Channing Global Advisors LLC Sells 2,499 Shares of Mastercard Incorporated $MA

Key Points

• Channing Global Advisors reduced its Mastercard stake by 36.3% in the second quarter, selling 2,499 shares and retaining 4,377 shares worth approximately $2.25 million. Institutional investors still own 97.28% of Mastercard’s stock.
• Mastercard reported strong quarterly results, with EPS of $5.04 and revenue of $9.28 billion, up 14.1% year over year and above analyst expectations. The company also maintains a quarterly dividend of $0.87 per share, equating to a 0.6% yield.
• Analysts remain broadly positive, with a consensus “Buy” rating and an average price target of $661.93 versus the reported share price of $574.33. Mastercard is also pursuing opportunities in AI-driven payments through the Agentic Payments Alliance.

Channing Global Advisors LLC lessened its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 36.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,377 shares of the credit services provider's stock after selling 2,499 shares during the quarter. Mastercard accounts for about 1.2% of Channing Global Advisors LLC's investment portfolio, making the stock its 19th biggest holding. Channing Global Advisors LLC's holdings in Mastercard were worth $2,248,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Mastercard by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider's stock valued at $45,612,087,000 after purchasing an additional 466,514 shares during the period. J. Stern & Co. LLP boosted its position 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 buying an additional 72,461,743 shares during the period. State Street Corp grew 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 worth $20,807,283,000 after buying an additional 997,536 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Mastercard by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 20,686,605 shares of the credit services provider's stock worth $11,773,153,000 after buying an additional 349,369 shares in the last quarter. Finally, Capital International Investors raised its position in Mastercard by 4.4% in the 4th quarter. Capital International Investors now owns 17,964,658 shares of the credit services provider's stock valued at $10,256,368,000 after buying an additional 759,584 shares during the last quarter. Institutional investors own 97.28% of the company's stock.

Insider Activity

In other Mastercard news, insider J. Mehra Sachin sold 7,444 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $577.13, for a total value of $4,296,155.72. Following the transaction, the insider directly owned 40,916 shares in the company, valued at $23,613,851.08. The trade was a 15.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Pistecchia Kirkpatrick sold 4,280 shares of the stock in a transaction dated Tuesday, August 4th. The shares were 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 directly owned 31,179 shares in the company, valued at $17,781,695.49. The trade was a 12.07% decrease in their ownership of the stock. 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 sold 71,357 shares of company stock valued at $40,637,262. 0.09% of the stock is owned by company insiders.

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

Mastercard Price Performance

Shares of NYSE MA opened at $574.33 on Friday. 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's 50 day moving average price is $536.98 and its two-hundred day moving average price is $517.63. The company 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. 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 released its quarterly earnings data 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 analysts' expectations of $9.08 billion. During the same period last year, the firm posted $4.15 earnings per share. The business's revenue was up 14.1% on a year-over-year basis. On average, analysts predict that Mastercard Incorporated will post 19.86 EPS for the current year.

Mastercard Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard's dividend payout ratio (DPR) is currently 19.14%.

Analysts Set New Price Targets

MA has been the topic of several research reports. Wall Street Zen cut Mastercard from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. Susquehanna lowered their price objective on shares of Mastercard from $670.00 to $665.00 and set a "positive" rating on the stock in a report on Friday, May 1st. Keefe, Bruyette & Woods lifted their price objective on shares of Mastercard from $665.00 to $685.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Royal Bank Of Canada boosted their price objective on shares of Mastercard from $629.00 to $642.00 and gave the stock an "outperform" rating in a research report on Friday, July 31st. Finally, Truist Financial increased their target price on shares of Mastercard from $554.00 to $633.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. 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 company. According to data from MarketBeat.com, Mastercard currently has an average rating of "Buy" and a consensus price target of $661.93.

Mastercard 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.

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