K.J. Harrison & Partners Inc Reduces Stock Position in Mastercard Incorporated $MA

K.J. Harrison & Partners Inc reduced its position in shares of Mastercard Incorporated (NYSE:MA) by 9.2% in the first quarter, HoldingsChannel.com reports. The firm owned 9,811 shares of the credit services provider’s stock after selling 1,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in Mastercard were worth $4,902,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Howe & Rusling Inc. increased its holdings in Mastercard by 2.1% during the 1st quarter. Howe & Rusling Inc. now owns 19,908 shares of the credit services provider’s stock valued at $9,947,000 after purchasing an additional 415 shares during the period. Montrusco Bolton Investments Inc. lifted its holdings in Mastercard by 28.0% in the 1st quarter. Montrusco Bolton Investments Inc. now owns 489,843 shares of the credit services provider’s stock worth $236,630,000 after buying an additional 107,093 shares during the period. Private Wealth Partners LLC grew its position in shares of Mastercard by 10.8% in the 1st quarter. Private Wealth Partners LLC now owns 16,330 shares of the credit services provider’s stock worth $8,159,000 after buying an additional 1,587 shares during the last quarter. Integral Investment Advisors Inc. grew its position in shares of Mastercard by 25.3% in the 1st quarter. Integral Investment Advisors Inc. now owns 1,016 shares of the credit services provider’s stock worth $508,000 after buying an additional 205 shares during the last quarter. Finally, Revisor Wealth Management LLC raised its holdings in shares of Mastercard by 2.4% during the first quarter. Revisor Wealth Management LLC now owns 1,434 shares of the credit services provider’s stock valued at $717,000 after acquiring an additional 33 shares in the last quarter. 97.28% of the stock is owned by institutional investors.

Mastercard Trading Down 0.1%

NYSE MA opened at $539.00 on Friday. The firm has a market capitalization of $476.25 billion, a PE ratio of 31.19, a P/E/G ratio of 1.68 and a beta of 0.73. The stock’s 50 day moving average is $497.92 and its 200 day moving average is $518.96. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month 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.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating the consensus estimate of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same quarter last year, the firm posted $3.73 earnings per share. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. Research analysts forecast that Mastercard Incorporated will post 19.61 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 9th will be paid a dividend of $0.87 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is currently 20.14%.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard announced new partnerships to expand digital and inclusive financial services, including a collaboration with VEON across Ukraine, Kazakhstan, Pakistan and Uzbekistan. That supports the company’s international growth strategy and could increase future network usage and transaction volume. VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
• Positive Sentiment: Mastercard also said integrated payment systems could add meaningful tourism revenue, reinforcing the company’s role as a beneficiary of cross-border spending and digital payments adoption. Integrated payment systems could add €300 in annual tourism revenue – MasterCard
• Positive Sentiment: ZEN.COM launched Mastercard Click to Pay, reflecting rising demand for simpler online checkout experiences and another sign that Mastercard’s payment rails remain widely adopted by merchants and consumers. ZEN.COM Launches Mastercard Click to Pay as Consumer Demand for Simpler Online Payments Grows
• Positive Sentiment: Several articles highlighted Mastercard’s strong earnings track record and suggested it could beat estimates again next quarter, which can support investor confidence ahead of the next report. Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: MarketBeat’s week-in-review coverage framed Mastercard as a steady, high-quality payments name, but it did not introduce any new company-specific catalyst beyond broader investor interest in defensive growth stocks. MarketBeat Week in Review – 06/29 – 07/03
• Neutral Sentiment: Recent commentary on stablecoins and payments competition suggests the industry is evolving, but the articles generally portray Mastercard as well-positioned rather than under direct pressure. Is Mastercard (MA) Trading At A Premium Despite Stablecoin Moves?
• Negative Sentiment: Insider Raj Seshadri sold shares on two separate days under a pre-arranged 10b5-1 plan. While not necessarily a bearish signal on fundamentals, insider sales can still weigh on sentiment around the stock. SEC filing for insider sale

Insider Buying and Selling at Mastercard

In other news, insider Raj Seshadri sold 4,828 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the sale, the insider directly owned 16,429 shares of the company’s stock, valued at $8,625,225. The trade was a 22.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on MA. BMO Capital Markets began coverage on shares of Mastercard in a report on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 price target on the stock. Dbs Bank upgraded shares of Mastercard to a “moderate buy” rating in a report on Friday, March 27th. TD Cowen reaffirmed a “buy” rating on shares of Mastercard in a research report on Tuesday, March 17th. Wolfe Research reaffirmed an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Finally, Citigroup reduced their price target on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Seven analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $653.81.

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.