Sustainable Growth Advisers 13F: Cuts Visa (V) Stake by $93M

Sustainable Growth Advisers trimmed its stake in Visa Inc. (NYSE: V) during the period, according to a Form 13F filing with the SEC on October 15, 2026. Because 13F filings look backward at past quarters, these numbers show holdings at that time and may not reflect the firm's exact position today.

What Changed in Sustainable Growth Advisers's Visa Position

Sustainable Growth Advisers cut its holdings by 17.9%, shedding 259,473 shares during the period. The fund finished the quarter with 1,183,233 shares of Visa, valued at approximately $425.2 million. The fund had owned 1,442,706 shares prior to the adjustment.

Other Institutional Activity in Visa

Blackrock Inc. grew its holdings by 1,484,413 shares, ending with 137,669,061 shares worth about $55.43 billion. Vanguard Capital Management LLC reduced its stake by 856,052 shares, leaving it with 106,150,500 shares valued at about $42.74 billion. State Street Corporation grew its holdings by 567,900 shares, ending with 82,872,209 shares worth about $33.37 billion. Morgan Stanley reduced its stake by 18,391 shares, leaving it with 45,960,354 shares valued at about $18.50 billion. Geode Capital Management, LLC grew its holdings by 399,484 shares, ending with 45,285,275 shares worth about $18.23 billion.

Visa Inc. Stock Up 0.1%

Visa shares recently traded around $400.29 as of October 16, 2026, sitting roughly 1.1% below their 52-week high of $404.74. The stock trades about 7.6% above its 50-day moving average of $371.86 and 18.1% above its 200-day moving average of $338.94.

Recent Earnings

Visa reported trailing-twelve-month revenue of $44.49 billion alongside strong profitability. The company posted a net margin of 50.8% and a return on equity of 61.2%, backed by trailing earnings of $11.75 per share. The next quarterly earnings report is scheduled for release on October 27, 2026.

Dividend

Visa pays an annual dividend of $2.68 per share, which translates to a dividend yield of 0.67%. The payout ratio sits at 22.1% of earnings.

Insider Buying and Selling at Visa Inc.

Chief Executive Officer Ryan Mcinerney sold 5,875 shares on August 21, 2026, at an average price of $367.87 for a total of $2.16 million. General Counsel Julie B Rottenberg sold 2,028 shares on August 31, 2026, at an average price of $381.35 for a total of $773,378. Chief Executive Officer Ryan Mcinerney sold another 5,875 shares on September 1, 2026, at an average price of $379.65 for a total of $2.23 million. General Counsel Julie B Rottenberg sold 1,867 shares on September 9, 2026, at an average price of $368.34 for a total of $687,691.

Analysts Set New Price Targets

On August 3, 2026, Cantor Fitzgerald maintained an Overweight rating on the stock with a $445.00 price target, up from $410.00. On August 5, 2026, Truist Securities maintained a Buy rating with a $406.00 price target, up from $394.00. On August 25, 2026, Wolfe Research maintained an Outperform rating with a $460.00 price target, up from $435.00. On August 31, 2026, RBC Capital maintained an Outperform rating with a $466.00 price target, up from $412.00. On October 12, 2026, Baird maintained an Outperform rating with a $430.00 price target, up from $420.00. Wall Street currently carries a consensus recommendation of strong buy for Visa with 37 analyst opinions and a mean price target of $421.69.

About Visa

Visa operates a massive global electronic payments network that connects consumers, merchants, financial institutions, and government entities across more than 200 countries. The firm facilitates digital currency transfers through authorization, clearing, and settlement services via its core network, VisaNet.

Bottom Line

Investors tracking Sustainable Growth Advisers should remember that 13F filings reveal past snapshots rather than current allocations. Market participants will look toward Visa's upcoming earnings report on October 27, 2026, for updated financial metrics. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.