Banque Pictet & Cie 13F: Adds $4.7M to Visa (V) Stake
Key Points
- Banque Pictet & Cie increased its Visa Inc. position by 13,197 shares to reach a total of 352,527 shares worth about $126.7 million in an October 16, 2026 filing.
- Visa Inc. operates its core payment network with trailing twelve month revenue of $44.5 billion and net profit margins above 50%, with its next earnings report scheduled for October 27, 2026.
- Several Wall Street firms recently maintained positive ratings on the stock, including RBC Capital with an Outperform rating and a $466 price target.
Since the filing, $V is up 0.1% to date (from the $402.61 close on Oct 16, 2026).
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Banque Pictet & Cie boosted its holdings in Visa Inc. (NYSE:V) during the quarter, acquiring an additional 13,197 shares to grow its stake by 3.9%. According to a Form 13F filing filed with the SEC on October 16, 2026, the firm ended the period with 352,527 shares valued at approximately $126.7 million. Form 13F filings are quarterly reports submitted by institutional investment managers showing their stock holdings at the end of each period. Visa closed at $402.61 on the filing date.
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Visa Inc.
What Changed in Banque Pictet & Cie's Visa Position
The fund expanded its existing investment in the payments giant, moving from 339,330 shares up to 352,527 shares. The 3.9% increase lifted the total portfolio value of the holding to $126.7 million based on the reported figures.
Other Institutional Activity in Visa
Other major fund managers also adjusted their positions in the credit services provider during the period. PFG Advisors held 20,529 shares worth about $7.4 million. Meanwhile, TCI Fund Management Ltd held 30,494,133 shares valued at approximately $12.3 billion, after increasing its holdings by 27,420 shares, or 0.1%.
Visa Inc. Stock Up 0.8%
The stock recently traded around $402.92 as of October 20, 2026, putting it about equal to its closing price on the filing date. Visa operates with a low beta of 0.77, indicating smaller price swings than the broader market.
Recent Earnings
Visa reported trailing twelve month revenue of $44.5 billion alongside basic earnings of $11.75 per share. The company posted a return on equity of 61.2% and a net margin of 50.8%. Its next quarterly earnings report is scheduled for October 27, 2026.
Dividend
The company pays an annual dividend rate of $2.68 per share, supported by a payout ratio of 22.1%.
Insider Buying and Selling at Visa Inc.
Company insiders completed several stock sales ahead of the filing. Chief Executive Officer Ryan McInerney sold 5,875 shares on August 21, 2026, at $367.87 per share for a total of $2.2 million, and another 5,875 shares on September 1, 2026, at $379.65 per share worth $2.2 million. General Counsel Julie B. Rottenberg sold 2,028 shares on August 31, 2026, at $381.35 per share totaling $773,378, and 1,867 shares on September 9, 2026, at $368.34 per share valued at $687,691.
Analysts Set New Price Targets
Wall Street analysts have maintained positive stances on the financial firm. Cantor Fitzgerald maintained an Overweight rating with a $445 price target on August 3, 2026. Truist Securities maintained a Buy rating and raised its target to $406 on August 5, 2026. Wolfe Research kept an Outperform rating with a $460 target on August 25, 2026. RBC Capital maintained an Outperform rating with a $466 target on August 31, 2026, while Baird kept an Outperform rating with a $430 target on October 12, 2026.
About Visa
Visa Inc. runs a digital payment network connecting consumers, merchants, and financial institutions across the globe. Through its core processing systems, the company facilitates electronic payments and secure fund transfers worldwide.
Bottom Line
Institutional interest in Visa remains steady as the company prepares for its upcoming earnings release on October 27, 2026. Investors continue to monitor both large fund adjustments and executive share transactions for near-term momentum.
Related Filing Alerts
Source: Banque Pictet & Cie's 13F filing on $V (Oct 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts