First Nebraska Trust Co acquired a new stake in Mastercard Incorporated (NYSE:MA – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,005 shares of the credit services provider’s stock, valued at approximately $2,209,000.
A number of other hedge funds also recently made changes to their positions in MA. Robinswood Financial LLC acquired a new position in shares of Mastercard during the 1st quarter worth approximately $25,000. Next Level Wealth Planning LLC bought a new stake in Mastercard in the 3rd quarter valued at $31,000. Allied Private Wealth LLC acquired a new stake in Mastercard during the 2nd quarter valued at $34,000. Premier Financial Group acquired a new stake in Mastercard during the 2nd quarter valued at $39,000. Finally, Roxbury Financial LLC lifted its holdings in Mastercard by 102.6% during the 2nd quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider’s stock valued at $40,000 after purchasing an additional 40 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.
Mastercard Stock Performance
Shares of NYSE:MA opened at $647.13 on Wednesday. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $661.34. The company’s 50 day moving average price is $589.30 and its two-hundred day moving average price is $537.28. The firm has a market cap of $566.89 billion, a PE ratio of 33.85, a PEG ratio of 1.86 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29.
Mastercard (NYSE:MA – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.17 by $0.14. The company had revenue of $9.81 billion during the quarter, compared to the consensus estimate of $9.66 billion. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the business earned $4.38 earnings per share. Equities research analysts predict that Mastercard Incorporated will post 19.99 earnings per share for the current year.
Mastercard Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be issued a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.5%. Mastercard’s payout ratio is currently 18.20%.
Insider Buying and Selling at Mastercard
In other news, Director Julius Genachowski sold 371 shares of the stock in a transaction on Friday, October 9th. The stock was sold at an average price of $585.01, for a total transaction of $217,038.71. Following the sale, the director directly owned 8,607 shares of the company’s stock, valued at approximately $5,035,181.07. This represents a 4.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,318 shares of the firm’s stock in a transaction on Friday, October 30th. The stock was sold at an average price of $642.43, for a total value of $2,774,012.74. Following the completion of the transaction, the chief financial officer owned 35,750 shares in the company, valued at $22,966,872.50. The trade was a 10.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 in the last three months. Corporate insiders own 0.09% of the company’s stock.
Analysts Set New Price Targets
MA has been the topic of several research reports. Bank of America upped their price objective on shares of Mastercard from $700.00 to $735.00 and gave the company a “buy” rating in a report on Friday, July 31st. President Capital raised their target price on shares of Mastercard from $693.00 to $729.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Barclays lifted their target price on shares of Mastercard from $660.00 to $700.00 and gave the stock an “overweight” rating in a report on Friday, October 30th. Wolfe Research upped their price target on shares of Mastercard from $680.00 to $740.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $701.00 price target (up from $674.00) on shares of Mastercard in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Mastercard currently has an average rating of “Moderate Buy” and a consensus price target of $702.91.
Key Stories Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard reported third-quarter revenue of $9.81 billion, up 14% year over year, and earnings per share of $5.31, exceeding analyst expectations. Management cited broad growth across its payments network and value-added services. Q3 results and growth drivers
- Positive Sentiment: Mastercard is expanding its agentic-commerce and cross-border payments efforts through partnerships with OpenAI and Tencent, including plans to deepen remittance ties and enable overseas wallets to pay at participating QR merchants in China. These initiatives could broaden payment volume and acceptance over time. OpenAI and Tencent partnerships Tencent payment and remittance plans
- Positive Sentiment: Several analysts raised their price targets after the earnings report, including UBS to $750 and Cantor Fitzgerald to $765, reflecting confidence in Mastercard’s growth outlook. Cantor Fitzgerald target increase
- Neutral Sentiment: Mastercard introduced free cybersecurity lessons for European small and midsize businesses. The program may strengthen customer relationships and resilience, though its direct financial impact is unclear. Cybersecurity lessons for SMEs
- Negative Sentiment: CFO Ling Hai sold roughly 8,635 shares across two transactions, reducing his stake by about 10.8%. The sales were made under a pre-arranged Rule 10b5-1 plan, which can temper concerns that they reflect a fresh view on the company. SEC filing on CFO share sales
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.
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