Saudi Central Bank boosted its stake in Mastercard Incorporated (NYSE:MA – Free Report) by 83.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 57,318 shares of the credit services provider’s stock after buying an additional 26,065 shares during the period. Saudi Central Bank’s holdings in Mastercard were worth $29,439,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. Robinswood Financial LLC acquired a new stake in shares of Mastercard during the first quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Mastercard by 820.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after acquiring an additional 41 shares during the last quarter. Strive Financial Group LLC purchased a new position in shares of Mastercard during the 4th quarter worth approximately $27,000. Hyposwiss Advisors SA purchased a new position in shares of Mastercard during the 4th quarter worth approximately $29,000. Finally, First Pacific Financial increased its holdings in Mastercard by 113.8% in the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 33 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on MA. Truist Financial boosted their target price on Mastercard from $554.00 to $633.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Robert W. Baird lifted their price objective on Mastercard from $660.00 to $680.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Barclays boosted their price objective on Mastercard from $640.00 to $660.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Keefe, Bruyette & Woods increased their target price on Mastercard from $665.00 to $685.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, Royal Bank Of Canada raised their target price on Mastercard from $642.00 to $696.00 and gave the company an “outperform” rating in a report on Monday, August 31st. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $666.64.
Key Headlines Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard’s Strive India program has helped small businesses access more than $150 million in credit. The initiative strengthens Mastercard’s role in financial inclusion and could expand future payment volumes in a large growth market. Mastercard Strive India Aids Small Firms With Over $150 Million in Credit
- Positive Sentiment: Mastercard launched its first Start Path cohort focused on agentic commerce, with 22 startups developing technology that enables AI agents to initiate and complete transactions. The effort positions Mastercard to capture a potential new payments channel as autonomous purchasing develops. Mastercard Start Path Launches Inaugural Agentic Commerce Cohort
- Positive Sentiment: Citi Hong Kong plans to introduce a virtual credit card with a dynamic card validation code in partnership with Mastercard. The product could improve digital-payment security and reinforce Mastercard’s technology value proposition. Citi Hong Kong Dynamic CVC Virtual Credit Card Partnership
- Neutral Sentiment: Mastercard expanded leadership for digital acceptance in the Europe, Middle East and Africa region and launched travel deals with Klook. Both developments may support merchant adoption and engagement, but are unlikely to materially change near-term earnings. Mastercard Elevates Vanshi Kotru Mastercard and Klook Launch Travel Deals
- Negative Sentiment: CFO Sachin Mehra sold 3,266 shares valued at approximately $1.9 million, reducing his direct holdings by 8.18%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal, but it can still weigh on sentiment—particularly with Mastercard trading near a 52-week high and at a premium earnings multiple. SEC Insider Transaction Filing
Insider Buying and Selling
In related news, insider Raj Seshadri sold 4,828 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $525.00, for a total value of $2,534,700.00. Following the sale, the insider owned 16,429 shares of the company’s stock, valued at $8,625,225. This trade represents a 22.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction that occurred on 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 completion of the transaction, the insider owned 31,179 shares of the company’s stock, valued at $17,781,695.49. This represents a 12.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 74,623 shares of company stock worth $42,544,606. 0.09% of the stock is owned by corporate insiders.
Mastercard Stock Performance
NYSE:MA opened at $579.43 on Friday. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.62. The company has a fifty day simple moving average of $558.51 and a two-hundred day simple moving average of $521.47. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. The company has a market cap of $507.59 billion, a price-to-earnings ratio of 31.87, a price-to-earnings-growth ratio of 1.66 and a beta of 0.74.
Mastercard (NYSE:MA – Get Free Report) 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 firm had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.08 billion. During the same period last year, the business posted $4.15 earnings per share. Mastercard’s revenue was up 14.1% compared to the same quarter last year. As a group, equities analysts anticipate that Mastercard Incorporated will post 19.86 earnings per share for the current fiscal year.
Mastercard Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Thursday, July 9th were given a $0.87 dividend. The ex-dividend date of this dividend was 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 currently 19.14%.
About Mastercard
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.
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