TD Asset Management Inc Sells 32,163 Shares of Mastercard Incorporated $MA

TD Asset Management Inc reduced its stake in Mastercard Incorporated (NYSE:MA) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 852,349 shares of the credit services provider’s stock after selling 32,163 shares during the period. TD Asset Management Inc’s holdings in Mastercard were worth $486,589,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Riggs Asset Managment Co. Inc. grew its holdings in Mastercard by 20.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after purchasing an additional 18 shares during the period. Tacita Capital Inc grew its holdings in Mastercard by 50.0% in the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 19 shares during the period. Affinity Capital Advisors LLC grew its holdings in Mastercard by 0.7% in the fourth quarter. Affinity Capital Advisors LLC now owns 2,939 shares of the credit services provider’s stock worth $1,678,000 after purchasing an additional 19 shares during the period. Abacus Planning Group Inc. grew its holdings in Mastercard by 3.3% in the fourth quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock worth $337,000 after purchasing an additional 19 shares during the period. Finally, Thomasville National Bank grew its holdings in Mastercard by 4.1% in the fourth quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock worth $273,000 after purchasing an additional 19 shares during the period. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is expanding settlement capabilities to include stablecoin, intraday, weekend, and holiday options, a move that could improve payment efficiency and strengthen its role in digital asset infrastructure. Mastercard Prepares to Expand Network Capabilities for New Settlement Choices
• Positive Sentiment: Reports that Mastercard is backing a new stablecoin platform, alongside Stripe and Visa, suggest growing adoption of blockchain-based payments and possible new revenue opportunities. Mastercard and Visa Back Stealth Stablecoin Platform
• Positive Sentiment: Loop Capital reaffirmed its Buy rating and set a $631 price target, signaling confidence that Mastercard can continue to outperform from current levels. Benzinga coverage of Loop Capital rating
• Positive Sentiment: Mastercard is also being highlighted for testing instant cross-currency payments and broader cross-border settlement tools, which could support international transaction volume and deepen relationships with banks and merchants. Mastercard tests instant cross-currency payments on TIPS platform
• Neutral Sentiment: Mastercard named Ling Hai as its next CFO and moved Sachin Mehra into a new chief business officer role. The changes appear aimed at sharpening execution, but they also add some near-term uncertainty around leadership transition. Mastercard names Ling Hai CFO, moves Sachin Mehra to new role
• Neutral Sentiment: Mastercard’s presentation at the Evercore Global TMT Conference and commentary on Gen Z spending behavior were largely informational, offering no immediate catalyst but reinforcing the company’s longer-term consumer and network strategy. Mastercard Incorporated (MA) Presents at 2026 Evercore Global TMT Conference Transcript
• Negative Sentiment: A report that U.S. sanctions are interrupting Visa and Mastercard payments in Cuba is a reminder that geopolitical and regulatory issues can still disrupt network usage in certain markets. US sanctions interrupt Visa, Mastercard payments in Cuba

Mastercard Trading Down 1.1%

NYSE:MA opened at $472.62 on Thursday. The company’s 50 day moving average price is $500.38 and its 200-day moving average price is $525.79. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The stock has a market cap of $417.60 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 1.49 and a beta of 0.74.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.26 billion. During the same quarter in the prior year, the company posted $3.73 earnings per share. The business’s revenue for the quarter was up 15.8% on a year-over-year basis. On average, equities research analysts forecast that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MA. BNP Paribas Exane upgraded shares of Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price objective on the stock in a report on Thursday, March 19th. Loop Capital restated a “buy” rating and issued a $631.00 price objective on shares of Mastercard in a report on Wednesday. Morgan Stanley restated an “overweight” rating and issued a $679.00 price objective on shares of Mastercard in a report on Friday, May 1st. Weiss Ratings cut shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, Dbs Bank upgraded shares of Mastercard to a “moderate buy” rating in a report on Friday, March 27th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $656.04.

Mastercard Company Profile

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.