Mastercard Incorporated $MA Shares Acquired by First Financial Bankshares Inc

Posted by Francis Steltz on Jun 12th, 2026

First Financial Bankshares Inc lifted its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,909 shares of the credit services provider’s stock after acquiring an additional 2,613 shares during the quarter. First Financial Bankshares Inc’s holdings in Mastercard were worth $39,910,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Vulcan Value Partners LLC grew its position in Mastercard by 6.5% in the third quarter. Vulcan Value Partners LLC now owns 466,222 shares of the credit services provider’s stock worth $265,233,000 after buying an additional 28,331 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. acquired a new position in Mastercard in the fourth quarter worth approximately $1,113,000. Assetmark Inc. grew its position in Mastercard by 4.5% in the fourth quarter. Assetmark Inc. now owns 229,299 shares of the credit services provider’s stock worth $130,902,000 after buying an additional 9,795 shares during the last quarter. Longbow Finance SA grew its position in Mastercard by 50.3% in the third quarter. Longbow Finance SA now owns 23,013 shares of the credit services provider’s stock worth $13,090,000 after buying an additional 7,704 shares during the last quarter. Finally, Global X Japan Co. Ltd. grew its position in Mastercard by 396.3% in the fourth quarter. Global X Japan Co. Ltd. now owns 46,145 shares of the credit services provider’s stock worth $26,343,000 after buying an additional 36,848 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: Mastercard launched Agent Pay for Machines / AP4M, a new protocol that lets AI agents and machines make secure payments, with support from 30+ industry participants and partners including major crypto and fintech names. This could open a new growth avenue in AI-powered commerce and strengthen Mastercard’s long-term relevance in digital payments.
Positive Sentiment: The company also announced a partnership with a Chicago startup to support autonomous AI transactions, reinforcing its push into next-generation payment infrastructure and programmable payments.
Positive Sentiment: Mastercard is expanding settlement capabilities using stablecoins, which may improve cross-border and digital asset settlement options and support broader adoption in crypto-linked payment flows.
Neutral Sentiment: Reports highlighted leadership changes at Mastercard, which could signal strategic adjustments but does not yet clearly indicate a direct financial impact.
Neutral Sentiment: Investors are also tracking the Visa/Mastercard swipe-fee settlement, which received preliminary judicial approval. While this removes some legal uncertainty, it also keeps attention on pricing and merchant-fee pressure that could shape the company’s economics over time.
Negative Sentiment: The swipe-fee settlement may limit upside for payment networks by reinforcing merchant concessions and potential fee scrutiny, which could weigh on sentiment toward Mastercard (MA) despite the recent product momentum.

Mastercard Trading Down 0.6%

Mastercard stock opened at $486.04 on Friday. The company has a 50 day moving average price of $499.36 and a 200 day moving average price of $523.82. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $429.46 billion, a price-to-earnings ratio of 28.13, a P/E/G ratio of 1.53 and a beta of 0.74.

Mastercard (NYSE:MA – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same quarter last year, the business posted $3.73 EPS. The company’s revenue was up 15.8% on a year-over-year basis. Research analysts forecast that Mastercard Incorporated will post 19.6 EPS for the current year.

Analyst Upgrades and Downgrades

MA has been the topic of several recent research reports. Wolfe Research restated an “outperform” rating on shares of Mastercard in a research report on Tuesday, March 17th. Weiss Ratings lowered shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Raymond James Financial set a $609.00 price target on shares of Mastercard in a research report on Friday, May 1st. Evercore restated a “negative” rating on shares of Mastercard in a research report on Tuesday, March 17th. Finally, Bank of America initiated coverage on shares of Mastercard in a research report on Thursday, March 5th. They issued a “buy” rating and a $700.00 price target on the stock. Six investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $656.04.

Check Out Our Latest Research Report on Mastercard

About Mastercard

(Free Report)

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.