Integrity Alliance LLC. grew its stake in Mastercard Incorporated (NYSE:MA – Free Report) by 7.8% in the third quarter, HoldingsChannel reports. The fund owned 14,197 shares of the credit services provider’s stock after acquiring an additional 1,023 shares during the period. Integrity Alliance LLC.’s holdings in Mastercard were worth $7,829,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of MA. Integrity Advisory Solutions LLC grew its stake in shares of Mastercard by 37.7% during the third quarter. Integrity Advisory Solutions LLC now owns 1,667 shares of the credit services provider’s stock valued at $920,000 after purchasing an additional 456 shares during the last quarter. Reston Wealth Management LLC acquired a new stake in shares of Mastercard in the third quarter valued at approximately $223,000. Heathbridge Capital Management Ltd. acquired a new stake in shares of Mastercard in the third quarter valued at approximately $207,000. First Nebraska Trust Co bought a new position in Mastercard in the 3rd quarter worth approximately $2,209,000. Finally, IPG Investment Advisors LLC raised its position in Mastercard by 3.1% in the 3rd quarter. IPG Investment Advisors LLC now owns 7,139 shares of the credit services provider’s stock worth $3,937,000 after purchasing an additional 214 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.
Key Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard reported third-quarter revenue of $9.81 billion, up 14% year over year, and earnings per share of $5.31, exceeding analyst expectations. Management cited broad growth across its payments network and value-added services. Q3 results and growth drivers
- Positive Sentiment: Mastercard is expanding its agentic-commerce and cross-border payments efforts through partnerships with OpenAI and Tencent, including plans to deepen remittance ties and enable overseas wallets to pay at participating QR merchants in China. These initiatives could broaden payment volume and acceptance over time. OpenAI and Tencent partnerships Tencent payment and remittance plans
- Positive Sentiment: Several analysts raised their price targets after the earnings report, including UBS to $750 and Cantor Fitzgerald to $765, reflecting confidence in Mastercard’s growth outlook. Cantor Fitzgerald target increase
- Neutral Sentiment: Mastercard introduced free cybersecurity lessons for European small and midsize businesses. The program may strengthen customer relationships and resilience, though its direct financial impact is unclear. Cybersecurity lessons for SMEs
- Negative Sentiment: CFO Ling Hai sold roughly 8,635 shares across two transactions, reducing his stake by about 10.8%. The sales were made under a pre-arranged Rule 10b5-1 plan, which can temper concerns that they reflect a fresh view on the company. SEC filing on CFO share sales
Insider Activity at Mastercard
In other Mastercard news, Director Julius Genachowski sold 370 shares of the firm’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $590.21, for a total transaction of $218,377.70. Following the transaction, the director owned 8,237 shares in the company, valued at approximately $4,861,559.77. This trade represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 3,266 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $584.00, for a total value of $1,907,344.00. Following the transaction, the insider owned 36,650 shares of the company’s stock, valued at $21,403,600. The trade was a 8.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 25,403 shares of company stock worth $15,428,736. 0.09% of the stock is owned by insiders.
Analysts Set New Price Targets
Several research firms have issued reports on MA. Morgan Stanley upped their price objective on Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Dbs Bank raised Mastercard to a “moderate buy” rating in a research note on Friday, August 21st. Cantor Fitzgerald boosted their target price on Mastercard from $695.00 to $765.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. TD Cowen boosted their target price on Mastercard from $667.00 to $726.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. Finally, BNP Paribas Exane upped their price target on Mastercard from $680.00 to $713.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $702.91.
Read Our Latest Stock Report on Mastercard
Mastercard Price Performance
MA opened at $647.13 on Wednesday. The company has a fifty day moving average price of $589.30 and a two-hundred day moving average price of $537.28. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.01 and a current ratio of 1.01. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $661.34. The firm has a market capitalization of $566.89 billion, a PE ratio of 33.85, a P/E/G ratio of 1.86 and a beta of 0.78.
Mastercard (NYSE:MA – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The company had revenue of $9.81 billion for the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter in the prior year, the business posted $4.38 EPS. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. As a group, analysts anticipate that Mastercard Incorporated will post 19.99 earnings per share for the current year.
Mastercard Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be issued a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio is currently 18.20%.
About Mastercard
Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.
In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.
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