Bernicke Wealth Management Ltd. Purchases 1,733 Shares of Mastercard Incorporated $MA

Bernicke Wealth Management Ltd. acquired a new position in Mastercard Incorporated (NYSE:MA) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,733 shares of the credit services provider’s stock, valued at approximately $956,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Gamco Investors INC. ET AL boosted its stake in Mastercard by 5.4% during the first quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider’s stock worth $14,093,000 after acquiring an additional 1,434 shares in the last quarter. Reynders McVeigh Capital Management LLC grew its holdings in Mastercard by 2.2% in the second quarter. Reynders McVeigh Capital Management LLC now owns 141,828 shares of the credit services provider’s stock worth $72,843,000 after purchasing an additional 3,006 shares during the period. Hsbc Holdings PLC increased its stake in shares of Mastercard by 5.3% during the second quarter. Hsbc Holdings PLC now owns 1,656,528 shares of the credit services provider’s stock valued at $850,004,000 after purchasing an additional 82,793 shares in the last quarter. SteelPeak Wealth LLC increased its stake in shares of Mastercard by 50.1% during the first quarter. SteelPeak Wealth LLC now owns 14,003 shares of the credit services provider’s stock valued at $6,996,000 after purchasing an additional 4,675 shares in the last quarter. Finally, Rockland Trust Co. lifted its holdings in shares of Mastercard by 6.2% during the third quarter. Rockland Trust Co. now owns 81,392 shares of the credit services provider’s stock valued at $44,885,000 after purchasing an additional 4,751 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on MA shares. Truist Financial boosted their price target on Mastercard from $674.00 to $735.00 and gave the stock a “buy” rating in a research report on Thursday, November 5th. TD Cowen upped their price target on Mastercard from $667.00 to $726.00 and gave the stock a “buy” rating in a research note on Friday, October 30th. Piper Sandler raised their price objective on Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Robert W. Baird lifted their price objective on Mastercard from $660.00 to $710.00 and gave the company an “outperform” rating in a research note on Friday, October 9th. Finally, BNP Paribas Exane lifted their price objective on Mastercard from $680.00 to $713.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $713.21.

Mastercard Stock Up 1.3%

NYSE:MA opened at $661.13 on Friday. The firm has a market cap of $575.97 billion, a P/E ratio of 34.58, a P/E/G ratio of 1.84 and a beta of 0.78. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.01 and a current ratio of 1.01. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $681.99. The firm has a 50-day simple moving average of $600.12 and a two-hundred day simple moving average of $542.40.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.17 by $0.14. The business had revenue of $9.81 billion during the quarter, compared to analysts’ expectations of $9.66 billion. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the previous year, the company earned $4.38 earnings per share. Analysts predict that Mastercard Incorporated will post 20.01 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

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

Insider Activity at Mastercard

In related news, insider Sachin Mehra sold 3,266 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $584.00, for a total value of $1,907,344.00. Following the transaction, the insider directly owned 36,650 shares of the company’s stock, valued at approximately $21,403,600. This represents a 8.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 370 shares of the stock in a transaction 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 sale, the director owned 8,237 shares in the company, valued at approximately $4,861,559.77. This represents a 4.30% decrease in their ownership of the stock. 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. Insiders sold 25,403 shares of company stock valued at $15,428,736 over the last 90 days. Corporate insiders own 0.09% of the company’s stock.

Key Stories Impacting Mastercard

Investors following MA have been watching these stories:

• Positive Sentiment: Zacks Research raised its EPS estimates across multiple periods, including FY2027 to $22.98 from $22.34 and FY2028 to $26.45 from $25.74. The broad upward revisions suggest improving expectations for earnings growth. Mastercard analyst estimates
• Positive Sentiment: A partnership with Sage will bring Mastercard debit-card capabilities into accounting software for small businesses in France, potentially widening its reach in business payments. Mastercard valuation and Sage partnership
• Neutral Sentiment: Coverage also cites favorable analyst views of Mastercard, but the articles provide limited detail on new price targets or near-term earnings impact. With no major downside catalyst in the supplied reports, the recent news flow appears modestly supportive rather than a clear standalone driver of the shares.

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.