Segment Wealth Management LLC boosted its position in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 11.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,643 shares of the credit services provider’s stock after purchasing an additional 876 shares during the period. Segment Wealth Management LLC’s holdings in Mastercard were worth $4,766,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Verdence Capital Advisors LLC lifted its holdings in shares of Mastercard by 13.8% in the third quarter. Verdence Capital Advisors LLC now owns 12,520 shares of the credit services provider’s stock valued at $6,904,000 after purchasing an additional 1,516 shares in the last quarter. apricus wealth LLC boosted its position in shares of Mastercard by 6.7% during the third quarter. apricus wealth LLC now owns 951 shares of the credit services provider’s stock worth $524,000 after buying an additional 60 shares during the period. Patton Albertson Miller Group LLC boosted its position in shares of Mastercard by 0.9% during the third quarter. Patton Albertson Miller Group LLC now owns 11,720 shares of the credit services provider’s stock worth $6,463,000 after buying an additional 99 shares during the period. Westover Capital Advisors LLC grew its holdings in shares of Mastercard by 11.0% during the third quarter. Westover Capital Advisors LLC now owns 881 shares of the credit services provider’s stock worth $486,000 after buying an additional 87 shares in the last quarter. Finally, Motive Wealth Advisors grew its holdings in shares of Mastercard by 5.9% during the third quarter. Motive Wealth Advisors now owns 949 shares of the credit services provider’s stock worth $523,000 after buying an additional 53 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.
Mastercard Price Performance
Shares of NYSE MA opened at $614.38 on Tuesday. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The business has a 50-day moving average of $581.69 and a 200-day moving average of $535.08. The stock has a market capitalization of $538.21 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 1.78 and a beta of 0.76. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $633.29.
Mastercard (NYSE:MA – Get Free Report) last released its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The business had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. During the same quarter in the prior year, the company posted $4.15 earnings per share. Mastercard’s revenue was up 14.1% on a year-over-year basis. As a group, sell-side analysts predict that Mastercard Incorporated will post 19.91 earnings per share for the current fiscal year.
Mastercard Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio (DPR) is currently 19.14%.
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard partnered with Tech Mahindra to embed virtual cards and payment capabilities into ERP and procurement platforms. The initiative could expand Mastercard’s business-to-business payments volume, improve spend controls and support value-added-services revenue. Tech Mahindra and Mastercard partnership
- Positive Sentiment: The company is expanding its First-Party Trust program across Europe, the Middle East and Africa to reduce “friendly fraud” and payment disputes. Broader fraud-prevention and chargeback tools may strengthen merchant relationships and create additional services revenue. Mastercard EMEA fraud program
- Positive Sentiment: Mastercard launched a creator-focused card initiative with MrBeast’s Beast Industries, potentially supporting new co-branded card programs, consumer engagement and creator-economy payment products. Mastercard creator card project
- Positive Sentiment: Mastercard is being positioned to benefit from long-term digital-payments growth, AI-agent commerce, tokenization and expanded payment-security applications. A financing platform with FCMB could also broaden financial access for Nigerian farmers. Mastercard and AI-agent commerce
- Neutral Sentiment: Analysts expect Visa and Mastercard to meet or beat quarterly estimates, with investors focused on payment volume, cross-border growth, value-added services and management’s outlook. The positive expectations raise the bar for MA’s October 29 report. Visa and Mastercard earnings outlook
- Negative Sentiment: With Mastercard trading at roughly 34 times earnings and near its annual high, investors may be locking in gains or reducing exposure before earnings. Any disappointment in key metrics or guidance could pressure the stock despite favorable long-term fundamentals. Mastercard third-quarter earnings risks
Insider Activity
In other Mastercard news, CEO Michael Miebach sold 16,628 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $567.68, for a total transaction of $9,439,383.04. Following the transaction, the chief executive officer owned 115,921 shares of the company’s stock, valued at $65,806,033.28. The trade was a 12.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 371 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $585.01, for a total value of $217,038.71. Following the sale, the director owned 8,607 shares in the company, valued at approximately $5,035,181.07. This represents a 4.13% 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. Over the last three months, insiders have sold 72,676 shares of company stock worth $41,966,586. Corporate insiders own 0.09% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have commented on MA. Raymond James Financial restated an “outperform” rating and issued a $632.00 target price (up from $609.00) on shares of Mastercard in a research note on Friday, July 31st. KeyCorp raised their price target on shares of Mastercard from $670.00 to $680.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Keefe, Bruyette & Woods raised their price target on shares of Mastercard from $665.00 to $685.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Royal Bank Of Canada lifted their price objective on shares of Mastercard from $642.00 to $696.00 and gave the company an “outperform” rating in a report on Monday, August 31st. Finally, Loop Capital boosted their price objective on shares of Mastercard from $631.00 to $647.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Mastercard presently has a consensus rating of “Moderate Buy” and an average target price of $683.94.
Check Out Our Latest Stock Analysis on MA
Mastercard Company Profile
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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