Mastercard Incorporated $MA Stock Position Reduced by Convergence Financial LLC

Convergence Financial LLC cut its holdings in Mastercard Incorporated (NYSE:MA) by 51.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 957 shares of the credit services provider’s stock after selling 1,023 shares during the quarter. Convergence Financial LLC’s holdings in Mastercard were worth $528,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. WestEnd Advisors LLC lifted its stake in shares of Mastercard by 3.7% during the third quarter. WestEnd Advisors LLC now owns 73,127 shares of the credit services provider’s stock worth $40,329,000 after buying an additional 2,620 shares during the period. Victory Financial Group LLC grew its holdings in shares of Mastercard by 30.2% during the third quarter. Victory Financial Group LLC now owns 1,409 shares of the credit services provider’s stock valued at $777,000 after buying an additional 327 shares during the last quarter. Willow Creek Wealth Management Inc. increased its position in shares of Mastercard by 1.6% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 1,261 shares of the credit services provider’s stock valued at $695,000 after acquiring an additional 20 shares during the period. Great Lakes Retirement Inc. increased its position in shares of Mastercard by 3.1% in the 3rd quarter. Great Lakes Retirement Inc. now owns 6,593 shares of the credit services provider’s stock valued at $3,636,000 after acquiring an additional 196 shares during the period. Finally, IMG Wealth Management Inc. increased its position in shares of Mastercard by 58.7% in the 3rd quarter. IMG Wealth Management Inc. now owns 73 shares of the credit services provider’s stock valued at $40,000 after acquiring an additional 27 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Trading Up 4.3%

NYSE MA opened at $636.52 on Friday. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $641.57. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $557.60 billion, a PE ratio of 32.50, a P/E/G ratio of 1.74 and a beta of 0.76. The company has a fifty day moving average of $585.50 and a 200 day moving average of $535.85.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, topping the consensus estimate of $5.17 by $0.14. The company had revenue of $9.81 billion for the quarter, compared to the consensus estimate of $9.66 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The firm’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period last year, the firm earned $4.38 EPS. Research analysts forecast that Mastercard Incorporated will post 19.91 earnings per share for the current year.

Mastercard Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be issued a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard’s payout ratio is 19.14%.

Analyst Ratings Changes

A number of analysts have commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $665.00 price target on shares of Mastercard in a research report on Thursday, October 15th. TD Cowen increased their price objective on Mastercard from $664.00 to $667.00 and gave the company a “buy” rating in a report on Friday, July 31st. Morgan Stanley raised their price objective on Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Clear Str raised Mastercard to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Keefe, Bruyette & Woods lifted their target price on Mastercard from $665.00 to $685.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $683.94.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Adjusted EPS reached $5.31 versus the $5.17 consensus, while revenue rose 14% year over year to approximately $9.81 billion, above estimates of $9.66 billion. Net income increased 18% to about $4.6 billion. Mastercard Beats Q3 Earnings on Higher Cross-Border Volumes and Pricing
• Positive Sentiment: Payment activity remained healthy. Gross dollar volume increased 7%, purchase volume rose 9%, cross-border volume climbed 11% in local currency, and switched transactions grew 9%. Higher international activity and pricing helped drive the beat despite inflation and economic uncertainty. Mastercard caps strong quarter as consumer spending holds up
• Positive Sentiment: Value-added services are becoming a major growth engine. Services revenue jumped 19%, supported by fraud prevention, cybersecurity, data and marketing offerings. Adjusted operating margin expanded to 60.5%, adding to the earnings appeal. Mastercard Q3 2026: Six straight beats as value-added services surge
• Positive Sentiment: Investors see longer-term optionality in new payment technologies. Mastercard highlighted partnerships involving artificial intelligence, tokenized cards, stablecoins and “agentic commerce,” while expanding digital-payment acceptance through initiatives such as Google Pay in Nigeria. Mastercard backs tokenized card payments for agentic commerce
• Negative Sentiment: Cash-flow and leverage trends warrant monitoring. Nine-month operating cash flow fell 6% to $11.9 billion, while buybacks and dividends totaled $14.2 billion. Debt also increased by roughly $4.9 billion, creating a less favorable funding profile despite strong reported earnings. Mastercard Services Revenue Jumps 19%: Rapid Earnings Reaction

Insider Transactions at Mastercard

In related news, Director Julius Genachowski sold 370 shares of Mastercard stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $590.21, for a total transaction of $218,377.70. Following the completion of the transaction, the director directly owned 8,237 shares in the company, valued at approximately $4,861,559.77. This trade represents a 4.30% decrease in their ownership of the stock. 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, CFO Ling Hai sold 4,317 shares of Mastercard stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $620.00, for a total value of $2,676,540.00. Following the transaction, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,165,000. This represents a 10.77% 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. Over the last ninety days, insiders have sold 56,048 shares of company stock valued at $32,527,203. 0.09% of the stock is owned by insiders.

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 electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.

In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.