company's stock.

Visa Stock Up 0.1%

Shares of Visa stock opened at $329.21 on Monday. The stock's fifty day moving average is $312.77 and its 200-day moving average is $325.34. The firm has a market capitalization of $590.53 billion, a PE ratio of 28.68, a price-to-earnings-growth ratio of 1.76 and a beta of 0.78. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $375.51.

Visa (NYSE:V - Get Free Report) last announced its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.10 by $0.21. The company had revenue of $11.23 billion for the quarter, compared to analyst estimates of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.Visa's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.76 earnings per share. Equities analysts anticipate that Visa Inc. will post 13.09 earnings per share for the current year.

Visa Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, May 12th. Visa's payout ratio is presently 23.34%.

Visa declared that its board has authorized a stock repurchase plan on Tuesday, April 28th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa is expanding its push into digital payments by testing stablecoin settlement in Canada and advancing AI-enabled “agentic commerce” tools, which could support long-term transaction growth and keep the company relevant as payment methods evolve. Visa Tests Stablecoin Settlement And AI Commerce To Shape Future Fees
• Positive Sentiment: Visa’s partnership with Trip.com to target digital-first travelers in Asia-Pacific adds another growth avenue in travel spending, a high-volume category that can boost payment network activity. Visa and Trip.com Partner to Reach Digital-First Travelers in Asia-Pacific
• Neutral Sentiment: Several reports framed Visa as a long-term beneficiary of crypto and blockchain adoption, but these pieces were more thesis-driven than near-term catalysts for the stock. Crypto and Blockchain Stocks Positioned for Long-Term Growth
• Neutral Sentiment: Visa continues to receive favorable analyst coverage, with brokerages assigning an average “Buy” rating, which supports sentiment but does not appear to be a new catalyst. Visa Inc. Receives Average Recommendation of "Buy" from Brokerages
• Negative Sentiment: Visa is facing renewed regulatory scrutiny in the U.K. and Europe, where authorities are pushing for more fee transparency and alternative payment options, raising the risk of pressure on card-network fees and market power. Should Visa & Mastercard Investors Worry About UK & Europe's Moves?
• Negative Sentiment: The UK Payments Systems Regulator also proposed new reporting rules for Visa and Mastercard after saying the two networks do not face effective competition, reinforcing concerns about tighter oversight. UK PSR proposes new reporting rules for Mastercard and Visa
• Negative Sentiment: Visa’s own fraud warnings highlight a rising threat from AI-powered scams and criminal targeting of consumers, which could increase compliance and security costs even if the company is helping defend against the problem. Visa Says Criminals Target People as Core Payment Security Tightens

Visa Company Profile

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world's largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa's network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa's product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.

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