Parnassus Investments 13F: Cuts Visa (V) Stake by $39M

Parnassus Investments reduced its holdings in Visa Inc. V by 109,655 shares during the quarter, according to a Form 13F filing with the SEC on October 22, 2026.

V Visa Inc.

$414.34 ▲ +20.30% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Parnassus Investments's Visa Inc. Position

The fund cut its position by 35.2%, leaving it with 202,081 shares of the payment network giant. The remaining stake was valued at approximately $72.6 million at the end of the period, down from its prior count of 311,736 shares.

Other Institutional Activity in Visa Inc.

Other large investors adjusted their stakes around the same time. Fjarde Ap-Fonden /Fourth Swedish National Pension Fund cut its holdings by 68,905 shares, ending with 764,625 shares worth about $274.8 million. SBI Securities boosted its stake by 9,358 shares to reach 93,188 shares valued at about $33.5 million. E. Ohman J:or Asset Management trimmed its holdings by 7,441 shares, leaving it with 285,394 shares worth roughly $102.6 million. Bell Bank lowered its stake by 3,848 shares to end with 13,665 shares valued at about $4.9 million. Pictet North America Advisors increased its position by 2,035 shares, holding 60,403 shares worth about $21.7 million.

Visa Inc. Stock Up 2.1%

Visa Inc. V shares closed at $414.34 on October 22, 2026, and recently traded around $410.88. The stock trades above its 50-day moving average and its 200-day moving average.

Recent Earnings

Visa Inc. generated trailing twelve-month revenue of $44.5 billion and earnings of $11.75 per share, with a net margin of 50.8% and a return on equity of 61.2%. The company is scheduled to release its next financial results on October 27, 2026.

Dividend

Visa Inc. pays an annual dividend rate of $2.68 per share. That payout yields 0.67% and uses 22.1% of the company's earnings.

Insider Buying and Selling at Visa Inc.

Insiders completed several transactions in recent months. Chief Executive Officer Ryan McInerney and General Counsel Julie B Rottenberg sold shares between August and September 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock prior to the filing. Cantor Fitzgerald, Truist Securities, Wolfe Research, RBC Capital, and Baird all maintained positive ratings while raising their respective price targets.

About Visa Inc.

Visa Inc. operates a global electronic payments network connecting consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. The company facilitates digital commerce through transaction processing and financial technology services.

Bottom Line

Investors continue to monitor institutional moves and upcoming financial reports. The company's next earnings release is scheduled for October 27, 2026.