Greg Jennings LLC Purchases New Shares in Mastercard Incorporated $MA

Greg Jennings LLC purchased a new position in shares of Mastercard Incorporated (NYSE:MA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 15,839 shares of the credit services provider’s stock, valued at approximately $8,735,000. Mastercard comprises approximately 5.9% of Greg Jennings LLC’s portfolio, making the stock its 4th biggest holding.

A number of other hedge funds have also recently modified their holdings of MA. Abel Hall LLC increased its stake in shares of Mastercard by 55.7% in the 3rd quarter. Abel Hall LLC now owns 2,183 shares of the credit services provider’s stock worth $1,204,000 after purchasing an additional 781 shares in the last quarter. Prairie Advisory LLC raised its holdings in Mastercard by 100.3% in the 3rd quarter. Prairie Advisory LLC now owns 1,162 shares of the credit services provider’s stock worth $640,000 after purchasing an additional 582 shares during the period. LongView Wealth Management bought a new position in Mastercard in the 3rd quarter worth $211,000. Jackson Square Capital LLC lifted its position in Mastercard by 12.5% during the third quarter. Jackson Square Capital LLC now owns 4,061 shares of the credit services provider’s stock valued at $2,240,000 after purchasing an additional 450 shares in the last quarter. Finally, Grant Private Wealth Management Inc lifted its position in Mastercard by 89.1% during the third quarter. Grant Private Wealth Management Inc now owns 2,468 shares of the credit services provider’s stock valued at $1,361,000 after purchasing an additional 1,163 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.

Wall Street Analyst Weigh In

MA has been the subject of several recent research reports. Bank of America boosted their price target on Mastercard from $700.00 to $735.00 and gave the company a “buy” rating in a report on Friday, July 31st. TD Cowen raised their price objective on Mastercard from $664.00 to $667.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. UBS Group raised their price objective on Mastercard from $640.00 to $670.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Evercore lifted their price objective on Mastercard from $550.00 to $620.00 in a research report on Friday, July 31st. Finally, BNP Paribas Exane boosted 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 analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $682.66.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: AI-driven payment security: Mastercard introduced an AI-powered Agent Detection Score that estimates whether a transaction was initiated by an autonomous software agent or a human. The tool could help Mastercard manage fraud and trust risks as agentic commerce develops, supporting its role in next-generation payments. Mastercard Unveiled an AI Agent Detection Score
• Positive Sentiment: Stablecoin and digital-asset expansion: Mastercard is extending stablecoin-linked payment capabilities to approximately 130 countries through its Global Money Platform. Rising stablecoin transaction volumes and Mastercard’s efforts to connect crypto-based funds with traditional payment rails could create new transaction and cross-border revenue opportunities. Mastercard Just Wired Stablecoin Cards Into 130 Countries
• Positive Sentiment: International growth initiatives: Mastercard announced partnerships with Moovn in East Africa and BankIslami in Pakistan to broaden digital payments. It also partnered with Powertranz to simplify restaurant payments, potentially increasing acceptance and transaction volume in targeted markets. Mastercard and Moovn Join Forces
• Positive Sentiment: Potential China market access: U.S. officials are pressing China over independent market access for Mastercard’s payments network. Progress could unlock a significant long-term growth opportunity, although the outcome remains uncertain. U.S. Officials Press China on Market Access
• Neutral Sentiment: Mastercard trades at a premium valuation, with a price-to-earnings ratio above 33, and is approaching its 52-week high ahead of quarterly earnings. Strong expectations may support the stock, but also leave it sensitive to any earnings or guidance disappointment. Mastercard Stock Hits Record High Ahead of Q3 Earnings
• Negative Sentiment: Chief Financial Officer Ling Hai sold 4,317 shares worth approximately $2.68 million, reducing the position by 10.77%. The transaction was made under a pre-arranged Rule 10b5-1 plan, which limits its usefulness as a signal of negative insider conviction, but it may still weigh modestly on sentiment. Mastercard CFO Form 4 Filing

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 stock was sold at an average price of $590.21, for a total value of $218,377.70. Following the transaction, the director directly owned 8,237 shares of the company’s stock, valued at approximately $4,861,559.77. The trade was a 4.30% decrease in their position. The transaction was disclosed in a document filed 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, CEO Michael Miebach sold 15,372 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the transaction, the chief executive officer owned 93,693 shares of the company’s stock, valued at $53,873,475. The trade was a 14.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 72,676 shares of company stock valued at $41,966,586 in the last three months. 0.09% of the stock is currently owned by insiders.

Mastercard Price Performance

Mastercard stock traded down $0.77 during mid-day trading on Monday, hitting $616.65. The stock had a trading volume of 2,961,886 shares, compared to its average volume of 3,512,929. The firm has a market capitalization of $540.20 billion, a P/E ratio of 33.92, a P/E/G ratio of 1.76 and a beta of 0.76. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. The firm’s 50 day moving average is $575.99 and its 200 day moving average is $535.29. Mastercard Incorporated has a one year low of $464.52 and a one year high of $622.49.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. The business had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. Mastercard’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.15 EPS. On average, sell-side analysts forecast that Mastercard Incorporated will post 19.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. Mastercard’s dividend payout ratio is 19.14%.

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.