First Nebraska Trust Co acquired a new stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm acquired 4,005 shares of the credit services provider’s stock, valued at approximately $2,209,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MA. Atlatl Advisers LLC increased its stake in shares of Mastercard by 2.8% in the 3rd quarter. Atlatl Advisers LLC now owns 586 shares of the credit services provider’s stock valued at $323,000 after purchasing an additional 16 shares during the last quarter. Foster Group Inc. raised its holdings in shares of Mastercard by 0.9% during the 3rd quarter. Foster Group Inc. now owns 2,122 shares of the credit services provider’s stock worth $1,170,000 after buying an additional 18 shares in the last quarter. Shakespeare Wealth Management LLC lifted its position in shares of Mastercard by 3.8% during the 3rd quarter. Shakespeare Wealth Management LLC now owns 492 shares of the credit services provider’s stock worth $271,000 after buying an additional 18 shares during the last quarter. Bell Investment Advisors Inc lifted its position in shares of Mastercard by 3.6% during the 3rd quarter. Bell Investment Advisors Inc now owns 513 shares of the credit services provider’s stock worth $283,000 after buying an additional 18 shares during the last quarter. Finally, Athena Wealth Management LLC boosted its stake in Mastercard by 3.8% in the second quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock valued at $264,000 after buying an additional 19 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Mastercard news, CFO Ling Hai sold 4,318 shares of the stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $642.43, for a total transaction of $2,774,012.74. Following the completion of the sale, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,966,872.50. This represents a 10.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 371 shares of the firm’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $585.01, for a total transaction of $217,038.71. Following the transaction, the director owned 8,607 shares of the company’s stock, valued at approximately $5,035,181.07. The trade was a 4.13% 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 25,403 shares of company stock valued at $15,428,736 over the last ninety days. 0.09% of the stock is owned by company insiders.
Mastercard Stock Performance
NYSE MA opened at $647.13 on Wednesday. The company has a market capitalization of $566.89 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 1.86 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $661.34. The stock has a fifty day simple moving average of $589.30 and a 200 day simple moving average of $537.28.
Mastercard (NYSE:MA – Get Free Report) last announced its earnings results on Thursday, October 29th. The credit services provider reported $5.31 EPS for the quarter, topping the consensus estimate of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The firm had revenue of $9.81 billion for the quarter, compared to the consensus estimate of $9.66 billion. During the same period in the previous year, the business earned $4.38 EPS. The business’s quarterly revenue was up 14.0% compared to the same quarter last year. Sell-side analysts expect that Mastercard Incorporated will post 19.99 EPS for the current year.
Mastercard Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard’s payout ratio is currently 18.20%.
Key Stories Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard reported third-quarter revenue of $9.81 billion, up 14% year over year, and earnings per share of $5.31, exceeding analyst expectations. Management cited broad growth across its payments network and value-added services. Q3 results and growth drivers
- Positive Sentiment: Mastercard is expanding its agentic-commerce and cross-border payments efforts through partnerships with OpenAI and Tencent, including plans to deepen remittance ties and enable overseas wallets to pay at participating QR merchants in China. These initiatives could broaden payment volume and acceptance over time. OpenAI and Tencent partnerships Tencent payment and remittance plans
- Positive Sentiment: Several analysts raised their price targets after the earnings report, including UBS to $750 and Cantor Fitzgerald to $765, reflecting confidence in Mastercard’s growth outlook. Cantor Fitzgerald target increase
- Neutral Sentiment: Mastercard introduced free cybersecurity lessons for European small and midsize businesses. The program may strengthen customer relationships and resilience, though its direct financial impact is unclear. Cybersecurity lessons for SMEs
- Negative Sentiment: CFO Ling Hai sold roughly 8,635 shares across two transactions, reducing his stake by about 10.8%. The sales were made under a pre-arranged Rule 10b5-1 plan, which can temper concerns that they reflect a fresh view on the company. SEC filing on CFO share sales
Analyst Upgrades and Downgrades
MA has been the topic of a number of recent analyst reports. Royal Bank Of Canada lifted their target price on Mastercard from $696.00 to $742.00 and gave the company an “outperform” rating in a research report on Friday, October 30th. Dbs Bank raised Mastercard to a “moderate buy” rating in a research note on Friday, August 21st. Truist Financial increased their target price on shares of Mastercard from $633.00 to $674.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. Rothschild & Co Redburn reduced their price target on shares of Mastercard from $710.00 to $688.00 and set a “buy” rating on the stock in a research note on Wednesday, September 2nd. Finally, Evercore lifted their price target on shares of Mastercard from $550.00 to $620.00 in a report on Friday, July 31st. Two equities research 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $702.91.
Read Our Latest Report on Mastercard
Mastercard Company Profile
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.
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