iA Global Asset Management Inc. Has $120.95 Million Stock Holdings in Mastercard Incorporated $MA

iA Global Asset Management Inc. grew its holdings in Mastercard Incorporated (NYSE:MA) by 1.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 235,496 shares of the credit services provider’s stock after acquiring an additional 4,188 shares during the period. Mastercard accounts for approximately 1.4% of iA Global Asset Management Inc.’s holdings, making the stock its 13th largest position. iA Global Asset Management Inc.’s holdings in Mastercard were worth $120,951,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MA. Border to Coast Pensions Partnership Ltd boosted its stake in shares of Mastercard by 7.3% during the 1st quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider’s stock worth $70,089,000 after acquiring an additional 9,504 shares in the last quarter. Canada Post Corp Registered Pension Plan raised its stake in shares of Mastercard by 6.1% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 65,414 shares of the credit services provider’s stock valued at $37,344,000 after acquiring an additional 3,768 shares in the last quarter. Marble Wealth LLC bought a new position in shares of Mastercard in the 4th quarter valued at approximately $1,328,000. Charles Lim Capital Ltd acquired a new stake in Mastercard in the 4th quarter worth approximately $15,699,000. Finally, Gamco Investors INC. ET AL lifted its holdings in 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 purchasing an additional 1,434 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Insiders Place Their Bets

In other Mastercard news, insider Raj Seshadri sold 1,977 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total value of $1,047,276.21. Following the completion of the transaction, the insider owned 16,429 shares of the company’s stock, valued at $8,702,934.17. This represents a 10.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandra A. Arkell sold 200 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $540.00, for a total value of $108,000.00. Following the completion of the sale, the insider owned 3,322 shares of the company’s stock, valued at $1,793,880. This represents a 5.68% 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 71,357 shares of company stock valued at $40,637,262 in the last quarter. 0.09% of the stock is currently owned by insiders.

Mastercard Stock Up 1.1%

MA opened at $580.26 on Friday. The business has a 50 day moving average of $538.80 and a 200-day moving average of $518.06. The stock has a market capitalization of $508.31 billion, a price-to-earnings ratio of 31.92, a P/E/G ratio of 1.72 and a beta of 0.72. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.77.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. The business had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. Mastercard’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.15 earnings per share. As a group, sell-side analysts anticipate that Mastercard Incorporated will post 19.86 earnings per share for the current year.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Thursday, July 9th were given a dividend of $0.87 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. Mastercard’s dividend payout ratio is currently 19.14%.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is positioning its network for “agentic payments,” in which artificial-intelligence agents make purchases for consumers. Its participation in the Agentic Payments Alliance and CEO Michael Miebach’s comments suggest the company is working to establish standards and capture transaction volume from this emerging market. How Mastercard CEO is preparing for a world where AI agents do the shopping
• Positive Sentiment: Mastercard’s latest quarterly results showed earnings per share of $5.04 and revenue of $9.28 billion, exceeding analyst estimates. Revenue increased 14.1% year over year, reinforcing the company’s growth and profitability profile.
• Neutral Sentiment: Analyst sentiment remains favorable, with a consensus “Buy” rating and an average price target of $661.93. However, valuation assessments are mixed: some intrinsic-value models indicate upside, while earnings-based measures suggest MA trades at a premium. Can Mastercard stay cheap as AI payments expand?
• Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The change could support regional expansion, but no immediate financial impact was announced. Mastercard appoints Yasemin Bedir as EEMEA president
• Negative Sentiment: A reported UK legal ruling could make millions of people eligible for approximately £70 in compensation related to Mastercard card-fee claims. The potential financial liability and scope of the case remain unclear, but the development adds litigation risk. Mastercard ruling as millions could get compensation
• Negative Sentiment: Chief Business Officer Sachin J. Mehra sold 8,444 shares for roughly $4.87 million across August 19–20. The trades were conducted under a pre-arranged Rule 10b5-1 plan, reducing their significance as a discretionary bearish signal, although they may weigh modestly on sentiment. Mastercard insider trading filing

Wall Street Analysts Forecast Growth

Several equities analysts have commented on MA shares. Royal Bank Of Canada increased their price target on Mastercard from $629.00 to $642.00 and gave the company an “outperform” rating in a report on Friday, July 31st. KeyCorp boosted their price objective on shares of Mastercard from $670.00 to $680.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Cantor Fitzgerald upped their price objective on shares of Mastercard from $650.00 to $695.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. TD Cowen raised their target price on shares of Mastercard from $664.00 to $667.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Wall Street Zen downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Five analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $661.93.

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.