Summit Wealth Group LLC Co. Has $246,000 Stock Holdings in Mastercard Incorporated $MA

Summit Wealth Group LLC Co. cut its stake in shares of Mastercard Incorporated (NYSE:MA) by 94.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 430 shares of the credit services provider’s stock after selling 7,522 shares during the period. Summit Wealth Group LLC Co.’s holdings in Mastercard were worth $246,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tacita Capital Inc raised its stake in Mastercard by 50.0% in the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after buying an additional 19 shares during the period. Foster Dykema Cabot & Partners LLC raised its stake in Mastercard by 250.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after buying an additional 40 shares during the period. Bay Harbor Wealth Management LLC raised its stake in Mastercard by 54.1% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock valued at $33,000 after buying an additional 20 shares during the period. Birchbrook Inc. bought a new stake in Mastercard in the fourth quarter valued at approximately $37,000. Finally, Dagco Inc. raised its stake in Mastercard by 200.0% in the fourth quarter. Dagco Inc. now owns 66 shares of the credit services provider’s stock valued at $38,000 after buying an additional 44 shares during the period. Institutional investors own 97.28% of the company’s stock.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is testing AI-driven “agentic commerce” payments with PhotonPay, which could open a new growth avenue in autonomous, secure digital transactions as the market for AI-enabled commerce develops. PhotonPay Completes its First Live Agentic Payment Together with Mastercard
• Positive Sentiment: Amazon launched new Prime Business and Amazon Business credit cards powered by U.S. Bank and the Mastercard network, reinforcing Mastercard’s role in large co-branded card programs and ongoing payment volume growth. Amazon’s New Prime Business and Amazon Business Credit Cards, Powered by U.S. Bank and Mastercard®, Are Now Available with Enhanced Rewards and Flexible Financing
• Positive Sentiment: Analysts continue to highlight Mastercard as a top financial-transaction name benefiting from digital payment trends, including contactless payments, BNPL, and cross-border commerce. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Neutral Sentiment: Mastercard also got attention from sustainability-related coverage and broader analyst commentary, but these items appear more informational than immediately stock-moving. Mastercard: How Technology Is Turning Sustainability Goals Into Measurable Action
• Negative Sentiment: A U.S. inquiry into Brazil’s PIX instant-payment system raises concern that government-backed payment rails could bypass card networks and pressure Mastercard’s long-term transaction growth. U.S. PIX Inquiry Puts Mastercard Growth And Valuation In Focus
• Negative Sentiment: New proposed U.S. campaign-finance transparency rules could add compliance requirements for card networks that process political donations, including Mastercard. New Bill: Representative Bryan Steil introduces H.R. 8720: Campaign Finance Transparency Act
• Negative Sentiment: Truist cut its price target on Mastercard, which may reinforce concerns that the stock’s valuation is being tempered by macro headwinds and slower near-term growth. Mastercard (NYSE:MA) Price Target Cut to $561.00 by Analysts at Truist Financial

Analyst Ratings Changes

A number of equities analysts have recently weighed in on MA shares. The Goldman Sachs Group reiterated a “buy” rating and set a $739.00 target price on shares of Mastercard in a research note on Thursday, January 29th. Daiwa Securities Group set a $610.00 target price on Mastercard and gave the stock an “outperform” rating in a research note on Monday, February 2nd. BMO Capital Markets started coverage on Mastercard in a research note on Tuesday, April 21st. They set an “outperform” rating and a $605.00 target price on the stock. Morgan Stanley reiterated an “overweight” rating and set a $679.00 target price on shares of Mastercard in a research note on Friday, May 1st. Finally, Wells Fargo & Company increased their target price on Mastercard from $660.00 to $668.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $656.00.

Mastercard Trading Down 0.1%

Shares of NYSE:MA opened at $489.91 on Friday. The company has a market capitalization of $432.87 billion, a P/E ratio of 28.35, a P/E/G ratio of 1.53 and a beta of 0.76. Mastercard Incorporated has a 1 year low of $480.50 and a 1 year high of $601.77. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. The business’s 50 day simple moving average is $503.90 and its 200 day simple moving average is $531.86.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. The firm had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $3.73 EPS. On average, research analysts anticipate that Mastercard Incorporated will post 19.58 EPS for the current fiscal year.

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.