Mastercard Incorporated $MA Shares Sold by Stonehage Fleming Financial Services Holdings Ltd

Posted by George Bondi on Aug 28th, 2026

Stonehage Fleming Financial Services Holdings Ltd cut its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 2.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 312,699 shares of the credit services provider’s stock after selling 9,118 shares during the quarter. Mastercard accounts for 5.5% of Stonehage Fleming Financial Services Holdings Ltd’s portfolio, making the stock its 5th largest holding. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Mastercard were worth $160,602,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of MA. Brighton Jones LLC raised its position in Mastercard by 42.3% during the fourth quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after buying an additional 2,028 shares during the period. Schnieders Capital Management LLC. lifted its stake in Mastercard by 8.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after acquiring an additional 200 shares in the last quarter. Betterment LLC boosted its position in Mastercard by 6.5% during the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares during the period. Worldquant Millennium Advisors LLC boosted its position in Mastercard by 35.8% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after acquiring an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in Mastercard during the 2nd quarter valued at about $431,000. 97.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MA has been the subject of a number of research analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $701.00 price target on shares of Mastercard in a research report on Thursday, July 30th. Cantor Fitzgerald boosted their price objective on shares of Mastercard from $650.00 to $695.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. TD Cowen upped their price objective on shares of Mastercard from $664.00 to $667.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Clear Str upgraded shares of Mastercard to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, UBS Group increased their target price on shares of Mastercard from $640.00 to $670.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mastercard currently has an average rating of “Buy” and a consensus target price of $664.71.

View Our Latest Analysis on MA

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: Mastercard has restarted international card-payment services in Syria for the first time in roughly 15 years after regulatory changes, potentially reopening transaction-volume opportunities in the country. Visa is also entering the market, limiting Mastercard’s ability to capture the opportunity exclusively. Visa, Mastercard begin first Syria global card payments in years
Positive Sentiment: A new partnership with Asia-Pacific travel-experiences platform Klook aims to provide Mastercard cardholders with travel benefits and create additional spending touchpoints as experience-led tourism expands across the region. The initiative could support cross-border payments and customer engagement, although financial terms were not disclosed. Klook and Mastercard collaborate to enhance travelers’ experiences across Asia Pacific
Neutral Sentiment: Mastercard said CFO Ling Hai will speak at the Goldman Sachs Communacopia + Technology Conference on September 10. The presentation may offer updates on growth, travel spending and digital payments, but it does not change current financial guidance. Mastercard to Participate in Upcoming Investor Conference
Neutral Sentiment: Mastercard’s name appears as a supporter of a Ripple XRPL hackathon, highlighting continued interest in blockchain development. However, the event is not evidence of a major XRP or XRPL commercial rollout by Mastercard. Mastercard’s Name Is on the Ripple Hackathon, But Don’t Get Ahead of Yourself
Negative Sentiment: Recent commentary argues that Mastercard’s strong earnings profile and roughly 61% net margin are already reflected in the stock’s elevated valuation. The shares’ retreat after nearing their high may therefore reflect profit-taking and concern that further gains require continued strong execution. Mastercard’s Record Stalls With 61% Margin Already Priced In

Insiders Place Their Bets

In other Mastercard news, CEO Michael Miebach sold 15,372 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the sale, the chief executive officer owned 93,693 shares of the company’s stock, valued at $53,873,475. The trade was a 14.09% decrease in their ownership of the stock. The sale 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 J. Mehra Sachin sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $572.07, for a total value of $572,070.00. Following the sale, the insider directly owned 39,916 shares of the company’s stock, valued at $22,834,746.12. The trade was a 2.44% 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 71,357 shares of company stock worth $40,637,262 in the last 90 days. 0.09% of the stock is owned by corporate insiders.

Mastercard Trading Down 1.2%

Shares of NYSE MA opened at $591.35 on Friday. The stock has a market cap of $518.03 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.80 and a beta of 0.72. The business has a 50 day simple moving average of $547.06 and a 200 day simple moving average of $519.09. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.62. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06.

Mastercard (NYSE:MA – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. The firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The firm’s revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.15 earnings per share. On average, research analysts predict that Mastercard Incorporated will post 19.86 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Thursday, July 9th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 9th. Mastercard’s payout ratio is presently 19.14%.

Mastercard Company 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.