ProShare Advisors LLC cut its position in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 0.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 184,501 shares of the credit services provider’s stock after selling 789 shares during the quarter. ProShare Advisors LLC’s holdings in Mastercard were worth $101,747,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of MA. Atlatl Advisers LLC grew its position in shares of Mastercard by 2.8% during the 3rd quarter. Atlatl Advisers LLC now owns 586 shares of the credit services provider’s stock worth $323,000 after buying an additional 16 shares during the period. Foster Group Inc. increased its position in Mastercard by 0.9% during the third quarter. Foster Group Inc. now owns 2,122 shares of the credit services provider’s stock worth $1,170,000 after buying an additional 18 shares during the last quarter. Shakespeare Wealth Management LLC boosted its holdings in shares of Mastercard by 3.8% during the 3rd quarter. Shakespeare Wealth Management LLC now owns 492 shares of the credit services provider’s stock worth $271,000 after buying an additional 18 shares during the period. Athena Wealth Management LLC increased its position in Mastercard by 3.8% during the 2nd quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock worth $264,000 after buying an additional 19 shares during the period. Finally, Novem Group lifted its position in shares of Mastercard by 0.4% during the 2nd quarter. Novem Group now owns 4,680 shares of the credit services provider’s stock worth $2,404,000 after buying an additional 19 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.
Mastercard Price Performance
Shares of NYSE MA opened at $638.50 on Friday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.06 and a current ratio of 1.01. The firm has a market capitalization of $559.33 billion, a P/E ratio of 33.39, a PEG ratio of 1.82 and a beta of 0.76. The company’s fifty day moving average is $586.79 and its two-hundred 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 released its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.17 by $0.14. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The business had revenue of $9.81 billion during the quarter, compared to analyst estimates of $9.66 billion. During the same period last year, the business earned $4.38 EPS. The business’s revenue was up 14.0% on a year-over-year basis. Analysts forecast that Mastercard Incorporated will post 19.96 EPS for the current fiscal year.
Mastercard Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.5%. Mastercard’s payout ratio is 18.20%.
Insider Activity at Mastercard
In other Mastercard news, CFO Ling Hai sold 4,317 shares of the stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $620.00, for a total value of $2,676,540.00. Following the transaction, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,165,000. This represents a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 370 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $590.21, for a total value of $218,377.70. Following the transaction, the director directly owned 8,237 shares of the company’s stock, valued at $4,861,559.77. This trade represents a 4.30% decrease in their ownership of the stock. 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 have sold a total of 56,048 shares of company stock valued at $32,527,203 over the last quarter. 0.09% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
MA has been the subject of several recent analyst reports. Keefe, Bruyette & Woods raised their target price on Mastercard from $685.00 to $750.00 and gave the stock an “outperform” rating in a research note on Friday. Raymond James Financial reaffirmed an “outperform” rating and issued a $632.00 price target (up from $609.00) on shares of Mastercard in a research report on Friday, July 31st. Piper Sandler upped their target price on shares of Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Bank of America lifted their price objective on shares of Mastercard from $700.00 to $735.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Morgan Stanley upped their target price on Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Mastercard presently has a consensus rating of “Moderate Buy” and a consensus price target of $698.36.
View Our Latest Stock Report on MA
Trending Headlines about Mastercard
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 Profile
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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