Bernicke Wealth Management Ltd. purchased a new position in Mastercard Incorporated (NYSE:MA – Free Report) in the third quarter, Holdings Channel.com reports. The firm purchased 1,733 shares of the credit services provider’s stock, valued at approximately $956,000.
Several other hedge funds have also recently made changes to their positions in MA. Robinswood Financial LLC purchased a new stake in Mastercard in the first quarter worth approximately $25,000. Next Level Wealth Planning LLC bought a new stake in Mastercard in the 3rd quarter worth approximately $31,000. Allied Private Wealth LLC bought a new stake in Mastercard in the 2nd quarter worth approximately $34,000. IMG Wealth Management Inc. raised its stake in Mastercard by 58.7% during the 3rd quarter. IMG Wealth Management Inc. now owns 73 shares of the credit services provider’s stock valued at $40,000 after buying an additional 27 shares during the last quarter. Finally, Premier Financial Group purchased a new stake in Mastercard during the 2nd quarter valued at $39,000. 97.28% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Mastercard
In related news, CFO Ling Hai sold 4,317 shares of Mastercard stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $641.00, for a total transaction of $2,767,197.00. Following the transaction, the chief financial officer directly owned 35,750 shares in the company, valued at approximately $22,915,750. The trade was a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 370 shares of the business’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $590.21, for a total value of $218,377.70. Following the sale, the director directly owned 8,237 shares of the company’s stock, valued at $4,861,559.77. This represents a 4.30% 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. Insiders sold 25,403 shares of company stock worth $15,428,736 in the last three months. Corporate insiders own 0.09% of the company’s stock.
Mastercard Stock Performance
Shares of NYSE MA opened at $661.13 on Friday. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $681.99. The firm has a market capitalization of $575.97 billion, a price-to-earnings ratio of 34.58, a price-to-earnings-growth ratio of 1.84 and a beta of 0.78. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.29. The firm has a 50 day moving average of $600.12 and a 200 day moving average of $542.40.
Mastercard (NYSE:MA – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, topping the consensus estimate of $5.17 by $0.14. The business had revenue of $9.81 billion for the quarter, compared to the consensus estimate of $9.66 billion. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The company’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period last year, the firm earned $4.38 earnings per share. On average, research analysts anticipate that Mastercard Incorporated will post 20.01 earnings per share for the current year.
Mastercard Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, November 9th. Stockholders of record on Friday, October 9th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, October 9th. Mastercard’s dividend payout ratio is 18.20%.
Analyst Upgrades and Downgrades
MA has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on Mastercard from $720.00 to $755.00 and gave the company an “overweight” rating in a report on Friday, October 30th. Robert W. Baird lifted their price objective on Mastercard from $660.00 to $710.00 and gave the stock an “outperform” rating in a report on Friday, October 9th. Wolfe Research lifted their price objective on Mastercard from $680.00 to $740.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. Evercore upped their price objective on Mastercard from $550.00 to $620.00 in a research report on Friday, July 31st. Finally, Mizuho set a $711.00 target price on Mastercard in a report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $713.21.
Read Our Latest Analysis on Mastercard
Latest Mastercard News
Investors following MA have been watching these news items:
- Positive Sentiment: Zacks Research raised its EPS estimates across multiple periods, including FY2027 to $22.98 from $22.34 and FY2028 to $26.45 from $25.74. The broad upward revisions suggest improving expectations for earnings growth. Mastercard analyst estimates
- Positive Sentiment: Mastercard opened its largest Asia-Pacific Innovation Centre of Excellence in Singapore, focused on AI-enabled payments, cybersecurity and agentic commerce. The hub could help develop new services and partnerships across the region; the company also plans to add more than 250 specialist roles in Singapore by 2029. Mastercard opens Asia-Pacific Innovation Centre
- Positive Sentiment: A partnership with Sage will bring Mastercard debit-card capabilities into accounting software for small businesses in France, potentially widening its reach in business payments. Mastercard valuation and Sage partnership
About Mastercard
Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, merchants, financial institutions, businesses and governments. Its network supports electronic payments, including transactions made with Mastercard-branded credit, debit and prepaid cards, as well as digital payment methods. The company provides technology for authorizing, clearing and settling transactions. It also offers services related to cybersecurity, identity verification, data analytics, fraud prevention and payment consulting.
Featured Stories
- Five stocks we like better than Mastercard
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MA – Free Report).
Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.
