In a January 2026 research note, Neil Patel of Sovereign Capital forecast that Visa will extend its robust fundamentals into fiscal 2026, projecting adjusted EPS growth in the low double digits. This outlook builds on a 14% jump in adjusted EPS during fiscal 2025, driven by a 10% increase in processed transaction volume and a 12% rise in cross-border payments. Patel highlighted Visa’s resilient revenue stream—comprising 55% domestic service fees and 30% international service fees—as well as its 50% net margin, suggesting that operational leverage and expense discipline could support continued margin expansion despite muted consumer sentiment in key markets.

According to its latest 13F filing, Thrivent Financial for Lutherans acquired an additional 89,593 shares of Visa in the third quarter of 2025, bringing its total holding to 1,543,383 shares. This increase raised Visa’s weight within Thrivent’s equity portfolio to 1.0%, making it the fund’s 12th largest position. The transaction added approximately $526.9 million of market value to Thrivent’s assets under management, underscoring the institution’s confidence in Visa’s cash-flow profile and its role as a core holding for sustained dividend income and share-repurchase capacity.

In Q4 2025, Affiance Financial deployed $43.02 million to establish a new position in the Akre Focus ETF, which holds just 20 high-quality U.S. equities selected under Chuck Akre’s disciplined ‘Three-Legged Stool’ approach. The 656,658 shares purchased represent 6.92% of Affiance’s 13F-reportable assets, making it the firm’s fourth-largest individual holding. Among the ETF’s top names are Visa, Mastercard and Brookfield, illustrating Affiance’s strategic tilt toward concentrated active management in pursuit of risk-adjusted outperformance, albeit at a 0.98% expense ratio significantly above passive alternatives.