Magellan Asset Management Ltd Has $292.30 Million Stake in Mastercard Incorporated $MA

Posted by Francis Steltz on Jul 22nd, 2026

Magellan Asset Management Ltd cut its position in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 7.4% during the 1st quarter, Holdings Channel reports. The firm owned 584,990 shares of the credit services provider’s stock after selling 46,408 shares during the quarter. Mastercard comprises 3.8% of Magellan Asset Management Ltd’s portfolio, making the stock its 5th biggest holding. Magellan Asset Management Ltd’s holdings in Mastercard were worth $292,296,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Mastercard by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider’s stock worth $45,612,087,000 after purchasing an additional 466,514 shares during the period. J. Stern & Co. LLP raised its stake in Mastercard by 53,535.0% in the fourth quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock valued at $41,444,231,000 after buying an additional 72,461,743 shares during the period. State Street Corp raised its stake in Mastercard by 2.8% in the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock valued at $20,807,283,000 after buying an additional 997,536 shares during the period. Geode Capital Management LLC lifted its position in shares of Mastercard by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 20,686,605 shares of the credit services provider’s stock valued at $11,773,153,000 after buying an additional 349,369 shares during the last quarter. Finally, Capital International Investors lifted its position in shares of Mastercard by 4.4% in the fourth quarter. Capital International Investors now owns 17,964,658 shares of the credit services provider’s stock valued at $10,256,368,000 after buying an additional 759,584 shares during the last quarter. 97.28% of the stock is owned by institutional investors.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: Mastercard and Al Etihad Payments announced the first co-badged Jaywan-Mastercard credit card, a new partnership that could expand Mastercard’s footprint in the UAE and support payment-network volume growth. Al Etihad Payments, Mastercard launch world’s first Jaywan-Mastercard co-badged credit card
Positive Sentiment: Mastercard was highlighted as a strong momentum stock, reinforcing the view that the company still has favorable fundamental and trading characteristics despite recent weakness. Here’s Why MasterCard (MA) is a Strong Momentum Stock
Positive Sentiment: Mastercard and Lithic introduced a way to make small-business loan proceeds spend-ready, a payments-adjacent product that could deepen Mastercard’s role in SMB finance workflows. Lithic and Mastercard Make SMB Loans Ready to Spend

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Sandra A. Arkell sold 200 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $540.00, for a total transaction of $108,000.00. Following the transaction, the insider owned 3,322 shares in the company, valued at $1,793,880. This trade represents a 5.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 4,828 shares of Mastercard stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the sale, the insider directly owned 16,429 shares of the company’s stock, valued at $8,625,225. This represents a 22.71% 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 have sold a total of 7,005 shares of company stock worth $3,689,976 in the last quarter. Company insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on MA shares. Wall Street Zen downgraded Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings downgraded Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Susquehanna reduced their price objective on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating for the company in a research report on Friday, May 1st. Barclays started coverage on shares of Mastercard in a research report on Wednesday, July 8th. They set an “overweight” rating and a $640.00 price objective for the company. Finally, BMO Capital Markets initiated coverage on shares of Mastercard in a research report on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 price objective on the stock. Eight research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $653.92.

View Our Latest Stock Report on MA

Mastercard Trading Down 1.8%

Shares of NYSE:MA opened at $537.33 on Wednesday. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $601.77. The business has a 50 day moving average of $505.73 and a 200-day moving average of $515.35. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The stock has a market cap of $474.78 billion, a PE ratio of 31.10, a P/E/G ratio of 1.71 and a beta of 0.73.

Mastercard (NYSE:MA – Get Free Report) last announced its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. The company had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.73 earnings per share. As a group, equities research analysts forecast that Mastercard Incorporated will post 19.62 earnings per share for the current year.

Mastercard Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 9th will be 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 is Thursday, July 9th. Mastercard’s dividend payout ratio is currently 20.14%.

Mastercard 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.