Sumitomo Mitsui Trust Group Inc. Has $1.07 Billion Stock Holdings in Mastercard Incorporated $MA

Sumitomo Mitsui Trust Group Inc. trimmed its stake in shares of Mastercard Incorporated (NYSE:MA) by 0.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,089,732 shares of the credit services provider’s stock after selling 9,722 shares during the quarter. Mastercard makes up about 0.6% of Sumitomo Mitsui Trust Group Inc.’s portfolio, making the stock its 26th biggest position. Sumitomo Mitsui Trust Group Inc.’s holdings in Mastercard were worth $1,073,286,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of MA. Riggs Asset Managment Co. Inc. raised its holdings in Mastercard by 20.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after buying an additional 18 shares during the period. Castle Rock Wealth Management LLC lifted its stake in Mastercard by 2.8% during the fourth quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock valued at $387,000 after buying an additional 19 shares in the last quarter. Athena Wealth Management LLC boosted its holdings in shares of Mastercard by 3.8% in the second quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock worth $264,000 after buying an additional 19 shares during the period. Novem Group boosted its holdings in shares of Mastercard by 0.4% in the second quarter. Novem Group now owns 4,680 shares of the credit services provider’s stock worth $2,404,000 after buying an additional 19 shares during the period. Finally, Vista Capital Partners Inc. increased its position in shares of Mastercard by 4.5% in the second quarter. Vista Capital Partners Inc. now owns 444 shares of the credit services provider’s stock worth $228,000 after acquiring an additional 19 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Insider Activity

In other Mastercard news, CEO Michael Miebach sold 16,628 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $567.68, for a total value of $9,439,383.04. Following the completion of the transaction, the chief executive officer owned 115,921 shares of the company’s stock, valued at $65,806,033.28. This represents a 12.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider J. Mehra Sachin sold 7,444 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total value of $4,296,155.72. Following the completion of the sale, the insider owned 40,916 shares of the company’s stock, valued at $23,613,851.08. This represents a 15.39% 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. Over the last ninety days, insiders sold 71,357 shares of company stock valued at $40,637,262. Corporate insiders own 0.09% of the company’s stock.

Mastercard Stock Performance

MA opened at $580.26 on Friday. The company has a market cap of $508.31 billion, a PE ratio of 31.92, a price-to-earnings-growth ratio of 1.74 and a beta of 0.72. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50-day moving average of $538.80 and a 200-day moving average of $518.06. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77.

Mastercard (NYSE:MA) last issued its quarterly earnings results 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. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The company had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same period last year, the business posted $4.15 earnings per share. The firm’s revenue was up 14.1% compared to the same quarter last year. As a group, equities research analysts forecast that Mastercard Incorporated will post 19.86 earnings per share 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 paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, July 9th. Mastercard’s payout ratio is currently 19.14%.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is positioning its network for “agentic payments,” in which artificial-intelligence agents make purchases for consumers. Its participation in the Agentic Payments Alliance and CEO Michael Miebach’s comments suggest the company is working to establish standards and capture transaction volume from this emerging market. How Mastercard CEO is preparing for a world where AI agents do the shopping
• Positive Sentiment: Mastercard’s latest quarterly results showed earnings per share of $5.04 and revenue of $9.28 billion, exceeding analyst estimates. Revenue increased 14.1% year over year, reinforcing the company’s growth and profitability profile.
• Neutral Sentiment: Analyst sentiment remains favorable, with a consensus “Buy” rating and an average price target of $661.93. However, valuation assessments are mixed: some intrinsic-value models indicate upside, while earnings-based measures suggest MA trades at a premium. Can Mastercard stay cheap as AI payments expand?
• Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The change could support regional expansion, but no immediate financial impact was announced. Mastercard appoints Yasemin Bedir as EEMEA president
• Negative Sentiment: A reported UK legal ruling could make millions of people eligible for approximately £70 in compensation related to Mastercard card-fee claims. The potential financial liability and scope of the case remain unclear, but the development adds litigation risk. Mastercard ruling as millions could get compensation
• Negative Sentiment: Chief Business Officer Sachin J. Mehra sold 8,444 shares for roughly $4.87 million across August 19–20. The trades were conducted under a pre-arranged Rule 10b5-1 plan, reducing their significance as a discretionary bearish signal, although they may weigh modestly on sentiment. Mastercard insider trading filing

Analyst Upgrades and Downgrades

MA has been the subject of several research analyst reports. Loop Capital restated a “buy” rating and issued a $631.00 price target on shares of Mastercard in a research report on Wednesday, June 3rd. Royal Bank Of Canada lifted their price objective on shares of Mastercard from $629.00 to $642.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Susquehanna cut their target price on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. UBS Group increased their target price on Mastercard from $640.00 to $670.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Piper Sandler initiated coverage on Mastercard in a research report on Monday, June 29th. They issued an “overweight” rating and a $597.00 target price for the company. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $661.93.

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.