Visa Inc. $V Stock: Kornitzer Capital Management Inc. KS Reduces Stake

Kornitzer Capital Management Inc. KS cut its holdings in Visa Inc. (NYSE:V) by 1.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,007 shares of the credit-card processor’s stock after selling 1,246 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Visa were worth $26,593,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of V. John Boyer Inc. acquired a new position in Visa during the third quarter worth about $27,000. Philadelphia Investment Partners LLC bought a new position in shares of Visa in the second quarter worth about $29,000. Virtus Advisers LLC bought a new position in shares of Visa in the second quarter worth about $33,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Visa in the 3rd quarter valued at approximately $35,000. Finally, DecisionPoint Financial LLC boosted its stake in shares of Visa by 307.7% in the 3rd quarter. DecisionPoint Financial LLC now owns 106 shares of the credit-card processor’s stock valued at $38,000 after purchasing an additional 80 shares in the last quarter. 82.15% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Daiwa Securities Group lifted their price target on shares of Visa from $375.00 to $422.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $466.00 price objective on shares of Visa in a research note on Wednesday, October 28th. Wolfe Research reissued an “outperform” rating and issued a $460.00 price objective (up from $435.00) on shares of Visa in a research note on Tuesday, August 25th. Bank of America raised their target price on shares of Visa from $410.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Truist Financial boosted their target price on shares of Visa from $443.00 to $470.00 and gave the stock a “buy” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $440.82.

Visa Price Performance

Visa stock opened at $422.76 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $754.39 billion, a PE ratio of 34.29, a P/E/G ratio of 1.80 and a beta of 0.80. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $442.23. The stock has a 50-day moving average price of $385.86 and a two-hundred day moving average price of $344.69.

Visa (NYSE:V) last announced its quarterly earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.44 by $0.04. Visa had a return on equity of 70.50% and a net margin of 51.20%. The firm had revenue of $12.14 billion for the quarter, compared to analyst estimates of $12.09 billion. During the same period last year, the firm posted $2.98 earnings per share. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. Analysts expect that Visa Inc. will post 15.02 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 issued a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from Visa’s previous quarterly dividend of $0.67. Visa’s payout ratio is presently 25.30%.

Insider Buying and Selling

In other news, General Counsel Julie B. Rottenberg sold 1,867 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $368.34, for a total transaction of $687,690.78. Following the completion of the transaction, the general counsel 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. The transaction was disclosed in a legal filing 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, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $416.22, for a total transaction of $2,445,292.50. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $6,315,722.28. This trade represents a 27.91% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 27,395 shares of company stock worth $10,406,050 over the last three months. Insiders own 0.12% of the company’s stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its dividend by 16%. Truist also raised its price target to $470 and maintained a Buy rating, signaling analyst confidence in further upside. Visa earnings and dividend report Truist price target report
• Positive Sentiment: Visa is building six technology hubs in Singapore focused on AI, cybersecurity, and next-generation payments. The investment could strengthen its capabilities and support future commerce growth. Singapore technology hubs
• Neutral Sentiment: Visa launched an AI-shopping benchmark, highlighting potential opportunities in agentic commerce while noting that many test runs failed—evidence the technology is still developing. AI shopping benchmark announcement
• Negative Sentiment: Analysts have flagged rising client incentives and Visa’s premium valuation as risks that could constrain the case for buying the stock despite strong results. Zacks analysis of incentives and valuation
• Negative Sentiment: Gnosis Pay, a crypto-card provider that uses Visa, disclosed exposure of customers’ payment and personal data. The report says customer funds were safe; the incident was at Gnosis Pay’s legacy system, not Visa’s own platform, though it may raise broader questions about payment security. Gnosis Pay breach report

Visa Profile

Visa Inc operates a global payments network that connects consumers, merchants, financial institutions and governments. Its network supports the authorization, clearing and settlement of electronic payments, including transactions made in person and online.

The company’s services include payment processing, fraud prevention, identity and risk management, and money-transfer solutions such as Visa Direct. Visa-branded credit, debit and prepaid cards are issued by participating financial institutions; Visa generally provides the network and related services rather than issuing cards or extending credit directly to consumers.

Visa traces its roots to BankAmericard, a bank card program launched in California in 1958.