Mastercard Incorporated $MA Stock Sold by Obermeyer Wealth Partners

Obermeyer Wealth Partners lessened its stake in shares of Mastercard Incorporated (NYSE:MA) by 1.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 114,662 shares of the credit services provider’s stock after selling 2,258 shares during the period. Mastercard makes up about 2.5% of Obermeyer Wealth Partners’ holdings, making the stock its 16th largest holding. Obermeyer Wealth Partners’ holdings in Mastercard were worth $63,233,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Robinswood Financial LLC acquired a new stake in Mastercard in the 1st quarter worth approximately $25,000. First Pacific Financial grew its holdings in Mastercard by 113.8% during the first quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 33 shares during the last quarter. Allied Private Wealth LLC bought a new position in shares of Mastercard in the second quarter valued at approximately $34,000. Premier Financial Group bought a new position in shares of Mastercard in the second quarter valued at approximately $39,000. Finally, Roxbury Financial LLC lifted its stake in shares of Mastercard by 102.6% in the second quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider’s stock worth $40,000 after buying an additional 40 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Up 0.3%

Shares of MA stock opened at $622.28 on Thursday. Mastercard Incorporated has a one year low of $464.52 and a one year high of $624.66. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a fifty day moving average price of $579.52 and a 200 day moving average price of $537.92. The stock has a market cap of $545.13 billion, a P/E ratio of 34.23, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The firm had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. During the same quarter in the previous year, the firm posted $4.15 EPS. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. Analysts predict that Mastercard Incorporated will post 19.91 earnings per share for the current year.

Mastercard Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Evercore upped their price objective on shares of Mastercard from $550.00 to $620.00 in a report on Friday, July 31st. Barclays raised their target price on shares of Mastercard from $640.00 to $660.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a “buy” rating and issued a $701.00 target price (up from $674.00) on shares of Mastercard in a report on Thursday, July 30th. JPMorgan Chase & Co. boosted their target price on shares of Mastercard from $655.00 to $720.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, BMO Capital Markets restated an “outperform” rating and set a $665.00 price target on shares of Mastercard in a report on Thursday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty 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 data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $682.66.

Insiders Place Their Bets

In other Mastercard news, CEO Michael Miebach sold 15,372 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $575.00, for a total transaction of $8,838,900.00. Following the completion of the transaction, the chief executive officer owned 93,693 shares in the company, valued at $53,873,475. This trade represents a 14.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total value of $2,440,926.80. Following the completion of the sale, the insider owned 31,179 shares in the company, valued at approximately $17,781,695.49. This represents a 12.07% 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 have sold a total of 72,676 shares of company stock valued at $41,966,586 over the last 90 days. Company insiders own 0.09% of the company’s stock.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard launched its Global Money Platform with BVNK, enabling businesses to hold, convert and spend stablecoins alongside traditional currencies. The platform could create additional cross-border payment volume and strengthen Mastercard’s position as digital assets become integrated with mainstream commerce. Mastercard BVNK stablecoin platform
• Positive Sentiment: The company introduced Stablecoin Security, an API that screens transactions for fraud, scams and sanctions exposure before funds move on-chain. The product may reduce banks’ compliance concerns and provide Mastercard with a new risk-management revenue stream while supporting broader stablecoin adoption. Mastercard stablecoin security
• Positive Sentiment: Mastercard is opening developer APIs and demonstrating agent-pay capabilities that allow AI software to make multiple merchant payments within an approved budget. The initiative positions the network to capture emerging autonomous-commerce transactions and builds on the company’s data and AI capabilities. Mastercard AI agent payments
• Neutral Sentiment: Analysts and financial commentators view Mastercard as a high-quality compounder that may still be reasonably valued: shares trade at about 33.4 times earnings versus a recent 12-quarter average of 34.8 times. However, comparative value coverage of Corpay and Mastercard suggests investors are weighing MA’s stronger growth and margins against its higher valuation. Is the market underpricing Mastercard
• Negative Sentiment: Mastercard’s CFO Ling Hai sold 4,317 shares worth approximately $2.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction limits its significance, but it remains a modest negative sentiment factor while the stock trades near record levels.
• Negative Sentiment: With MA valued at roughly 33 times earnings and near its 52-week high, expectations remain elevated. Investors will likely require continued strong execution after the latest quarter’s 14.1% revenue growth and earnings beat to justify further multiple expansion.

Mastercard Profile

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.