Visa (NYSE:V) Given New $470.00 Price Target at Truist Financial

Visa (NYSE:V) had its target price raised by equities research analysts at Truist Financial from $443.00 to $470.00 in a research note issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the credit-card processor’s stock. Truist Financial‘s price objective would indicate a potential upside of 9.15% from the company’s previous close.

Other research analysts also recently issued reports about the stock. DZ Bank reiterated a “buy” rating on shares of Visa in a research report on Monday, August 3rd. Rothschild & Co Redburn lifted their price target on shares of Visa from $430.00 to $444.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wolfe Research reissued an “outperform” rating and set a $460.00 price objective (up from $435.00) on shares of Visa in a research report on Tuesday, August 25th. Weiss Ratings lowered Visa from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, October 28th. Finally, Erste Group Bank raised Visa from a “hold” rating to a “buy” rating in a report on Monday, July 27th. 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 MarketBeat, the company currently has an average rating of “Buy” and an average target price of $440.82.

Visa Stock Performance

Shares of NYSE:V traded down $5.98 during trading on Thursday, hitting $430.59. The company’s stock had a trading volume of 3,269,442 shares, compared to its average volume of 7,479,539. The company has a 50-day moving average of $384.21 and a 200-day moving average of $343.74. Visa has a 12 month low of $293.89 and a 12 month high of $442.23. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99. The firm has a market cap of $768.36 billion, a price-to-earnings ratio of 34.92, a P/E/G ratio of 1.79 and a beta of 0.80.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. The company had revenue of $12.14 billion for the quarter, compared to the consensus estimate of $12.09 billion. Visa had a net margin of 51.20% and a return on equity of 70.50%. The firm’s revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm posted $2.98 earnings per share. On average, sell-side analysts expect that Visa will post 15.02 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $367.87, for a total value of $2,161,236.25. Following the completion of the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,582,059.38. This represents a 27.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $381.35, for a total transaction of $773,377.80. Following the sale, the general counsel owned 18,404 shares in the company, valued at $7,018,365.40. The trade was a 9.93% 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 quarter, insiders sold 27,395 shares of company stock valued at $10,406,050. Company insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On Visa

Institutional investors have recently bought and sold shares of the business. Cornerstone Wealth Management LLC increased its holdings in Visa by 2.1% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 13,081 shares of the credit-card processor’s stock valued at $4,700,000 after acquiring an additional 272 shares during the last quarter. Csenge Advisory Group raised its holdings in Visa by 45.2% during the 3rd quarter. Csenge Advisory Group now owns 15,569 shares of the credit-card processor’s stock valued at $5,594,000 after buying an additional 4,846 shares during the period. D.B. Root & Company LLC lifted its position in Visa by 1.1% in the third quarter. D.B. Root & Company LLC now owns 2,255 shares of the credit-card processor’s stock worth $810,000 after buying an additional 25 shares during the last quarter. D Orazio & Associates Inc. boosted its stake in Visa by 1.8% during the third quarter. D Orazio & Associates Inc. now owns 6,584 shares of the credit-card processor’s stock worth $2,366,000 after buying an additional 116 shares during the period. Finally, Marathon Wealth Advisors LLC boosted its stake in Visa by 0.4% during the third quarter. Marathon Wealth Advisors LLC now owns 18,810 shares of the credit-card processor’s stock worth $6,759,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa raised its quarterly dividend 16% to $0.78 per share, signaling confidence in cash generation. The payout remains modest relative to earnings, leaving room for future increases. Article: Visa dividend increase
• Positive Sentiment: Visa is establishing six technology hubs in Singapore focused on areas including AI, cybersecurity, quantum computing and next-generation payments. The initiative could support innovation and new services across its global network. Article: Visa establishes Singapore capability hubs
• Positive Sentiment: Verifone has deployed Visa’s Featurespace fraud-screening technology across its payment gateways. The partnership extends Visa’s fraud-prevention products to more merchants and may help reduce fraud losses and chargebacks. Article: Verifone adopts Visa Featurespace
• Neutral Sentiment: Visa launched an AI-shopping benchmark, reporting that nearly half of test runs failed. It raises Visa’s profile in agentic commerce, but also highlights that the technology remains unreliable and its commercial impact is uncertain. Article: Visa launches AI-shopping benchmark
• Neutral Sentiment: Visa’s holiday survey points to continued gift spending, while inflation and higher airfares are making consumers more deliberate. This offers a mixed signal for payment volumes. Article: Visa survey on holiday spending
• Neutral Sentiment: Zacks Research made small, mixed adjustments to quarterly EPS forecasts; its published estimates still point to earnings growth in coming years. The revisions appear limited and do not indicate a major shift in outlook.
• Negative Sentiment: Reports of CEO Ryan McInerney selling 5,875 shares may weigh on sentiment. The transaction was made under a pre-arranged trading plan, which reduces its value as a signal about his view of Visa’s prospects. Article: Visa CEO stock sale

Visa Company Profile

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.