Tenet Wealth Partners LLC Takes $484,000 Position in Mastercard Incorporated $MA

Tenet Wealth Partners LLC bought a new stake in Mastercard Incorporated (NYSE:MA) in the 2nd quarter, Holdings Channel reports. The fund bought 877 shares of the credit services provider’s stock, valued at approximately $484,000.

A number of other large investors have also added to or reduced their stakes in MA. Brighton Jones LLC grew its stake in shares of Mastercard by 42.3% during the fourth quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after acquiring an additional 2,028 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Mastercard by 8.5% in the second quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after acquiring an additional 200 shares in the last quarter. Betterment LLC lifted its stake in shares of Mastercard by 6.5% in the second quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares in the last quarter. Worldquant Millennium Advisors LLC boosted its holdings in Mastercard by 35.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock valued at $380,548,000 after purchasing an additional 178,387 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in Mastercard in the second quarter valued at about $431,000. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Mastercard

In related news, insider Linda Kirkpatrick sold 4,280 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the sale, the insider owned 31,179 shares in the company, valued at $17,781,695.49. This represents a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 4,828 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total transaction of $2,534,700.00. Following the completion of the transaction, the insider directly owned 16,429 shares in the company, valued at $8,625,225. This represents a 22.71% decrease in their position. 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. In the last quarter, insiders have sold 74,623 shares of company stock valued at $42,544,606. Corporate insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on MA shares. Piper Sandler assumed coverage on Mastercard in a report on Monday, June 29th. They set an “overweight” rating and a $597.00 price objective on the stock. TD Cowen raised their price target on shares of Mastercard from $664.00 to $667.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Raymond James Financial restated an “outperform” rating and issued a $632.00 price target on shares of Mastercard in a research note on Friday, July 31st. Loop Capital reaffirmed a “buy” rating and issued a $631.00 price target on shares of Mastercard in a report on Wednesday, June 3rd. Finally, Wolfe Research increased their price objective on shares of Mastercard from $680.00 to $740.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Five research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $666.64.

Mastercard Price Performance

Shares of NYSE MA opened at $579.43 on Friday. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $601.62. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. The company has a market capitalization of $507.59 billion, a price-to-earnings ratio of 31.87, a price-to-earnings-growth ratio of 1.68 and a beta of 0.74. The business has a 50 day simple moving average of $558.51 and a 200-day simple moving average of $521.47.

Mastercard (NYSE:MA) last announced its quarterly earnings data 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. The firm had revenue of $9.28 billion for the quarter, compared to analysts’ expectations 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 period last year, the business posted $4.15 earnings per share. As a group, equities research analysts expect that Mastercard Incorporated will post 19.86 earnings per share for the current year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Thursday, July 9th were given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, July 9th. Mastercard’s dividend payout ratio (DPR) is presently 19.14%.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s Strive India program has helped small businesses access more than $150 million in credit. The initiative strengthens Mastercard’s role in financial inclusion and could expand future payment volumes in a large growth market. Mastercard Strive India Aids Small Firms With Over $150 Million in Credit
• Positive Sentiment: Mastercard launched its first Start Path cohort focused on agentic commerce, with 22 startups developing technology that enables AI agents to initiate and complete transactions. The effort positions Mastercard to capture a potential new payments channel as autonomous purchasing develops. Mastercard Start Path Launches Inaugural Agentic Commerce Cohort
• Positive Sentiment: Citi Hong Kong plans to introduce a virtual credit card with a dynamic card validation code in partnership with Mastercard. The product could improve digital-payment security and reinforce Mastercard’s technology value proposition. Citi Hong Kong Dynamic CVC Virtual Credit Card Partnership
• Neutral Sentiment: Mastercard expanded leadership for digital acceptance in the Europe, Middle East and Africa region and launched travel deals with Klook. Both developments may support merchant adoption and engagement, but are unlikely to materially change near-term earnings. Mastercard Elevates Vanshi Kotru Mastercard and Klook Launch Travel Deals
• Negative Sentiment: CFO Sachin Mehra sold 3,266 shares valued at approximately $1.9 million, reducing his direct holdings by 8.18%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal, but it can still weigh on sentiment—particularly with Mastercard trading near a 52-week high and at a premium earnings multiple. SEC Insider Transaction Filing

Mastercard 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.