Amundi Grows Position in Mastercard Incorporated $MA

Key Points

• Amundi increased its Mastercard position by 5.8% in the second quarter, adding 199,424 shares to hold 3.63 million shares worth approximately $1.86 billion. Institutional investors collectively own 97.28% of the company.
• Mastercard reported stronger-than-expected quarterly results, with EPS of $5.04 and revenue of $9.28 billion; revenue rose 14.1% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $666.64.
• Insiders sold shares under pre-arranged Rule 10b5-1 plans, including $42.5 million worth over the past 90 days, while Mastercard paid a quarterly dividend of $0.87 per share, representing a 0.6% yield.

Amundi grew its position in Mastercard Incorporated (NYSE:MA - Free Report) by 5.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,626,416 shares of the credit services provider's stock after acquiring an additional 199,424 shares during the quarter. Amundi owned 0.41% of Mastercard worth $1,862,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of MA. Riggs Asset Managment Co. Inc. grew its holdings in shares of Mastercard by 20.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider's stock valued at $61,000 after purchasing an additional 18 shares in the last quarter. Castle Rock Wealth Management LLC raised its position in shares of Mastercard by 2.8% during the 4th quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider's stock valued at $387,000 after buying an additional 19 shares in the last quarter. Athena Wealth Management LLC raised its position in shares of Mastercard by 3.8% during the 2nd quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider's stock valued at $264,000 after buying an additional 19 shares in the last quarter. Novem Group lifted its holdings in shares of Mastercard by 0.4% in the 2nd quarter. Novem Group now owns 4,680 shares of the credit services provider's stock valued at $2,404,000 after acquiring an additional 19 shares during the last quarter. Finally, Vista Capital Partners Inc. lifted its holdings in shares of Mastercard by 4.5% in the 2nd quarter. Vista Capital Partners Inc. now owns 444 shares of the credit services provider's stock valued at $228,000 after acquiring an additional 19 shares during the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Mastercard

In other news, insider Raj Seshadri sold 4,828 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total transaction of $2,534,700.00. Following the transaction, the insider owned 16,429 shares of the company's stock, valued at approximately $8,625,225. This represents a 22.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 firm's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total value of $2,440,926.80. Following the transaction, the insider owned 31,179 shares in the company, valued at approximately $17,781,695.49. This represents a 12.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 74,623 shares of company stock valued at $42,544,606. Company insiders own 0.09% of the company's stock.

Mastercard Price Performance

Mastercard stock opened at $579.43 on Monday. 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 stock has a market cap of $507.59 billion, a price-to-earnings ratio of 31.87, a price-to-earnings-growth ratio of 1.66 and a beta of 0.74. The firm has a 50-day moving average of $558.51 and a two-hundred day moving average of $521.49. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.62.

Mastercard (NYSE:MA - Get Free Report) last issued its earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS 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 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 earnings per share. The company's quarterly revenue was up 14.1% compared to the same quarter last year. On average, research analysts forecast that Mastercard Incorporated will post 19.86 earnings per share for the current year.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Thursday, July 9th were issued a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, July 9th. Mastercard's dividend payout ratio (DPR) is presently 19.14%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Keefe, Bruyette & Woods boosted their price objective on Mastercard from $665.00 to $685.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Morgan Stanley raised their price objective on Mastercard from $679.00 to $681.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Truist Financial lifted their target price on Mastercard from $554.00 to $633.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Barclays boosted their target price on Mastercard from $640.00 to $660.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Finally, Dbs Bank upgraded Mastercard to a "moderate buy" rating in a report on Friday, August 21st. Five analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $666.64.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s Strive India program has helped small businesses access more than $150 million in credit. The initiative strengthens Mastercard’s role in financial inclusion and could expand future payment volumes in a large growth market. Mastercard Strive India Aids Small Firms With Over $150 Million in Credit
• Positive Sentiment: Mastercard launched its first Start Path cohort focused on agentic commerce, with 22 startups developing technology that enables AI agents to initiate and complete transactions. The effort positions Mastercard to capture a potential new payments channel as autonomous purchasing develops. Mastercard Start Path Launches Inaugural Agentic Commerce Cohort
• Positive Sentiment: Citi Hong Kong plans to introduce a virtual credit card with a dynamic card validation code in partnership with Mastercard. The product could improve digital-payment security and reinforce Mastercard’s technology value proposition. Citi Hong Kong Dynamic CVC Virtual Credit Card Partnership
• Neutral Sentiment: Mastercard expanded leadership for digital acceptance in the Europe, Middle East and Africa region and launched travel deals with Klook. Both developments may support merchant adoption and engagement, but are unlikely to materially change near-term earnings. Mastercard Elevates Vanshi Kotru Mastercard and Klook Launch Travel Deals
• Negative Sentiment: CFO Sachin Mehra sold 3,266 shares valued at approximately $1.9 million, reducing his direct holdings by 8.18%. Because the transaction was executed under a pre-arranged Rule 10b5-1 plan, it is a limited bearish signal, but it can still weigh on sentiment—particularly with Mastercard trading near a 52-week high and at a premium earnings multiple. SEC Insider Transaction Filing

Mastercard Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.