Royal London Asset Management Ltd. Cuts Stock Holdings in Mastercard Incorporated $MA

Posted by Brian Himes on Aug 29th, 2026

Royal London Asset Management Ltd. reduced its position in Mastercard Incorporated (NYSE:MA – Free Report) by 8.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 386,414 shares of the credit services provider’s stock after selling 33,449 shares during the period. Royal London Asset Management Ltd.’s holdings in Mastercard were worth $198,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Mufg Securities Americas Inc. boosted its holdings in Mastercard by 7.9% during the second quarter. Mufg Securities Americas Inc. now owns 24,302 shares of the credit services provider’s stock worth $12,482,000 after buying an additional 1,772 shares in the last quarter. Nissay Asset Management Corp Japan increased its holdings in Mastercard by 4.0% in the second quarter. Nissay Asset Management Corp Japan now owns 187,006 shares of the credit services provider’s stock valued at $96,046,000 after buying an additional 7,162 shares in the last quarter. Hsbc Holdings PLC increased its holdings in Mastercard by 5.3% in the second quarter. Hsbc Holdings PLC now owns 1,656,528 shares of the credit services provider’s stock valued at $850,004,000 after buying an additional 82,793 shares in the last quarter. Tandem Capital Management Corp ADV acquired a new position in shares of Mastercard in the second quarter worth about $285,000. Finally, Field & Main Bank acquired a new position in shares of Mastercard in the second quarter worth about $1,173,000. 97.28% of the stock is owned by hedge funds and other institutional investors.

Mastercard Stock Up 0.6%

NYSE MA opened at $595.51 on Friday. The business has a fifty day moving average price of $549.15 and a 200 day moving average price of $519.62. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $521.67 billion, a P/E ratio of 32.76, a P/E/G ratio of 1.78 and a beta of 0.72. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.62.

Mastercard (NYSE:MA – Get Free Report) last announced its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The company had revenue of $9.28 billion for the quarter, compared to analysts’ expectations of $9.08 billion. During the same quarter in the previous year, the company posted $4.15 EPS. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. Research analysts anticipate that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.

Mastercard Dividend Announcement

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

More Mastercard News

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: Mastercard and QNB Group processed Syria’s first international card transaction in more than 15 years. The milestone marks the reopening and modernization of Syria’s international payments infrastructure following the lifting of certain U.S. restrictions. Although the near-term financial contribution is likely to be small, the development creates a potential new market and demonstrates Mastercard’s ability to support payments expansion. Syria marks first international card transaction in more than 15 years with Mastercard and QNB Group
Positive Sentiment: Analysts have given Mastercard a consensus “Buy” rating. Continued Wall Street support adds to the bullish backdrop, though the rating itself may already be reflected in the share price. Mastercard Incorporated Given Consensus Rating of Buy by Analysts
Positive Sentiment: Pershing Square founder Bill Ackman added Mastercard to the hedge fund’s portfolio. The purchase may improve investor sentiment by signaling confidence from a prominent long-term investor, although it does not change Mastercard’s operating outlook. Bill Ackman Just Made His Biggest Portfolio Overhaul in Years
Positive Sentiment: A partnership with Klook targets growing travel and experiences spending across Asia Pacific. Mastercard cardholder benefits and additional travel-related payment touchpoints could support transaction volume in a high-growth region. Klook and Mastercard collaborate to enhance travelers’ experiences across Asia Pacific
Neutral Sentiment: Mastercard will participate in the Goldman Sachs Communacopia + Technology Conference on September 10, where CFO Ling Hai is scheduled to speak. Investors may look for updates on growth, margins and capital allocation, but no new financial information was provided. Mastercard to Participate in Upcoming Investor Conference
Neutral Sentiment: Mastercard’s name appears as a supporter of an XRPL/Ripple hackathon, but reports caution that the sponsorship does not represent a new cryptocurrency partnership or major product launch. Mastercard’s Name Is on the Ripple Hackathon, But Don’t Get Ahead of Yourself

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Raymond James Financial restated an “outperform” rating and set a $632.00 target price on shares of Mastercard in a research report on Friday, July 31st. Weiss Ratings raised Mastercard from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 17th. Wolfe Research increased their price target on Mastercard from $680.00 to $740.00 and gave the stock an “outperform” rating in a research report on Tuesday. Keefe, Bruyette & Woods raised their price objective on Mastercard from $665.00 to $685.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Finally, TD Cowen boosted their price objective on Mastercard from $664.00 to $667.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Mastercard has a consensus rating of “Buy” and an average target price of $664.71.

Get Our Latest Stock Analysis on Mastercard

Insider Activity

In related news, CEO Michael Miebach sold 16,628 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $65,806,033.28. This represents a 12.54% decrease in their position. The sale was disclosed in a legal filing 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, insider Sandra A. Arkell sold 200 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $540.00, for a total transaction of $108,000.00. Following the completion of the sale, the insider owned 3,322 shares of the company’s stock, valued at approximately $1,793,880. The trade was a 5.68% 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 a total of 71,357 shares of company stock valued at $40,637,262 in the last ninety days. 0.09% of the stock is currently owned by corporate insiders.

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.