Lincoln Capital LLC Sells 1,223 Shares of Mastercard Incorporated $MA

Lincoln Capital LLC lowered its holdings in shares of Mastercard Incorporated (NYSE:MA) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,458 shares of the credit services provider’s stock after selling 1,223 shares during the period. Mastercard makes up 5.3% of Lincoln Capital LLC’s holdings, making the stock its 5th largest position. Lincoln Capital LLC’s holdings in Mastercard were worth $30,024,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MA. Riggs Asset Managment Co. Inc. raised its stake in shares of Mastercard by 20.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock valued at $61,000 after purchasing an additional 18 shares in the last quarter. Thomasville National Bank grew its position in Mastercard by 4.1% in the 4th quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock valued at $273,000 after buying an additional 19 shares in the last quarter. Castle Rock Wealth Management LLC increased its stake in Mastercard by 2.8% during the 4th quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock valued at $387,000 after buying an additional 19 shares during the period. Resurgent Financial Advisors LLC raised its position in shares of Mastercard by 1.2% during the 3rd quarter. Resurgent Financial Advisors LLC now owns 1,597 shares of the credit services provider’s stock worth $908,000 after buying an additional 19 shares in the last quarter. Finally, Silicon Valley Capital Partners lifted its stake in shares of Mastercard by 1.1% in the 3rd quarter. Silicon Valley Capital Partners now owns 1,717 shares of the credit services provider’s stock worth $977,000 after acquiring an additional 19 shares during the period. Institutional investors own 97.28% of the company’s stock.

Insiders Place Their Bets

In other Mastercard news, insider Linda Pistecchia Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the transaction, the insider owned 31,179 shares of the company’s stock, valued at $17,781,695.49. The trade was a 12.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the completion of the sale, the insider directly owned 16,429 shares of the company’s stock, valued at $8,702,934.17. This trade represents a 10.74% 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. Over the last quarter, insiders have sold 44,541 shares of company stock valued at $25,214,526. 0.09% of the stock is owned by insiders.

Mastercard Trading Down 0.2%

Mastercard stock opened at $570.01 on Thursday. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $503.65 billion, a price-to-earnings ratio of 31.35, a P/E/G ratio of 1.72 and a beta of 0.72. The company has a 50 day moving average price of $519.36 and a 200 day moving average price of $514.82.

Mastercard (NYSE:MA) last released its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The company had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.08 billion. During the same quarter in the prior year, the company earned $4.15 earnings per share. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. Research analysts forecast that Mastercard Incorporated will post 19.78 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 9th will be given a dividend of $0.87 per share. The ex-dividend date is Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is presently 19.14%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Piper Sandler assumed coverage on Mastercard in a research report on Monday, June 29th. They issued an “overweight” rating and a $597.00 target price for the company. Cantor Fitzgerald upped their price objective on Mastercard from $650.00 to $695.00 and gave the company an “overweight” rating in a report on Monday. KeyCorp lifted their target price on Mastercard from $670.00 to $680.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Barclays boosted their price target on shares of Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Clear Str upgraded shares of Mastercard to a “strong-buy” rating in a research report on Thursday, July 16th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $661.93.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Stablecoin expansion strengthens Mastercard’s growth strategy: Mastercard completed its acquisition of BVNK, valued at up to $1.8 billion, and partnered with Borderless.xyz to explore trusted cross-border stablecoin payments. The moves could help Mastercard connect traditional financial institutions with digital-asset infrastructure. Mastercard completes BVNK acquisition
• Positive Sentiment: Mastercard will help validate Circle’s Arc blockchain: Mastercard is among the traditional-finance companies selected as a founding validator for Circle’s Arc institutional blockchain, scheduled to launch September 16. The role supports Mastercard’s positioning in blockchain-based settlement and tokenized financial markets. Circle Arc founding validators
• Positive Sentiment: Fiserv partnership broadens merchant-service opportunities: Mastercard’s expanded global relationship with Fiserv will integrate Mastercard’s services into Fiserv’s Commerce Hub, giving enterprise merchants a single connection across online, mobile and in-store channels. This may support transaction growth and higher-margin value-added services. Fiserv and Mastercard partnership
• Positive Sentiment: Analyst optimism remains supportive: Cantor Fitzgerald reportedly raised its price target to $695 while maintaining an overweight rating. Mastercard’s latest quarterly results also exceeded expectations, with revenue up 14.1% year over year and EPS above consensus. Mastercard analyst outlook
• Neutral Sentiment: New corporate-card offerings with AFS in the UAE and Egypt, along with expanded premium travel benefits in Asia, could increase regional card usage, although the immediate earnings effect is likely limited. Mastercard corporate cards in UAE and Egypt
• Negative Sentiment: CEO Michael Miebach and another senior insider disclosed sizable stock sales. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing the bearish signal, but the sales may nevertheless weigh on sentiment. Mastercard CEO insider sale filing
• Negative Sentiment: Industry commentary highlights rising technology costs and pressure on consumer spending, which could constrain payment-sector margins despite continued cross-border transaction growth. Financial transaction stocks and rising technology costs

Mastercard Profile

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.