Mastercard Incorporated $MA Shares Newly Acquired by Greg Jennings LLC

Greg Jennings LLC purchased a new stake in shares of Mastercard Incorporated (NYSE:MA) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 15,839 shares of the credit services provider’s stock, valued at approximately $8,735,000. Mastercard makes up about 5.9% of Greg Jennings LLC’s portfolio, making the stock its 4th largest holding.

Several other institutional investors have also added to or reduced their stakes in MA. Border to Coast Pensions Partnership Ltd raised its stake in Mastercard by 7.3% during the first quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider’s stock valued at $70,089,000 after purchasing an additional 9,504 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Mastercard by 5.4% in the 1st quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider’s stock worth $14,093,000 after buying an additional 1,434 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Mastercard by 105.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 12,834 shares of the credit services provider’s stock worth $6,412,000 after buying an additional 6,576 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of Mastercard by 5.3% in the 2nd quarter. Hsbc Holdings PLC now owns 1,656,528 shares of the credit services provider’s stock worth $850,004,000 after buying an additional 82,793 shares during the last quarter. Finally, SteelPeak Wealth LLC raised its position in shares of Mastercard by 50.1% during the 1st quarter. SteelPeak Wealth LLC now owns 14,003 shares of the credit services provider’s stock valued at $6,996,000 after buying an additional 4,675 shares in the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: AI-driven payment security: Mastercard introduced an AI-powered Agent Detection Score that estimates whether a transaction was initiated by an autonomous software agent or a human. The tool could help Mastercard manage fraud and trust risks as agentic commerce develops, supporting its role in next-generation payments. Mastercard Unveiled an AI Agent Detection Score
• Positive Sentiment: Stablecoin and digital-asset expansion: Mastercard is extending stablecoin-linked payment capabilities to approximately 130 countries through its Global Money Platform. Rising stablecoin transaction volumes and Mastercard’s efforts to connect crypto-based funds with traditional payment rails could create new transaction and cross-border revenue opportunities. Mastercard Just Wired Stablecoin Cards Into 130 Countries
• Positive Sentiment: International growth initiatives: Mastercard announced partnerships with Moovn in East Africa and BankIslami in Pakistan to broaden digital payments. It also partnered with Powertranz to simplify restaurant payments, potentially increasing acceptance and transaction volume in targeted markets. Mastercard and Moovn Join Forces
• Positive Sentiment: Potential China market access: U.S. officials are pressing China over independent market access for Mastercard’s payments network. Progress could unlock a significant long-term growth opportunity, although the outcome remains uncertain. U.S. Officials Press China on Market Access
• Neutral Sentiment: Mastercard trades at a premium valuation, with a price-to-earnings ratio above 33, and is approaching its 52-week high ahead of quarterly earnings. Strong expectations may support the stock, but also leave it sensitive to any earnings or guidance disappointment. Mastercard Stock Hits Record High Ahead of Q3 Earnings
• Negative Sentiment: Chief Financial Officer Ling Hai sold 4,317 shares worth approximately $2.68 million, reducing the position by 10.77%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which limits its usefulness as a signal of negative insider conviction, but it may still weigh modestly on sentiment. Mastercard CFO Form 4 Filing

Wall Street Analysts Forecast Growth

MA has been the subject of a number of analyst reports. KeyCorp increased their price target on shares of Mastercard from $670.00 to $680.00 and gave the company an “overweight” rating in a report on Friday, July 31st. The Goldman Sachs Group reiterated a “buy” rating and issued a $701.00 price target (up from $674.00) on shares of Mastercard in a research report on Thursday, July 30th. Robert W. Baird boosted their price objective on Mastercard from $660.00 to $710.00 and gave the stock an “outperform” rating in a research note on Friday, October 9th. Wolfe Research upped their price objective on Mastercard from $680.00 to $740.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Finally, Piper Sandler raised their price objective on Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard has an average rating of “Moderate Buy” and a consensus price target of $682.66.

Mastercard Trading Down 0.1%

MA stock traded down $0.77 during mid-day trading on Monday, reaching $616.65. 2,961,886 shares of the stock traded hands, compared to its average volume of 3,512,929. 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 Incorporated has a one year low of $464.52 and a one year high of $622.49. The stock has a market capitalization of $540.20 billion, a PE ratio of 33.92, a PEG ratio of 1.76 and a beta of 0.76. The business has a 50-day moving average price of $575.99 and a two-hundred day moving average price of $535.29.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, beating the consensus estimate of $4.77 by $0.27. The business had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.15 earnings per share. Equities research analysts expect that Mastercard Incorporated will post 19.91 EPS for the current year.

Mastercard Announces Dividend

The company 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 dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio is presently 19.14%.

Insider Buying and Selling

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total value of $2,440,926.80. Following the completion of the sale, the insider owned 31,179 shares of the company’s stock, valued at $17,781,695.49. This trade represents a 12.07% decrease in their ownership of the stock. The sale was disclosed in a document filed 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, Director Julius Genachowski sold 370 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $590.21, for a total value of $218,377.70. Following the transaction, the director owned 8,237 shares of the company’s stock, valued at $4,861,559.77. This trade represents a 4.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 72,676 shares of company stock worth $41,966,586 over the last three months. 0.09% of the stock is currently owned by company insiders.

About Mastercard

Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.

In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.