Savvy Advisors Inc. lifted its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 17.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,234 shares of the credit-card processor’s stock after purchasing an additional 3,251 shares during the quarter. Savvy Advisors Inc.’s holdings in Visa were worth $7,590,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sonoma Allocations LLC bought a new position in Visa in the 3rd quarter worth about $710,000. AQR Capital Management LLC increased its stake in Visa by 1.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,241,348 shares of the credit-card processor’s stock valued at $438,196,000 after purchasing an additional 21,401 shares in the last quarter. Baltimore Washington Financial Advisors Inc. raised its holdings in Visa by 5.9% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 95,150 shares of the credit-card processor’s stock worth $33,783,000 after buying an additional 5,295 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in Visa by 2.6% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 574,043 shares of the credit-card processor’s stock worth $198,596,000 after buying an additional 14,581 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in shares of Visa by 24.1% in the third quarter. Federated Hermes Inc. now owns 823,262 shares of the credit-card processor’s stock worth $281,045,000 after buying an additional 159,906 shares in the last quarter. 82.15% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Zacks Research has lifted multiple near‑ and longer‑term EPS forecasts for Visa (Q2–FY2028 upgrades), which supports a higher earnings trajectory and helps justify current valuation multiples. Here’s Why Visa (V) is a Strong Momentum Stock
- Positive Sentiment: Mentions of a new crypto debit‑card tied to the Pudgy Penguins NFT project (reports indicate the card uses Visa rails) create a narrative that Visa continues to capture new payment corridors (crypto/consumer finance) — incremental volumes and interchange over time if partnerships scale. Pudgy Penguins (PENGU) Lifts After Visa Debit Card Reveal: What You Should Know
- Neutral Sentiment: Visa announced upcoming investor presentations (Morgan Stanley TMT on March 3; Wolfe Research FinTech on March 11). These events can provide management updates and near‑term cadence but are routine — potential for small guidance/strategy clarifications. Visa to Participate in Upcoming Investor Conferences
- Negative Sentiment: Europe is moving to reduce reliance on Visa and Mastercard (policy proposals/local initiatives), which creates regulatory and competitive risk — possible lower cross‑border volumes, pricing pressure or product reengineering in the region if measures advance. This is the clearest near‑term regulatory downside to monitor. Europe Moves to Cut Reliance on Visa and Mastercard
Visa Price Performance
Visa (NYSE:V – Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The credit-card processor reported $3.17 EPS for the quarter, topping the consensus estimate of $3.14 by $0.03. The company had revenue of $10.90 billion during the quarter, compared to analyst estimates of $10.69 billion. Visa had a return on equity of 61.74% and a net margin of 50.23%.Visa’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.75 earnings per share. On average, equities analysts anticipate that Visa Inc. will post 11.3 EPS for the current year.
Visa Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 10th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Visa’s dividend payout ratio is presently 25.14%.
Analysts Set New Price Targets
Several brokerages recently weighed in on V. Morgan Stanley reissued an “overweight” rating and set a $411.00 price target (up previously from $398.00) on shares of Visa in a research report on Friday, January 30th. Raymond James Financial reiterated an “outperform” rating and set a $408.00 target price (up from $398.00) on shares of Visa in a research note on Wednesday, October 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Visa in a report on Wednesday, January 21st. Evercore set a $380.00 price target on Visa in a report on Friday, December 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $395.00 price objective on shares of Visa in a research report on Friday, January 30th. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $392.21.
View Our Latest Stock Analysis on Visa
Insider Activity
In other Visa news, insider Paul D. Fabara sold 2,172 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $325.93, for a total transaction of $707,919.96. Following the completion of the sale, the insider directly owned 26,413 shares of the company’s stock, valued at approximately $8,608,789.09. This represents a 7.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryan Mcinerney sold 10,485 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $349.18, for a total transaction of $3,661,152.30. Following the completion of the transaction, the chief executive officer owned 9,401 shares in the company, valued at $3,282,641.18. The trade was a 52.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by corporate insiders.
About Visa
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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