Marks Group Wealth Management Inc lifted its position in Mastercard Incorporated (NYSE:MA – Free Report) by 26.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,046 shares of the credit services provider’s stock after purchasing an additional 1,267 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Mastercard were worth $3,105,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Border to Coast Pensions Partnership Ltd lifted its stake in shares of Mastercard by 7.3% in the 1st quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider’s stock valued at $70,089,000 after purchasing an additional 9,504 shares during the period. Canada Post Corp Registered Pension Plan grew its position in Mastercard by 6.1% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 65,414 shares of the credit services provider’s stock valued at $37,344,000 after buying an additional 3,768 shares during the period. Marble Wealth LLC acquired a new stake in Mastercard during the fourth quarter valued at $1,328,000. Charles Lim Capital Ltd purchased a new position in Mastercard in the fourth quarter valued at $15,699,000. Finally, Gamco Investors INC. ET AL increased its holdings in Mastercard by 5.4% in the first quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider’s stock valued at $14,093,000 after buying an additional 1,434 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.
Insider Activity
In other Mastercard news, insider J. Mehra Sachin sold 1,000 shares of Mastercard stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $572.07, for a total transaction of $572,070.00. Following the sale, the insider owned 39,916 shares of the company’s stock, valued at $22,834,746.12. The trade was a 2.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 15,372 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total transaction of $8,838,900.00. Following the sale, the chief executive officer directly owned 93,693 shares of the company’s stock, valued at $53,873,475. The trade was a 14.09% decrease in their position. 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 sold 71,357 shares of company stock valued at $40,637,262 in the last three months. Company insiders own 0.09% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on Mastercard
Mastercard Trading Up 0.1%
Shares of Mastercard stock opened at $574.33 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $601.77. The firm has a market capitalization of $503.12 billion, a PE ratio of 31.59, a P/E/G ratio of 1.72 and a beta of 0.72. The firm’s 50-day moving average price is $536.98 and its 200 day moving average price is $517.63.
Mastercard (NYSE:MA – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping the consensus estimate of $4.77 by $0.27. The company had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.Mastercard’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the business earned $4.15 EPS. On average, sell-side analysts predict that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.
Mastercard Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Thursday, July 9th were given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, July 9th. Mastercard’s payout ratio is presently 19.14%.
Key Headlines Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard is participating in the Agentic Payments Alliance with Rain, Visa and other industry players. The group aims to establish standards for AI agents that can conduct purchases, potentially creating new transaction volumes and strengthening Mastercard’s role in emerging digital payments. Rain forms agentic payments alliance with Visa, Mastercard and other players
- Positive Sentiment: Chief Executive Officer Michael Miebach discussed how Mastercard is preparing for a future in which AI agents shop on behalf of consumers. The strategy could help the company capture payments from a rapidly developing technology trend. How Mastercard CEO is preparing for a world where AI agents do the shopping
- Positive Sentiment: A recent investor analysis highlighted Mastercard’s stable growth outlook, supported by expanding payment volume, cross-border transactions and strong profitability. Stable Growth Trajectory Positions Mastercard for Strong Returns
- Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The leadership change could support regional expansion, but its near-term financial impact is unclear. Mastercard appoints Yasemin Bedir as EEMEA president
- Negative Sentiment: Insider J. Mehra Sachin sold 8,444 shares for approximately $4.87 million across August 19–20. Although the sales reduced his holdings, the use of a pre-arranged trading plan makes them a weaker bearish signal than discretionary selling. Mastercard insider trading filing
Mastercard 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.
Featured Stories
- Five stocks we like better than Mastercard
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.
