Mastercard Incorporated $MA Stake Increased by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC raised its stake in Mastercard Incorporated (NYSE:MA) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,850 shares of the credit services provider’s stock after acquiring an additional 1,349 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Mastercard were worth $10,947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Hyposwiss Advisors SA acquired a new stake in shares of Mastercard in the 4th quarter valued at $29,000. Robinswood Financial LLC bought a new position in Mastercard in the first quarter valued at about $25,000. Lifetime Wealth Management P.C. acquired a new stake in Mastercard in the fourth quarter worth about $33,000. First Pacific Financial raised its holdings in Mastercard by 113.8% during the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 33 shares during the last quarter. Finally, Monetary Solutions Ltd acquired a new position in Mastercard during the 4th quarter valued at about $37,000. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard Stock Up 1.9%

Mastercard stock traded up $11.42 during midday trading on Thursday, reaching $614.66. The stock had a trading volume of 1,581,403 shares, compared to its average volume of 3,502,078. The firm’s fifty day simple moving average is $574.08 and its 200-day simple moving average is $533.48. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $616.27. The stock has a market capitalization of $538.45 billion, a P/E ratio of 33.79, a price-to-earnings-growth ratio of 1.73 and a beta of 0.76. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The company had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same period last year, the company earned $4.15 earnings per share. The firm’s revenue was up 14.1% compared to the same quarter last year. As a group, analysts expect that Mastercard Incorporated will post 19.90 EPS for the current fiscal year.

Mastercard Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s dividend payout ratio is 19.14%.

Insider Buying and Selling

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 31,179 shares in the company, valued at $17,781,695.49. This trade represents a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 that occurred on Friday, July 31st. The stock was sold at an average price of $567.68, for a total value of $9,439,383.04. Following the transaction, the chief executive officer directly owned 115,921 shares in the company, valued at $65,806,033.28. This trade represents a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 68,359 shares of company stock valued at $39,290,046. 0.09% of the stock is currently owned by company insiders.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and BVNK launched the Mastercard Global Money Platform, a single-API infrastructure service that enables banks, fintechs and businesses to manage traditional currencies and stablecoins. The product is the first major integration since Mastercard acquired BVNK in August and could expand the company’s role in cross-border and digital-asset payments. Mastercard and BVNK launch Global Money Platform
• Positive Sentiment: Analysts and technical strategists continue to highlight Mastercard’s winning streak and potential for a longer-term breakout. The company has a broad “Buy” consensus, with several firms recently raising price targets, including UBS at $670 and Daiwa at $650. Wall Street views on Mastercard
• Positive Sentiment: Investors are looking for double-digit earnings growth in the upcoming third-quarter report. Mastercard’s latest quarter exceeded consensus estimates for earnings and revenue, with revenue increasing 14.1% year over year, supporting confidence in continued operating momentum. Mastercard earnings expectations
• Positive Sentiment: Mastercard is expanding its payments ecosystem through personalized payment strategies, crypto-linked card programs and stablecoin settlement, while also pursuing cybersecurity and commercial fleet-payment opportunities in emerging markets. These initiatives could create additional transaction volume over time. Mastercard personalized payments strategy
• Neutral Sentiment: Director Julius Genachowski sold shares under a pre-arranged Rule 10b5-1 plan. The transactions modestly reduced his holdings but are less concerning because they were scheduled in advance. Mastercard director stock sale

Analyst Upgrades and Downgrades

MA has been the subject of a number of recent research reports. Cantor Fitzgerald boosted their price target on shares of Mastercard from $650.00 to $695.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Raymond James Financial reaffirmed an “outperform” rating and set a $632.00 target price (up from $609.00) on shares of Mastercard in a report on Friday, July 31st. Rothschild & Co Redburn cut their price target on Mastercard from $710.00 to $688.00 and set a “buy” rating on the stock in a research note on Wednesday, September 2nd. Daiwa Securities Group boosted their target price on Mastercard from $580.00 to $650.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, KeyCorp lifted 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. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $682.66.

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.