Mastercard Incorporated $MA Stock: Provenance Wealth Advisors LLC Increases Position

Key Points

• Provenance Wealth Advisors increased its Mastercard stake by 708.8% in Q3, to 2,386 shares valued at about $1.316 million; institutional investors collectively own 97.28% of the company.
• Mastercard’s latest quarterly results beat expectations: EPS was $5.31 versus a $5.17 consensus, while revenue rose 14% year over year to $9.81 billion.
• Wall Street sentiment is broadly positive, with a “Moderate Buy” consensus rating and an average price target of $702.91.

Provenance Wealth Advisors LLC lifted its holdings in Mastercard Incorporated (NYSE:MA - Free Report) by 708.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,386 shares of the credit services provider's stock after acquiring an additional 2,091 shares during the period. Provenance Wealth Advisors LLC's holdings in Mastercard were worth $1,316,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MA. Fundsmith LLP purchased a new position in Mastercard in the 2nd quarter worth approximately $639,458,000. Corient Private Wealth LP boosted its stake 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 worth $863,969,000 after purchasing an additional 1,001,671 shares during the period. Assenagon Asset Management S.A. grew its holdings in Mastercard by 295.8% during 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 buying an additional 642,724 shares in the last quarter. SEB Asset Management AB purchased a new stake in Mastercard during the 1st quarter valued at approximately $293,574,000. Finally, Soroban Capital Partners LP grew its holdings in 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 valued at $1,231,412,000 after buying an additional 575,412 shares in the last quarter. Hedge funds and other institutional investors own 97.28% of the company's stock.

Mastercard Stock Performance

Mastercard stock opened at $671.85 on Thursday. The company's 50-day moving average price is $590.77 and its 200-day moving average price is $537.93. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $673.50. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29. The company has a market cap of $588.54 billion, a PE ratio of 35.14, a price-to-earnings-growth ratio of 1.83 and a beta of 0.78.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 EPS for the quarter, beating analysts' consensus estimates of $5.17 by $0.14. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The firm had revenue of $9.81 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter last year, the firm earned $4.38 EPS. The firm's revenue for the quarter was up 14.0% compared to the same quarter last year. On average, equities research analysts forecast that Mastercard Incorporated will post 19.99 EPS for the current fiscal year.

Mastercard Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard's dividend payout ratio (DPR) is presently 18.20%.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: An analyst upgrade helped lift sentiment, while recent post-earnings target increases—including UBS’s $750 and Cantor Fitzgerald’s $765 targets—signal confidence in Mastercard’s outlook. Report on analyst upgrade
• Positive Sentiment: Mastercard’s third-quarter results beat expectations: revenue rose 14% year over year to $9.81 billion, and EPS of $5.31 topped the $5.17 consensus. The results reinforce the company’s growth story. Q3 results and growth drivers
• Positive Sentiment: Mastercard is extending digital payment access in Morocco through Samsung Pay. Wider mobile-wallet availability could support transaction growth over time. Samsung Pay expansion in Morocco
• Positive Sentiment: New card offerings with Bank of Punjab in Pakistan and Safwa Islamic Bank expand Mastercard-linked products with regional partners, creating potential for additional card usage and payment volume. Bank of Punjab card launch Safwa Islamic Bank card launch
• Positive Sentiment: Bill Ackman praised Mastercard as a high-quality business, and analyst estimates cited in the article project normalized EPS growth of about 16% annually from 2026 to 2028. Ackman’s comments and growth estimates
• Neutral Sentiment: Mastercard introduced free cybersecurity training for European small businesses. The initiative may deepen business relationships, but its near-term financial contribution is unclear. Cybersecurity lessons for SMEs
• Negative Sentiment: CFO Ling Hai sold 4,317 shares, adding a modest insider-selling concern. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces the likelihood it reflects a new view on the company. CFO share sale

Insider Activity

In other Mastercard news, insider Sachin Mehra sold 3,266 shares of Mastercard stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total transaction of $1,907,344.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,317 shares of the company's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $641.00, for a total transaction of $2,767,197.00. Following the transaction, the chief financial officer owned 35,750 shares in the company, valued at $22,915,750. The trade was a 10.77% 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. Insiders sold 25,403 shares of company stock valued at $15,428,736 in the last ninety days. Insiders own 0.09% of the company's stock.

Wall Street Analysts Forecast Growth

MA has been the topic of several research analyst reports. BNP Paribas Exane boosted their target price on shares of Mastercard from $680.00 to $713.00 and gave the stock an "outperform" rating in a report on Friday, August 7th. Bank of America raised their target price on shares of Mastercard from $700.00 to $735.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Daiwa Securities Group lifted their price target on shares of Mastercard from $580.00 to $650.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Susquehanna lifted their price target on shares of Mastercard from $665.00 to $740.00 and gave the company a "positive" rating in a report on Friday, October 30th. Finally, Cantor Fitzgerald boosted their price target on shares of Mastercard from $695.00 to $765.00 and gave the stock an "overweight" rating in a research note on Friday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $702.91.

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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