Visa Inc. $V Position Trimmed by California Public Employees Retirement System

California Public Employees Retirement System decreased its holdings in Visa Inc. (NYSE:V) by 4.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 3,176,693 shares of the credit-card processor’s stock after selling 142,740 shares during the quarter. Visa accounts for 0.6% of California Public Employees Retirement System’s holdings, making the stock its 20th largest position. California Public Employees Retirement System’s holdings in Visa were worth $960,124,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Ceera Investments LLC raised its position in shares of Visa by 3.0% during the first quarter. Ceera Investments LLC now owns 3,541 shares of the credit-card processor’s stock worth $1,070,000 after purchasing an additional 103 shares during the period. Quadrant Private Wealth Management LLC lifted its holdings in shares of Visa by 2.5% during the first quarter. Quadrant Private Wealth Management LLC now owns 8,061 shares of the credit-card processor’s stock valued at $2,436,000 after purchasing an additional 196 shares during the last quarter. MTM Investment Management LLC boosted its position in shares of Visa by 2.8% in the 1st quarter. MTM Investment Management LLC now owns 3,515 shares of the credit-card processor’s stock valued at $1,062,000 after purchasing an additional 97 shares during the period. Kesler Norman & Wride LLC boosted its position in shares of Visa by 1.3% in the 1st quarter. Kesler Norman & Wride LLC now owns 15,523 shares of the credit-card processor’s stock valued at $4,692,000 after purchasing an additional 204 shares during the period. Finally, Heartland Bank & Trust Co boosted its position in shares of Visa by 3.0% in the 1st quarter. Heartland Bank & Trust Co now owns 6,059 shares of the credit-card processor’s stock valued at $1,831,000 after purchasing an additional 178 shares during the period. Institutional investors own 82.15% of the company’s stock.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa launched its Stablecoin Platform, an enterprise tool for banks, fintechs, and crypto-native firms to mint, move, store, and redeem stablecoins in one Visa-managed environment. Investors may view this as a meaningful new growth avenue that could expand Visa’s role in blockchain-based payments. Visa Introduces Platform for Stablecoin Minting, Movement and Management
• Positive Sentiment: Reports say Visa joined Google and Stripe in the x402 Foundation, which is building an open standard for machine-to-machine and AI agent payments. That supports Visa’s long-term relevance in emerging micro-payment and autonomous commerce use cases. Google and Visa join the online micro-payments revolution
• Positive Sentiment: Visa and Artemis highlighted that stablecoins could become key infrastructure for AI agent micropayments, reinforcing the idea that Visa is positioning itself early in a potentially large new payment category. Stablecoins Emerge as Key Infrastructure for AI Agent Micropayments, Visa and Artemis Report
• Positive Sentiment: Hong Leong Bank launched Malaysia’s first Visa Infinite Privilege card, showing continued strength in Visa’s premium product lineup and international card issuance. Hong Leong Bank Debuts Malaysia’s First Visa Infinite Privilege Card
• Positive Sentiment: Visa was also upgraded to “strong-buy” by an analyst source, adding to bullish sentiment around the stock. Visa upgraded by Clear Str Llc to strong-buy
• Neutral Sentiment: Several articles discuss Visa’s new AI assistants, agentic payments pilots, and refreshed Visa Infinite offerings in Asia-Pacific. These developments are constructive, but they are mostly early-stage or product refreshes rather than immediate financial catalysts. What Visa (V)’s New AI Assistants and Agentic Payments Mean For Shareholders

Visa Stock Performance

Shares of V stock opened at $358.51 on Friday. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $365.14. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $643.08 billion, a price-to-earnings ratio of 31.23, a P/E/G ratio of 1.95 and a beta of 0.75. The stock’s fifty day simple moving average is $334.41 and its 200-day simple moving average is $325.20.

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, topping the consensus estimate of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The firm had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $10.75 billion. During the same period in the prior year, the business earned $2.76 EPS. The business’s revenue for the quarter was up 17.1% on a year-over-year basis. On average, sell-side analysts predict that Visa Inc. will post 13.11 earnings per share for the current fiscal 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 announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a $0.67 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa’s dividend payout ratio is currently 23.34%.

Insider Transactions at Visa

In related news, CEO Ryan Mcinerney sold 10,490 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $343.99, for a total transaction of $3,608,455.10. Following the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,219,704.26. The trade was a 40.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 that occurred on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the transaction, the chief financial officer directly owned 9,872 shares in the company, valued at $3,206,524.32. The trade was a 51.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 75,581 shares of company stock valued at $25,627,975 over the last three months. 0.12% of the stock is owned by corporate insiders.

Analyst Ratings Changes

V has been the topic of several recent analyst reports. Oppenheimer restated an “outperform” rating and set a $403.00 price objective (up from $391.00) on shares of Visa in a report on Wednesday, April 29th. Evercore set a $350.00 target price on shares of Visa in a report on Wednesday, April 29th. Truist Financial set a $371.00 target price on shares of Visa and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Piper Sandler began coverage on shares of Visa in a report on Monday, June 29th. They set an “overweight” rating and a $394.00 price target on the stock. Finally, Robert W. Baird set a $412.00 price target on shares of Visa and gave the company an “outperform” rating in a report on Monday, July 6th. Seven research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $398.36.

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.