Mastercard Incorporated $MA Shares Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. raised its position in Mastercard Incorporated (NYSE:MA) by 8.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 241,419 shares of the credit services provider’s stock after acquiring an additional 19,169 shares during the period. Mastercard makes up 1.8% of iA Global Asset Management Inc.’s investment portfolio, making the stock its 10th largest holding. iA Global Asset Management Inc.’s holdings in Mastercard were worth $137,821,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MA. Brighton Jones LLC lifted its stake in shares of Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after acquiring an additional 2,028 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of Mastercard by 8.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after acquiring an additional 200 shares during the period. Betterment LLC lifted its stake in shares of Mastercard by 6.5% in the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares during the period. Worldquant Millennium Advisors LLC lifted its stake in shares of Mastercard by 35.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after acquiring an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Mastercard in the 2nd quarter worth $431,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MA. Bank of America began coverage on shares of Mastercard in a research note on Thursday, March 5th. They issued a “buy” rating and a $700.00 target price for the company. Raymond James Financial set a $609.00 target price on shares of Mastercard in a report on Friday, May 1st. Royal Bank Of Canada dropped their target price on shares of Mastercard from $656.00 to $629.00 and set an “outperform” rating for the company in a report on Friday, May 1st. UBS Group dropped their target price on shares of Mastercard from $650.00 to $640.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, Wolfe Research restated an “outperform” rating on shares of Mastercard in a report on Tuesday, March 17th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $656.00.

Mastercard Stock Performance

Shares of NYSE MA opened at $493.41 on Friday. The company has a market cap of $435.97 billion, a PE ratio of 28.55, a price-to-earnings-growth ratio of 1.54 and a beta of 0.76. Mastercard Incorporated has a 12 month low of $480.50 and a 12 month high of $601.77. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. The company has a 50-day simple moving average of $503.29 and a 200-day simple moving average of $531.59.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. The business had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.73 earnings per share. On average, equities analysts anticipate that Mastercard Incorporated will post 19.6 earnings per share for the current year.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is expanding into emerging “agentic commerce” and AI-driven payments through its PhotonPay partnership, which could support future transaction growth and strengthen its role in next-generation payment infrastructure. Can Mastercard Ride the Agentic Commerce Wave With PhotonPay?
• Positive Sentiment: PhotonPay said it completed its first live agentic payment with Mastercard, reinforcing the company’s early positioning in AI-enabled financial rails and secure autonomous transactions. PhotonPay Completes its First Live Agentic Payment Together with Mastercard
• Positive Sentiment: Mastercard and BMONI launched multi-currency payment cards in Nigeria, a sign of continued international expansion and efforts to deepen card usage in growth markets. Mastercard, BMONI launch multi-currency payment cards in Nigeria
• Neutral Sentiment: Mastercard’s recent earnings were strong, with revenue and EPS both beating expectations, but investors are weighing that against a premium valuation and a recent stock pullback. Assessing Mastercard (MA) Valuation After Recent Share Price Weakness And Premium P/E Multiple
• Neutral Sentiment: Analyst commentary suggests the recent dip below $500 may be an attractive entry point for long-term holders, but near-term headwinds could persist before growth re-accelerates later in 2026. Mastercard: The Dip Below $500 Is A Gift For Long-Term Investors (Rating Upgrade)
• Negative Sentiment: A U.S. inquiry into Brazil’s PIX system raises concerns that instant-payment rails could bypass card networks like Mastercard and pressure cross-border transaction volumes over time. U.S. PIX Inquiry Puts Mastercard Growth And Valuation In Focus

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.