Ninety One UK 13F: Cuts Visa (V) Stake by $192M

Ninety One UK cut back its investment in Visa Inc. (NYSE:V), according to a recent Form 13F filing with the SEC filed on October 15, 2026. The institutional filing covers portfolio holdings as of the end of the reporting period and may not reflect the fund's exact current share count today.

What Changed in Ninety One UK's Visa Position

The fund trimmed its stake in the credit services giant by 534,104 shares during the period. That marked an 8.76% decrease from the previous quarter, bringing Ninety One UK's total holding down to 5,561,522 shares. The remaining position was valued at roughly $1.99 billion at the time of the disclosure.

Other Institutional Activity in Visa

Other large money managers also adjusted their positions in Visa recently. Blackrock Inc. grew its holdings by 1,484,413 shares, ending with 137,669,061 shares worth about $55.4 billion. Vanguard Capital Management LLC reduced its stake by 856,052 shares, leaving it with 106,150,500 shares valued at roughly $42.7 billion. State Street Corporation added 567,900 shares for a total of 82,872,209 shares worth about $33.4 billion. Morgan Stanley trimmed its holdings by 18,391 shares, holding 45,960,5਼4 shares valued at about $18.5 billion. Geode Capital Management, LLC raised its stake by 399,484 shares, ending with 45,285,275 shares worth about $18.2 billion.

Visa Inc. Stock Up 0.1%

Visa shares recently traded around $400.29 as of October 16, 2026. The stock sits just 1.1% below its 52-week high of $404.74 and is trading comfortably above its 50-day moving average of $371.86 and its 200-day moving average of $338.94.

Recent Earnings

Visa reported trailing-twelve-month revenue of $44.49 billion alongside basic earnings of $11.75 per share. The company operates its transaction network with a strong net profit margin of 50.8% and a return on equity of 61.2%. Investors look toward Visa's next quarterly earnings update scheduled for October 27, 2026, for fresh performance metrics.

Dividend

Visa pays an annual dividend of $2.68 per share, giving the stock a dividend yield of 0.67%. The payout ratio sits at 22.1% of earnings, leaving ample room for future distributions.

Insider Buying and Selling at Visa Inc.

Company insiders executed several sales over the late summer months. Chief Executive Officer Ryan McInerney sold 5,875 shares on August 21 at an average price of $367.87 for a total of $2.16 million, followed by another sale of 5,875 shares on September 1 at $379.65 worth about $2.23 million. General Counsel Julie B. Rottenberg sold 2,028 shares on August 31 at $381.35 totaling $773,378, and parted with an additional 1,867 shares on September 9 at $368.34 worth about $687,691.

Analysts Set New Price Targets

Wall Street firms maintained a generally positive outlook on the stock ahead of the upcoming earnings release. On August 3, Cantor Fitzgerald kept an Overweight rating while lifting its target from $410 to $445. Truist Securities maintained a Buy rating on August 5, raising its target from $394 to $406. Wolfe Research kept an Outperform rating on August 25, bumping its target from $435 to $460. RBC Capital maintained an Outperform rating on August 31, lifting its target from $412 to $466. Baird kept an Outperform rating on October 12, raising its target from $420 to $430. Overall, the stock holds a consensus Strong Buy rating with a mean price target of $421.69 across 37 analyst opinions.

About Visa

Visa operates a massive electronic payments network that connects consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. The company facilitates digital commerce through its proprietary processing infrastructure, enabling fast, secure, and reliable authorization, clearing, and settlement of transactions.

Bottom Line

Ninety One UK's reduction represents a single data point from a backward-looking regulatory filing. Market watchers should keep an eye on Visa's upcoming earnings report on October 27, 2026, to gauge how transaction volumes and overall revenues hold up against high analyst expectations.