Mastercard Incorporated $MA Shares Newly Bought by Spartan Planning & Wealth Management

Spartan Planning & Wealth Management purchased a new stake in Mastercard Incorporated (NYSE:MA) during the 3rd quarter, HoldingsChannel reports. The fund purchased 1,250 shares of the credit services provider’s stock, valued at approximately $689,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MA. Fundsmith LLP purchased a new position in shares of Mastercard during the second quarter worth about $639,458,000. Corient Private Wealth LP increased its position in shares of Mastercard by 147.2% in the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider’s stock worth $863,969,000 after purchasing an additional 1,001,671 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Mastercard by 295.8% in the second quarter. Assenagon Asset Management S.A. now owns 860,011 shares of the credit services provider’s stock worth $441,702,000 after purchasing an additional 642,724 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Mastercard by 31.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,524,059 shares of the credit services provider’s stock valued at $1,440,935,000 after purchasing an additional 605,608 shares in the last quarter. Finally, SEB Asset Management AB purchased a new stake in Mastercard in the first quarter valued at approximately $293,574,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on MA shares. 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 report on Friday, July 31st. Weiss Ratings raised shares of Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 2nd. UBS Group increased their price target on shares of Mastercard from $640.00 to $670.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Wolfe Research raised their price objective on shares of Mastercard from $680.00 to $740.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Finally, Clear Str upgraded shares of Mastercard to a “strong-buy” rating in a research report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Mastercard presently has an average rating of “Moderate Buy” and a consensus price target of $681.56.

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of the business’s 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 sale, the insider directly owned 31,179 shares of the company’s stock, valued at $17,781,695.49. The trade was a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 16,628 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $567.68, for a total transaction of $9,439,383.04. Following the completion of the sale, the chief executive officer directly owned 115,921 shares of the company’s stock, valued at $65,806,033.28. This represents a 12.54% 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 have sold 68,359 shares of company stock worth $39,290,046 in the last 90 days. 0.09% of the stock is owned by company insiders.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Analysts expect Mastercard’s upcoming third-quarter report to show double-digit earnings growth, reinforcing confidence after the company’s latest quarter exceeded both revenue and EPS expectations. Here’s What to Expect From Mastercard Incorporated’s Next Earnings Report
• Positive Sentiment: Mastercard is expanding its growth opportunities through a new stablecoin initiative on Solana for cross-border payments and a crypto-backed card program with SoFi Tech Solutions and Mexican fintech Orbi. These efforts could increase transaction volumes and strengthen Mastercard’s role in digital-asset payments. Mastercard launches Open USD stablecoin on Solana
• Positive Sentiment: The company and WEX launched an Asia-Pacific fleet-payments network expected to process billions of dollars in annual transactions as it expands across regional logistics and commercial-vehicle markets. WEX and Mastercard partner to unify fleet payments across Asia-Pacific
• Positive Sentiment: Mastercard announced an Africa Cybersecurity Center of Excellence and additional cyber-resilience initiatives, positioning the company to benefit from rising digital-payment adoption and security spending across rapidly digitizing markets. Cyber Resilience Is the Foundation for Africa’s Next Phase of Digital Growth
• Positive Sentiment: Mastercard remains above technical buy points alongside Visa, while digital-wallet adoption and new card products such as OneGold’s precious-metals-backed Mastercard could support broader payment volumes. Mastercard and Visa ride win streaks above buy points
• Neutral Sentiment: Director Julius Genachowski sold a combined 741 shares for approximately $435,000 under a pre-arranged Rule 10b5-1 plan. The sales modestly reduce his holdings but may not signal a change in management’s outlook.
• Negative Sentiment: Mastercard and Visa face a reported £700 million UK class-action claim related to post-Brexit fees. Potential legal costs or fee changes could pressure margins, although the ultimate financial impact remains uncertain. Visa and Mastercard face £700m class action

Mastercard Price Performance

NYSE MA traded up $9.86 on Tuesday, reaching $604.95. 3,710,262 shares of the company’s stock traded hands, compared to its average volume of 3,513,819. The stock has a market cap of $529.94 billion, a PE ratio of 33.28, a P/E/G ratio of 1.68 and a beta of 0.76. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $605.60. The stock has a 50-day simple moving average of $573.44 and a 200 day simple moving average of $532.76. 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) last announced its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share 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 firm had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.08 billion. During the same period in the previous year, the business posted $4.15 EPS. The business’s quarterly revenue was up 14.1% on a year-over-year basis. As a group, research analysts predict that Mastercard Incorporated will post 19.90 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. Investors of record on Friday, October 9th will be given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio (DPR) is presently 19.14%.

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.