Perigon Wealth Management 13F: Cuts Visa (V) Stake by $2.5M

Perigon Wealth Management trimmed its position in Visa Inc. V by 5.7% during the quarter, according to a Form 13F filing on October 22, 2026. Visa closed at $414.34 on the day of the filing.

V Visa Inc.

$414.34 ▲ +20.30% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Perigon Wealth Management's Visa Inc. Position

The fund sold 7,029 shares during the period, bringing its total ownership down to 115,688 shares. The remaining stake was valued at approximately $41.57 million at the end of the reporting period.

Other Institutional Activity in Visa Inc.

Other institutional investors also adjusted their positions in the credit services provider during the period. True North Advisors lowered its stake by 13.0%, shedding 2,541 shares to finish with 16,965 shares worth about $6.1 million. SBI Securities grew its holdings by an 11.2% margin, buying 9,358 shares to end with 93,188 shares valued at about $33.49 million. E. Ohman J:or Asset Management trimmed its position by 2.5%, selling 7,441 shares to hold 285,394 shares worth roughly $102.55 million. Bell Bank reduced its holdings by 22.0%, shedding 3,848 shares to finish with 13,665 shares valued at about $4.91 million. Pictet North America Advisors lifted its stake by 3.5%, adding 2,035 shares to end with 60,403 shares worth approximately $21.7 million.

Visa Inc. Stock Up 2.1%

The stock recently traded around $410.88, sitting about 0.8% below its event closing price of $414.34. Shares trade well above both their 50-day and 200-day moving averages.

Recent Earnings

Visa operates a major transaction processing network connecting consumers, merchants, and financial institutions worldwide. The firm recently posted trailing twelve-month revenue of $44.49 billion and earnings of $11.75 per share. Profitability remains high, with a net profit margin of 50.8% and a return on equity of 61.2%. Revenue grew 14.4% year-over-year over the same period. The business is scheduled to release its next financial results on October 27, 2026.

Dividend

Visa pays an annual dividend of $2.68 per share, giving investors a 0.7% dividend yield. The payout is backed by a conservative dividend payout ratio of 22.1%.

Insider Buying and Selling at Visa Inc.

Company insiders executed several transactions prior to the filing. Chief Executive Officer Ryan McInerney and General Counsel Julie B Rottenberg sold shares across August and September under non-planned open market trades.

Analysts Set New Price Targets

Several research firms updated their views on the stock ahead of the filing. Cantor Fitzgerald, Truist Securities, Wolfe Research, RBC Capital, and Baird all maintained positive ratings while raising their respective price targets. Wall Street currently rates the stock a strong buy with a mean price target of $422.77.

About Visa Inc.

Headquartered in San Francisco, Visa operates payment technology networks that facilitate electronic funds transfers across the globe. Its infrastructure processes billions of transactions securely each year for financial institutions and merchants.

Bottom Line

Institutional adjustments in Visa highlight shifting portfolio allocations as the company heads toward its late October earnings report. Investors will be watching the upcoming financial results for continued growth in transaction volumes and revenue.