TD Asset Management Inc Decreases Stock Holdings in Visa Inc. $V

TD Asset Management Inc trimmed its position in shares of Visa Inc. (NYSE:V) by 19.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,250,383 shares of the credit-card processor’s stock after selling 789,398 shares during the period. Visa comprises 0.9% of TD Asset Management Inc’s portfolio, making the stock its 22nd largest position. TD Asset Management Inc owned 0.18% of Visa worth $1,109,616,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Visa by 0.9% in the 2nd quarter. Vanguard Group Inc. now owns 162,544,006 shares of the credit-card processor’s stock worth $57,711,249,000 after buying an additional 1,461,575 shares during the period. Geode Capital Management LLC increased its stake in shares of Visa by 2.5% during the second quarter. Geode Capital Management LLC now owns 43,096,802 shares of the credit-card processor’s stock valued at $15,253,245,000 after buying an additional 1,067,631 shares during the period. Norges Bank bought a new position in shares of Visa during the second quarter valued at approximately $7,034,939,000. TCI Fund Management Ltd. lifted its stake in Visa by 14.6% in the second quarter. TCI Fund Management Ltd. now owns 19,067,558 shares of the credit-card processor’s stock worth $6,769,936,000 after acquiring an additional 2,429,996 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Visa by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 12,820,885 shares of the credit-card processor’s stock valued at $4,552,057,000 after acquiring an additional 145,665 shares in the last quarter. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Visa Price Performance

Shares of V opened at $307.29 on Wednesday. Visa Inc. has a fifty-two week low of $299.00 and a fifty-two week high of $375.51. The firm’s 50-day simple moving average is $334.82 and its two-hundred day simple moving average is $338.56. The stock has a market cap of $557.78 billion, a PE ratio of 28.83, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.11 and a current ratio of 1.11.

Visa (NYSE:V) last released its earnings results on Thursday, January 29th. The credit-card processor reported $3.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.14 by $0.03. The firm had revenue of $10.90 billion during the quarter, compared to analyst estimates of $10.69 billion. Visa had a net margin of 50.23% and a return on equity of 61.74%. The business’s revenue was up 14.6% on a year-over-year basis. During the same period last year, the business earned $2.75 earnings per share. Analysts anticipate that Visa Inc. will post 11.3 earnings per share for the current fiscal year.

Visa Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 10th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, February 10th. Visa’s payout ratio is 25.14%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. TD Cowen restated a “buy” rating on shares of Visa in a report on Friday, January 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Visa in a research report on Wednesday, January 21st. Truist Financial set a $372.00 price objective on shares of Visa in a report on Tuesday, February 10th. Freedom Capital raised Visa from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Finally, Piper Sandler set a $160.00 target price on Visa in a research report on Wednesday, January 28th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Visa currently has a consensus rating of “Buy” and an average price target of $391.43.

Insider Activity at Visa

In other news, CEO Ryan Mcinerney sold 10,485 shares of the firm’s stock in a transaction 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 directly owned 9,401 shares in the company, valued at $3,282,641.18. This trade represents a 52.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.12% of the company’s stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expands in Argentina — the company agreed to acquire Prisma Medios de Pago and Newpay to bring local processing infrastructure in‑house and roll out tokenization/biometric tools, supporting Latin American growth prospects. Visa Deepens Argentina Roots
• Positive Sentiment: Underlying fundamentals remain supportive — Visa recently beat on revenue and EPS, holds strong margins and ROE, and continues to generate high free cash flow, which investors treat as a stabilizer versus cyclical headlines. (Quarterly results released Jan. 29.)
• Neutral Sentiment: Europe is evaluating ways to reduce reliance on Visa/Mastercard — discussions about alternative settlement rails in the UK and eurozone are developing but face structural and political hurdles; a long‑term risk to interchange and network economics if alternatives scale. Is Europe ready to reduce reliance on Visa and Mastercard?
• Neutral Sentiment: Competitive landscape commentary — analyst pieces contrast Visa with fast‑growing BNPL/digital players like Affirm and debate PayPal’s strategic options; these highlight potential upside for challengers but don’t immediately undercut Visa’s core network economics. Visa vs Affirm
• Negative Sentiment: AI routing scare hit the sector — a Citrini Research scenario about AI agents routing payments around card networks sparked heavy selling across payments firms, pressuring Visa and peers on concerns over future processing fee erosion. AI scenario spooked payments sector
• Negative Sentiment: Regulatory setback in Mexico — Mexico’s antitrust regulator blocked Visa’s proposed controlling stake in Prosa, signaling tougher review of market consolidation and data/competition concerns in an important growth market. Mexico blocks Visa-Prosa acquisition
• Negative Sentiment: Merchant fee pressure risk — reports from other markets (e.g., New Zealand) show retailers warning that bans on card surcharges could push prices higher and squeeze merchant economics, which would indirectly pressure network/processor fee dynamics over time. NZ retailers warn on surcharge ban

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.