Greenleaf Trust Sells 5,392 Shares of Visa Inc. $V

Greenleaf Trust lowered its holdings in shares of Visa Inc. (NYSE:V) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 234,527 shares of the credit-card processor’s stock after selling 5,392 shares during the quarter. Visa makes up approximately 0.9% of Greenleaf Trust’s holdings, making the stock its 15th biggest position. Greenleaf Trust’s holdings in Visa were worth $84,273,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. XXEC Inc. raised its stake in shares of Visa by 153,118.8% in the second quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after buying an additional 186,138,883 shares during the period. Jupiter Topco LLC bought a new stake in shares of Visa during the second quarter valued at approximately $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Visa by 13.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,720,068 shares of the credit-card processor’s stock valued at $5,393,398,000 after acquiring an additional 1,808,496 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Visa by 33.1% in the first quarter. Janus Henderson Group PLC now owns 4,486,927 shares of the credit-card processor’s stock worth $1,356,090,000 after buying an additional 1,116,498 shares in the last quarter. Finally, Amundi boosted its position in shares of Visa by 16.5% during the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor’s stock valued at $2,646,911,000 after acquiring an additional 1,092,315 shares during the last quarter. 82.15% of the stock is owned by institutional investors.

Insider Buying and Selling at Visa

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $367.87, for a total value of $2,161,236.25. Following the sale, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,582,059.38. This represents a 27.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. 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 approximately $7,018,365.40. This represents a 9.93% decrease in their position. 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. In the last three months, insiders have sold 21,520 shares of company stock valued at $7,960,757. 0.12% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Robert W. Baird boosted their target price on shares of Visa from $420.00 to $430.00 and gave the stock an “outperform” rating in a report on Monday, October 12th. Susquehanna set a $480.00 price objective on Visa and gave the company a “positive” rating in a report on Monday, October 26th. Piper Sandler reaffirmed an “overweight” rating and set a $479.00 target price (up from $430.00) on shares of Visa in a research report on Wednesday. Oppenheimer lifted their price objective on Visa from $403.00 to $440.00 and gave the company an “outperform” rating in a report on Wednesday, October 28th. Finally, President Capital upped their target price on Visa from $411.00 to $474.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $438.41.

Visa Stock Up 0.0%

V stock opened at $413.69 on Monday. The stock has a market capitalization of $738.20 billion, a PE ratio of 33.55, a price-to-earnings-growth ratio of 1.76 and a beta of 0.77. The company has a quick ratio of 0.99, a current ratio of 0.97 and a debt-to-equity ratio of 0.54. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $417.00. The firm has a 50 day moving average of $381.31 and a 200 day moving average of $342.25.

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

Visa Increases Dividend

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

Key Visa News

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 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.