Guyasuta Investment Advisors Inc. decreased its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 0.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,630 shares of the credit services provider’s stock after selling 985 shares during the quarter. Mastercard makes up 4.8% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 4th biggest position. Guyasuta Investment Advisors Inc.’s holdings in Mastercard were worth $81,965,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp raised its position in shares of Mastercard by 1.3% in the second quarter. State Street Corp now owns 36,964,305 shares of the credit services provider’s stock valued at $18,984,867,000 after purchasing an additional 486,283 shares during the period. Jennison Associates LLC lifted its stake in shares of Mastercard by 10.4% during the 1st quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider’s stock worth $2,559,779,000 after buying an additional 480,725 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Mastercard by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider’s stock worth $2,111,216,000 after buying an additional 42,871 shares during the period. Amundi boosted its holdings in shares of Mastercard by 5.8% during the 2nd quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock worth $1,862,527,000 after buying an additional 199,424 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Mastercard by 17.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock worth $1,831,763,000 after buying an additional 554,366 shares during the period. 97.28% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on MA. Bank of America upped their price target on shares of Mastercard from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Piper Sandler raised their price objective on shares of Mastercard from $597.00 to $710.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Weiss Ratings upgraded Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 2nd. Loop Capital upped their target price on Mastercard from $631.00 to $647.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Keefe, Bruyette & Woods upped their target price on Mastercard from $665.00 to $685.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $682.66.
View Our Latest Research Report on MA
Mastercard Stock Up 2.2%
MA opened at $616.36 on Friday. The stock has a fifty day moving average of $574.89 and a 200-day moving average of $534.41. The company has a market capitalization of $539.93 billion, a P/E ratio of 32.12, a P/E/G ratio of 1.72 and a beta of 0.76. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $619.80. 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 – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. During the same period last year, the firm earned $4.15 earnings per share. Mastercard’s revenue for the quarter was up 14.1% compared to the same quarter last year. On average, equities analysts expect that Mastercard Incorporated will post 19.90 EPS 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 given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio is presently 19.14%.
Key Headlines Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard and BVNK launched the Global Money Platform, a single-API infrastructure service enabling banks, fintechs and businesses to hold, convert and spend traditional currencies and stablecoins. The product is the first major integration since Mastercard acquired BVNK for $1.8 billion and could expand Mastercard’s role in cross-border payments, digital assets and enterprise settlement. Mastercard and BVNK launch Global Money Platform
- Positive Sentiment: Technical coverage said MA moved into a buy zone after extending its longest winning streak since 2023 and passing a key buy point. Momentum-focused investors may view the move toward record highs as confirmation of a potential longer-term breakout. Mastercard technical momentum analysis
- Positive Sentiment: Analyst coverage remains broadly bullish, with Mastercard receiving a consensus “Moderate Buy” rating and a target price above its recent trading level. Recent quarterly results also exceeded earnings and revenue expectations, supporting confidence in the company’s growth outlook. Wall Street views on Mastercard
- Neutral Sentiment: Director Julius Genachowski sold Mastercard shares under a pre-arranged Rule 10b5-1 trading plan. The transaction modestly reduced his holdings but is less significant as a discretionary bearish signal because it was scheduled in advance. Mastercard director stock sale
Insider Buying and Selling at Mastercard
In other news, CEO Michael Miebach sold 16,628 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $567.68, for a total transaction of $9,439,383.04. Following the transaction, the chief executive officer directly owned 115,921 shares of the company’s stock, valued at approximately $65,806,033.28. This trade represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 that occurred on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the completion of the sale, the insider owned 31,179 shares of the company’s stock, valued at approximately $17,781,695.49. The trade was 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 sold a total of 68,359 shares of company stock valued at $39,290,046 over the last ninety days. Company insiders own 0.09% of the company’s stock.
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 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.
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