Vulcan Value Partners LLC Trims Stock Holdings in Visa Inc. $V

Vulcan Value Partners LLC lessened its position in Visa Inc. (NYSE:V) by 27.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 463,268 shares of the credit-card processor’s stock after selling 176,186 shares during the period. Visa accounts for about 4.8% of Vulcan Value Partners LLC’s portfolio, making the stock its 10th biggest holding. Vulcan Value Partners LLC’s holdings in Visa were worth $158,943,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Arizona State Retirement System boosted its stake in shares of Visa by 1.0% during the second quarter. Arizona State Retirement System now owns 466,471 shares of the credit-card processor’s stock valued at $160,042,000 after purchasing an additional 4,584 shares in the last quarter. West Family Investments Inc. increased its stake in shares of Visa by 9.4% in the second quarter. West Family Investments Inc. now owns 6,337 shares of the credit-card processor’s stock valued at $2,174,000 after buying an additional 547 shares during the period. Waverly Advisors LLC increased its stake in shares of Visa by 48.0% in the second quarter. Waverly Advisors LLC now owns 215,041 shares of the credit-card processor’s stock valued at $73,778,000 after buying an additional 69,714 shares during the period. Empirical Finance LLC raised its holdings in Visa by 4.8% in the 2nd quarter. Empirical Finance LLC now owns 45,436 shares of the credit-card processor’s stock valued at $15,589,000 after buying an additional 2,072 shares during the last quarter. Finally, Nykredit A S bought a new position in Visa in the 2nd quarter valued at approximately $293,669,000. 82.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

V has been the topic of a number of research reports. Robert W. Baird boosted their target price on shares of Visa from $412.00 to $420.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Piper Sandler reaffirmed an “overweight” rating and set a $430.00 price target (up from $394.00) on shares of Visa in a research note on Wednesday, July 29th. Sanford C. Bernstein reiterated an “outperform” rating and set a $450.00 price target on shares of Visa in a report on Tuesday, June 2nd. UBS Group reissued 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, BMO Capital Markets increased their price objective on Visa from $387.00 to $405.00 and gave the company an “outperform” rating 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $416.62.

Insiders Place Their Bets

In related news, insider Tullier 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 transaction of $20,902,561.84. Following the completion of the sale, the insider 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Julie B. Rottenberg sold 2,028 shares of Visa stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the completion of the sale, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $7,018,365.40. The trade was a 9.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 104,537 shares of company stock worth $37,540,837. Company insiders own 0.12% of the company’s stock.

Visa Trading Down 1.7%

NYSE:V traded down $6.25 on Tuesday, reaching $368.82. 4,927,265 shares of the stock traded hands, compared to its average volume of 7,770,979. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $385.57. The company’s 50 day moving average is $364.80 and its 200-day moving average is $334.13. The firm has a market capitalization of $658.14 billion, a price-to-earnings ratio of 31.36, a price-to-earnings-growth ratio of 2.01 and a beta of 0.76.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The company had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. During the same period in the prior year, the firm posted $2.98 EPS. The company’s quarterly revenue was up 14.4% on a year-over-year basis. Equities research analysts anticipate that Visa Inc. will post 13.16 EPS for the current fiscal year.

Visa Dividend Announcement

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

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa introduced an on-chain credit model that combines VisaNet settlement data with blockchain lending infrastructure. The program is intended to help stablecoin-linked card issuers and fintech companies obtain working capital, potentially expanding Visa’s role beyond transaction processing. Visa expands data offering for blockchain lenders
• Positive Sentiment: Demand for Visa’s stablecoin infrastructure is accelerating: the company now supports more than 160 stablecoin-linked card programs, while related payment volume has increased nearly 200% year over year. Visa said stablecoin settlement volume has reached an annualized rate of approximately $20 billion. Visa connects settlement data to blockchain lenders
• Positive Sentiment: The company highlighted Credit Coop as an early example of the model. The blockchain lender has reportedly financed more than $2.5 billion in cumulative settlement volume since 2023, across more than 3,000 borrowing events and 9,000 repayments, with no reported defaults. Visa unveils on-chain lending model
• Neutral Sentiment: Visa renewed its multi-year partnership with the Toronto International Film Festival, supporting continued brand visibility and customer engagement, though the announcement is unlikely to materially affect near-term earnings. Visa and TIFF renew partnership
• Neutral Sentiment: Investors are also assessing Visa’s “Agentic Ready” strategy, which targets purchases made by artificial-intelligence agents. The opportunity could support future payment volume, but the effect on transaction economics and competitive risks remains uncertain. Visa’s Agentic Ready program
• Negative Sentiment: Visa underperformed the broader market in the latest session. The decline suggests investors may be taking profits or remaining cautious about the stock’s premium valuation despite strong long-term growth prospects and the positive stablecoin developments. Visa falls more steeply than broader market

Visa Profile

Visa Inc is a global payments technology company that operates one of the world’s largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa’s products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.