Annex Advisory Services LLC Reduces Holdings in Visa Inc. $V

Annex Advisory Services LLC decreased its holdings in shares of Visa Inc. (NYSE:V) by 1.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 228,947 shares of the credit-card processor’s stock after selling 4,486 shares during the quarter. Visa makes up about 1.3% of Annex Advisory Services LLC’s holdings, making the stock its 23rd biggest holding. Annex Advisory Services LLC’s holdings in Visa were worth $78,549,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. PayPay Securities Corp grew its holdings in shares of Visa by 102.7% in the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 38 shares in the last quarter. Cresta Advisors Ltd. purchased a new stake in Visa during the 4th quarter worth about $26,000. Parvin Asset Management LLC raised 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 purchasing an additional 50 shares in the last quarter. RHL Group LLC purchased a new stake in Visa in the fourth quarter valued at $34,000. Finally, Timmons Wealth Management LLC purchased a new stake in shares of Visa in the 4th quarter valued at about $34,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Visa Stock Performance

Shares of Visa stock opened at $362.28 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market cap of $646.46 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 1.94 and a beta of 0.74. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $373.97. The firm’s 50-day simple moving average is $346.77 and its 200-day simple moving average is $327.53.

Visa (NYSE:V) last announced its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (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 firm had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.40 billion. During the same period last year, the business posted $2.98 earnings per share. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. Equities analysts forecast that Visa Inc. will post 13.15 earnings per share for the current fiscal year.

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

Visa Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a $0.67 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $2.68 annualized dividend and a yield of 0.7%. Visa’s dividend payout ratio is 22.79%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of research firms have weighed in on V. Raymond James Financial reaffirmed an “outperform” rating and set a $406.00 price objective on shares of Visa in a research report on Wednesday, July 29th. UBS Group reissued a “buy” rating and issued a $420.00 target price (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Erste Group Bank upgraded Visa from a “hold” rating to a “buy” rating in a research report on Monday, July 27th. Robert W. Baird upped their target price on shares of Visa from $412.00 to $420.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, Citigroup restated a “buy” rating and set a $440.00 price objective (up from $400.00) on shares of Visa in a report on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $413.58.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong earnings and spending trends: Visa surpassed quarterly expectations with adjusted EPS of $3.32 versus the $3.23 consensus and revenue of $11.63 billion versus estimates of $11.40 billion. Revenue increased 14.4% year over year, supported by resilient consumer spending and anticipated World Cup-related travel activity. Q2 Earnings Outperformers: Visa and the Rest of the Credit Card Stocks
• Positive Sentiment: Analysts raised profit forecasts: Zacks Research increased its estimates across fiscal 2026 through fiscal 2028, including FY2026 EPS of $13.23, FY2027 EPS of $14.89 and FY2028 EPS of $16.81. Erste Group also lifted its forecasts and maintained a Buy rating, reinforcing expectations for continued earnings growth. Visa analyst estimates
• Positive Sentiment: Pismo-DPS expansion: Visa’s Pismo and DPS banking-infrastructure strategy could expand relationships with banks and fintechs, allowing the company to capture more value beyond traditional card payments. Will Pismo-DPS Help Visa Capture More of the Banking Value Chain?
• Neutral Sentiment: AI payments opportunity: Investment commentary identifies Visa as a potential beneficiary of AI-enabled commerce and payments, but the opportunity remains longer term and is not yet tied to specific financial guidance. Why Visa Could Be a Major Winner in the AI Payments Boom
• Negative Sentiment: Relative earnings reaction: Although Visa beat estimates, its stock initially underperformed Mastercard after results because investors appeared to view Mastercard’s accompanying growth catalysts more favorably. This suggests expectations for Visa are elevated and may limit the immediate benefit of another earnings beat. Visa vs. Mastercard: Same Strong Spending Story, Very Different Stock Reactions

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.