Bogart Wealth LLC Increases Position in Mastercard Incorporated $MA

Bogart Wealth LLC boosted its position in Mastercard Incorporated (NYSE:MA - Free Report) by 23.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,896 shares of the credit services provider's stock after acquiring an additional 5,157 shares during the quarter. Bogart Wealth LLC's holdings in Mastercard were worth $13,814,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MA. J. Stern & Co. LLP lifted its position in Mastercard by 53,535.0% in the 4th quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider's stock worth $41,444,231,000 after buying an additional 72,461,743 shares during the last quarter. Norges Bank bought a new position in Mastercard during the fourth quarter valued at approximately $6,705,708,000. Cardano Risk Management B.V. grew its position in Mastercard by 861.6% during the fourth quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider's stock valued at $2,324,743,000 after acquiring an additional 3,648,748 shares during the last quarter. State Street Corp raised its stake 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 worth $20,807,283,000 after acquiring an additional 997,536 shares in the last quarter. Finally, Cibc World Markets Corp purchased a new position in shares of Mastercard during the fourth quarter worth approximately $497,311,000. Hedge funds and other institutional investors own 97.28% of the company's stock.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard reported approximately 15% revenue growth, supported by expanding payment volume and cross-border transactions. The results reinforce the company’s ability to grow its core payments business and help explain the stock’s recent strength. Mastercard Stock Rises 2% as Investors Favor Payment Growth
• Positive Sentiment: Mastercard and Visa are joining Rain to develop standards for “agentic” payments, in which artificial-intelligence systems could make transactions on behalf of users. The initiative positions Mastercard in a potential long-term growth area as commerce becomes increasingly automated. Rain, Visa, Mastercard form agentic AI standards group
• Positive Sentiment: Mastercard’s acquisition of stablecoin company BVNK is drawing attention after Visa reportedly began searching for another stablecoin settlement partner. The development may signal growing strategic importance for Mastercard’s blockchain and digital-asset capabilities. Visa Seeks New Stablecoin Partner Following Mastercard-BVNK Deal
• Positive Sentiment: Mastercard is expanding digital-payment services in Africa through its relationship with Teamapt, while management is also highlighting cybersecurity and machine-to-machine payments as major future opportunities. These initiatives broaden Mastercard’s addressable market beyond traditional card transactions. Mastercard, Teamapt Set to Expand Digital Payments Across Africa Mastercard CEO: Cybersecurity Is Our Fastest-Growing Business
• Neutral Sentiment: Mastercard named Yasemin Bedir to lead its EEMEA region, and a separate report highlighted plans related to its 2027 global chargeback program. These developments may affect regional execution and operating processes but do not provide a clear near-term earnings catalyst. Who Is Yasemin Bedir, Mastercard’s New Head of the EEMEA Region?
• Negative Sentiment: The recent Pershing Square endorsement has lost momentum, while Mastercard trades near 31 times trailing earnings. Investors may therefore be more sensitive to any slowdown or disappointment despite the company’s strong growth profile. Mastercard Stock Slips as Ackman Rally Loses Momentum

Mastercard Stock Performance

NYSE:MA opened at $574.74 on Wednesday. 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 firm's fifty day simple moving average is $533.51 and its 200 day simple moving average is $517.16. The stock has a market cap of $503.47 billion, a P/E ratio of 31.61, a price-to-earnings-growth ratio of 1.71 and a beta of 0.71. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $601.77.

Mastercard (NYSE:MA - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $9.08 billion. During the same period in the prior year, the business earned $4.15 EPS. The company's revenue for the quarter was up 14.1% on a year-over-year basis. As a group, research analysts predict that Mastercard Incorporated will post 19.86 EPS for the current year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Thursday, July 9th were paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 9th. Mastercard's dividend payout ratio is presently 19.14%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MA. TD Cowen upped their price objective on shares of Mastercard from $664.00 to $667.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Weiss Ratings upgraded shares of Mastercard from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. BMO Capital Markets initiated coverage on shares of Mastercard in a research note on Tuesday, April 21st. They issued an "outperform" rating and a $605.00 price target for the company. Truist Financial upped their price target on shares of Mastercard from $554.00 to $633.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen cut Mastercard from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. Five analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $661.93.

Insider Buying and Selling

In other Mastercard news, insider Sandra A. Arkell sold 200 shares of the firm's stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $540.00, for a total value of $108,000.00. Following the completion of the sale, the insider directly owned 3,322 shares in the company, valued at $1,793,880. This trade represents a 5.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 16,628 shares of Mastercard stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 115,921 shares in the company, valued at approximately $65,806,033.28. The trade was a 12.54% 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 sold 62,913 shares of company stock valued at $35,769,036 over the last quarter. 0.09% of the stock is currently owned by insiders.

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.

Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MA - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source