North Dakota State Investment Board Acquires 2,338 Shares of Visa Inc. $V

North Dakota State Investment Board raised its stake in Visa Inc. (NYSE:V) by 4.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,022 shares of the credit-card processor’s stock after buying an additional 2,338 shares during the period. Visa comprises 0.7% of North Dakota State Investment Board’s holdings, making the stock its 21st biggest holding. North Dakota State Investment Board’s holdings in Visa were worth $18,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. First Fiduciary Investment Counsel Inc. increased its stake in shares of Visa by 8.9% during the third quarter. First Fiduciary Investment Counsel Inc. now owns 17,957 shares of the credit-card processor’s stock valued at $6,452,000 after buying an additional 1,472 shares during the period. Laurel Wealth Advisors LLC lifted its stake in Visa by 13.2% in the third quarter. Laurel Wealth Advisors LLC now owns 2,305 shares of the credit-card processor’s stock worth $828,000 after acquiring an additional 269 shares during the period. Sigma Investment Counselors Inc. lifted its stake in Visa by 11.7% in the third quarter. Sigma Investment Counselors Inc. now owns 18,295 shares of the credit-card processor’s stock worth $6,574,000 after acquiring an additional 1,917 shares during the period. Victory Financial Group LLC lifted its stake in Visa by 37.7% in the third quarter. Victory Financial Group LLC now owns 6,072 shares of the credit-card processor’s stock worth $2,182,000 after acquiring an additional 1,661 shares during the period. Finally, Guerra Pan Advisors LLC grew its holdings in Visa by 1.8% during the 3rd quarter. Guerra Pan Advisors LLC now owns 5,791 shares of the credit-card processor’s stock worth $2,081,000 after acquiring an additional 102 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on V. Cantor Fitzgerald reissued an “overweight” rating on shares of Visa in a research report on Wednesday. TD Cowen reaffirmed a “buy” rating and issued a $450.00 price target (up from $420.00) on shares of Visa in a research report on Wednesday. UBS Group reiterated a “buy” rating and set a $420.00 price objective (up from $410.00) on shares of Visa in a research note on Wednesday, July 29th. Citigroup reiterated a “buy” rating and set a $440.00 price objective (up from $400.00) on shares of Visa in a research note on Wednesday, July 29th. Finally, Robert W. Baird lifted their price objective on shares of Visa from $420.00 to $430.00 and gave the company an “outperform” rating in a report on Monday, October 12th. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $437.42.

Insider Transactions at Visa

In other news, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $358.81, for a total value of $2,108,008.75. Following the sale, the chief executive officer directly owned 15,174 shares in the company, valued at approximately $5,444,582.94. This trade represents a 27.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 1,867 shares of Visa stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total transaction of $687,690.78. Following the completion of the transaction, the general counsel directly owned 18,404 shares in the company, valued at approximately $6,778,929.36. The trade was a 9.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 21,520 shares of company stock worth $7,960,757 over the last 90 days. Company insiders own 0.12% of the company’s stock.

Visa Trading Down 0.3%

Shares of NYSE V opened at $400.79 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market capitalization of $715.18 billion, a P/E ratio of 34.08, a price-to-earnings-growth ratio of 1.92 and a beta of 0.77. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $414.60. The business has a fifty day moving average price of $379.47 and a 200 day moving average price of $341.60.

Visa (NYSE:V) last issued its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.04. Visa had a return on equity of 67.68% and a net margin of 50.78%. The company had revenue of $12.14 billion for the quarter, compared to the consensus estimate of $12.09 billion. During the same quarter last year, the company earned $2.98 earnings per share. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. Equities research analysts expect that Visa Inc. will post 13.22 EPS for the current fiscal year.

Visa Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 annualized dividend and a dividend yield of 0.8%. Visa’s payout ratio is currently 22.79%.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported adjusted earnings of $3.48 per share, exceeding the $3.43 consensus estimate, while revenue rose 13.2% year over year to $12.14 billion, ahead of expectations. Growth was supported by higher payment volumes, cross-border activity and processed transactions. Visa Q4 Earnings Beat Estimates on Strong Payment Volumes
• Positive Sentiment: Management highlighted resilient consumer spending, international payment growth, value-added services and stablecoin initiatives, while targeting double-digit revenue growth for fiscal 2027. Commentary that the U.S. consumer is holding up supports Visa’s near-term transaction outlook. Visa Q4 Earnings Call Highlights FY27 Outlook and Growth Priorities
• Positive Sentiment: Visa raised its quarterly dividend to $0.78 per share from $0.67, a 16.4% increase. The higher payout signals confidence in cash generation and strengthens the shareholder-return story, despite the stock’s relatively low 0.8% dividend yield.
• Positive Sentiment: JPMorgan raised its price target to $455, Barclays to $440 and Oppenheimer to $440, while RBC reaffirmed an “outperform” rating with a $466 target. The revisions reflect confidence in Visa’s earnings momentum and long-term growth prospects.
• Neutral Sentiment: Analysts cited Visa’s results as a favorable read-through for Mastercard, particularly on consumer spending and international transactions. This reinforces the health of the payments industry but offers only indirect benefit to Visa. Analyst Signals Favorable Earnings Setup for Mastercard After Visa’s Results
• Negative Sentiment: Higher client incentives and expenses, along with slightly slower payment-volume growth, could temper the earnings reaction. Visa’s premium valuation also leaves less room for execution disappointments.
• Negative Sentiment: Visa faces a collective lawsuit in the United Kingdom seeking about £5 billion on behalf of roughly one million businesses. The claim alleges excessive interchange fees and competition-law violations, creating a potentially significant legal and regulatory overhang. Visa Is Defending a UK Card Fee Lawsuit

About Visa

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.