Corient Private Wealth LP Sells 25,794 Shares of Mastercard Incorporated $MA

Corient Private Wealth LP decreased its holdings in Mastercard Incorporated (NYSE:MA) by 3.8% in the second quarter, HoldingsChannel.com reports. The fund owned 654,718 shares of the credit services provider’s stock after selling 25,794 shares during the period. Corient Private Wealth LP’s holdings in Mastercard were worth $336,341,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. California State Teachers Retirement System raised its holdings in Mastercard by 49,444.6% in the 2nd quarter. California State Teachers Retirement System now owns 637,466,453 shares of the credit services provider’s stock worth $327,402,770,000 after purchasing an additional 636,179,801 shares in the last quarter. J. Stern & Co. LLP lifted its position in shares of Mastercard by 53,535.0% in the 4th quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock worth $41,444,231,000 after purchasing an additional 72,461,743 shares during the period. Norges Bank bought a new stake in shares of Mastercard during the 4th quarter valued at about $6,705,708,000. Cardano Risk Management B.V. boosted its stake in shares of Mastercard by 861.6% during the 4th quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider’s stock valued at $2,324,743,000 after purchasing an additional 3,648,748 shares in the last quarter. Finally, Fundsmith LLP purchased a new position in shares of Mastercard during the second quarter valued at about $639,458,000. Institutional investors own 97.28% of the company’s stock.

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total value of $2,440,926.80. Following the completion of the sale, the insider owned 31,179 shares of the company’s stock, valued at approximately $17,781,695.49. This trade represents a 12.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 15,372 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the transaction, the chief executive officer owned 93,693 shares of the company’s stock, valued at $53,873,475. This represents a 14.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 74,623 shares of company stock worth $42,544,606. Insiders own 0.09% of the company’s stock.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: AI commerce expansion: Mastercard introduced tools that help merchants connect to AI shopping agents and build “agentic commerce” experiences. The initiatives could support future payment volume and reinforce Mastercard’s role in online transactions as autonomous purchasing develops. Mastercard gives merchants a simpler way to build, connect and scale AI-powered shopping experiences
• Positive Sentiment: Digital-wallet growth opportunity: Mastercard launched Wallet Pay to connect regional wallets with its global network across contactless, QR-code and online payments. With digital-wallet users projected to exceed 6 billion by 2030, the service could create additional cross-border transaction growth. Mastercard Launches Wallet Pay to Scale Digital Wallets Worldwide
• Positive Sentiment: Trust framework for AI payments: Mastercard, Visa and Ant International are developing “Know Your Agent” standards to identify and verify AI agents acting for consumers. Shared identity and fraud-prevention standards could make autonomous payments safer and more scalable across merchants. Payment firms Visa, Mastercard and Ant International team up on AI agent trust framework
• Positive Sentiment: New payment channels: Mastercard is partnering with Busha to enable digital-asset transfers in Nigeria and with City Union Bank in India on a single credential for multiple payment accounts. These initiatives broaden Mastercard’s reach in digital assets and account-linked payments. Mastercard and Busha bring trusted digital asset transfers to Nigeria
• Neutral Sentiment: Near-term catalyst remains limited: The announcements are primarily strategic and do not change current earnings estimates. Mastercard’s shares remain near their 12-month high and trade at roughly 31 times earnings, leaving the stock sensitive to profit-taking or broader market weakness.
• Negative Sentiment: Cannabis payments remain restricted: A Government Accountability Office review indicated that Visa and Mastercard are unlikely to change their cannabis-payment policies even if marijuana is moved to Schedule III, limiting a potential new transaction market. Visa and Mastercard Likely Won’t Change Cannabis-Payment Policies Under Schedule III

Mastercard Stock Down 0.4%

Shares of Mastercard stock opened at $565.18 on Friday. The company has a 50-day simple moving average of $562.46 and a two-hundred day simple moving average of $522.82. The stock has a market capitalization of $495.10 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 1.63 and a beta of 0.74. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.62. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 46.34% and a return on equity of 239.99%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.15 earnings per share. On average, analysts anticipate that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.

Mastercard Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have commented on MA. Cantor Fitzgerald raised their price objective on shares of Mastercard from $650.00 to $695.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Weiss Ratings upgraded Mastercard from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 17th. Wolfe Research increased their target price on Mastercard from $680.00 to $740.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. UBS Group raised their target price on Mastercard from $640.00 to $670.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Barclays lifted their price target on Mastercard from $640.00 to $660.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $666.64.

Mastercard Company Profile

Mastercard Incorporated (NYSE: MA) is a global technology company that operates a payments network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payment transactions, including credit, debit, prepaid and commercial payments, by providing the infrastructure used to authorize, clear and settle transactions.

Mastercard’s products and services include its Mastercard-branded payment cards, digital payment tools, contactless payment technology and payment solutions for businesses and governments.