Bornite Capital Management LP Makes New Investment in Mastercard Incorporated $MA

Posted by George Bondi on Sep 2nd, 2026

Bornite Capital Management LP bought a new position in Mastercard Incorporated (NYSE:MA – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 75,000 shares of the credit services provider’s stock, valued at approximately $38,520,000. Mastercard comprises about 4.8% of Bornite Capital Management LP’s portfolio, making the stock its 11th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Robinswood Financial LLC bought a new position in Mastercard in the 1st quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in Mastercard by 820.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after buying an additional 41 shares during the last quarter. Strive Financial Group LLC purchased a new position in Mastercard in the fourth quarter worth about $27,000. Hyposwiss Advisors SA bought a new position in shares of Mastercard in the fourth quarter worth approximately $29,000. Finally, First Pacific Financial lifted its stake in shares of Mastercard by 113.8% in the first quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after buying an additional 33 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors.

Insider Activity at Mastercard

In related news, insider J. Mehra Sachin sold 7,444 shares of Mastercard stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the transaction, the insider directly owned 40,916 shares in the company, valued at approximately $23,613,851.08. The trade was a 15.39% 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, insider Sandra A. Arkell sold 200 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $540.00, for a total value 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,357 shares of company stock valued at $40,637,262 in the last ninety days. Corporate insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Barclays increased their price target on shares of Mastercard from $640.00 to $660.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Wolfe Research increased their target price on Mastercard from $680.00 to $740.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Keefe, Bruyette & Woods lifted their target price on Mastercard from $665.00 to $685.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Loop Capital reissued a “buy” rating and issued a $631.00 target price on shares of Mastercard in a report on Wednesday, June 3rd. Finally, Piper Sandler assumed coverage on Mastercard in a research note on Monday, June 29th. They issued an “overweight” rating and a $597.00 price target for the company. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $666.64.

View Our Latest Research Report on MA

Mastercard Price Performance

NYSE MA opened at $580.95 on Wednesday. The company has a 50-day moving average price of $553.09 and a 200-day moving average price of $520.16. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.62. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. The firm has a market capitalization of $508.92 billion, a P/E ratio of 31.96, a PEG ratio of 1.77 and a beta of 0.74.

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, beating 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 during the quarter, compared to analyst estimates of $9.08 billion. During the same period in the previous year, the business posted $4.15 earnings per share. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. Equities research analysts anticipate that Mastercard Incorporated will post 19.86 earnings per share for the current year.

Mastercard Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Thursday, July 9th were issued a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a 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%.

Mastercard Company Profile

(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.