M3 Wealth Management LLC Purchases Shares of 1,923 Mastercard Incorporated $MA

M3 Wealth Management LLC purchased a new stake in Mastercard Incorporated (NYSE:MA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,923 shares of the credit services provider’s stock, valued at approximately $1,098,000.

A number of other institutional investors have also recently made changes to their positions in MA. Brighton Jones LLC grew its position in shares of Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after buying an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of Mastercard by 8.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after buying an additional 200 shares during the last quarter. Betterment LLC boosted its position in shares of Mastercard by 6.5% during the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock valued at $532,000 after purchasing an additional 58 shares in the last quarter. Worldquant Millennium Advisors LLC boosted its position in shares of Mastercard by 35.8% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock valued at $380,548,000 after purchasing an additional 178,387 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of Mastercard during the 2nd quarter valued at about $431,000. 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: Mastercard CEO Michael Miebach said consumer spending trends in the Middle East remain solid, which supports the view that cross-border and payments volume remain healthy. Mastercard CEO Michael Miebach: Overall spending trends in the Middle East remain solid
• Positive Sentiment: Mastercard CTO Ed McLaughlin highlighted the company’s focus on future payment infrastructure, reinforcing investor confidence in Mastercard’s innovation pipeline and long-term growth strategy. Mastercard CTO Ed McLaughlin on Firm’s Goal to ‘Set the Stage for the Future’
• Positive Sentiment: Coverage from multiple outlets argued that Mastercard remains a top long-term growth stock, with continued emphasis on its scale, profitability, and decades of strong stock performance. Why Mastercard (MA) is a top growth stock for the long term
• Positive Sentiment: News that Increase expanded push-to-card transfers for Mastercard and Visa cards underscores continued adoption of Mastercard-linked payment rails in instant payout and refund use cases. Increase Expands Instant Payment Solutions to Include Push-to-Card Transfers
• Neutral Sentiment: Several articles marked Mastercard’s 20-year IPO anniversary and its historical stock gains; these reinforce the company’s strong track record but do not change near-term fundamentals. NYSE Content Update: Mastercard Celebrates Two Decades as NYSE-Listed Company
• Neutral Sentiment: Other pieces compared Mastercard with Visa or highlighted its long-term share-price surge, which is supportive sentiment but not a direct catalyst for the stock today. Mastercard’s stock is up 11,000% since its IPO 20 years ago. What comes next?
• Negative Sentiment: Broader consumer-spending commentary around selective shopping and Memorial Day promotions could signal a more cautious backdrop for payment volumes if discount-driven spending softness persists. Memorial Day Sales Test the Selective Consumer

Mastercard Stock Down 0.9%

MA stock opened at $494.22 on Wednesday. The stock’s 50 day simple moving average is $501.62 and its 200 day simple moving average is $528.62. Mastercard Incorporated has a fifty-two week low of $480.50 and a fifty-two week high of $601.77. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $436.68 billion, a P/E ratio of 28.60, a price-to-earnings-growth ratio of 1.56 and a beta of 0.76.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the prior year, the business earned $3.73 EPS. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. On average, research analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Macquarie Infrastructure upped their target price on Mastercard from $660.00 to $675.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. The Goldman Sachs Group restated a “buy” rating and set a $739.00 target price on shares of Mastercard in a research report on Thursday, January 29th. Truist Financial cut their target price on Mastercard from $590.00 to $561.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Citigroup cut their target price on Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Loop Capital assumed coverage on Mastercard in a research report on Tuesday, March 31st. They set a “buy” rating and a $631.00 target price on the stock. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $656.04.

Mastercard Company Profile

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.