Mastercard Incorporated $MA Stock Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. raised its stake in Mastercard Incorporated (NYSE:MA) by 2.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,606 shares of the credit services provider’s stock after acquiring an additional 949 shares during the quarter. D.A. Davidson & CO.’s holdings in Mastercard were worth $20,739,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. State Street Corp grew its holdings in Mastercard by 1.3% in the second quarter. State Street Corp now owns 36,964,305 shares of the credit services provider’s stock valued at $18,984,867,000 after purchasing an additional 486,283 shares during the period. Jennison Associates LLC lifted its holdings in Mastercard by 10.4% during the first quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider’s stock valued at $2,559,779,000 after purchasing an additional 480,725 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Mastercard by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider’s stock valued at $2,111,216,000 after purchasing an additional 42,871 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Mastercard by 17.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock valued at $1,831,763,000 after purchasing an additional 554,366 shares during the period. Finally, Amundi increased its stake in shares of Mastercard by 5.8% during the second quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock worth $1,862,527,000 after purchasing an additional 199,424 shares in the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Adjusted EPS reached $5.31 versus the $5.17 consensus, while revenue rose 14% year over year to approximately $9.81 billion, above estimates of $9.66 billion. Net income increased 18% to about $4.6 billion. Mastercard Beats Q3 Earnings on Higher Cross-Border Volumes and Pricing
• Positive Sentiment: Payment activity remained healthy. Gross dollar volume increased 7%, purchase volume rose 9%, cross-border volume climbed 11% in local currency, and switched transactions grew 9%. Higher international activity and pricing helped drive the beat despite inflation and economic uncertainty. Mastercard caps strong quarter as consumer spending holds up
• Positive Sentiment: Value-added services are becoming a major growth engine. Services revenue jumped 19%, supported by fraud prevention, cybersecurity, data and marketing offerings. Adjusted operating margin expanded to 60.5%, adding to the earnings appeal. Mastercard Q3 2026: Six straight beats as value-added services surge
• Positive Sentiment: Investors see longer-term optionality in new payment technologies. Mastercard highlighted partnerships involving artificial intelligence, tokenized cards, stablecoins and “agentic commerce,” while expanding digital-payment acceptance through initiatives such as Google Pay in Nigeria. Mastercard backs tokenized card payments for agentic commerce
• Negative Sentiment: Cash-flow and leverage trends warrant monitoring. Nine-month operating cash flow fell 6% to $11.9 billion, while buybacks and dividends totaled $14.2 billion. Debt also increased by roughly $4.9 billion, creating a less favorable funding profile despite strong reported earnings. Mastercard Services Revenue Jumps 19%: Rapid Earnings Reaction

Mastercard Stock Performance

NYSE:MA opened at $636.52 on Friday. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $557.60 billion, a price-to-earnings ratio of 35.01, a PEG ratio of 1.74 and a beta of 0.76. The company’s 50-day moving average is $585.50 and its two-hundred day moving average is $535.85. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $641.57.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, beating the consensus estimate of $5.17 by $0.14. The business had revenue of $9.81 billion during the quarter, compared to analysts’ expectations of $9.66 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.38 EPS. Analysts forecast that Mastercard Incorporated will post 19.91 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 0.5%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio is presently 19.14%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MA. President Capital raised their target price on Mastercard from $693.00 to $729.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Barclays boosted their price target on Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Piper Sandler increased their price objective on Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. The Goldman Sachs Group reissued a “buy” rating and issued a $701.00 price objective (up from $674.00) on shares of Mastercard in a research note on Thursday, July 30th. Finally, Evercore raised their price objective on Mastercard from $550.00 to $620.00 in a report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $683.94.

Insider Buying and Selling

In other Mastercard news, insider Sachin Mehra sold 7,444 shares of Mastercard stock in a transaction 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 sale, the insider owned 40,916 shares in the company, valued at $23,613,851.08. The trade was a 15.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 Mastercard stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $580.00, for a total value of $9,644,240.00. Following the completion of the sale, the chief executive officer owned 109,065 shares in the company, valued at $63,257,700. This represents a 13.23% 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 a total of 56,048 shares of company stock valued at $32,527,203 in the last ninety days. Company insiders own 0.09% of the company’s stock.

Mastercard 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.