2,909 Mastercard Incorporated $MA Shares Purchased by Toth Financial Advisory Corp

Toth Financial Advisory Corp increased its position in Mastercard Incorporated (NYSE:MA) by 10.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,655 shares of the credit services provider’s stock after purchasing an additional 2,909 shares during the quarter. Mastercard makes up about 1.7% of Toth Financial Advisory Corp’s investment portfolio, making the stock its 11th largest holding. Toth Financial Advisory Corp’s holdings in Mastercard were worth $16,905,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Whalen Wealth Management Inc. grew its position in shares of Mastercard by 38.2% in the 3rd quarter. Whalen Wealth Management Inc. now owns 4,793 shares of the credit services provider’s stock worth $2,643,000 after buying an additional 1,324 shares during the period. Applied Capital LLC FL increased its position in shares of Mastercard by 0.4% during the third quarter. Applied Capital LLC FL now owns 5,973 shares of the credit services provider’s stock valued at $3,294,000 after acquiring an additional 25 shares in the last quarter. Elevation Wealth Partners LLC raised its stake in shares of Mastercard by 16.1% in the third quarter. Elevation Wealth Partners LLC now owns 360 shares of the credit services provider’s stock worth $199,000 after purchasing an additional 50 shares during the last quarter. Cooper Financial Group raised its position in Mastercard by 16.2% in the 3rd quarter. Cooper Financial Group now owns 5,325 shares of the credit services provider’s stock worth $2,937,000 after buying an additional 743 shares during the last quarter. Finally, Canandaigua National Trust Co of Florida purchased a new position in shares of Mastercard during the third quarter valued at approximately $449,000. 97.28% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Sachin Mehra sold 7,444 shares of Mastercard stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the transaction, the insider directly owned 40,916 shares of the company’s stock, valued at $23,613,851.08. This trade represents a 15.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction 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 transaction, the insider owned 31,179 shares in the company, valued at $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. Over the last ninety days, insiders have sold 67,618 shares of company stock worth $38,854,630. Corporate insiders own 0.09% of the company’s stock.

Mastercard Trading Up 1.4%

Mastercard stock traded up $8.15 during trading hours on Thursday, hitting $578.21. The company had a trading volume of 1,113,476 shares, compared to its average volume of 3,509,525. The firm has a market cap of $506.51 billion, a P/E ratio of 31.83, a P/E/G ratio of 1.62 and a beta of 0.76. The company has a 50-day moving average price of $572.03 and a two-hundred day moving average price of $530.19. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.23. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share 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 during the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter in the previous year, the firm posted $4.15 earnings per share. The company’s revenue was up 14.1% on a year-over-year basis. On average, sell-side analysts anticipate that Mastercard Incorporated will post 19.9 earnings per share for the current year.

Mastercard Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MA. Clear Str raised Mastercard to a “strong-buy” rating in a report on Thursday, July 16th. KeyCorp lifted their target price on shares of Mastercard from $670.00 to $680.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Truist Financial upped their price target on Mastercard from $554.00 to $633.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group reissued a “buy” rating and set a $701.00 price objective (up from $674.00) on shares of Mastercard in a report on Thursday, July 30th. Finally, Robert W. Baird cut their target price on shares of Mastercard from $680.00 to $660.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Two equities research 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $680.00.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Stablecoin settlement expansion: SoFi is launching stablecoin card settlement on Mastercard and projects more than $25 billion in annual transaction volume. Separately, institutional stablecoin settlement rails are rapidly expanding, highlighting a potential new growth channel for Mastercard’s payments infrastructure. SoFi launches stablecoin card settlement on Mastercard Institutional Stablecoin Settlement Expansion
• Positive Sentiment: New payment use cases: Mastercard is working with Tamatem to power gaming web stores in the UAE and Saudi Arabia, while an expanded partnership with stc pay Bahrain targets digital-payment growth among small businesses. These initiatives could increase transaction volumes in underpenetrated markets. Mastercard and Tamatem Gaming Payments Mastercard and stc pay Bahrain Partnership
• Positive Sentiment: Resilience and innovation: Mastercard is introducing offline payment capabilities across Europe to keep transactions operating during power or network outages and is exploring consumer trust in AI-agent purchases. Both efforts support Mastercard’s role in future payment infrastructure. Mastercard Offline Payments in Europe Mastercard AI-Agent Payments
• Positive Sentiment: Analyst support: Autonomous Research maintained an Outperform rating and a $686 price target, signaling continued confidence in Mastercard’s earnings and growth outlook. Autonomous Research Mastercard Price Target
• Neutral Sentiment: Mastercard is expanding its Dublin operations with a second office, supporting long-term hiring and regional infrastructure but adding costs before any revenue benefit is clear. Mastercard Dublin Office Expansion
• Negative Sentiment: Investors are discussing strategies to profit from potential Mastercard weakness ahead of earnings, underscoring concerns about valuation, expectations and short-term volatility. Mastercard Earnings Options Strategy

Mastercard Company 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 the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices.

Mastercard’s products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools.