iA Global Asset Management Inc. Has $120.95 Million Position in Mastercard Incorporated $MA

iA Global Asset Management Inc. boosted its holdings in Mastercard Incorporated (NYSE:MA) by 1.8% during the second quarter, HoldingsChannel.com reports. The fund owned 235,496 shares of the credit services provider’s stock after purchasing an additional 4,188 shares during the period. Mastercard accounts for 1.4% of iA Global Asset Management Inc.’s portfolio, making the stock its 13th largest holding. iA Global Asset Management Inc.’s holdings in Mastercard were worth $120,951,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Border to Coast Pensions Partnership Ltd grew its position in Mastercard by 7.3% in the first quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider’s stock valued at $70,089,000 after acquiring an additional 9,504 shares during the period. Canada Post Corp Registered Pension Plan raised its stake in Mastercard by 6.1% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 65,414 shares of the credit services provider’s stock worth $37,344,000 after acquiring an additional 3,768 shares in the last quarter. Marble Wealth LLC bought a new position in shares of Mastercard during the fourth quarter valued at $1,328,000. Charles Lim Capital Ltd bought a new position in shares of Mastercard during the fourth quarter valued at $15,699,000. Finally, Gamco Investors INC. ET AL boosted its stake in shares of Mastercard by 5.4% in the 1st quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider’s stock valued at $14,093,000 after purchasing an additional 1,434 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is positioning its network for “agentic payments,” in which artificial-intelligence agents make purchases for consumers. Its participation in the Agentic Payments Alliance and CEO Michael Miebach’s comments suggest the company is working to establish standards and capture transaction volume from this emerging market. How Mastercard CEO is preparing for a world where AI agents do the shopping
• Positive Sentiment: Mastercard’s latest quarterly results showed earnings per share of $5.04 and revenue of $9.28 billion, exceeding analyst estimates. Revenue increased 14.1% year over year, reinforcing the company’s growth and profitability profile.
• Neutral Sentiment: Analyst sentiment remains favorable, with a consensus “Buy” rating and an average price target of $661.93. However, valuation assessments are mixed: some intrinsic-value models indicate upside, while earnings-based measures suggest MA trades at a premium. Can Mastercard stay cheap as AI payments expand?
• Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The change could support regional expansion, but no immediate financial impact was announced. Mastercard appoints Yasemin Bedir as EEMEA president
• Negative Sentiment: A reported UK legal ruling could make millions of people eligible for approximately £70 in compensation related to Mastercard card-fee claims. The potential financial liability and scope of the case remain unclear, but the development adds litigation risk. Mastercard ruling as millions could get compensation
• Negative Sentiment: Chief Business Officer Sachin J. Mehra sold 8,444 shares for roughly $4.87 million across August 19–20. The trades were conducted under a pre-arranged Rule 10b5-1 plan, reducing their significance as a discretionary bearish signal, although they may weigh modestly on sentiment. Mastercard insider trading filing

Insider Activity at Mastercard

In other news, insider Linda Pistecchia Kirkpatrick sold 4,280 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 31,179 shares of the company’s stock, valued at $17,781,695.49. This trade represents a 12.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 16,628 shares of Mastercard stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $567.68, for a total transaction of $9,439,383.04. Following the completion of the sale, the chief executive officer owned 115,921 shares in the company, valued at $65,806,033.28. This trade represents a 12.54% 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. Over the last ninety days, insiders sold 71,357 shares of company stock worth $40,637,262. 0.09% of the stock is currently owned by corporate insiders.

Mastercard Stock Performance

MA opened at $580.26 on Friday. The company has a market capitalization of $508.31 billion, a price-to-earnings ratio of 31.92, a P/E/G ratio of 1.72 and a beta of 0.72. The business’s 50-day moving average price is $538.80 and its two-hundred day moving average price is $518.06. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.77. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping the consensus estimate of $4.77 by $0.27. The company had revenue of $9.28 billion during 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%.Mastercard’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.15 earnings per share. Equities analysts expect that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.

Mastercard Dividend Announcement

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

Analyst Upgrades and Downgrades

MA has been the topic of several analyst reports. Barclays upped their target price on shares of Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Wall Street Zen downgraded Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. UBS Group raised their price target on Mastercard from $640.00 to $670.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Weiss Ratings upgraded Mastercard from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Finally, Truist Financial boosted their price objective on Mastercard from $554.00 to $633.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $661.93.

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.