Visa Inc. $V Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its position in shares of Visa Inc. (NYSE:V) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,182,750 shares of the credit-card processor’s stock after buying an additional 3,373 shares during the period. Visa comprises approximately 1.1% of TD Waterhouse Canada Inc.’s holdings, making the stock its 26th biggest holding. TD Waterhouse Canada Inc. owned about 0.07% of Visa worth $415,306,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. XXEC Inc. grew its stake 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 in the last quarter. Norges Bank acquired a new position in shares of Visa in the fourth quarter worth about $5,877,738,000. Cardano Risk Management B.V. boosted its holdings in Visa by 867.6% in the fourth quarter. Cardano Risk Management B.V. now owns 8,213,610 shares of the credit-card processor’s stock valued at $2,880,595,000 after purchasing an additional 7,364,762 shares during the last quarter. Diamant Asset Management Inc. grew its stake in Visa by 29,706.3% during the 1st quarter. Diamant Asset Management Inc. now owns 7,332,947 shares of the credit-card processor’s stock valued at $2,216,310,000 after purchasing an additional 7,308,345 shares in the last quarter. Finally, Jupiter Topco LLC acquired a new stake in Visa during the 2nd quarter valued at approximately $1,435,262,000. Institutional investors and hedge funds own 82.15% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. upped their target price on Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Wells Fargo & Company reissued an “overweight” rating and set a $432.00 price target (up from $412.00) on shares of Visa in a research report on Thursday, July 30th. Morgan Stanley restated an “overweight” rating and issued a $416.00 price target on shares of Visa in a research note on Wednesday, July 29th. BNP Paribas Exane raised shares of Visa to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Robert W. Baird increased their price objective on shares of Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $416.62.

Visa Stock Performance

Shares of V opened at $379.17 on Friday. The firm has a fifty day moving average of $362.88 and a 200-day moving average of $332.97. The company has a market cap of $676.60 billion, a price-to-earnings ratio of 32.24, a price-to-earnings-growth ratio of 2.03 and a beta of 0.76. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $385.57.

Visa (NYSE:V) last released its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. The business had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.98 EPS. As a group, equities analysts anticipate that Visa Inc. will post 13.16 earnings per share for the current year.

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were paid a $0.67 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. Visa’s dividend payout ratio (DPR) is presently 22.79%.

Insider Buying and Selling at Visa

In related news, CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $379.65, for a total value of $2,230,443.75. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,760,809.10. This represents a 27.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Mahon sold 57,272 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the transaction, the insider directly owned 49,662 shares of the company’s stock, valued at $18,125,140.14. This trade represents a 53.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 104,537 shares of company stock worth $37,540,837. 0.12% of the stock is owned by company insiders.

Visa News Summary

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa launched an enhanced A2A Protect platform featuring real-time risk insights and a unified fraud score incorporating Featurespace technology. The product is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s fraud-prevention and software revenue. Visa launches enhanced A2A Protect
• Positive Sentiment: Visa integrated with Handwave to allow cards to be linked to palm biometrics for payments. The technology could improve checkout convenience and security while supporting growth in tokenized and biometric transactions. Handwave Visa palm biometrics integration
• Positive Sentiment: Visa’s network is being used in additional stablecoin applications, including Advasa’s upgraded Visa card with USDC payment support. Broader stablecoin acceptance could create longer-term transaction opportunities, complementing Visa’s recent 14.4% revenue growth and quarterly earnings beat. Advasa expands Visa card to support USDC
• Neutral Sentiment: Twenty-one financial institutions are reportedly advancing a jointly backed stablecoin venture, signaling that competition is shifting toward payment infrastructure and distribution. The development validates the stablecoin market but could increase competition with Visa’s role as the payments industry develops. Stablecoins this week
• Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares for approximately $2.23 million, and General Counsel Julie Rottenberg previously sold about $773,000. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their value as signals of deteriorating business expectations, though the sales may weigh on sentiment. Visa insider selling
• Negative Sentiment: Reports that Robinhood memecoin purchases made with credit cards may be coded as digital-media transactions could draw scrutiny over rewards eligibility and transaction classification. Any resulting disputes or policy changes could create friction for Visa and card issuers in crypto-related payments. Robinhood memecoin credit-card coding

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.