865 Mastercard Incorporated $MA Shares Bought by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC boosted its stake in shares of Mastercard Incorporated (NYSE:MA) by 141.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,475 shares of the credit services provider’s stock after purchasing an additional 865 shares during the period. Precedent Wealth Partners LLC’s holdings in Mastercard were worth $813,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MA. Fundsmith LLP acquired a new stake in shares of Mastercard during the second quarter worth $639,458,000. Corient Private Wealth LP grew its holdings in shares of Mastercard by 147.2% during the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider’s stock valued at $863,969,000 after buying an additional 1,001,671 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Mastercard by 295.8% during the second quarter. Assenagon Asset Management S.A. now owns 860,011 shares of the credit services provider’s stock valued at $441,702,000 after buying an additional 642,724 shares during the last quarter. SEB Asset Management AB acquired a new position in shares of Mastercard in the 1st quarter valued at $293,574,000. Finally, Soroban Capital Partners LP increased its position in shares of Mastercard by 30.5% in the 1st quarter. Soroban Capital Partners LP now owns 2,464,499 shares of the credit services provider’s stock valued at $1,231,412,000 after acquiring an additional 575,412 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Tokenization could support revenue growth. UBS estimates payment-tokenization services may contribute low-single-digit percentage growth to Mastercard’s overall revenue and low-to-mid-single-digit growth in value-added services as digital payments expand and fraud prevention becomes more important. Visa and Mastercard tokenization fees could support revenue growth, UBS says
• Positive Sentiment: Upcoming earnings expectations are favorable. Analysts anticipate year-over-year earnings growth in Mastercard’s upcoming report, while recent results have exceeded consensus estimates for both earnings and revenue. This is reinforcing expectations for another potential earnings beat. MasterCard Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Mastercard is expanding its technology and payments ecosystem. New initiatives include AI tools that help cardholders use benefits, developer APIs for AI-agent payments, stablecoin risk-assessment capabilities and a Global Money Platform developed with BVNK. These products could create future revenue streams and strengthen Mastercard’s role in digital commerce. Mastercard unveils AI assistant to help cardholders use benefits
• Positive Sentiment: Partnerships broaden payment volume opportunities. Agreements with Aurionpro for contactless transit payments in North America and BankIslami for Shariah-compliant cards could expand Mastercard’s acceptance footprint and transaction volumes. Its First-Party Trust program also targets rising “friendly fraud,” supporting merchant demand for Mastercard’s security services. Aurionpro, Mastercard Partner on Contactless Transit Payments in North America
• Neutral Sentiment: Valuation and execution remain considerations. Mastercard has substantially outperformed the broader market and trades at a premium earnings multiple. Investors will likely focus on whether upcoming results and guidance justify that valuation, particularly as the shares approach their 52-week high. Is the Market Underpricing Mastercard Stock?

Mastercard Stock Up 1.6%

MA stock opened at $632.46 on Friday. The firm’s fifty day simple moving average is $580.82 and its 200-day simple moving average is $538.90. The company has a market capitalization of $554.04 billion, a P/E ratio of 34.79, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $633.29.

Mastercard (NYSE:MA) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The firm had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. During the same quarter in the prior year, the business earned $4.15 earnings per share. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. As a group, equities research analysts forecast that Mastercard Incorporated will post 19.91 earnings per share for the current year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be issued a $0.87 dividend. This represents a $3.48 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard’s dividend payout ratio is presently 19.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Wolfe Research raised their target price on Mastercard from $680.00 to $740.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 25th. Morgan Stanley boosted their price target on Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Cantor Fitzgerald boosted their price target on Mastercard from $650.00 to $695.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Dbs Bank raised Mastercard to a “moderate buy” rating in a report on Friday, August 21st. Finally, Piper Sandler raised their price objective on Mastercard from $597.00 to $710.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Two research 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 given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $682.66.

Insider Buying and Selling

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the completion of the transaction, the insider owned 31,179 shares in the company, valued at approximately $17,781,695.49. This trade represents a 12.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,317 shares of the business’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $620.00, for a total value of $2,676,540.00. Following the completion of the transaction, the chief financial officer directly owned 35,750 shares of the company’s stock, valued at approximately $22,165,000. This trade represents a 10.77% 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. Insiders sold 72,676 shares of company stock valued at $41,966,586 in the last 90 days. 0.09% of the stock is currently owned by insiders.

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.