VIRGINIA RETIREMENT SYSTEMS ET Al lowered its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 15.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 85,322 shares of the credit services provider’s stock after selling 15,760 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Mastercard were worth $47,053,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Parcion Private Wealth LLC boosted its position in shares of Mastercard by 12.1% during the third quarter. Parcion Private Wealth LLC now owns 1,438 shares of the credit services provider’s stock worth $793,000 after purchasing an additional 155 shares in the last quarter. Partners Wealth Management LLC increased its position in shares of Mastercard by 358.0% in the 3rd quarter. Partners Wealth Management LLC now owns 2,148 shares of the credit services provider’s stock valued at $1,185,000 after buying an additional 1,679 shares in the last quarter. Soltis Investment Advisors LLC increased its position in shares of Mastercard by 15.2% in the 3rd quarter. Soltis Investment Advisors LLC now owns 3,926 shares of the credit services provider’s stock valued at $2,165,000 after buying an additional 518 shares in the last quarter. Founders Financial Securities LLC raised its stake in Mastercard by 10.4% during the 3rd quarter. Founders Financial Securities LLC now owns 1,041 shares of the credit services provider’s stock worth $574,000 after buying an additional 98 shares during the period. Finally, Everett Harris & Co. CA raised its stake in Mastercard by 0.6% during the 3rd quarter. Everett Harris & Co. CA now owns 41,681 shares of the credit services provider’s stock worth $22,986,000 after buying an additional 228 shares during the period. 97.28% of the stock is currently owned by institutional investors and hedge funds.
Mastercard News Roundup
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Q3 results exceeded expectations: Mastercard reported adjusted earnings of $5.31 per share versus the $5.17 consensus, while revenue rose 14% year over year to $9.81 billion, ahead of the $9.66 billion estimate. Net income increased 18% to approximately $4.6 billion. Reuters earnings article
- Positive Sentiment: Payment activity and services remained strong: Purchase volume rose 9%, cross-border volume increased 11%, and switched transactions grew 9% on a local-currency basis. Value-added services revenue advanced 19%, supported by fraud prevention, data and marketing offerings, while the adjusted operating margin reached 60.5%.
- Positive Sentiment: Analyst sentiment improved materially: TD Cowen, Wells Fargo, RBC, Barclays, Keefe, Bruyette & Woods and Susquehanna all raised their price targets, with targets ranging from $700 to $750 and ratings including “buy,” “overweight” and “outperform.” Analysts also highlighted Mastercard’s potential in AI commerce, tokenized payments and stablecoins. Zacks earnings call article
- Neutral Sentiment: Mastercard continues expanding its payments ecosystem through partnerships involving Google Pay, pay-by-bank services, co-branded cards and agentic commerce. These initiatives could support long-term transaction growth, although their near-term financial contribution is uncertain.
- Negative Sentiment: Investors face legal and financial risks. A proposed £5 billion UK collective lawsuit alleges Mastercard’s interchange fees harmed merchants. Separately, nine-month operating cash flow declined 6%, while buybacks and dividends exceeded operating cash flow and debt increased by roughly $4.9 billion. UK lawsuit article
Mastercard Stock Performance
Shares of Mastercard stock opened at $638.50 on Friday. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.01 and a quick ratio of 1.06. The firm has a market cap of $559.33 billion, a price-to-earnings ratio of 33.39, a price-to-earnings-growth ratio of 1.81 and a beta of 0.76. The stock’s 50-day moving average is $586.79 and its 200-day moving average is $536.21. Mastercard Incorporated has a one year low of $464.52 and a one year high of $644.24.
Mastercard (NYSE:MA – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The business had revenue of $9.81 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same period last year, the company earned $4.38 earnings per share. Mastercard’s quarterly revenue was up 14.0% on a year-over-year basis. Equities analysts predict that Mastercard Incorporated will post 19.91 earnings per share for the current fiscal year.
Mastercard Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be paid a $0.87 dividend. The ex-dividend date is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.5%. Mastercard’s payout ratio is presently 18.20%.
Insider Activity
In other news, Director Julius Genachowski sold 371 shares of Mastercard stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $585.01, for a total value of $217,038.71. Following the sale, the director directly owned 8,607 shares in the company, valued at $5,035,181.07. This trade represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 16,628 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $580.00, for a total transaction of $9,644,240.00. Following the completion of the sale, the chief executive officer directly owned 109,065 shares in the company, valued at approximately $63,257,700. This represents a 13.23% 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. Over the last quarter, insiders have sold 56,048 shares of company stock worth $32,527,203. 0.09% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several research analysts have weighed in on MA shares. Argus lifted their target price on Mastercard from $640.00 to $694.00 and gave the stock a “buy” rating in a report on Friday. KeyCorp increased their price target on Mastercard from $722.00 to $735.00 and gave the stock an “overweight” rating in a report on Friday. Dbs Bank upgraded Mastercard to a “moderate buy” rating in a report on Friday, August 21st. Morgan Stanley raised their price target on Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, TD Cowen lifted their price objective on Mastercard from $667.00 to $726.00 and gave the company a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Mastercard has an average rating of “Moderate Buy” and an average price target of $698.36.
Read Our Latest Stock Report on MA
About Mastercard
Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.
In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.
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