Whittier Trust Co. of Nevada Inc. Purchases 7,434 Shares of Visa Inc. $V

Whittier Trust Co. of Nevada Inc. raised its position in Visa Inc. (NYSE:V) by 3.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 212,646 shares of the credit-card processor’s stock after acquiring an additional 7,434 shares during the quarter. Visa makes up about 1.3% of Whittier Trust Co. of Nevada Inc.’s investment portfolio, making the stock its 14th largest holding. Whittier Trust Co. of Nevada Inc.’s holdings in Visa were worth $64,502,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its stake in Visa by 50.1% in the 4th quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor’s stock valued at $6,522,000 after acquiring an additional 6,883 shares during the period. Revolve Wealth Partners LLC boosted its position in Visa by 68.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor’s stock worth $3,733,000 after purchasing an additional 4,817 shares during the period. Nicholas Hoffman & Company LLC. increased its holdings in shares of Visa by 4.6% in the first quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor’s stock valued at $3,834,000 after purchasing an additional 477 shares during the last quarter. Matrix Asset Advisors Inc. NY increased its holdings in shares of Visa by 16.9% in the second quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor’s stock valued at $402,000 after purchasing an additional 164 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its position in shares of Visa by 13.8% in the second quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor’s stock valued at $6,521,000 after purchasing an additional 2,230 shares during the period. Institutional investors own 82.15% of the company’s stock.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa’s stablecoin analytics showed record June adjusted transaction volume of $1.79 trillion, reinforcing the company’s growing role in digital payments and blockchain-based settlement activity. Stablecoin transaction volume hits record $1.79T in June
• Positive Sentiment: Juniper Research said network tokenisation could secure 2.4 trillion transactions from 2026 to 2030, highlighting a long-term growth tailwind for Visa’s fraud-reduction and payment-security services. Network Tokenisation to Secure 2.4 Trillion Global Transactions Between 2026 and 2030
• Positive Sentiment: Zacks published a bullish view that Visa is poised to beat earnings estimates again, which can help sentiment ahead of the next report. Why Visa (V) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Another Zacks note called Visa a top long-term stock, reinforcing the bullish case that the company remains a durable compounder. Why Visa (V) is a Top Stock for the Long-Term
• Neutral Sentiment: A Seeking Alpha article said Visa is fundamentally robust but suggested waiting for a better entry point, which is constructive but not a near-term catalyst. Visa Is Fundamentally Robust, But I’ll Wait For Better Entry Points
• Negative Sentiment: Visa General Counsel Julie B. Rottenberg sold 2,027 shares under a pre-arranged 10b5-1 plan, which may slightly pressure sentiment even though the trade was routine and disclosed. Visa stock news

Insider Buying and Selling at Visa

In related news, General Counsel Julie B. Rottenberg sold 2,027 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total value of $729,720.00. Following the transaction, the general counsel owned 18,404 shares in the company, valued at approximately $6,625,440. This trade represents a 9.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the transaction, the chief financial officer directly owned 9,872 shares of the company’s stock, valued at approximately $3,206,524.32. This trade represents a 51.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 75,581 shares of company stock valued at $25,627,975 in the last three months. Corporate insiders own 0.12% of the company’s stock.

Visa Stock Performance

NYSE V traded down $4.29 during trading on Tuesday, reaching $352.96. The company’s stock had a trading volume of 2,724,518 shares, compared to its average volume of 8,043,930. The firm has a 50 day moving average price of $327.17 and a 200 day moving average price of $324.74. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $365.02. The firm has a market capitalization of $633.13 billion, a price-to-earnings ratio of 30.82, a price-to-earnings-growth ratio of 1.93 and a beta of 0.75. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.64.

Visa (NYSE:V) last announced its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, topping the consensus estimate of $3.10 by $0.21. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $10.75 billion. During the same period last year, the firm earned $2.76 earnings per share. The business’s revenue for the quarter was up 17.1% on a year-over-year basis. As a group, equities analysts anticipate that Visa Inc. will post 13.1 EPS for the current fiscal year.

Visa declared that its Board of Directors has approved a stock repurchase plan on Tuesday, April 28th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the credit-card processor to purchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Visa Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, May 12th. Visa’s dividend payout ratio (DPR) is 23.34%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Raymond James Financial restated an “outperform” rating and set a $389.00 target price on shares of Visa in a research note on Wednesday, April 29th. Evercore set a $350.00 price target on shares of Visa in a report on Wednesday, April 29th. Morgan Stanley restated an “overweight” rating and set a $415.00 price objective on shares of Visa in a research report on Wednesday, April 29th. Weiss Ratings downgraded Visa from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, April 16th. Finally, UBS Group increased their target price on Visa from $390.00 to $410.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Six analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $397.39.

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.