Sepio Capital 13F: Cuts Visa (V) Stake by $1.6M

Sepio Capital lowered its holdings in Visa Inc. V by 16.2% during the quarter, according to a Form 13F filing on October 22, 2026. The fund sold 4,470 shares during the period, leaving it with 23,192 shares of the payment technology company. That remaining stake had a reported value of $8,333,726 at the time of the filing. 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 Sepio Capital's Visa Position

Before the adjustment, Sepio Capital owned 27,662 shares of Visa Inc. V. The 16.2% reduction leaves the fund with a smaller footprint of 23,192 shares. The reported value of the position stood at $8,333,726.

Other Institutional Activity in Visa

Other institutional investors also adjusted their positions in Visa Inc. V during the period. RMR Wealth Builders reduced its holdings by 2,414 shares, ending with 11,436 shares worth about $4,109,320. Parnassus Investments lowered its stake by 35.2% to finish with 202,081 shares valued at $72,613,766. Sagespring Wealth Partners lifted its holdings by 16.9%, buying 6,556 more shares to end with 45,440 shares worth about $16,327,897. True North Advisors trimmed its stake by 13.0%, shedding 2,541 shares to finish with 16,965 shares worth about $6,096,024. Perigon Wealth Management pared its holdings by 5.7% to hold 115,688 shares valued at $41,570,117.

Visa Inc. Stock Up 2.1%

Visa Inc. V recently traded around $410.88 on October 23, 2026, down about 0.8% from its filing-day close of $414.34. The stock recently traded above its 50-day moving average of $373.31 and well above its 200-day moving average of $339.45. Its shares have moved within a 52-week range of $293.89 to $404.74.

Recent Earnings

Visa Inc. V reported trailing-twelve-month revenue of $44.49 billion and earnings of $11.75 per share. The company posted a net profit margin of 50.8% and a return on equity of 61.2%. Its next quarterly financial update is scheduled for October 27, 2026.

Dividend

Visa Inc. V pays an annual dividend rate of $2.68 per share, which translates to a dividend yield of 0.67%. The company maintains a conservative dividend payout ratio of 22.1%, using a small portion of its earnings to reward shareholders while reinvesting the rest back into its global payment network.

Insider Buying and Selling at Visa Inc.

Company insiders executed several stock sales prior to the filing. Chief Executive Officer Ryan McInerney sold 5,875 shares on August 21, 2026, at an average price of $367.87 for a total of $2,161,236, and another 5,875 shares on September 1, 2026, at $379.65 for $2,230,444. General Counsel Julie B. Rottenberg sold 2,028 shares on August 31, 2026, at $381.35 totaling $773,378, and 1,867 shares on September 9, 2026, at $368.34 totaling $687,691.

Analysts Set New Price Targets

Wall Street firms remain mostly positive on the stock. On August 3, 2026, Cantor Fitzgerald maintained an overweight rating and raised its price target to $445.00 from $410.00. Truist Securities maintained a buy rating on August 5, 2026, lifting its target to $406.00 from $394.00. Wolfe Research maintained an outperform rating on August 25, 2026, taking its target to $460.00 from $435.00. RBC Capital maintained an outperform rating on August 31, 2026, raising its target to $466.00 from $412.00. Baird maintained an outperform rating on October 12, 2026, boosting its target to $430.00 from $420.00. The stock currently holds a consensus recommendation key of strong_buy across 37 analyst opinions, with a mean price target of $422.77.

About Visa

Visa Inc. V operates as a major payment technology company connecting consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. The business operates VisaNet, a digital transaction processing network that handles authorization, clearing, and settlement services worldwide. Institutional allocation shifts in the company provide insight into how professional investors manage exposure to global consumer spending trends.

Bottom Line

Investors are keeping an eye on Visa's upcoming earnings report on October 27, 2026, for fresh details on transaction volumes and revenue growth. Institutional adjustments from firms like Sepio Capital show how portfolios are balancing positions as the stock trades near its 52-week highs.