Iams Wealth Management LLC Makes New $590,000 Investment in Mastercard Incorporated $MA

Iams Wealth Management LLC purchased a new position in Mastercard Incorporated (NYSE:MA) during the third quarter, Holdings Channel.com reports. The firm purchased 1,069 shares of the credit services provider’s stock, valued at approximately $590,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Hyposwiss Advisors SA purchased a new stake in Mastercard during the fourth quarter valued at about $29,000. Robinswood Financial LLC purchased a new position in shares of Mastercard in the first quarter worth approximately $25,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Mastercard during the fourth quarter valued at approximately $33,000. First Pacific Financial raised its holdings in shares of Mastercard by 113.8% during the first 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 period. Finally, Monetary Solutions Ltd acquired a new stake in shares of Mastercard during the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Insider Activity at Mastercard

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total value of $2,440,926.80. Following the transaction, the insider owned 31,179 shares in the company, valued at approximately $17,781,695.49. This represents a 12.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $567.68, for a total transaction 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 approximately $65,806,033.28. The trade was a 12.54% 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. Over the last ninety days, insiders sold 68,359 shares of company stock valued at $39,290,046. Company insiders own 0.09% of the company’s stock.

Mastercard Trading Up 2.2%

NYSE:MA opened at $616.36 on Friday. The stock has a market cap of $539.93 billion, a PE ratio of 33.90, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $619.80. 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 stock’s 50-day moving average is $574.89 and its two-hundred day moving average is $534.41.

Mastercard (NYSE:MA) last posted its quarterly 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 during 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%. The firm’s revenue was up 14.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.15 earnings per share. As a group, equities research analysts forecast that Mastercard Incorporated will post 19.90 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.6%. Mastercard’s payout ratio is presently 19.14%.

Wall Street Analysts Forecast Growth

MA has been the subject of several research analyst reports. President Capital upped their price target on shares of Mastercard from $693.00 to $729.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Daiwa Securities Group boosted their target price on shares of Mastercard from $580.00 to $650.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their target price on shares of Mastercard from $642.00 to $696.00 and gave the company an “outperform” rating in a research note on Monday, August 31st. UBS Group increased their target price on Mastercard from $640.00 to $670.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, KeyCorp raised their target price on Mastercard from $670.00 to $680.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $682.66.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and BVNK launched the Global Money Platform, a single-API infrastructure service enabling banks, fintechs and businesses to hold, convert and spend traditional currencies and stablecoins. The product is the first major integration since Mastercard acquired BVNK for $1.8 billion and could expand Mastercard’s role in cross-border payments, digital assets and enterprise settlement. Mastercard and BVNK launch Global Money Platform
• Positive Sentiment: Technical coverage said MA moved into a buy zone after extending its longest winning streak since 2023 and passing a key buy point. Momentum-focused investors may view the move toward record highs as confirmation of a potential longer-term breakout. Mastercard technical momentum analysis
• Positive Sentiment: Analyst coverage remains broadly bullish, with Mastercard receiving a consensus “Moderate Buy” rating and a target price above its recent trading level. Recent quarterly results also exceeded earnings and revenue expectations, supporting confidence in the company’s growth outlook. Wall Street views on Mastercard
• Neutral Sentiment: Director Julius Genachowski sold Mastercard shares under a pre-arranged Rule 10b5-1 trading plan. The transaction modestly reduced his holdings but is less significant as a discretionary bearish signal because it was scheduled in advance. Mastercard director stock sale

About Mastercard

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.