Visa (NYSE:V) Shares Up 2.3% – Still a Buy?

Visa Inc. (NYSE:V) traded up 2.3% on Monday . The company traded as high as $359.49 and last traded at $357.0210. Approximately 9,954,062 shares were traded during trading, an increase of 24% from the average session volume of 8,041,487 shares. The stock had previously closed at $348.97.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expanded its AI and agentic payments strategy through the Visa Agentic Ready programme, potentially strengthening its network relevance as AI agents begin initiating purchases. Thredd Joins The Visa Agentic Ready Programme, Bringing Agent Network Readiness To Issuers Across Europe, Starting With Zilch
• Positive Sentiment: Visa is preparing to pilot an AI Financial Assistant in banking apps, which could deepen issuer relationships and create another value-added service for cardholders. Visa Readies Rollout of AI Financial Assistant for Banking Apps
• Positive Sentiment: Visa’s partnership with ACE Money Transfer to streamline cross-border remittances may support transaction growth in its international payments business. Can Visa Deepen Its Remittance Business Through ACE Partnership?
• Positive Sentiment: Visa’s inclusion alongside major players like Ripple, Mastercard, and Google in the x402 Foundation underscores its continued relevance in the emerging AI-agent payments ecosystem. Ripple Is Now a Premier Member of the x402 Foundation, Alongside Visa and Mastercard

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on V shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $400.00 price objective on shares of Visa in a report on Wednesday, April 29th. Robert W. Baird set a $412.00 target price on Visa and gave the stock an “outperform” rating in a research report on Monday, July 6th. BMO Capital Markets initiated coverage on Visa in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $365.00 target price for the company. Loop Capital began coverage on shares of Visa in a research report on Tuesday, March 31st. They set a “buy” rating and a $387.00 price target on the stock. Finally, Morgan Stanley reissued an “overweight” rating and set a $415.00 price target on shares of Visa in a research note on Wednesday, April 29th. Seven investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Visa has an average rating of “Buy” and an average price target of $397.91.

Visa Stock Down 0.4%

The stock has a market cap of $639.10 billion, a P/E ratio of 31.04, a P/E/G ratio of 1.91 and a beta of 0.75. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. The company has a 50-day simple moving average of $332.02 and a two-hundred day simple moving average of $324.89.

Visa (NYSE:V) last issued its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share (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 firm had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $10.75 billion. During the same quarter last year, the business earned $2.76 earnings per share. The business’s revenue was up 17.1% on a year-over-year basis. On average, equities analysts forecast that Visa Inc. will post 13.1 EPS for the current year.

Visa Announces Dividend

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

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

Insider Buying and Selling at Visa

In related news, CEO Ryan Mcinerney sold 31,455 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total value of $10,699,103.70. Following the sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were 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 represents a 9.92% 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. Over the last quarter, insiders have sold 75,581 shares of company stock worth $25,627,975. 0.12% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Visa

A number of large investors have recently made changes to their positions in the business. Invariant Investment Management acquired a new stake in Visa during the fourth quarter worth approximately $969,000. Nixon Peabody Trust Co. grew its position in shares of Visa by 58.1% in the 1st quarter. Nixon Peabody Trust Co. now owns 4,201 shares of the credit-card processor’s stock valued at $1,270,000 after buying an additional 1,543 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Visa by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock valued at $56,455,834,000 after buying an additional 1,054,343 shares during the last quarter. Swiss Life Asset Management Ltd raised its stake in Visa by 4.7% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 527,530 shares of the credit-card processor’s stock worth $180,088,000 after acquiring an additional 23,863 shares in the last quarter. Finally, Savvy Advisors Inc. raised its stake in Visa by 30.1% during the 4th quarter. Savvy Advisors Inc. now owns 28,922 shares of the credit-card processor’s stock worth $10,143,000 after acquiring an additional 6,688 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors.

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.