Visa Inc. $V Stock Position Reduced by Palisade Asset Management LLC

Palisade Asset Management LLC reduced its position in shares of Visa Inc. (NYSE:V) by 3.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 42,764 shares of the credit-card processor’s stock after selling 1,329 shares during the period. Visa makes up about 1.5% of Palisade Asset Management LLC’s portfolio, making the stock its 22nd biggest holding. Palisade Asset Management LLC’s holdings in Visa were worth $15,366,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of V. John Boyer Inc. purchased a new stake in shares of Visa in the 3rd quarter valued at $27,000. Philadelphia Investment Partners LLC acquired a new position in Visa during the 2nd quarter worth about $29,000. Virtus Advisers LLC purchased a new position in Visa during the 2nd quarter valued at about $33,000. Portfolio Resources Advisor Group Inc. purchased a new position in Visa during the 3rd quarter valued at about $35,000. Finally, DecisionPoint Financial LLC boosted its holdings in Visa by 307.7% during the 3rd quarter. DecisionPoint Financial LLC now owns 106 shares of the credit-card processor’s stock valued at $38,000 after acquiring an additional 80 shares during the period. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Evercore set a $405.00 target price on Visa in a research report on Wednesday, October 28th. Daiwa Securities Group increased their price target on shares of Visa from $375.00 to $422.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Truist Financial raised their price objective on shares of Visa from $443.00 to $470.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada reissued an “outperform” rating and issued a $466.00 price objective on shares of Visa in a research note on Wednesday, October 28th. Finally, Bank of America lifted their price objective on shares of Visa from $410.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $440.82.

Insider Transactions at Visa

In other news, CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $416.22, for a total value of $2,445,292.50. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $6,315,722.28. This represents a 27.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 1,867 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total value of $687,690.78. Following the sale, the general counsel directly owned 18,404 shares in the company, valued at $6,778,929.36. This trade represents a 9.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 27,395 shares of company stock valued at $10,406,050 over the last ninety days. 0.12% of the stock is owned by company insiders.

Visa Price Performance

Visa stock opened at $422.76 on Friday. The stock has a market cap of $754.39 billion, a P/E ratio of 34.29, a price-to-earnings-growth ratio of 1.80 and a beta of 0.80. The company has a fifty day simple moving average of $385.86 and a 200-day simple moving average of $344.69. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $442.23. The company has a current ratio of 0.97, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54.

Visa (NYSE:V) last issued its earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. The firm had revenue of $12.14 billion during 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 company’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.98 earnings per share. Equities analysts expect that Visa Inc. will post 15.02 EPS for the current fiscal year.

Visa Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be issued a dividend of $0.78 per share. This is a positive change from Visa’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $3.12 dividend on an annualized basis and a yield of 0.7%. Visa’s dividend payout ratio (DPR) is presently 25.30%.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its dividend by 16%. Truist also raised its price target to $470 and maintained a Buy rating, signaling analyst confidence in further upside. Visa earnings and dividend report Truist price target report
• Positive Sentiment: Visa is building six technology hubs in Singapore focused on AI, cybersecurity, and next-generation payments. The investment could strengthen its capabilities and support future commerce growth. Singapore technology hubs
• Neutral Sentiment: Visa launched an AI-shopping benchmark, highlighting potential opportunities in agentic commerce while noting that many test runs failed—evidence the technology is still developing. AI shopping benchmark announcement
• Negative Sentiment: Analysts have flagged rising client incentives and Visa’s premium valuation as risks that could constrain the case for buying the stock despite strong results. Zacks analysis of incentives and valuation
• Negative Sentiment: Gnosis Pay, a crypto-card provider that uses Visa, disclosed exposure of customers’ payment and personal data. The report says customer funds were safe; the incident was at Gnosis Pay’s legacy system, not Visa’s own platform, though it may raise broader questions about payment security. Gnosis Pay breach report

Visa Company Profile

Visa Inc operates a global payments network that connects consumers, merchants, financial institutions and governments. Its network supports the authorization, clearing and settlement of electronic payments, including transactions made in person and online.

The company’s services include payment processing, fraud prevention, identity and risk management, and money-transfer solutions such as Visa Direct. Visa-branded credit, debit and prepaid cards are issued by participating financial institutions; Visa generally provides the network and related services rather than issuing cards or extending credit directly to consumers.

Visa traces its roots to BankAmericard, a bank card program launched in California in 1958.