1,518 Shares of Mastercard Incorporated $MA Bought by Verus Wealth Management LLC

Verus Wealth Management LLC purchased a new stake in shares of Mastercard Incorporated (NYSE:MA) in the 3rd quarter, Holdings Channel reports. The fund purchased 1,518 shares of the credit services provider’s stock, valued at approximately $837,000.

A number of other hedge funds have also recently bought and sold shares of MA. Catalyst Private Wealth LLC increased its holdings in Mastercard by 6.6% during the third quarter. Catalyst Private Wealth LLC now owns 803 shares of the credit services provider’s stock worth $443,000 after buying an additional 50 shares during the last quarter. Financial Planning Hawaii Inc. raised its position in Mastercard by 5.4% during the third quarter. Financial Planning Hawaii Inc. now owns 581 shares of the credit services provider’s stock worth $320,000 after acquiring an additional 30 shares in the last quarter. McGlone Suttner Wealth Management Inc. lifted its stake in Mastercard by 20.9% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 568 shares of the credit services provider’s stock valued at $313,000 after acquiring an additional 98 shares during the last quarter. Heffernan Advisory Inc. lifted its stake in Mastercard by 16.5% in the third quarter. Heffernan Advisory Inc. now owns 1,274 shares of the credit services provider’s stock valued at $703,000 after acquiring an additional 180 shares during the last quarter. Finally, Sax Wealth Advisors LLC lifted its stake in Mastercard by 28.6% in the third quarter. Sax Wealth Advisors LLC now owns 6,163 shares of the credit services provider’s stock valued at $3,399,000 after acquiring an additional 1,369 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Analysts expect Mastercard’s upcoming third-quarter report to show double-digit earnings growth, reinforcing confidence after the company’s latest quarter exceeded both revenue and EPS expectations. Here’s What to Expect From Mastercard Incorporated’s Next Earnings Report
• Positive Sentiment: Mastercard is expanding its growth opportunities through a new stablecoin initiative on Solana for cross-border payments and a crypto-backed card program with SoFi Tech Solutions and Mexican fintech Orbi. These efforts could increase transaction volumes and strengthen Mastercard’s role in digital-asset payments. Mastercard launches Open USD stablecoin on Solana
• Positive Sentiment: The company and WEX launched an Asia-Pacific fleet-payments network expected to process billions of dollars in annual transactions as it expands across regional logistics and commercial-vehicle markets. WEX and Mastercard partner to unify fleet payments across Asia-Pacific
• Positive Sentiment: Mastercard announced an Africa Cybersecurity Center of Excellence and additional cyber-resilience initiatives, positioning the company to benefit from rising digital-payment adoption and security spending across rapidly digitizing markets. Cyber Resilience Is the Foundation for Africa’s Next Phase of Digital Growth
• Positive Sentiment: Mastercard remains above technical buy points alongside Visa, while digital-wallet adoption and new card products such as OneGold’s precious-metals-backed Mastercard could support broader payment volumes. Mastercard and Visa ride win streaks above buy points
• Neutral Sentiment: Director Julius Genachowski sold a combined 741 shares for approximately $435,000 under a pre-arranged Rule 10b5-1 plan. The sales modestly reduce his holdings but may not signal a change in management’s outlook.
• Negative Sentiment: Mastercard and Visa face a reported £700 million UK class-action claim related to post-Brexit fees. Potential legal costs or fee changes could pressure margins, although the ultimate financial impact remains uncertain. Visa and Mastercard face £700m class action

Wall Street Analyst Weigh In

MA has been the topic of a number of research analyst reports. Royal Bank Of Canada upped their target price on shares of Mastercard from $642.00 to $696.00 and gave the company an “outperform” rating in a report on Monday, August 31st. Raymond James Financial reiterated an “outperform” rating and set a $632.00 price target (up from $609.00) on shares of Mastercard in a report on Friday, July 31st. Barclays boosted their price target on Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Weiss Ratings upgraded Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Finally, President Capital upped their price objective on Mastercard from $693.00 to $729.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $681.56.

Insider Transactions at Mastercard

In related news, insider Sachin Mehra sold 7,444 shares of Mastercard stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the completion of the sale, the insider directly owned 40,916 shares of the company’s stock, valued at approximately $23,613,851.08. This trade represents a 15.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 16,628 shares of the business’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $567.68, for a total value of $9,439,383.04. Following the completion of the sale, the chief executive officer owned 115,921 shares of the company’s stock, valued at $65,806,033.28. This trade represents a 12.54% decrease in their ownership of the stock. 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 68,359 shares of company stock worth $39,290,046 in the last ninety days. 0.09% of the stock is currently owned by company insiders.

Mastercard Stock Performance

Mastercard stock traded up $9.86 during trading hours on Tuesday, hitting $604.95. The company had a trading volume of 3,710,262 shares, compared to its average volume of 3,513,819. The firm has a 50-day moving average of $573.44 and a 200 day moving average of $532.76. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $529.94 billion, a PE ratio of 33.28, a PEG ratio of 1.68 and a beta of 0.76. Mastercard Incorporated has a one year low of $464.52 and a one year high of $605.60.

Mastercard (NYSE:MA) last issued its quarterly earnings data 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. 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 company posted $4.15 earnings per share. The business’s revenue was up 14.1% on a year-over-year basis. On average, sell-side analysts expect that Mastercard Incorporated will post 19.90 earnings per share for the current year.

Mastercard Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be paid a dividend of $0.87 per share. The ex-dividend date is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is 19.14%.

Mastercard 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 the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices.

Mastercard’s products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools.