6,805 Shares in Mastercard Incorporated $MA Bought by NBT Bank N.A.

Key Points

• NBT Bank acquired 6,805 Mastercard shares worth approximately $3.75 million in the third quarter. Institutional investors collectively own 97.28% of Mastercard’s outstanding stock.
• Analysts remain broadly bullish, with an average “Moderate Buy” rating and a consensus price target of $682.66. Recent earnings exceeded expectations, with revenue rising 14.1% year over year to $9.28 billion.
• Mastercard declared a quarterly dividend of $0.87 per share, equivalent to an annualized $3.48 and a 0.6% yield. Shares opened at $632.46, near the company’s 52-week high of $633.29.

NBT Bank N.A. acquired a new stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,805 shares of the credit services provider's stock, valued at approximately $3,753,000.

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

Analyst Ratings Changes

MA has been the topic of several analyst reports. Truist Financial raised their price objective on Mastercard from $554.00 to $633.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Wolfe Research lifted their price objective on Mastercard from $680.00 to $740.00 and gave the company an "outperform" rating in a research report on Tuesday, August 25th. Morgan Stanley upped their target price on Mastercard from $679.00 to $681.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Loop Capital increased their target price on Mastercard from $631.00 to $647.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Finally, Weiss Ratings raised Mastercard from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $682.66.

Mastercard Trading Up 1.6%

MA stock opened at $632.46 on Friday. The company has a market cap of $554.04 billion, a price-to-earnings ratio of 34.79, a PEG ratio of 1.77 and a beta of 0.76. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. The business has a fifty day simple moving average of $580.82 and a 200-day simple moving average of $538.90. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $633.29.

Mastercard (NYSE:MA - Get Free Report) last issued its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping 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 business had revenue of $9.28 billion for the quarter, compared to analyst estimates of $9.08 billion. During the same period last year, the company posted $4.15 EPS. The business's quarterly revenue was up 14.1% on a year-over-year basis. On average, equities research analysts expect that Mastercard Incorporated will post 19.91 EPS for the current year.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard's payout ratio is 19.14%.

Insider Activity at Mastercard

In other news, insider Sachin Mehra sold 3,266 shares of Mastercard stock in a transaction dated 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 $21,403,600. The trade was a 8.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 370 shares of the business's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $590.21, for a total value of $218,377.70. Following the sale, the director owned 8,237 shares of the company's stock, valued at $4,861,559.77. The trade was a 4.30% 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 a total of 72,676 shares of company stock valued at $41,966,586 over the last three months. Insiders own 0.09% of the company's stock.

Trending Headlines about Mastercard

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 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.

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