Mastercard Incorporated $MA Holdings Increased by Aprio Wealth Management LLC

Aprio Wealth Management LLC boosted its stake in Mastercard Incorporated (NYSE:MA) by 23.0% during the third quarter, HoldingsChannel reports. The firm owned 5,597 shares of the credit services provider’s stock after buying an additional 1,048 shares during the period. Aprio Wealth Management LLC’s holdings in Mastercard were worth $3,087,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Robinswood Financial LLC purchased a new stake in Mastercard during the first quarter valued at about $25,000. Allied Private Wealth LLC purchased a new position in shares of Mastercard in the 2nd quarter worth about $34,000. IMG Wealth Management Inc. increased its position in shares of Mastercard by 58.7% during the 3rd quarter. IMG Wealth Management Inc. now owns 73 shares of the credit services provider’s stock valued at $40,000 after purchasing an additional 27 shares during the last quarter. Premier Financial Group bought a new position in shares of Mastercard during the 2nd quarter valued at about $39,000. Finally, Roxbury Financial LLC increased its position in shares of Mastercard by 102.6% during the 2nd quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider’s stock valued at $40,000 after purchasing an additional 40 shares during the last quarter. 97.28% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Mastercard news, CFO Ling Hai sold 4,317 shares of the firm’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $620.00, for a total transaction of $2,676,540.00. Following the completion of the transaction, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,165,000. This trade represents a 10.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 3,266 shares of Mastercard stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total transaction of $1,907,344.00. Following the transaction, the insider directly owned 36,650 shares of the company’s stock, valued at approximately $21,403,600. This trade represents a 8.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 56,048 shares of company stock valued at $32,527,203 over the last quarter. 0.09% of the stock is owned by company insiders.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q3 results exceeded expectations: Mastercard reported adjusted earnings of $5.31 per share versus the $5.17 consensus, while revenue rose 14% year over year to $9.81 billion, ahead of the $9.66 billion estimate. Net income increased 18% to approximately $4.6 billion. Reuters earnings article
• Positive Sentiment: Payment activity and services remained strong: Purchase volume rose 9%, cross-border volume increased 11%, and switched transactions grew 9% on a local-currency basis. Value-added services revenue advanced 19%, supported by fraud prevention, data and marketing offerings, while the adjusted operating margin reached 60.5%.
• Positive Sentiment: Analyst sentiment improved materially: TD Cowen, Wells Fargo, RBC, Barclays, Keefe, Bruyette & Woods and Susquehanna all raised their price targets, with targets ranging from $700 to $750 and ratings including “buy,” “overweight” and “outperform.” Analysts also highlighted Mastercard’s potential in AI commerce, tokenized payments and stablecoins. Zacks earnings call article
• Neutral Sentiment: Mastercard continues expanding its payments ecosystem through partnerships involving Google Pay, pay-by-bank services, co-branded cards and agentic commerce. These initiatives could support long-term transaction growth, although their near-term financial contribution is uncertain.
• Negative Sentiment: Investors face legal and financial risks. A proposed £5 billion UK collective lawsuit alleges Mastercard’s interchange fees harmed merchants. Separately, nine-month operating cash flow declined 6%, while buybacks and dividends exceeded operating cash flow and debt increased by roughly $4.9 billion. UK lawsuit article

Analysts Set New Price Targets

A number of analysts recently weighed in on MA shares. The Goldman Sachs Group restated a “buy” rating and issued a $701.00 target price (up from $674.00) on shares of Mastercard in a research report on Thursday, July 30th. Weiss Ratings raised shares of Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Evercore boosted their price objective on shares of Mastercard from $550.00 to $620.00 in a report on Friday, July 31st. Robert W. Baird upped their price objective on shares of Mastercard from $660.00 to $710.00 and gave the company an “outperform” rating in a research note on Friday, October 9th. Finally, Susquehanna increased their target price on shares of Mastercard from $665.00 to $740.00 and gave the company a “positive” rating in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $698.36.

Mastercard Stock Performance

Shares of NYSE:MA opened at $638.50 on Friday. The company has a market cap of $559.33 billion, a price-to-earnings ratio of 33.39, a price-to-earnings-growth ratio of 1.81 and a beta of 0.76. The company has a 50-day moving average price of $586.79 and a 200-day moving average price of $536.21. The company has a current ratio of 1.01, a quick ratio of 1.06 and a debt-to-equity ratio of 3.29. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $644.24.

Mastercard (NYSE:MA) last posted its earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $9.66 billion. During the same period last year, the firm earned $4.38 earnings per share. Mastercard’s quarterly revenue was up 14.0% on a year-over-year basis. As a group, equities analysts anticipate that Mastercard Incorporated will post 19.91 EPS for the current year.

Mastercard Dividend Announcement

The business also recently declared 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. The ex-dividend date is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.5%. Mastercard’s payout ratio is 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.