2,091 Mastercard Incorporated $MA Shares Bought by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC boosted its stake in shares of Mastercard Incorporated (NYSE:MA) by 708.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,386 shares of the credit services provider’s stock after purchasing an additional 2,091 shares during the period. Provenance Wealth Advisors LLC’s holdings in Mastercard were worth $1,316,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fundsmith LLP purchased a new position in shares of Mastercard during the second quarter worth approximately $639,458,000. Corient Private Wealth LP raised its stake in shares of Mastercard by 147.2% during the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider’s stock valued at $863,969,000 after acquiring an additional 1,001,671 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Mastercard by 295.8% in the second quarter. Assenagon Asset Management S.A. now owns 860,011 shares of the credit services provider’s stock valued at $441,702,000 after purchasing an additional 642,724 shares during the period. SEB Asset Management AB purchased a new stake in shares of Mastercard in the first quarter valued at approximately $293,574,000. Finally, Soroban Capital Partners LP boosted its holdings in shares of Mastercard by 30.5% in the first quarter. Soroban Capital Partners LP now owns 2,464,499 shares of the credit services provider’s stock valued at $1,231,412,000 after purchasing an additional 575,412 shares during the period. 97.28% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Julius Genachowski sold 370 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $590.21, for a total transaction of $218,377.70. Following the completion of the transaction, the director owned 8,237 shares in the company, valued at $4,861,559.77. The trade was a 4.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,317 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $641.00, for a total transaction of $2,767,197.00. Following the completion of the sale, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,915,750. This trade represents a 10.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 25,403 shares of company stock worth $15,428,736. Corporate insiders own 0.09% of the company’s stock.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: An analyst upgrade helped lift sentiment, while recent post-earnings target increases—including UBS’s $750 and Cantor Fitzgerald’s $765 targets—signal confidence in Mastercard’s outlook. Report on analyst upgrade
• Positive Sentiment: Mastercard’s third-quarter results beat expectations: revenue rose 14% year over year to $9.81 billion, and EPS of $5.31 topped the $5.17 consensus. The results reinforce the company’s growth story. Q3 results and growth drivers
• Positive Sentiment: Mastercard is extending digital payment access in Morocco through Samsung Pay. Wider mobile-wallet availability could support transaction growth over time. Samsung Pay expansion in Morocco
• Positive Sentiment: New card offerings with Bank of Punjab in Pakistan and Safwa Islamic Bank expand Mastercard-linked products with regional partners, creating potential for additional card usage and payment volume. Bank of Punjab card launch Safwa Islamic Bank card launch
• Positive Sentiment: Bill Ackman praised Mastercard as a high-quality business, and analyst estimates cited in the article project normalized EPS growth of about 16% annually from 2026 to 2028. Ackman’s comments and growth estimates
• Neutral Sentiment: Mastercard introduced free cybersecurity training for European small businesses. The initiative may deepen business relationships, but its near-term financial contribution is unclear. Cybersecurity lessons for SMEs
• Negative Sentiment: CFO Ling Hai sold 4,317 shares, adding a modest insider-selling concern. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces the likelihood it reflects a new view on the company. CFO share sale

Mastercard Stock Up 3.8%

Shares of NYSE MA opened at $671.85 on Thursday. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $673.50. The stock’s fifty day simple moving average is $590.77 and its two-hundred day simple moving average is $537.93. The stock has a market capitalization of $588.54 billion, a PE ratio of 35.14, a price-to-earnings-growth ratio of 1.83 and a beta of 0.78. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.29.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The company had revenue of $9.81 billion for the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter last year, the company earned $4.38 earnings per share. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. As a group, analysts expect that Mastercard Incorporated will post 19.99 EPS for the current fiscal year.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard’s dividend payout ratio is presently 18.20%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. UBS Group raised their price objective on Mastercard from $670.00 to $750.00 and gave the stock a “buy” rating in a report on Friday, October 30th. Weiss Ratings upgraded Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 2nd. Clear Str raised Mastercard to a “strong-buy” rating in a research report on Thursday, July 16th. Cantor Fitzgerald increased their price target on Mastercard from $695.00 to $765.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Finally, BNP Paribas Exane raised their price target on Mastercard from $680.00 to $713.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $702.91.

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 electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.

In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.