Tandem Investment Advisors Inc. Boosts Stock Holdings in Mastercard Incorporated $MA

Tandem Investment Advisors Inc. lifted its stake in shares of Mastercard Incorporated (NYSE:MA) by 1.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 205,373 shares of the credit services provider’s stock after acquiring an additional 1,949 shares during the quarter. Mastercard comprises approximately 4.0% of Tandem Investment Advisors Inc.’s holdings, making the stock its 9th largest position. Tandem Investment Advisors Inc.’s holdings in Mastercard were worth $116,818,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MA. Curio Wealth LLC grew its stake in shares of Mastercard by 22,400.0% in the second quarter. Curio Wealth LLC now owns 225 shares of the credit services provider’s stock worth $126,000 after acquiring an additional 224 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its holdings in Mastercard by 1.5% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 309,192 shares of the credit services provider’s stock valued at $175,872,000 after purchasing an additional 4,700 shares during the period. Financiere des Professionnels Fonds d investissement inc. grew its position in Mastercard by 88.9% in the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 15,335 shares of the credit services provider’s stock worth $8,723,000 after purchasing an additional 7,215 shares during the last quarter. Global X Japan Co. Ltd. grew its position in Mastercard by 3,694.7% in the 3rd quarter. Global X Japan Co. Ltd. now owns 9,297 shares of the credit services provider’s stock worth $5,288,000 after purchasing an additional 9,052 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Mastercard by 1.2% during the 2nd quarter. Vanguard Group Inc. now owns 78,475,807 shares of the credit services provider’s stock worth $44,098,695,000 after purchasing an additional 931,132 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Cantor Fitzgerald raised Mastercard to a “strong-buy” rating in a research report on Tuesday. UBS Group raised their price objective on Mastercard from $690.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Morgan Stanley set a $665.00 price objective on Mastercard and gave the company an “overweight” rating in a research report on Friday, October 31st. Robert W. Baird upped their target price on Mastercard from $640.00 to $660.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Finally, Hsbc Global Res upgraded shares of Mastercard from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 8th. Five analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $662.63.

Mastercard Trading Up 4.3%

Shares of Mastercard stock opened at $543.66 on Friday. Mastercard Incorporated has a 12-month low of $465.59 and a 12-month high of $601.77. The stock has a market capitalization of $488.21 billion, a P/E ratio of 34.76, a price-to-earnings-growth ratio of 1.76 and a beta of 0.86. The company has a 50-day simple moving average of $554.59 and a 200 day simple moving average of $564.43. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 2.40.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, January 29th. The credit services provider reported $4.76 earnings per share for the quarter, topping the consensus estimate of $4.21 by $0.55. Mastercard had a net margin of 45.28% and a return on equity of 202.03%. The firm had revenue of $8.81 billion for the quarter, compared to analysts’ expectations of $8.80 billion. Research analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 9th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Mastercard’s previous quarterly dividend of $0.76. Mastercard’s payout ratio is 22.25%.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q4 earnings topped expectations — EPS beat, GDV and cross?border volumes were key drivers of topline and margin strength. Mastercard’s Q4 Earnings Beat on Strong GDV, Cross-Border Volume
• Positive Sentiment: Management laid out strategy beyond cards — investment in agentic commerce and stablecoins as alternative rails, signaling longer?term revenue opportunities from new payment rails and value?added services. Mastercard Leans Into Agentic Commerce and Stablecoins While Card Volumes Rise
• Positive Sentiment: Analyst support: Cantor Fitzgerald upgraded MA to a stronger rating, adding buy?side momentum after the quarter. Cantor Fitzgerald upgrade via Zacks
• Neutral Sentiment: Full earnings call transcripts and highlights are available for detail on guidance and metric cadence (useful for modeling but not a surprise to the market). Mastercard Incorporated (MA) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Product mentions and card reviews (Forbes pieces) note Mastercard network adoption on new card products — relevant for network volume over time but not immediately market moving. MBNA True Line Mastercard Review
• Negative Sentiment: Mastercard will reduce roughly 4% of its global workforce after a business review — could be read as cost discipline (positive for margins) but introduces execution and morale risks. Mastercard to lay off 4% of its global workforce, CFO says
• Negative Sentiment: Valuation and sector?risk commentary: some analysts and commentators say MA looks expensive, and broader payments/consumer?spend headwinds or regulatory pressure could cap near?term upside. Mastercard stock is expensive, but Q4 earnings still warrant a buy
• Negative Sentiment: Investor note on sector risks highlights macro and regulatory uncertainties that could amplify volatility for payments leaders despite strong fundamentals. Investor Outlook: Mastercard earnings underscore sector risks

About Mastercard

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.