State of Michigan Retirement System Sells 41,000 Shares of Visa Inc. $V

State of Michigan Retirement System lowered its position in shares of Visa Inc. (NYSE:V) by 6.9% during the fourth quarter, HoldingsChannel reports. The fund owned 553,223 shares of the credit-card processor’s stock after selling 41,000 shares during the quarter. Visa comprises about 0.9% of State of Michigan Retirement System’s portfolio, making the stock its 16th largest holding. State of Michigan Retirement System’s holdings in Visa were worth $194,021,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clayton Financial Group LLC grew its position in Visa by 446.2% during the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock worth $25,000 after acquiring an additional 58 shares during the last quarter. PayPay Securities Corp grew its position in Visa by 102.7% during the 4th quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock worth $26,000 after acquiring an additional 38 shares during the last quarter. Parvin Asset Management LLC grew its position in Visa by 200.0% during the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock worth $26,000 after acquiring an additional 50 shares during the last quarter. Dorato Capital Management bought a new stake in Visa during the 4th quarter worth $30,000. Finally, Imprint Wealth LLC bought a new stake in Visa during the 3rd quarter worth $39,000. Institutional investors own 82.15% of the company’s stock.

Key Headlines Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Q2 beats — Visa reported EPS of $3.31 and revenue of $11.23B, ahead of consensus; payments volume and processed transactions rose ~9%, and cross?border volume grew double digits, supporting the revenue beat and margin strength. Visa Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Capital returns boosted — the board authorized a new $20B multi-year share repurchase program and declared a quarterly dividend ($0.67), while the company repurchased/directed $9.2B in buybacks/dividends this quarter; this is a clear near-term EPS-support/cash-return catalyst. Visa shares jump 5.2% as Q2 results top expectations and board authorizes new $20B buyback
• Positive Sentiment: Analyst backdrop — several firms have reiterated/raised targets and the median 6?month price target sits well above the current price, giving upside in street expectations. Visa Inc. (V) Stock Rises on Q2 2026 Earnings
• Neutral Sentiment: Product/crypto initiatives — Visa is exploring stablecoin/on?chain payment rails (WeFi partnership) and partners are launching Visa?branded crypto cards in APAC; these expand addressable payment flows but timing and revenue impact remain uncertain. Visa, WeFi Partner on Everyday Stablecoin Payments
• Neutral Sentiment: Third?party crypto card launches (Bitbank, Aven) signal ecosystem adoption of Visa rails for crypto rewards/credit products but have limited near?term financial impact on Visa’s core processing revenue. Bitbank Enters the Credit Card Market With 0.5% Crypto Cashback
• Negative Sentiment: Legal overhang — retailers objected to a proposed ~$200B swipe?fee settlement with Visa and Mastercard; continued litigation or an altered settlement could be a material headline risk and cap upside until resolved. Retailers Object to $200 Billion Visa?Mastercard Swipe Fee Settlement
• Negative Sentiment: Insider and institutional flows — notable executive stock sales and large institutional reductions (reported in filings) may weigh on sentiment even as fundamentals improve. Visa shares jump 5.2% as Q2 results top expectations and board authorizes new $20B buyback

Insider Activity

In other news, Director Lloyd Carney sold 650 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $309.62, for a total value of $201,253.00. Following the transaction, the director directly owned 2,679 shares of the company’s stock, valued at $829,471.98. The trade was a 19.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.12% of the stock is owned by corporate insiders.

Visa Stock Down 0.1%

Shares of NYSE:V opened at $309.34 on Wednesday. The company has a market capitalization of $561.51 billion, a price-to-earnings ratio of 29.02, a P/E/G ratio of 1.78 and a beta of 0.80. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.11 and a quick ratio of 1.11. The business’s 50-day moving average is $309.59 and its 200-day moving average is $327.33. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $375.51.

Visa (NYSE:V) last announced its quarterly earnings data on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.74 billion. Visa had a return on equity of 61.74% and a net margin of 50.23%.The firm’s revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.76 EPS. Equities research analysts predict that Visa Inc. will post 12.84 earnings per share for the current year.

Visa declared that its board has authorized a share repurchase program on Tuesday, April 28th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Visa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, May 12th. Visa’s payout ratio is currently 25.14%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. BMO Capital Markets assumed coverage on Visa in a research report on Tuesday, April 21st. They set an “outperform” rating and a $365.00 price objective on the stock. Cantor Fitzgerald upgraded Visa to a “strong-buy” rating in a research report on Tuesday, January 27th. Loop Capital started coverage on Visa in a research report on Tuesday, March 31st. They issued a “buy” rating and a $387.00 price target on the stock. UBS Group reduced their price target on Visa from $425.00 to $390.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $411.00 price target (up from $398.00) on shares of Visa in a research report on Friday, January 30th. Seven equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Visa currently has a consensus rating of “Buy” and a consensus target price of $387.79.

Visa Profile

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.