Liberty Capital Management Inc. grew its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 18.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,766 shares of the credit services provider’s stock after acquiring an additional 898 shares during the period. Liberty Capital Management Inc.’s holdings in Mastercard were worth $3,180,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Gamco Investors INC. ET AL raised its stake in shares of Mastercard by 5.4% during the first quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider’s stock valued at $14,093,000 after acquiring an additional 1,434 shares during the last quarter. Reynders McVeigh Capital Management LLC lifted its holdings in shares of Mastercard by 2.2% during the second quarter. Reynders McVeigh Capital Management LLC now owns 141,828 shares of the credit services provider’s stock worth $72,843,000 after purchasing an additional 3,006 shares during the period. Hsbc Holdings PLC grew its stake in shares of Mastercard by 5.3% in the second quarter. Hsbc Holdings PLC now owns 1,656,528 shares of the credit services provider’s stock worth $850,004,000 after purchasing an additional 82,793 shares during the last quarter. SteelPeak Wealth LLC grew its stake in shares of Mastercard by 50.1% in the first quarter. SteelPeak Wealth LLC now owns 14,003 shares of the credit services provider’s stock worth $6,996,000 after purchasing an additional 4,675 shares during the last quarter. Finally, Rockland Trust Co. grew its stake in shares of Mastercard by 6.2% in the third quarter. Rockland Trust Co. now owns 81,392 shares of the credit services provider’s stock worth $44,885,000 after purchasing an additional 4,751 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms recently weighed in on MA. Clear Str upgraded Mastercard to a “strong-buy” rating in a report on Thursday, July 16th. 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, October 30th. Morgan Stanley upped their price target on Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Evercore upped their price target on Mastercard from $550.00 to $620.00 in a research report on Friday, July 31st. Finally, Piper Sandler increased their price target on Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $704.00.
Check Out Our Latest Stock Analysis on Mastercard
Insider Activity
In related news, Director Julius Genachowski sold 371 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $585.01, for a total transaction of $217,038.71. Following the completion of the sale, the director owned 8,607 shares of the company’s stock, 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 SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,318 shares of Mastercard stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $642.43, for a total value of $2,774,012.74. Following the completion of the sale, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,966,872.50. The trade was a 10.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,403 shares of company stock valued at $15,428,736 in the last ninety days. 0.09% of the stock is owned by company insiders.
Mastercard Price Performance
Shares of NYSE MA opened at $655.61 on Friday. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $681.99. The firm has a fifty day simple moving average of $591.91 and a 200 day simple moving average of $538.51. The company has a market capitalization of $574.32 billion, a PE ratio of 34.29, a P/E/G ratio of 1.90 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29.
Mastercard (NYSE:MA – Get Free Report) last released its earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.17 by $0.14. The business had revenue of $9.81 billion for the quarter, compared to analyst estimates of $9.66 billion. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. Mastercard’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.38 earnings per share. On average, sell-side analysts forecast that Mastercard Incorporated will post 19.99 EPS for the current year.
Mastercard Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be given a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.5%. Mastercard’s dividend payout ratio (DPR) is 18.20%.
Key Stories Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Truist raised its price target to $735 and maintained a Buy rating. Other firms have set targets as high as $765 following Q3, reflecting optimism about Mastercard’s outlook. Truist target increase Analyst price targets after Q3
- Positive Sentiment: Fundamentals remain strong: Mastercard reported Q3 revenue of $9.81 billion, up 14% year over year, and EPS of $5.31, beating analyst estimates for both measures. Mastercard earnings and company information
- Neutral Sentiment: Mastercard is participating in firmly’s $15 million funding round for a platform that helps merchants connect with AI agents and other digital commerce channels. The investment aligns with its agentic-commerce strategy, but the near-term financial contribution is uncertain. firmly funding and agentic commerce
- Negative Sentiment: Valuation may be weighing on the stock after its roughly 19% monthly rise to a 52-week high. A recent analysis says much of the rally came from investors assigning a higher earnings multiple, while Wall Street estimates barely changed after the report—raising the risk that expectations have run ahead of forecast growth. Valuation and earnings estimates analysis
- Negative Sentiment: CFO Ling Hai sold 4,317 shares in a pre-arranged Rule 10b5-1 transaction. Such planned sales are less indicative of a new view on the business, but insider selling can add to near-term caution. CFO share sale details
Mastercard Profile
Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, merchants, financial institutions, businesses and governments. Its network supports electronic payments, including transactions made with Mastercard-branded credit, debit and prepaid cards, as well as digital payment methods.
The company provides technology for authorizing, clearing and settling transactions. It also offers services related to cybersecurity, identity verification, data analytics, fraud prevention and payment consulting.
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