Mastercard Incorporated $MA Shares Sold by New York Life Investment Management LLC

New York Life Investment Management LLC lowered its stake in shares of Mastercard Incorporated (NYSE:MA) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 118,884 shares of the credit services provider’s stock after selling 1,256 shares during the quarter. Mastercard comprises about 0.6% of New York Life Investment Management LLC’s holdings, making the stock its 29th largest position. New York Life Investment Management LLC’s holdings in Mastercard were worth $67,868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Pinnacle Associates Ltd. increased its stake in shares of Mastercard by 1.3% during the 4th quarter. Pinnacle Associates Ltd. now owns 41,470 shares of the credit services provider’s stock valued at $23,675,000 after acquiring an additional 540 shares during the last quarter. Simmons Bank increased its stake in shares of Mastercard by 2.0% during the 4th quarter. Simmons Bank now owns 6,704 shares of the credit services provider’s stock valued at $3,827,000 after acquiring an additional 132 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of Mastercard by 0.7% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,270,542 shares of the credit services provider’s stock valued at $726,602,000 after acquiring an additional 8,966 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of Mastercard by 820.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock valued at $26,000 after acquiring an additional 41 shares during the last quarter. Finally, Castle Rock Wealth Management LLC increased its stake in shares of Mastercard by 2.8% during the 4th quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock valued at $387,000 after acquiring an additional 19 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MA. Truist Financial decreased their target price on Mastercard from $590.00 to $561.00 and set a “buy” rating for the company in a report on Tuesday. JPMorgan Chase & Co. decreased their target price on Mastercard from $685.00 to $655.00 and set an “overweight” rating for the company in a report on Friday, January 30th. Bank of America began coverage on Mastercard in a report on Thursday, March 5th. They set a “buy” rating and a $700.00 target price for the company. Loop Capital began coverage on Mastercard in a report on Tuesday, March 31st. They set a “buy” rating and a $631.00 target price for the company. Finally, Weiss Ratings cut Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Mastercard currently has an average rating of “Buy” and a consensus target price of $656.00.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is testing AI-driven “agentic commerce” payments with PhotonPay, which could open a new growth avenue in autonomous, secure digital transactions as the market for AI-enabled commerce develops. PhotonPay Completes its First Live Agentic Payment Together with Mastercard
• Positive Sentiment: Amazon launched new Prime Business and Amazon Business credit cards powered by U.S. Bank and the Mastercard network, reinforcing Mastercard’s role in large co-branded card programs and ongoing payment volume growth. Amazon’s New Prime Business and Amazon Business Credit Cards, Powered by U.S. Bank and Mastercard®, Are Now Available with Enhanced Rewards and Flexible Financing
• Positive Sentiment: Analysts continue to highlight Mastercard as a top financial-transaction name benefiting from digital payment trends, including contactless payments, BNPL, and cross-border commerce. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Neutral Sentiment: Mastercard also got attention from sustainability-related coverage and broader analyst commentary, but these items appear more informational than immediately stock-moving. Mastercard: How Technology Is Turning Sustainability Goals Into Measurable Action
• Negative Sentiment: A U.S. inquiry into Brazil’s PIX instant-payment system raises concern that government-backed payment rails could bypass card networks and pressure Mastercard’s long-term transaction growth. U.S. PIX Inquiry Puts Mastercard Growth And Valuation In Focus
• Negative Sentiment: New proposed U.S. campaign-finance transparency rules could add compliance requirements for card networks that process political donations, including Mastercard. New Bill: Representative Bryan Steil introduces H.R. 8720: Campaign Finance Transparency Act
• Negative Sentiment: Truist cut its price target on Mastercard, which may reinforce concerns that the stock’s valuation is being tempered by macro headwinds and slower near-term growth. Mastercard (NYSE:MA) Price Target Cut to $561.00 by Analysts at Truist Financial

Mastercard Stock Down 0.1%

NYSE MA opened at $489.91 on Friday. The stock has a market cap of $432.87 billion, a PE ratio of 28.35, a P/E/G ratio of 1.53 and a beta of 0.76. Mastercard Incorporated has a fifty-two week low of $480.50 and a fifty-two week high of $601.77. The business has a 50 day moving average price of $503.90 and a two-hundred day moving average price of $531.86. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. The firm had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.Mastercard’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.73 EPS. As a group, sell-side analysts predict that Mastercard Incorporated will post 19.58 EPS for the current fiscal year.

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.