Visa (NYSE:V) Price Target Raised to $440.00

Visa (NYSE:V) had its price objective lifted by Oppenheimer from $403.00 to $440.00 in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. Oppenheimer currently has an outperform rating on the credit-card processor’s stock.

Several other research analysts also recently weighed in on the stock. Erste Group Bank raised shares of Visa from a “hold” rating to a “buy” rating in a report on Monday, July 27th. Evercore raised their price target on Visa from $350.00 to $370.00 in a report on Wednesday, July 29th. Loop Capital boosted their price objective on Visa from $387.00 to $404.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. UBS Group reaffirmed a “buy” rating and issued a $420.00 price objective (up from $410.00) on shares of Visa in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. upped their price objective on Visa from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, Visa currently has a consensus rating of “Buy” and a consensus price target of $438.41.

Visa Trading Up 0.8%

Visa stock opened at $413.69 on Wednesday. Visa has a 52-week low of $293.89 and a 52-week high of $417.00. The company has a market cap of $738.20 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.93 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. The business has a 50-day simple moving average of $381.31 and a two-hundred day simple moving average of $342.25.

Visa (NYSE:V) last issued its quarterly earnings data 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 analysts’ expectations of $12.09 billion. Visa had a net margin of 51.20% and a return on equity of 70.50%. The business’s quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.98 EPS. Analysts predict that Visa will post 15.03 EPS for the current year.

Visa Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be paid a $0.78 dividend. The ex-dividend date is Tuesday, November 10th. This is a positive change from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 dividend on an annualized basis and a yield of 0.8%. Visa’s payout ratio is 21.74%.

Insiders Place Their Bets

In related news, CEO Ryan Mcinerney sold 5,875 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was 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. The trade was a 27.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 1,867 shares of the company’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total transaction of $687,690.78. Following the completion of the sale, the general counsel directly owned 18,404 shares of the company’s stock, valued at approximately $6,778,929.36. This trade represents a 9.21% 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. In the last quarter, insiders sold 21,520 shares of company stock worth $7,960,757. Insiders own 0.12% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. XXEC Inc. raised its stake in shares of Visa by 153,118.8% during the 2nd quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after acquiring an additional 186,138,883 shares in the last quarter. Jupiter Topco LLC acquired a new stake in Visa in the second quarter valued at approximately $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Visa by 13.0% during 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 buying an additional 1,808,496 shares in the last quarter. Janus Henderson Group PLC raised its stake in 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 valued at $1,356,090,000 after buying an additional 1,116,498 shares during the last quarter. Finally, Amundi raised its stake in Visa by 16.5% in the second quarter. Amundi now owns 7,714,919 shares of the credit-card processor’s stock valued at $2,646,911,000 after buying an additional 1,092,315 shares during the last quarter. 82.15% of the stock is owned by institutional investors.

More 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?

About Visa

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.