Gateway Wealth Partners LLC Purchases New Holdings in Mastercard Incorporated $MA

Gateway Wealth Partners LLC purchased a new position in shares of Mastercard Incorporated (NYSE:MAFree Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,300 shares of the credit services provider’s stock, valued at approximately $2,149,000.

Other institutional investors have also recently bought and sold shares of the company. Riggs Asset Managment Co. Inc. raised its stake in shares of Mastercard by 20.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after purchasing an additional 18 shares during the period. Abacus Planning Group Inc. grew its position in Mastercard by 3.3% during the fourth quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock valued at $337,000 after buying an additional 19 shares during the period. Thomasville National Bank grew its position in Mastercard by 4.1% during the fourth quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock valued at $273,000 after buying an additional 19 shares during the period. Castle Rock Wealth Management LLC increased its holdings in Mastercard by 2.8% during the fourth quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock worth $387,000 after buying an additional 19 shares during the last quarter. Finally, Resurgent Financial Advisors LLC raised its position in Mastercard by 1.2% in the third quarter. Resurgent Financial Advisors LLC now owns 1,597 shares of the credit services provider’s stock worth $908,000 after acquiring an additional 19 shares during the period. Institutional investors own 97.28% of the company’s stock.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

  • Positive Sentiment: Scam-prevention initiatives could support growth and trust. Mastercard is strengthening its defenses against scams, a move that may improve consumer confidence, reinforce relationships with financial institutions and support the value of its payment network. Mastercard bolsters scam defense
  • Positive Sentiment: Potential Vocalink sale is drawing investor attention. A possible sale of Vocalink could allow Mastercard to monetize an asset and sharpen its strategic focus, although the financial impact will depend on transaction terms and execution. The company’s recent earnings momentum is another supportive factor for shareholders. Potential Vocalink Sale and Earnings Momentum
  • Positive Sentiment: Expectations remain constructive ahead of earnings. Analysts’ estimates for Mastercard’s June 2026 quarter and key operating metrics are being closely monitored. The upcoming report is expected to provide insight into payment volumes, cross-border activity and consumer spending. Mastercard Q2 earnings estimates
  • Neutral Sentiment: Visa and Mastercard earnings will offer an industry read-through. Investors are watching both companies’ results for evidence of the health of consumer spending and cross-border transactions, which could create volatility for MA depending on the reported trends. Visa and Mastercard earnings estimates
  • Neutral Sentiment: Mastercard launched a U.S.-dollar corporate debit card with Egypt’s National Bank, expanding its commercial-payments presence in the region. Egypt corporate debit card launch
  • Negative Sentiment: Truist issued a pessimistic forecast for MA shares. The bearish outlook presents a counterweight to the positive earnings expectations and could limit upside if Mastercard’s results or guidance disappoint. Truist forecast for Mastercard

Mastercard Stock Up 2.2%

MA opened at $551.51 on Tuesday. The company has a 50 day moving average of $509.21 and a 200 day moving average of $514.44. The company has a market cap of $487.31 billion, a PE ratio of 31.92, a price-to-earnings-growth ratio of 1.69 and a beta of 0.73. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $601.77. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MAGet Free Report) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The business had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.26 billion. During the same quarter in the previous year, the firm posted $3.73 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, sell-side analysts expect that Mastercard Incorporated will post 19.62 EPS for the current year.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard’s dividend payout ratio is 20.14%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MA. BMO Capital Markets began coverage on shares of Mastercard in a research report on Tuesday, April 21st. They set an “outperform” rating and a $605.00 target price for the company. Citigroup decreased their target price on Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Barclays began coverage on Mastercard in a research note on Wednesday, July 8th. They issued an “overweight” rating and a $640.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Mastercard in a research report on Tuesday, July 21st. Finally, Piper Sandler assumed coverage on Mastercard in a research note on Monday, June 29th. They set an “overweight” rating and a $597.00 price target for the company. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Mastercard currently has an average rating of “Buy” and an average target price of $653.65.

Get Our Latest Report on Mastercard

Insider Transactions at Mastercard

In other Mastercard news, insider Raj Seshadri sold 1,977 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total value of $1,047,276.21. Following the completion of the transaction, the insider owned 16,429 shares in the company, valued at $8,702,934.17. This trade represents a 10.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandra A. Arkell sold 200 shares of Mastercard stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $540.00, for a total value of $108,000.00. Following the transaction, the insider directly owned 3,322 shares of the company’s stock, valued at $1,793,880. The trade was a 5.68% 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. Insiders have sold a total of 7,005 shares of company stock worth $3,689,976 in the last three months. 0.09% of the stock is currently owned by insiders.

Mastercard Profile

(Free Report)

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

Further Reading

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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