Mastercard Incorporated $MA Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company trimmed its holdings in shares of Mastercard Incorporated (NYSE:MA) by 20.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 635,116 shares of the credit services provider’s stock after selling 163,797 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Mastercard were worth $317,340,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Riggs Asset Managment Co. Inc. raised its holdings in Mastercard by 20.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock valued at $61,000 after acquiring an additional 18 shares in the last quarter. Abacus Planning Group Inc. boosted its stake in Mastercard by 3.3% during the 4th quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock valued at $337,000 after acquiring an additional 19 shares during the last quarter. Thomasville National Bank grew its holdings in Mastercard by 4.1% during the 4th quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock worth $273,000 after acquiring an additional 19 shares in the last quarter. Castle Rock Wealth Management LLC grew its holdings in Mastercard by 2.8% during the 4th quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock worth $387,000 after acquiring an additional 19 shares in the last quarter. Finally, Resurgent Financial Advisors LLC increased its position in shares of Mastercard by 1.2% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 1,597 shares of the credit services provider’s stock worth $908,000 after purchasing an additional 19 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Scam-prevention initiatives could support growth and trust. Mastercard is strengthening its defenses against scams, a move that may improve consumer confidence, reinforce relationships with financial institutions and support the value of its payment network. Mastercard bolsters scam defense
• Positive Sentiment: Potential Vocalink sale is drawing investor attention. A possible sale of Vocalink could allow Mastercard to monetize an asset and sharpen its strategic focus, although the financial impact will depend on transaction terms and execution. The company’s recent earnings momentum is another supportive factor for shareholders. Potential Vocalink Sale and Earnings Momentum
• Positive Sentiment: Expectations remain constructive ahead of earnings. Analysts’ estimates for Mastercard’s June 2026 quarter and key operating metrics are being closely monitored. The upcoming report is expected to provide insight into payment volumes, cross-border activity and consumer spending. Mastercard Q2 earnings estimates
• Neutral Sentiment: Visa and Mastercard earnings will offer an industry read-through. Investors are watching both companies’ results for evidence of the health of consumer spending and cross-border transactions, which could create volatility for MA depending on the reported trends. Visa and Mastercard earnings estimates
• Neutral Sentiment: Mastercard launched a U.S.-dollar corporate debit card with Egypt’s National Bank, expanding its commercial-payments presence in the region. Egypt corporate debit card launch
• Negative Sentiment: Truist issued a pessimistic forecast for MA shares. The bearish outlook presents a counterweight to the positive earnings expectations and could limit upside if Mastercard’s results or guidance disappoint. Truist forecast for Mastercard

Insiders Place Their Bets

In other news, insider Raj Seshadri sold 1,977 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the completion of the transaction, the insider owned 16,429 shares of the company’s stock, valued at approximately $8,702,934.17. The trade was a 10.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandra A. Arkell sold 200 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $540.00, for a total transaction of $108,000.00. Following the transaction, the insider owned 3,322 shares of the company’s stock, valued at $1,793,880. This represents a 5.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,005 shares of company stock worth $3,689,976 over the last quarter. 0.09% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MA shares. Morgan Stanley reaffirmed an “overweight” rating and set a $679.00 price target on shares of Mastercard in a research report on Friday, May 1st. Wall Street Zen lowered Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Susquehanna cut their price objective on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Royal Bank Of Canada reduced their target price on Mastercard from $656.00 to $629.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Finally, Barclays initiated coverage on Mastercard in a report on Wednesday, July 8th. They issued an “overweight” rating and a $640.00 price target for the company. Eight investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $653.65.

Mastercard Stock Up 2.2%

NYSE:MA opened at $551.51 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56. The stock has a 50 day moving average of $509.21 and a 200-day moving average of $514.44. The firm has a market capitalization of $487.31 billion, a PE ratio of 31.92, a price-to-earnings-growth ratio of 1.69 and a beta of 0.73. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter last year, the business posted $3.73 EPS. The business’s revenue was up 15.8% on a year-over-year basis. Analysts predict that Mastercard Incorporated will post 19.62 EPS for the current year.

Mastercard Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 9th will be given a $0.87 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is currently 20.14%.

About Mastercard

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.