Mastercard Incorporated $MA Stock Position Boosted by Fisher Asset Management LLC

Fisher Asset Management LLC raised its position in Mastercard Incorporated (NYSE:MA) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,386,119 shares of the credit services provider’s stock after purchasing an additional 28,834 shares during the quarter. Fisher Asset Management LLC owned 0.50% of Mastercard worth $2,418,813,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Letko Brosseau & Associates Inc. boosted its holdings in shares of Mastercard by 6.5% in the 3rd quarter. Letko Brosseau & Associates Inc. now owns 426 shares of the credit services provider’s stock valued at $235,000 after buying an additional 26 shares during the last quarter. Legacy Trust grew its stake in shares of Mastercard by 6.7% in the third quarter. Legacy Trust now owns 1,788 shares of the credit services provider’s stock valued at $986,000 after buying an additional 113 shares in the last quarter. Warburton Capital Management LLC increased its holdings in Mastercard by 18.3% during the third quarter. Warburton Capital Management LLC now owns 517 shares of the credit services provider’s stock worth $285,000 after buying an additional 80 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Mastercard by 2.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,020,960 shares of the credit services provider’s stock valued at $1,116,196,000 after purchasing an additional 43,395 shares during the period. Finally, Barr E S & Co. increased its position in Mastercard by 4.5% during the third quarter. Barr E S & Co. now owns 74,121 shares of the credit services provider’s stock worth $40,876,000 after buying an additional 3,191 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors.

Mastercard News Summary

These are some of the MA news items that stood out recently:

• Positive Sentiment: Bernstein raised its price target on Mastercard to $764 from $730 and reiterated an “outperform” rating, implying 17.1% upside from the cited $652.48 reference price. TickerReport article
• Positive Sentiment: Mastercard is expanding payment capabilities and partnerships. It completed a reported agentic travel transaction, and separately partnered with Glyde to bring virtual-card payments to Southern Africa’s travel sector—developments that could support new use cases and transaction activity. PYMNTS article Mastercard and Glyde article
• Positive Sentiment: Mastercard is investing in regional growth. The company plans to add more than 250 specialist roles in Singapore by the end of 2029, while a new agreement with Nigeria’s SMEDAN will advance digitization for small businesses. These initiatives may broaden its regional reach, though hiring also entails investment. Straits Times article Daily Post article

Wall Street Analyst Weigh In

MA has been the topic of several research analyst reports. Truist Financial upped their price objective on Mastercard from $674.00 to $735.00 and gave the company a “buy” rating in a research note on Thursday, November 5th. Dbs Bank raised Mastercard to a “moderate buy” rating in a report on Friday, August 21st. Wells Fargo & Company raised their price target on Mastercard from $668.00 to $731.00 and gave the company an “overweight” rating in a report on Friday, October 30th. Royal Bank Of Canada lifted their price objective on shares of Mastercard from $696.00 to $742.00 and gave the stock an “outperform” rating in a research report on Friday, October 30th. Finally, Mizuho set a $711.00 price objective on shares of Mastercard in a research report on Friday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $713.21.

Mastercard Stock Performance

Shares of NYSE MA opened at $652.48 on Friday. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $568.43 billion, a price-to-earnings ratio of 34.13, a P/E/G ratio of 1.86 and a beta of 0.78. The stock’s fifty day moving average price is $598.61 and its two-hundred day moving average price is $541.70. Mastercard Incorporated has a one year low of $464.52 and a one year high of $681.99.

Mastercard (NYSE:MA) last posted its earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, topping analysts’ consensus estimates of $5.17 by $0.14. The company had revenue of $9.81 billion during the quarter, compared to the consensus estimate of $9.66 billion. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The company’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the firm earned $4.38 earnings per share. On average, equities analysts forecast that Mastercard Incorporated will post 20.00 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, October 9th were issued a $0.87 dividend. The ex-dividend date of this dividend was Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. Mastercard’s payout ratio is currently 18.20%.

Insider Buying and Selling at Mastercard

In other news, CFO Ling Hai sold 4,317 shares of Mastercard stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $641.00, for a total value of $2,767,197.00. Following the completion of the sale, the chief financial officer directly owned 35,750 shares in the company, valued at approximately $22,915,750. The trade was a 10.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $218,377.70. Following the completion of the sale, the director owned 8,237 shares of the company’s stock, valued at approximately $4,861,559.77. This trade represents a 4.30% 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. Insiders sold 25,403 shares of company stock valued at $15,428,736 in the last quarter. Company insiders own 0.09% of the company’s stock.

About Mastercard

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, merchants, financial institutions, businesses and governments. Its network supports electronic payments, including transactions made with Mastercard-branded credit, debit and prepaid cards, as well as digital payment methods. The company provides technology for authorizing, clearing and settling transactions. It also offers services related to cybersecurity, identity verification, data analytics, fraud prevention and payment consulting.