The Manufacturers Life Insurance Company Increases Stock Holdings in Visa Inc. $V

The Manufacturers Life Insurance Company increased its position in shares of Visa Inc. (NYSE:V) by 23.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,343,195 shares of the credit-card processor’s stock after acquiring an additional 445,775 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Visa were worth $803,925,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. XXEC Inc. increased its holdings in shares of Visa by 153,118.8% during the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after buying an additional 186,138,883 shares during the last quarter. Norges Bank acquired a new position in Visa in the fourth quarter valued at approximately $5,877,738,000. Cardano Risk Management B.V. lifted 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 acquiring an additional 7,364,762 shares during the last quarter. Diamant Asset Management Inc. grew its position in Visa by 29,706.3% in the first quarter. Diamant Asset Management Inc. now owns 7,332,947 shares of the credit-card processor’s stock worth $2,216,310,000 after acquiring an additional 7,308,345 shares during the period. Finally, Jupiter Topco LLC purchased a new position in Visa in the second quarter worth approximately $1,435,262,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa Stock Down 0.0%

NYSE:V opened at $367.30 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. The stock’s fifty day moving average is $365.25 and its two-hundred day moving average is $334.80. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $385.57. The stock has a market capitalization of $655.42 billion, a price-to-earnings ratio of 31.23, a price-to-earnings-growth ratio of 1.97 and a beta of 0.76.

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

Visa Announces Dividend

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

Insider Buying and Selling at Visa

In other news, General Counsel Julie B. Rottenberg sold 2,028 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $381.35, for a total value of $773,377.80. Following the completion of the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $7,018,365.40. This trade represents a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 20,970 shares of Visa stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,162,953.50. This trade represents a 58.02% 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 a total of 106,404 shares of company stock valued at $38,228,528 in the last three months. 0.12% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on V shares. Truist Financial set a $406.00 target price on Visa and gave the company a “buy” rating in a research report on Wednesday, August 5th. Susquehanna reiterated a “positive” rating and set a $427.00 price target (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Wells Fargo & Company reissued an “overweight” rating and set a $432.00 price objective (up from $412.00) on shares of Visa in a research report on Thursday, July 30th. Clear Str upgraded shares of Visa to a “strong-buy” rating in a report on Thursday, July 16th. Finally, UBS Group reaffirmed a “buy” rating and issued a $420.00 target price (up from $410.00) on shares of Visa in a research report on Wednesday, July 29th. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to data from MarketBeat, Visa currently has an average rating of “Buy” and an average price target of $416.62.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Stablecoin and blockchain expansion: Visa is reportedly committing up to $2.5 billion to put card-settlement financing onchain, using settlement data and smart contracts to help fintechs access working capital. Visa also has more than 160 stablecoin-linked card programs and is testing stablecoin settlement through Visa Direct, potentially creating new transaction and financing revenue streams. Visa’s $2.5 billion crypto credit bet puts card settlement financing onchain
• Positive Sentiment: AI-agent payments initiative: Visa, Mastercard and Ant International are developing a “Know Your Agent” interoperability framework to standardize identification and onboarding for AI agents conducting transactions. If adopted, the framework could help Visa capture future agentic-commerce volume and reinforce its role in payment authentication. Payment firms Visa, Mastercard and Ant International team up on AI agent trust framework
• Positive Sentiment: International growth opportunities: Visa partnered with the World Bank’s IFC on a risk-sharing initiative intended to expand digital payments in emerging markets. Its partnership with India’s PhonePe also adds cardless payment capabilities for Indian consumers and merchants, supporting cross-border volume growth. Visa and World Bank Group Announce New Risk-Sharing Initiative
• Neutral Sentiment: Execution and valuation remain important: Visa’s recent quarterly results showed 14.4% revenue growth and earnings above expectations, but the stock trades at roughly 29 times adjusted trailing earnings. Investors are weighing its strong margins and growth prospects against a premium valuation and questions about future margin performance. Is Visa Stock Expensive, Or Just Waiting On Its Margin?
• Negative Sentiment: Near-term pressure and trust concerns: Visa’s stock moved lower with financial shares in the broader market selloff. In addition, Visa’s research found that only 23% of U.S. consumers trust generative AI to handle payments, highlighting a significant adoption hurdle for agentic commerce. General Counsel Julie Rottenberg also sold shares under a pre-arranged Rule 10b5-1 plan; while routine insider selling is not necessarily bearish, it adds a modest sentiment headwind. What’s Going On With Visa Stock Thursday?

About Visa

Visa Inc is a global payments technology company that operates one of the world’s largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa’s products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.