Seaport Res Ptn Upgrades Mastercard (NYSE:MA) to “Strong-Buy”

Seaport Res Ptn upgraded shares of Mastercard (NYSE:MA) from a hold rating to a strong-buy rating in a research report released on Monday,Zacks.com reports. Seaport Res Ptn also issued estimates for Mastercard’s Q2 2025 earnings at $4.10 EPS.

Other research analysts have also issued research reports about the company. Truist Financial started coverage on Mastercard in a report on Monday, June 2nd. They set a “buy” rating and a $640.00 price objective on the stock. Citigroup upped their price target on shares of Mastercard from $650.00 to $652.00 and gave the stock a “buy” rating in a research note on Monday, May 5th. Jefferies Financial Group reiterated a “buy” rating on shares of Mastercard in a report on Friday, June 6th. Macquarie decreased their price objective on shares of Mastercard from $645.00 to $610.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Finally, Wall Street Zen lowered shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th. Six research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $611.50.

Mastercard Trading Up 0.5%

Shares of Mastercard stock opened at $553.12 on Monday. Mastercard has a 52-week low of $428.86 and a 52-week high of $594.71. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.81. The company’s 50-day simple moving average is $568.26 and its 200-day simple moving average is $547.98. The firm has a market cap of $504.28 billion, a price-to-earnings ratio of 38.79, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, beating analysts’ consensus estimates of $3.57 by $0.16. The company had revenue of $7.25 billion for the quarter, compared to analyst estimates of $7.12 billion. Mastercard had a return on equity of 196.87% and a net margin of 45.21%. The firm’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.31 EPS. As a group, equities research analysts anticipate that Mastercard will post 15.91 earnings per share for the current year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Investors of record on Wednesday, July 9th will be paid a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 0.55%. The ex-dividend date is Wednesday, July 9th. Mastercard’s payout ratio is 21.32%.

Insider Activity

In other news, Director Julius Genachowski sold 312 shares of the business’s stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $570.67, for a total value of $178,049.04. Following the completion of the transaction, the director owned 8,469 shares of the company’s stock, valued at $4,833,004.23. The trade was a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Raj Seshadri sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $546.77, for a total transaction of $601,447.00. Following the transaction, the insider directly owned 12,921 shares in the company, valued at $7,064,815.17. The trade was a 7.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,753 shares of company stock valued at $20,351,084 over the last quarter. 0.09% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Mastercard

Several hedge funds have recently made changes to their positions in the business. Revisor Wealth Management LLC lifted its holdings in shares of Mastercard by 53.7% during the 2nd quarter. Revisor Wealth Management LLC now owns 1,171 shares of the credit services provider’s stock worth $661,000 after acquiring an additional 409 shares during the period. Fortitude Family Office LLC increased its position in Mastercard by 76.9% during the second quarter. Fortitude Family Office LLC now owns 1,028 shares of the credit services provider’s stock worth $578,000 after purchasing an additional 447 shares during the last quarter. CGN Advisors LLC raised its stake in Mastercard by 2.7% during the second quarter. CGN Advisors LLC now owns 8,043 shares of the credit services provider’s stock worth $4,520,000 after purchasing an additional 210 shares during the period. Martin Capital Advisors LLP raised its stake in Mastercard by 0.8% during the second quarter. Martin Capital Advisors LLP now owns 9,810 shares of the credit services provider’s stock worth $5,513,000 after purchasing an additional 81 shares during the period. Finally, Bfsg LLC boosted its holdings in shares of Mastercard by 0.6% in the 2nd quarter. Bfsg LLC now owns 11,038 shares of the credit services provider’s stock valued at $6,203,000 after purchasing an additional 71 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

About Mastercard

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.