Jackson Wealth Management LLC Cuts Stake in Mastercard Incorporated $MA

Posted by Paula Ricardo on Sep 1st, 2026

Jackson Wealth Management LLC cut its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 90.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,043 shares of the credit services provider’s stock after selling 28,554 shares during the quarter. Mastercard accounts for approximately 0.9% of Jackson Wealth Management LLC’s holdings, making the stock its 21st biggest holding. Jackson Wealth Management LLC’s holdings in Mastercard were worth $1,563,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. J. Stern & Co. LLP raised its position in Mastercard by 53,535.0% in the 4th quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock worth $41,444,231,000 after purchasing an additional 72,461,743 shares during the period. Norges Bank purchased a new stake in Mastercard during the fourth quarter valued at about $6,705,708,000. Cardano Risk Management B.V. grew its stake in shares of Mastercard by 861.6% during the fourth quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider’s stock valued at $2,324,743,000 after buying an additional 3,648,748 shares during the last quarter. Fundsmith LLP bought a new position in shares of Mastercard during the second quarter valued at about $639,458,000. Finally, Corient Private Wealth LP increased its holdings in shares of Mastercard by 147.2% in the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider’s stock worth $863,969,000 after buying an additional 1,001,671 shares during the period. 97.28% of the stock is currently owned by institutional investors.

Mastercard Price Performance

MA stock opened at $589.32 on Tuesday. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.62. The company has a market cap of $516.25 billion, a P/E ratio of 32.42, a PEG ratio of 1.79 and a beta of 0.71. The firm has a 50-day moving average of $551.25 and a 200 day moving average of $519.86. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06.

Mastercard (NYSE:MA – Get Free Report) last posted its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter in the prior year, the business earned $4.15 EPS. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. On average, sell-side analysts forecast that Mastercard Incorporated will post 19.86 EPS for the current year.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Thursday, July 9th were given a dividend of $0.87 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is currently 19.14%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MA. Morgan Stanley boosted their target price on Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Loop Capital reaffirmed a “buy” rating and issued a $631.00 price target on shares of Mastercard in a research note on Wednesday, June 3rd. Piper Sandler started coverage on Mastercard in a research report on Monday, June 29th. They issued an “overweight” rating and a $597.00 price objective for the company. Cantor Fitzgerald raised their target price on shares of Mastercard from $650.00 to $695.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $701.00 target price on shares of Mastercard in a research note on Thursday, July 30th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $666.64.

Check Out Our Latest Stock Report on Mastercard

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

Positive Sentiment: AI-powered payments: Mastercard joined Visa, Fiserv and other companies in forming the Agentic Payments Alliance, which aims to establish standards for payments initiated by artificial-intelligence agents. Common rules could help Mastercard capture emerging transaction volume while reducing fragmentation and security concerns. Visa, Mastercard, and Fiserv Just Joined a Group Writing the Rules for AI Agent Payments
Positive Sentiment: International expansion: Visa and Mastercard are working to simplify international money transfers, while Mastercard has reportedly processed the first global card payments in Syria. Broader cross-border payment capabilities and entry into a newly reopened market could support long-term transaction growth, although the immediate financial contribution is likely modest. Visa and Mastercard Want to Simplify International Money Transfers Visa, Mastercard process first global payments in Syria
Positive Sentiment: Analyst and investor support: Erste Group Bank raised its fiscal 2026 EPS forecast for Mastercard. Separately, one market commentary described MA as being near the lower end of its buy zone, suggesting bullish investors may consider a bull call spread. These reports reinforce the view that analysts remain constructive. Mastercard FY2026 EPS Forecast Boosted by Erste Group Bank Investors Can Tap This Spread On Mastercard; Stock In Buy Zone
Positive Sentiment: Mastercard Lighthouse UAE selected six AI startups, potentially expanding the company’s pipeline of artificial-intelligence payment and commerce partnerships. Mastercard Lighthouse UAE Picks Six AI Startups
Neutral Sentiment: A comparison with Evertec focuses on which financial-transaction-services stock offers better value. The coverage does not signal a fundamental change at Mastercard, but it highlights that MA’s roughly 32 price-to-earnings ratio leaves valuation important for investors. EVTC vs. MA: Which Stock Is the Better Value Option?
Negative Sentiment: Mastercard has lagged the S&P 500 over the past year, raising concerns about relative performance despite bullish analyst expectations. With the stock near its 52-week high, investors may also demand continued earnings growth to justify its premium valuation. Is Mastercard Incorporated Stock Underperforming the S&P 500?

Insider Buying and Selling at Mastercard

In other news, insider Sandra A. Arkell sold 200 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $540.00, for a total transaction of $108,000.00. Following the sale, the insider owned 3,322 shares in the company, valued at approximately $1,793,880. The trade was a 5.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider J. Mehra Sachin sold 7,444 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the completion of the transaction, the insider owned 40,916 shares of the company’s stock, valued at approximately $23,613,851.08. The trade was a 15.39% 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. In the last three months, insiders have sold 71,357 shares of company stock valued at $40,637,262. Company insiders own 0.09% of the company’s stock.

Mastercard Company 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.