Balentine LLC Sells 971 Shares of Mastercard Incorporated $MA

Posted by Brian Himes on Nov 8th, 2026

Balentine LLC lessened its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 30.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,183 shares of the credit services provider’s stock after selling 971 shares during the period. Balentine LLC’s holdings in Mastercard were worth $1,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MA. State Street Corp boosted its holdings in Mastercard by 1.3% in the second quarter. State Street Corp now owns 36,964,305 shares of the credit services provider’s stock valued at $18,984,867,000 after purchasing an additional 486,283 shares during the last quarter. Jennison Associates LLC raised its stake in shares of Mastercard by 10.4% during the 1st quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider’s stock valued at $2,559,779,000 after buying an additional 480,725 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Mastercard by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider’s stock valued at $2,111,216,000 after buying an additional 42,871 shares during the last quarter. Amundi raised its stake in shares of Mastercard by 5.8% during the 2nd quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock valued at $1,862,527,000 after buying an additional 199,424 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Mastercard by 17.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock valued at $1,831,763,000 after buying an additional 554,366 shares during the period. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: Q3 results beat expectations: revenue rose 14% year over year to $9.81 billion and adjusted EPS increased 21.2%. Services revenue grew 19%, although higher incentives were flagged as a concern. Mastercard’s 19% Services Growth Steals the Q3 Show: Buy or Hold MA?
Positive Sentiment: Truist raised its price target to $735 and maintained a Buy rating, signaling potential upside in its view. Truist Financial rating information
Negative Sentiment: Freedom Broker downgraded MA from Buy to Hold, despite lifting its target to $725. The mixed call may temper enthusiasm after the stock’s recent rally. Freedom Broker rating information
Negative Sentiment: Valuation is a key risk: coverage notes the recent rally has outpaced changes in earnings estimates, leaving less room for disappointment. Rising incentives could also weigh on margins. Mastercard Stock Rose 22% in a Month. Here’s What Its Price Now Assumes
Negative Sentiment: Visa and Mastercard face additional collective claims in the UK over card fees, adding potential legal and financial uncertainty. Visa and Mastercard face additional £5bn collective claims over card fees
Neutral Sentiment: The CFO sold about $2.77 million of MA shares. The sale may attract attention, but the report provides no context on its purpose. Mastercard CFO stock sale

Insider Buying and Selling

In other Mastercard news, CFO Ling Hai sold 4,318 shares of the firm’s 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 sale, the chief financial officer directly owned 35,750 shares of the company’s stock, valued at approximately $22,966,872.50. This trade represents a 10.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 7,444 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $577.13, for a total value of $4,296,155.72. Following the completion of the sale, the insider owned 40,916 shares of the company’s stock, valued at $23,613,851.08. This trade represents a 15.39% 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. In the last 90 days, insiders sold 25,403 shares of company stock valued at $15,428,736. 0.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MA has been the topic of a number of recent research reports. BNP Paribas Exane upped their target price on Mastercard from $680.00 to $713.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. raised their target price on Mastercard from $720.00 to $755.00 and gave the stock an “overweight” rating in a report on Friday, October 30th. Rothschild & Co Redburn reduced their price target on Mastercard from $710.00 to $688.00 and set a “buy” rating for the company in a research report on Wednesday, September 2nd. Evercore boosted their price target on Mastercard from $550.00 to $620.00 in a report on Friday, July 31st. Finally, Truist Financial upped their price objective on Mastercard from $674.00 to $735.00 and gave the stock a “buy” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $704.62.

Get Our Latest Analysis on MA

Mastercard Trading Down 0.4%

Shares of Mastercard stock opened at $653.45 on Friday. The firm has a 50-day simple moving average of $593.15 and a two-hundred day simple moving average of $539.12. The company has a market cap of $572.43 billion, a P/E ratio of 34.18, a price-to-earnings-growth ratio of 1.84 and a beta of 0.78. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $681.99. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.01 and a current ratio of 1.01.

Mastercard (NYSE:MA – Get Free Report) last posted its earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $9.66 billion. During the same period in the prior year, the company posted $4.38 EPS. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. As a group, equities analysts predict that Mastercard Incorporated will post 20.00 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be issued a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. Mastercard’s dividend payout ratio is presently 18.20%.

About Mastercard

(Free Report)

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.