Live Oak Private Wealth LLC reduced its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 9.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,775 shares of the credit services provider’s stock after selling 1,841 shares during the period. Mastercard comprises about 1.1% of Live Oak Private Wealth LLC’s investment portfolio, making the stock its 27th biggest position. Live Oak Private Wealth LLC’s holdings in Mastercard were worth $9,129,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. lifted its stake in Mastercard by 20.0% during 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. Thomasville National Bank grew its stake in shares of Mastercard by 4.1% in the 4th quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock valued at $273,000 after purchasing an additional 19 shares during the period. Castle Rock Wealth Management LLC grew its stake in shares of Mastercard by 2.8% in the 4th quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock valued at $387,000 after purchasing an additional 19 shares during the period. Resurgent Financial Advisors LLC raised its holdings in shares of Mastercard by 1.2% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 1,597 shares of the credit services provider’s stock worth $908,000 after buying an additional 19 shares in the last quarter. Finally, Silicon Valley Capital Partners raised its holdings in shares of Mastercard by 1.1% in the 3rd quarter. Silicon Valley Capital Partners now owns 1,717 shares of the credit services provider’s stock worth $977,000 after buying an additional 19 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently commented on MA shares. Cantor Fitzgerald boosted their price target on Mastercard from $650.00 to $695.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Royal Bank Of Canada increased their price objective on Mastercard from $629.00 to $642.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Robert W. Baird lifted their price objective on Mastercard from $660.00 to $680.00 and gave the company an “outperform” rating in a report on Tuesday, July 7th. Clear Str upgraded shares of Mastercard to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Susquehanna lowered their target price on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a report on Friday, May 1st. Five analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Mastercard has an average rating of “Buy” and an average price target of $661.93.
Mastercard Stock Down 0.3%
NYSE MA opened at $559.91 on Thursday. The stock’s 50 day simple moving average is $527.09 and its 200 day simple moving average is $515.88. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77. The firm has a market cap of $490.49 billion, a PE ratio of 30.80, a price-to-earnings-growth ratio of 1.69 and a beta of 0.72. 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 issued its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.77 by $0.27. The firm had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.15 EPS. As a group, sell-side analysts forecast that Mastercard Incorporated will post 19.82 earnings per share for the current fiscal year.
Mastercard Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Thursday, July 9th were issued a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 9th. Mastercard’s payout ratio is currently 19.14%.
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard’s cybersecurity, authentication and customer-engagement services reportedly grew 20%, roughly twice the pace of its traditional payment-network revenue. The faster-growing services business supports revenue diversification and long-term margin potential. Mastercard Stock Rises as Services Revenue Jumps 20%
- Positive Sentiment: Mastercard and Borderless.xyz launched a pilot for cross-border stablecoin payments using Mastercard Crypto Credential standards. The initiative could position MA to benefit from regulated blockchain-based international transfers. Mastercard Starts A Cross Border Stablecoin Payments Pilot
- Positive Sentiment: Erste Group raised its Mastercard 2026 EPS forecast to $19.92 from $19.66 and its 2027 forecast to $23.03 from $22.85. Higher estimates reinforce expectations for continued earnings growth and exceed or approximate current consensus expectations. Mastercard earnings estimate reports
- Positive Sentiment: Mastercard launched an all-in-one payment card with Botim in the UAE, expanding its regional payments footprint and potential transaction volume. Botim, Mastercard launch all-in-one payment card in UAE
- Neutral Sentiment: Mastercard appointed Yasemin Bedir as president for Eastern Europe, the Middle East and Africa. The leadership change may support regional execution, but its near-term financial impact is unclear. Mastercard announces new lead for EEMEA region
- Neutral Sentiment: Analyst comparisons with Visa and Evertec focus on relative valuation and investment appeal rather than new company-specific results. MA’s premium valuation may limit upside unless its stronger growth is sustained. EVTC or MA: Which Is the Better Value Stock Right Now?
- Negative Sentiment: A Mastercard lawsuit in the United Kingdom could result in millions of consumers receiving approximately £70 each. Potential damages and litigation costs create a legal overhang, although the ultimate liability remains uncertain. Millions of consumers could get £70 each after Mastercard lawsuit
- Neutral Sentiment: Citi increased the annual fee on its AAdvantage Executive Mastercard to $695. The change affects cardholders and Citi’s product economics more directly than Mastercard’s network-level earnings. Citi AAdvantage Executive Mastercard Increases Annual Fee
Insider Buying and Selling at Mastercard
In other Mastercard news, insider Linda Pistecchia Kirkpatrick sold 4,280 shares of the stock in a transaction dated 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 sale, the insider owned 31,179 shares of the company’s stock, valued at $17,781,695.49. This represents a 12.07% decrease in their position. The sale was disclosed in a legal filing 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 J. Mehra Sachin sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $571.87, for a total transaction of $1,715,610.00. Following the completion of the sale, the insider owned 40,916 shares of the company’s stock, valued at $23,398,632.92. The trade was a 6.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 62,913 shares of company stock worth $35,769,036 over the last quarter. Corporate insiders own 0.09% of the company’s stock.
About Mastercard
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.
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