Mastercard Incorporated $MA Stock Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. boosted its position in Mastercard Incorporated (NYSE:MA) by 0.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,092,074 shares of the credit services provider’s stock after purchasing an additional 2,342 shares during the period. Mastercard comprises 0.7% of Sumitomo Mitsui Trust Group Inc.’s portfolio, making the stock its 22nd biggest holding. Sumitomo Mitsui Trust Group Inc.’s holdings in Mastercard were worth $1,153,716,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Gamco Investors INC. ET AL raised its position 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 worth $14,093,000 after acquiring an additional 1,434 shares during the period. Reynders McVeigh Capital Management LLC boosted its stake in shares of Mastercard by 2.2% during the 2nd quarter. Reynders McVeigh Capital Management LLC now owns 141,828 shares of the credit services provider’s stock worth $72,843,000 after acquiring an additional 3,006 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Mastercard by 5.3% during the 2nd quarter. Hsbc Holdings PLC now owns 1,656,528 shares of the credit services provider’s stock valued at $850,004,000 after acquiring an additional 82,793 shares during the period. SteelPeak Wealth LLC grew its position in shares of Mastercard by 50.1% during the 1st quarter. SteelPeak Wealth LLC now owns 14,003 shares of the credit services provider’s stock valued at $6,996,000 after acquiring an additional 4,675 shares during the period. Finally, Rockland Trust Co. increased its stake in shares of Mastercard by 6.2% in the 3rd quarter. Rockland Trust Co. now owns 81,392 shares of the credit services provider’s stock worth $44,885,000 after purchasing an additional 4,751 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors.

Mastercard Stock Performance

Shares of NYSE MA opened at $638.50 on Friday. The firm has a fifty day moving average price of $586.79 and a 200-day moving average price of $536.21. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.01 and a quick ratio of 1.06. The stock has a market cap of $559.33 billion, a PE ratio of 33.39, a price-to-earnings-growth ratio of 1.82 and a beta of 0.76. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $644.24.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 EPS for the quarter, beating the consensus estimate of $5.17 by $0.14. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The firm had revenue of $9.81 billion for the quarter, compared to the consensus estimate of $9.66 billion. During the same period last year, the firm earned $4.38 EPS. The company’s revenue was up 14.0% on a year-over-year basis. Equities analysts anticipate that Mastercard Incorporated will post 19.96 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

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 paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard’s dividend payout ratio (DPR) is 18.20%.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q3 results exceeded expectations: Mastercard reported adjusted earnings of $5.31 per share versus the $5.17 consensus, while revenue rose 14% year over year to $9.81 billion, ahead of the $9.66 billion estimate. Net income increased 18% to approximately $4.6 billion. Reuters earnings article
• Positive Sentiment: Payment activity and services remained strong: Purchase volume rose 9%, cross-border volume increased 11%, and switched transactions grew 9% on a local-currency basis. Value-added services revenue advanced 19%, supported by fraud prevention, data and marketing offerings, while the adjusted operating margin reached 60.5%.
• Positive Sentiment: Analyst sentiment improved materially: TD Cowen, Wells Fargo, RBC, Barclays, Keefe, Bruyette & Woods and Susquehanna all raised their price targets, with targets ranging from $700 to $750 and ratings including “buy,” “overweight” and “outperform.” Analysts also highlighted Mastercard’s potential in AI commerce, tokenized payments and stablecoins. Zacks earnings call article
• Neutral Sentiment: Mastercard continues expanding its payments ecosystem through partnerships involving Google Pay, pay-by-bank services, co-branded cards and agentic commerce. These initiatives could support long-term transaction growth, although their near-term financial contribution is uncertain.
• Negative Sentiment: Investors face legal and financial risks. A proposed £5 billion UK collective lawsuit alleges Mastercard’s interchange fees harmed merchants. Separately, nine-month operating cash flow declined 6%, while buybacks and dividends exceeded operating cash flow and debt increased by roughly $4.9 billion. UK lawsuit article

Insider Activity at Mastercard

In related news, insider Sachin Mehra sold 3,266 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $584.00, for a total value of $1,907,344.00. Following the transaction, the insider directly owned 36,650 shares of the company’s stock, valued at approximately $21,403,600. The trade was a 8.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total value of $2,440,926.80. Following the completion of the transaction, the insider 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 56,048 shares of company stock worth $32,527,203 in the last three months. Corporate insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on MA. Barclays raised their target price on Mastercard from $660.00 to $700.00 and gave the stock an “overweight” rating in a report on Friday. The Goldman Sachs Group reiterated a “buy” rating and set a $701.00 target price (up from $674.00) on shares of Mastercard in a research report on Thursday, July 30th. Royal Bank Of Canada boosted their price target on Mastercard from $696.00 to $742.00 and gave the company an “outperform” rating in a report on Friday. Keefe, Bruyette & Woods upped their price target on Mastercard from $685.00 to $750.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Truist Financial raised their price objective on Mastercard from $633.00 to $674.00 and gave the stock a “buy” rating in a research note on Friday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $698.36.

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.