Mastercard Incorporated $MA Stock Sold by Obermeyer Wealth Partners

Key Points

• Obermeyer Wealth Partners reduced its Mastercard stake by 1.9% in the third quarter, selling 2,258 shares and retaining 114,662 shares valued at approximately $63.2 million. Institutional investors and hedge funds collectively own 97.28% of the company.
• Analysts remain broadly bullish, with Mastercard receiving a “Moderate Buy” consensus rating and an average price target of $682.66. Recent quarterly results exceeded expectations, including $5.04 in EPS, $9.28 billion in revenue, and 14.1% year-over-year revenue growth.
• Mastercard shares opened at $622.28, near their 52-week high of $624.66, while insiders—including the CFO—sold shares under pre-arranged Rule 10b5-1 plans. The company also declared a quarterly dividend of $0.87 per share, equivalent to a 0.6% annualized yield.

Obermeyer Wealth Partners trimmed its stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 1.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 114,662 shares of the credit services provider's stock after selling 2,258 shares during the quarter. Mastercard comprises 2.5% of Obermeyer Wealth Partners' holdings, making the stock its 16th biggest position. Obermeyer Wealth Partners' holdings in Mastercard were worth $63,233,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MA. State Street Corp grew its stake in shares of Mastercard by 1.3% in the 2nd quarter. State Street Corp now owns 36,964,305 shares of the credit services provider's stock worth $18,984,867,000 after purchasing an additional 486,283 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Mastercard by 10.4% in the 1st quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider's stock worth $2,559,779,000 after purchasing an additional 480,725 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Mastercard by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider's stock valued at $2,111,216,000 after purchasing an additional 42,871 shares during the last quarter. Amundi lifted its stake in Mastercard by 5.8% during the second quarter. Amundi now owns 3,626,416 shares of the credit services provider's stock valued at $1,862,527,000 after purchasing an additional 199,424 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Mastercard by 17.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider's stock valued at $1,831,763,000 after purchasing an additional 554,366 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MA has been the topic of several recent research reports. Weiss Ratings upgraded shares of Mastercard from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, October 2nd. Rothschild & Co Redburn dropped their price target on Mastercard from $710.00 to $688.00 and set a "buy" rating on the stock in a report on Wednesday, September 2nd. UBS Group increased their price objective on Mastercard from $640.00 to $670.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Evercore raised their price objective on Mastercard from $550.00 to $620.00 in a research note on Friday, July 31st. Finally, BMO Capital Markets restated an "outperform" rating and issued a $665.00 target price on shares of Mastercard in a report on Thursday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $682.66.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard launched its Global Money Platform with BVNK, enabling businesses to hold, convert and spend stablecoins alongside traditional currencies. The platform could create additional cross-border payment volume and strengthen Mastercard’s position as digital assets become integrated with mainstream commerce. Mastercard BVNK stablecoin platform
• Positive Sentiment: The company introduced Stablecoin Security, an API that screens transactions for fraud, scams and sanctions exposure before funds move on-chain. The product may reduce banks’ compliance concerns and provide Mastercard with a new risk-management revenue stream while supporting broader stablecoin adoption. Mastercard stablecoin security
• Positive Sentiment: Mastercard is opening developer APIs and demonstrating agent-pay capabilities that allow AI software to make multiple merchant payments within an approved budget. The initiative positions the network to capture emerging autonomous-commerce transactions and builds on the company’s data and AI capabilities. Mastercard AI agent payments
• Neutral Sentiment: Analysts and financial commentators view Mastercard as a high-quality compounder that may still be reasonably valued: shares trade at about 33.4 times earnings versus a recent 12-quarter average of 34.8 times. However, comparative value coverage of Corpay and Mastercard suggests investors are weighing MA’s stronger growth and margins against its higher valuation. Is the market underpricing Mastercard
• Negative Sentiment: Mastercard’s CFO Ling Hai sold 4,317 shares worth approximately $2.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction limits its significance, but it remains a modest negative sentiment factor while the stock trades near record levels.
• Negative Sentiment: With MA valued at roughly 33 times earnings and near its 52-week high, expectations remain elevated. Investors will likely require continued strong execution after the latest quarter’s 14.1% revenue growth and earnings beat to justify further multiple expansion.

Insider Activity

In other Mastercard news, Director Julius Genachowski sold 370 shares of the company's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $590.21, for a total value of $218,377.70. Following the transaction, the director directly owned 8,237 shares of the company's stock, valued at $4,861,559.77. This represents a 4.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 firm's stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $620.00, for a total value of $2,676,540.00. Following the sale, the chief financial officer directly owned 35,750 shares of the company's stock, valued at $22,165,000. This trade represents 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. In the last quarter, insiders have sold 72,676 shares of company stock valued at $41,966,586. 0.09% of the stock is currently owned by company insiders.

Mastercard Price Performance

NYSE MA opened at $622.28 on Thursday. The company has a 50 day simple moving average of $579.52 and a 200-day simple moving average of $537.92. 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 firm has a market capitalization of $545.13 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $624.66.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating 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 firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same period in the previous year, the firm posted $4.15 earnings per share. The firm's revenue was up 14.1% on a year-over-year basis. Equities research analysts predict that Mastercard Incorporated will post 19.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard's dividend payout ratio (DPR) is presently 19.14%.

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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