State Street Corp Has $18.98 Billion Stock Holdings in Mastercard Incorporated $MA

State Street Corp raised its stake in Mastercard Incorporated (NYSE:MA) by 1.3% in the second quarter, Holdings Channel reports. The firm owned 36,964,305 shares of the credit services provider’s stock after acquiring an additional 486,283 shares during the quarter. State Street Corp’s holdings in Mastercard were worth $18,984,867,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Athena Wealth Management LLC increased its holdings in Mastercard by 3.8% during the second quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock worth $264,000 after buying an additional 19 shares during the last quarter. Novem Group increased its stake in shares of Mastercard by 0.4% during the 2nd quarter. Novem Group now owns 4,680 shares of the credit services provider’s stock worth $2,404,000 after purchasing an additional 19 shares during the last quarter. Vista Capital Partners Inc. raised its holdings in shares of Mastercard by 4.5% in the 2nd quarter. Vista Capital Partners Inc. now owns 444 shares of the credit services provider’s stock valued at $228,000 after purchasing an additional 19 shares during the period. Buckley Wealth Management LLC raised its holdings in shares of Mastercard by 0.8% in the 4th quarter. Buckley Wealth Management LLC now owns 2,504 shares of the credit services provider’s stock valued at $1,430,000 after purchasing an additional 20 shares during the period. Finally, Cladis Investment Advisory LLC lifted its stake in Mastercard by 4.9% in the 4th quarter. Cladis Investment Advisory LLC now owns 428 shares of the credit services provider’s stock valued at $245,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Performance

MA stock traded down $8.60 during mid-day trading on Tuesday, hitting $559.05. 1,489,488 shares of the company were exchanged, compared to its average volume of 3,554,681. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.23. The stock has a market capitalization of $489.74 billion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 1.62 and a beta of 0.74. The business has a 50 day simple moving average of $567.94 and a 200-day simple moving average of $525.66. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96.

Mastercard (NYSE:MA) last posted its earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating the consensus estimate of $4.77 by $0.27. The company had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.15 earnings per share. On average, equities analysts forecast that Mastercard Incorporated will post 19.9 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Sachin Mehra sold 3,266 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total value of $1,907,344.00. Following the transaction, the insider directly owned 36,650 shares in the company, valued at approximately $21,403,600. This represents a 8.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the transaction, the insider directly owned 31,179 shares in the company, valued at approximately $17,781,695.49. This represents a 12.07% 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. Insiders sold a total of 74,623 shares of company stock worth $42,544,606 over the last three months. 0.09% of the stock is currently owned by corporate insiders.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Stablecoin settlement expands Mastercard’s payment capabilities. Mastercard and SoFi are using stablecoin settlement for SoFi Bank’s debit and credit card programs. The initiative could improve settlement speed and efficiency while positioning Mastercard to benefit from broader digital-asset adoption. Mastercard and SoFi Bring Stablecoin Settlement to Cards as Step One of Broader Rollout
• Positive Sentiment: New commercial and digital-payment partnerships support growth. Mastercard is adding commercial-card capabilities to Upfront’s platform for small and midsize businesses in the Middle East and North Africa. It is also working with Google on passwordless, biometric payments and expanding digital-wallet interoperability. Upfront and Mastercard partner on commercial card payments for MENA SMEs
• Positive Sentiment: Mastercard is advancing agentic commerce. Transactions completed with AI agents through Mastercard’s Agent Pay, including a Danske Bank pilot in Denmark and a Rogers Bank/Flybits test in Canada, could create new payment volume if automated shopping becomes mainstream. Analysts collectively maintain a “Buy” recommendation, providing additional support for the shares. Mastercard Helps Danske Bank With Denmark-First Agentic Transaction
• Neutral Sentiment: Mastercard is reportedly exiting its Pine Labs investment. The approximately $93 million block sale may provide liquidity and realize gains, but it also removes exposure to a potentially valuable fintech asset. The transaction is not expected to materially change Mastercard’s core operating outlook. Mastercard to exit Pine Labs in $93 million block deal
• Negative Sentiment: Legal exposure and strategic uncertainty weigh on sentiment. Mastercard and Visa face a proposed $167.5 million ATM-fee antitrust settlement, which could add costs and reinforce regulatory concerns. Separately, reports that AI-agent interoperability may reduce Mastercard’s exclusive control over agent verification raise questions about future economics in automated commerce. $167.5 million Mastercard, Visa ATM anti-trust settlement could mean money for users

Analyst Ratings Changes

A number of equities analysts have weighed in on MA shares. Wolfe Research boosted their price target on Mastercard from $680.00 to $740.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Morgan Stanley raised their price objective on Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Truist Financial boosted their target price on Mastercard from $554.00 to $633.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings raised Mastercard from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 17th. Finally, Robert W. Baird increased their price target on Mastercard from $660.00 to $680.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Mastercard presently has an average rating of “Buy” and an average price target of $666.64.

About Mastercard

Mastercard Incorporated (NYSE: MA) is a global technology company that operates a payments network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payment transactions, including credit, debit, prepaid and commercial payments, by providing the infrastructure used to authorize, clear and settle transactions.

Mastercard’s products and services include its Mastercard-branded payment cards, digital payment tools, contactless payment technology and payment solutions for businesses and governments.