Tenet Wealth Partners LLC purchased a new stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 877 shares of the credit services provider’s stock, valued at approximately $484,000.
Several other institutional investors have also modified their holdings of MA. Robinswood Financial LLC purchased a new stake in Mastercard during the first quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Mastercard by 820.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after buying an additional 41 shares in the last quarter. Strive Financial Group LLC purchased a new stake in shares of Mastercard in the 4th quarter worth about $27,000. Hyposwiss Advisors SA acquired a new stake in Mastercard in the 4th quarter valued at about $29,000. Finally, First Pacific Financial grew its stake in Mastercard by 113.8% in the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 33 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.
Mastercard News Roundup
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard’s Strive India program has helped small businesses access more than $150 million in credit. The initiative strengthens Mastercard’s role in financial inclusion and could expand future payment volumes in a large growth market. Mastercard Strive India Aids Small Firms With Over $150 Million in Credit
- Positive Sentiment: Mastercard launched its first Start Path cohort focused on agentic commerce, with 22 startups developing technology that enables AI agents to initiate and complete transactions. The effort positions Mastercard to capture a potential new payments channel as autonomous purchasing develops. Mastercard Start Path Launches Inaugural Agentic Commerce Cohort
- Positive Sentiment: Citi Hong Kong plans to introduce a virtual credit card with a dynamic card validation code in partnership with Mastercard. The product could improve digital-payment security and reinforce Mastercard’s technology value proposition. Citi Hong Kong Dynamic CVC Virtual Credit Card Partnership
- Neutral Sentiment: Mastercard expanded leadership for digital acceptance in the Europe, Middle East and Africa region and launched travel deals with Klook. Both developments may support merchant adoption and engagement, but are unlikely to materially change near-term earnings. Mastercard Elevates Vanshi Kotru Mastercard and Klook Launch Travel Deals
- Negative Sentiment: CFO Sachin Mehra sold 3,266 shares valued at approximately $1.9 million, reducing his direct holdings by 8.18%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal, but it can still weigh on sentiment—particularly with Mastercard trading near a 52-week high and at a premium earnings multiple. SEC Insider Transaction Filing
Mastercard Price Performance
Mastercard (NYSE:MA – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating the consensus estimate of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The company had revenue of $9.28 billion during the quarter, compared to analysts’ expectations of $9.08 billion. During the same quarter in the previous year, the business earned $4.15 EPS. The firm’s revenue was up 14.1% on a year-over-year basis. Equities research analysts forecast that Mastercard Incorporated will post 19.86 EPS for the current year.
Mastercard Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Thursday, July 9th were given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 9th. Mastercard’s payout ratio is 19.14%.
Insider Transactions at Mastercard
In other news, insider Linda Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total value of $2,440,926.80. Following the transaction, the insider directly owned 31,179 shares of the company’s stock, valued at $17,781,695.49. The trade was a 12.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 4,828 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the sale, the insider owned 16,429 shares of the company’s stock, valued at $8,625,225. The trade was a 22.71% 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. In the last 90 days, insiders have sold 74,623 shares of company stock valued at $42,544,606. 0.09% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
MA has been the subject of a number of research reports. Truist Financial lifted their target price on shares of Mastercard from $554.00 to $633.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. TD Cowen raised their price objective on shares of Mastercard from $664.00 to $667.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating and set a $701.00 price objective on shares of Mastercard in a research report on Thursday, July 30th. Royal Bank Of Canada upped their target price on Mastercard from $642.00 to $696.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Cantor Fitzgerald raised their price target on Mastercard from $650.00 to $695.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $666.64.
View Our Latest Research Report on MA
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.
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