Foster & Motley Inc. Buys New Position in Visa Inc. $V

Foster & Motley Inc. bought a new position in shares of Visa Inc. (NYSE:V) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 23,856 shares of the credit-card processor’s stock, valued at approximately $8,185,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cresta Advisors Ltd. acquired a new position in shares of Visa in the 4th quarter worth approximately $26,000. Parvin Asset Management LLC boosted its holdings in Visa by 200.0% during the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock worth $26,000 after buying an additional 50 shares in the last quarter. RHL Group LLC acquired a new position in Visa in the fourth quarter worth approximately $34,000. Timmons Wealth Management LLC acquired a new position in Visa in the fourth quarter worth approximately $34,000. Finally, Copos Capital S.a r.l. bought a new position in shares of Visa in the fourth quarter valued at $35,000. 82.15% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Visa

In other news, CEO Ryan Mcinerney sold 20,970 shares of the company’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $340.25, for a total value of $7,135,042.50. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at $5,162,953.50. This represents a 58.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Kelly Mahon sold 57,272 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the completion of the sale, the insider directly owned 49,662 shares of the company’s stock, valued at $18,125,140.14. This trade represents a 53.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 90,759 shares of company stock valued at $32,375,779 in the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

Visa Trading Up 1.6%

NYSE V opened at $364.55 on Wednesday. The firm’s 50 day moving average price is $350.95 and its two-hundred day moving average price is $328.80. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $373.97. The stock has a market cap of $650.52 billion, a price-to-earnings ratio of 31.00, a PEG ratio of 1.95 and a beta of 0.74.

Visa (NYSE:V) last issued its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, topping the consensus estimate of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The business had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.40 billion. During the same quarter last year, the firm posted $2.98 earnings per share. Visa’s revenue was up 14.4% compared to the same quarter last year. Equities analysts anticipate that Visa Inc. will post 13.16 EPS for the current year.

Visa declared that its board has approved a stock repurchase plan on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the credit-card processor to purchase up to 3.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Visa Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. Visa’s dividend payout ratio (DPR) is presently 22.79%.

Analysts Set New Price Targets

V has been the subject of a number of recent research reports. Wolfe Research reiterated an “outperform” rating and set a $435.00 price objective (up from $430.00) on shares of Visa in a research report on Wednesday, July 29th. Truist Financial set a $406.00 target price on Visa and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Evercore set a $350.00 target price on Visa in a report on Wednesday, April 29th. Barclays started coverage on Visa in a research note on Tuesday, July 7th. They issued an “overweight” rating and a $420.00 price target on the stock. Finally, TD Cowen restated a “buy” rating on shares of Visa in a report on Wednesday, July 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $413.58.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Analyst coverage highlighted Visa’s payment growth as a key investment theme, reinforcing expectations that rising transaction volumes and digital commerce can support continued earnings expansion. Top Analyst Reports for Visa, Lam Research & Caterpillar
• Positive Sentiment: Visa Direct’s 21% transaction growth and expansion into cross-border payments and stablecoin use cases could create an additional growth engine beyond traditional card payments. Can Visa Direct Give Visa’s Growth Story a New Direction?
• Positive Sentiment: Visa joined Rain’s Agentic Payments Alliance alongside Mastercard, Fiserv, Circle, Solana and Remitly. The initiative could help Visa establish standards and capture transactions generated by AI agents making purchases for consumers and businesses. Visa and Mastercard Join Rain’s Agentic Commerce Coalition
• Positive Sentiment: Kraken’s new Krak debit card is issued on Visa’s network and allows U.S. customers to spend crypto and fiat balances across more than 600 assets. Additional card issuance and transaction volume could modestly increase Visa’s payments activity. Kraken’s Krak debuts US debit card
• Positive Sentiment: Bill Ackman’s newly disclosed investment in Visa adds a high-profile endorsement of the company’s long-term value proposition, potentially improving investor sentiment. Bill Ackman Bets Big on Visa
• Neutral Sentiment: Visa is reportedly seeking a new stablecoin settlement partner after Mastercard acquired BVNK. The search underscores Visa’s commitment to the emerging market, although the need to replace a partner may reflect increased competitive pressure. Visa Seeks New Stablecoin Partner

Visa Company 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.