Baldwin Investment Management LLC Buys 4,663 Shares of Mastercard Incorporated $MA

Baldwin Investment Management LLC boosted its position in Mastercard Incorporated (NYSE:MA - Free Report) by 110.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,901 shares of the credit services provider's stock after purchasing an additional 4,663 shares during the quarter. Baldwin Investment Management LLC's holdings in Mastercard were worth $4,572,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of MA. Vanguard Group Inc. raised its stake in Mastercard by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider's stock valued at $45,612,087,000 after buying an additional 466,514 shares during the last quarter. J. Stern & Co. LLP grew its stake in shares of Mastercard by 53,535.0% during the fourth quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider's stock worth $41,444,231,000 after acquiring an additional 72,461,743 shares during the last quarter. State Street Corp increased its holdings in shares of Mastercard by 2.8% during the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider's stock valued at $20,807,283,000 after acquiring an additional 997,536 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Mastercard by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 20,686,605 shares of the credit services provider's stock valued at $11,773,153,000 after purchasing an additional 349,369 shares during the last quarter. Finally, Capital International Investors grew its position in Mastercard by 4.4% during the 4th quarter. Capital International Investors now owns 17,964,658 shares of the credit services provider's stock worth $10,256,368,000 after purchasing an additional 759,584 shares during the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Mastercard Stock Performance

Shares of MA stock opened at $574.33 on Friday. The stock has a market cap of $503.12 billion, a PE ratio of 31.59, a price-to-earnings-growth ratio of 1.72 and a beta of 0.72. The business has a 50-day simple moving average of $536.98 and a 200-day simple moving average of $517.63. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The company had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. During the same period in the previous year, the company posted $4.15 earnings per share. Mastercard's revenue for the quarter was up 14.1% on a year-over-year basis. On average, equities analysts expect that Mastercard Incorporated will post 19.86 EPS for the current year.

Mastercard Announces Dividend

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 $0.87 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard's payout ratio is presently 19.14%.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is participating in the Agentic Payments Alliance with Rain, Visa and other industry players. The group aims to establish standards for AI agents that can conduct purchases, potentially creating new transaction volumes and strengthening Mastercard’s role in emerging digital payments. Rain forms agentic payments alliance with Visa, Mastercard and other players
• Positive Sentiment: Chief Executive Officer Michael Miebach discussed how Mastercard is preparing for a future in which AI agents shop on behalf of consumers. The strategy could help the company capture payments from a rapidly developing technology trend. How Mastercard CEO is preparing for a world where AI agents do the shopping
• Positive Sentiment: A recent investor analysis highlighted Mastercard’s stable growth outlook, supported by expanding payment volume, cross-border transactions and strong profitability. Stable Growth Trajectory Positions Mastercard for Strong Returns
• Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The leadership change could support regional expansion, but its near-term financial impact is unclear. Mastercard appoints Yasemin Bedir as EEMEA president
• Negative Sentiment: Insider J. Mehra Sachin sold 8,444 shares for approximately $4.87 million across August 19–20. Although the sales reduced his holdings, the use of a pre-arranged trading plan makes them a weaker bearish signal than discretionary selling. Mastercard insider trading filing

Analysts Set New Price Targets

MA has been the subject of a number of research analyst reports. Raymond James Financial reaffirmed an "outperform" rating and issued a $632.00 price target on shares of Mastercard in a report on Friday, July 31st. Truist Financial lifted their price target on Mastercard from $554.00 to $633.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Barclays boosted their price target on Mastercard from $640.00 to $660.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. UBS Group raised their price objective on Mastercard from $640.00 to $670.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Finally, TD Cowen lifted their target price on Mastercard from $664.00 to $667.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Five research 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 stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $661.93.

Insider Buying and Selling

In other Mastercard news, CEO Michael Miebach sold 16,628 shares of the company's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $567.68, for a total value of $9,439,383.04. Following the completion of the transaction, the chief executive officer owned 115,921 shares in the company, valued at approximately $65,806,033.28. This represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider J. Mehra Sachin sold 7,444 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the sale, the insider directly owned 40,916 shares in the company, valued at approximately $23,613,851.08. The trade was a 15.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,357 shares of company stock valued at $40,637,262 in the last ninety days. Company insiders own 0.09% of the company's stock.

About Mastercard

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.

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