Burgundy Asset Management Ltd. Has $119.38 Million Stock Holdings in Mastercard Incorporated $MA

Burgundy Asset Management Ltd. decreased its holdings in shares of Mastercard Incorporated (NYSE:MA) by 1.8% in the third quarter, Holdings Channel reports. The firm owned 200,540 shares of the credit services provider’s stock after selling 3,726 shares during the quarter. Burgundy Asset Management Ltd.’s holdings in Mastercard were worth $119,379,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new position in shares of Mastercard during the 2nd quarter worth approximately $29,000. Robbins Farley raised its stake in Mastercard by 50.0% during the third quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 18 shares in the last quarter. Tacita Capital Inc lifted its holdings in shares of Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after acquiring an additional 19 shares during the period. True Wealth Design LLC lifted its holdings in shares of Mastercard by 45.2% during the second quarter. True Wealth Design LLC now owns 61 shares of the credit services provider’s stock valued at $34,000 after acquiring an additional 19 shares during the period. Finally, Sagard Holdings Management Inc. acquired a new stake in shares of Mastercard in the 2nd quarter valued at $37,000. 97.28% of the stock is currently owned by institutional investors.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard announced a partnership to test SoFiUSD (a fully reserved U.S. dollar stablecoin) as a settlement option on its network — a first for a U.S. nationally chartered bank — which could open a new low-cost settlement rail for cross‑border remittances, B2B transfers and digital‑asset flows. This strengthens Mastercard’s infrastructure role beyond card rails and could drive new volume and fee-for-service opportunities. SoFi Mastercard Stablecoin Deal Shifts Focus To Payments Infrastructure Growth
• Positive Sentiment: Industry coverage notes Mastercard is actively testing SoFiUSD settlement across issuers and acquirers, reinforcing the previous item and signaling early product commercialization rather than pilot-stage PR only. That execution risk/reward dynamic is important for investors watching new revenue streams. SoFi to test SoFiUSD settlement across Mastercard network
• Positive Sentiment: Mastercard completed the first live AI-agent-initiated payment in Singapore with banks (DBS, UOB), demonstrating product-level AI integrations that can drive merchant/issuer adoption and stickier transaction flows. Early real-world use cases reduce execution risk on AI-enabled payments. Mastercard Completes First Live AI Agent Payment in Singapore With DBS, UOB
• Positive Sentiment: Broader ecosystem support: Stripe announced support for Visa and Mastercard agentic tokens (and BNPL routing for Klarna/Affirm), which helps drive token adoption and lowers friction for Mastercard’s network services and value‑added products. Stripe Will Support Visa And Mastercard Agentic Tokens And Back BNPL for Klarna And Affirm
• Positive Sentiment: Regional product rollouts and programs (premium card tier launch in Canada with Rogers, Small Business Fund opening, contactless metro payments in Taipei) continue to expand merchant and consumer touchpoints, supporting mid‑to‑long‑term volume growth and brand positioning. Mastercard launches premium tier in Canada with Rogers as debut
• Neutral Sentiment: The Mastercard Economics Institute published research on the economic impact of cybercrime — helpful for thought leadership and selling security solutions, but its near‑term revenue impact is indirect. Mastercard: What Spending Data Tells Us About Cyberattacks
• Neutral Sentiment: Company presentations and analyst pieces (Morgan Stanley conference transcript; bullish Seeking Alpha write-ups highlighting valuation and value‑added segments) provide context for strategy and investor expectations but don’t change fundamentals immediately. Mastercard Incorporated (MA) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Negative Sentiment: Regulatory/competitive risk: coverage on the EU exploring ways to reduce reliance on Visa/Mastercard highlights potential long‑term market share and fee‑pressure risks in Europe if policymakers push alternative rails or tougher rules. That remains a watch item for revenue durability. How close is the EU to break free from Visa and Mastercard’s grip?
• Negative Sentiment: Macro/competitive rotation: American Express boosted its dividend, which may prompt some income-tilted flows away from growthier payment names like Mastercard and can create short-term comparative pressure. AmEx Turns on the Cash Tap: Dividends Boom Amid AI Concerns

Wall Street Analyst Weigh In

MA has been the subject of a number of recent analyst reports. Evercore set a $610.00 target price on shares of Mastercard in a research report on Friday, December 12th. Compass Point raised shares of Mastercard from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $620.00 to $735.00 in a report on Tuesday, January 13th. Raymond James Financial cut their target price on shares of Mastercard from $707.00 to $631.00 and set an “outperform” rating for the company in a research note on Thursday, January 29th. Wall Street Zen raised Mastercard from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Finally, Truist Financial set a $611.00 price target on Mastercard in a report on Tuesday, February 10th. Six research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $669.27.

Mastercard Stock Down 0.1%

NYSE:MA opened at $523.69 on Thursday. The company has a market cap of $467.03 billion, a price-to-earnings ratio of 31.70, a P/E/G ratio of 1.68 and a beta of 0.83. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.03 and a current ratio of 1.03. The stock’s fifty day moving average price is $541.76 and its two-hundred day moving average price is $558.24. Mastercard Incorporated has a 52-week low of $465.59 and a 52-week high of $601.77.

Mastercard (NYSE:MA) last released its earnings results on Thursday, January 29th. The credit services provider reported $4.76 EPS for the quarter, beating the consensus estimate of $4.24 by $0.52. The company had revenue of $8.81 billion during the quarter, compared to analysts’ expectations of $8.80 billion. Mastercard had a return on equity of 203.92% and a net margin of 45.65%.The business’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same period last year, the firm earned $3.82 EPS. On average, analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Thursday, April 9th will be paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 9th. Mastercard’s dividend payout ratio (DPR) is 21.07%.

Mastercard Company Profile

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.