Visa Inc. $V Shares Purchased by Toth Financial Advisory Corp

Toth Financial Advisory Corp lifted its stake in Visa Inc. (NYSE:V) by 2.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,196 shares of the credit-card processor’s stock after purchasing an additional 1,349 shares during the period. Visa makes up 1.7% of Toth Financial Advisory Corp’s investment portfolio, making the stock its 10th largest holding. Toth Financial Advisory Corp’s holdings in Visa were worth $17,565,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in V. Mufg Securities Americas Inc. grew its position in Visa by 7.5% during the second quarter. Mufg Securities Americas Inc. now owns 49,988 shares of the credit-card processor’s stock worth $17,150,000 after buying an additional 3,481 shares during the period. Ferguson Wellman Capital Management Inc. lifted its position in shares of Visa by 1.2% during the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 360,504 shares of the credit-card processor’s stock valued at $123,685,000 after acquiring an additional 4,249 shares during the period. Tandem Capital Management Corp ADV lifted its position in shares of Visa by 21.1% during the 2nd quarter. Tandem Capital Management Corp ADV now owns 2,757 shares of the credit-card processor’s stock valued at $946,000 after acquiring an additional 480 shares during the period. Field & Main Bank purchased a new stake in shares of Visa during the 2nd quarter worth approximately $5,386,000. Finally, SPX Gestao de Recursos Ltda purchased a new stake in shares of Visa during the 2nd quarter worth approximately $15,616,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Visa Price Performance

Visa stock opened at $381.66 on Friday. The stock has a market capitalization of $681.05 billion, a P/E ratio of 32.45, a P/E/G ratio of 2.03 and a beta of 0.74. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $385.57. The firm’s 50-day moving average is $359.07 and its two-hundred day moving average is $331.43.

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

Visa Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 11th. Visa’s dividend payout ratio is presently 22.79%.

Analyst Ratings Changes

Several equities analysts recently weighed in on V shares. JPMorgan Chase & Co. raised their price objective on Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. TD Cowen reiterated a “buy” rating on shares of Visa in a research report on Wednesday, July 29th. BNP Paribas Exane raised Visa to a “strong-buy” rating in a report on Tuesday, July 21st. Truist Financial set a $406.00 price target on Visa and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $406.00 price objective 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 issued a Buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $414.54.

Insider Activity at Visa

In other news, insider Tullier Kelly Mahon sold 57,272 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the completion of the transaction, the insider owned 49,662 shares of the company’s stock, valued at $18,125,140.14. This represents a 53.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total transaction of $729,720.00. Following the transaction, the general counsel owned 18,404 shares in the company, valued at approximately $6,625,440. The trade was a 9.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 96,634 shares of company stock worth $34,537,016. 0.12% of the stock is currently owned by insiders.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Stablecoin and AI-payment partnership: Visa is working with Dunamu, the operator of South Korean cryptocurrency exchange Upbit, to develop stablecoin payments, cross-border remittances, settlement services and AI-powered commerce. The agreement could help Visa build institutional-grade digital-asset payment infrastructure across Asia while connecting cryptocurrency technology with its global network. Upbit operator Dunamu teams up with Visa on stablecoin and AI payments
• Positive Sentiment: Expanded cybersecurity product: Visa upgraded its AI-powered Vulnerability Agentic Harness to identify, remediate and validate cyber vulnerabilities for clients. The broader toolset may strengthen Visa’s value proposition to merchants and financial institutions and support growth in security-related services. Visa Rolls Out AI-Powered Cyber Vulnerability Patching for Clients
• Positive Sentiment: Merchant acceptance expansion: Visa’s partnership with Bluefin combines payment security, transaction routing and device management in a unified card-present platform. The offering could simplify deployment for large merchants, deepen customer relationships and expand Visa’s acceptance solutions. Visa Launches Unified Card Present Payment Platform for Global Merchants
• Positive Sentiment: Institutional endorsement: Bill Ackman’s Pershing Square added Visa and Mastercard during a major portfolio overhaul, providing a favorable signal from a prominent long-term investor. Bill Ackman Just Made His Biggest Portfolio Overhaul in Years
• Neutral Sentiment: Visa restored payment-network access in Syria through a live transaction, but Mastercard reportedly reached the market at nearly the same time, limiting any first-mover advantage. Visa Reopens Syria With One Payment and No Monopoly
• Negative Sentiment: Valuation risk: Visa recently reached a record high before giving up the breakout. With shares trading at roughly 32 times earnings, investors may demand continued strong growth, making the stock vulnerable to profit-taking or disappointing execution. Visa Hits Record, Then Surrenders the Breakout

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.