Visa Inc. $V Shares Sold by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. lessened its stake in shares of Visa Inc. (NYSE:V) by 1.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,340 shares of the credit-card processor’s stock after selling 1,990 shares during the quarter. Visa accounts for 2.1% of Nippon Life Global Investors Americas Inc.’s investment portfolio, making the stock its 14th biggest position. Nippon Life Global Investors Americas Inc.’s holdings in Visa were worth $51,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. John Boyer Inc. purchased a new stake in shares of Visa during the third quarter valued at approximately $27,000. Philadelphia Investment Partners LLC acquired a new stake in Visa during the second quarter valued at approximately $29,000. Virtus Advisers LLC bought a new position in Visa during the 2nd quarter worth approximately $33,000. Portfolio Resources Advisor Group Inc. bought a new position in Visa during the 3rd quarter worth approximately $35,000. Finally, DecisionPoint Financial LLC grew its position in shares of Visa by 307.7% in the 3rd quarter. DecisionPoint Financial LLC now owns 106 shares of the credit-card processor’s stock worth $38,000 after acquiring an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Insider Activity

In other Visa news, General Counsel Julie B. Rottenberg sold 1,867 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total value of $687,690.78. Following the sale, the general counsel owned 18,404 shares in the company, valued at approximately $6,778,929.36. This trade represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,444,582.94. This represents a 27.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 21,520 shares of company stock worth $7,960,757. 0.12% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on V shares. Piper Sandler restated an “overweight” rating and set a $479.00 price objective (up from $430.00) on shares of Visa in a research note on Wednesday. Royal Bank Of Canada reissued an “outperform” rating and set a $466.00 target price on shares of Visa in a report on Wednesday, October 28th. Weiss Ratings downgraded shares of Visa from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday. Oppenheimer lifted their price target on shares of Visa from $403.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, October 28th. Finally, Loop Capital boosted their price objective on shares of Visa from $387.00 to $404.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company. According to MarketBeat, Visa currently has an average rating of “Buy” and a consensus price target of $438.41.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong operating trends: Visa’s latest earnings discussion highlighted resilient U.S. spending, accelerating cross-border volumes, commercial and e-commerce growth, and expanding value-added services. More than 60% of e-commerce transactions are now tokenized, supporting network security and long-term volume growth. 5 insightful analyst questions from Visa’s Q3 earnings call
• Positive Sentiment: China and international expansion: Visa and Tencent signed an agreement covering cross-border payments, international money transfers and AI-powered commerce. Visa also received approval to prepare for a domestic bank-card clearing business in China, potentially expanding its addressable market. Tencent, Visa deepen payments push in China
• Positive Sentiment: Digital-assets opportunity: Visa’s annualized stablecoin settlement volume reportedly surpassed $25 billion, while stablecoin-linked card programs exceeded 225. The progress reinforces Visa’s role in emerging payment infrastructure. Visa Stablecoin Settlement Tops $25 Billion
• Positive Sentiment: Shareholder returns and analyst support: Visa raised its quarterly dividend 16.4% to $0.78 per share. KeyCorp maintained an “Overweight” rating with a $425 target and projects EPS of $16.93 in fiscal 2028 and $19.00 in fiscal 2029. Wells Fargo separately lifted its target to $463, while RBC, Oppenheimer, Barclays and JPMorgan also issued favorable commentary. Wells Fargo raises Visa price target
• Neutral Sentiment: Industry backdrop: Cross-border activity and consumer spending remain supportive, but rising technology expenses and inflation could pressure payment-industry margins. Financial transaction stocks amid cost and inflation pressure
• Negative Sentiment: Merchant litigation risk: Visa’s agreement to drop the “honor all cards” rule settles part of a merchant dispute but could create uncertainty around acceptance practices and pricing power. Will ditching the honor all cards rule matter?

Visa Trading Up 0.0%

NYSE:V opened at $413.69 on Monday. The firm has a market capitalization of $738.20 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.76 and a beta of 0.77. The business has a 50 day simple moving average of $381.31 and a 200 day simple moving average of $342.25. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $417.00.

Visa (NYSE:V) last issued its earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.04. The firm had revenue of $12.14 billion for the quarter, compared to analyst estimates of $12.09 billion. Visa had a return on equity of 70.50% and a net margin of 51.20%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the company earned $2.98 earnings per share. Equities research analysts predict that Visa Inc. will post 15.03 EPS for the current year.

Visa Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be given a $0.78 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $3.12 annualized dividend and a yield of 0.8%. This is a boost from Visa’s previous quarterly dividend of $0.67. Visa’s payout ratio is 25.30%.

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.