M&T Bank Corp Purchases 10,379 Shares of Mastercard Incorporated $MA

Key Points

• M&T Bank Corp increased its Mastercard stake by 2.7% in Q4, buying 10,379 shares to own 398,166 shares valued at about $227.3 million, making MA its 27th largest holding (~0.7% of the portfolio).
• Mastercard beat Q1 expectations with $4.60 EPS vs. $4.41 estimates and revenue of $8.40B (+15.8% YoY), announced a $0.87 quarterly dividend, and retains broad analyst support with a consensus "Buy" and an average target near $657.
• Institutional ownership is very high (97.28%), and major managers—State Street, Vanguard and Assenagon—were among those materially increasing their Mastercard positions during recent quarters.

M&T Bank Corp increased its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 2.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 398,166 shares of the credit services provider's stock after acquiring an additional 10,379 shares during the quarter. Mastercard comprises approximately 0.7% of M&T Bank Corp's investment portfolio, making the stock its 27th biggest holding. M&T Bank Corp's holdings in Mastercard were worth $227,305,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its holdings in Mastercard by 2.8% during the 3rd 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 during the period. Vanguard Group Inc. lifted its stake in Mastercard by 1.2% in the third quarter. Vanguard Group Inc. now owns 79,431,340 shares of the credit services provider's stock valued at $45,181,341,000 after buying an additional 955,533 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Mastercard by 792.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 865,523 shares of the credit services provider's stock valued at $494,110,000 after buying an additional 768,514 shares in the last quarter. Capital Research Global Investors lifted its stake in Mastercard by 6.5% in the third quarter. Capital Research Global Investors now owns 10,347,834 shares of the credit services provider's stock valued at $5,885,944,000 after buying an additional 629,941 shares in the last quarter. Finally, Danske Bank A S bought a new position in Mastercard in the third quarter valued at approximately $245,980,000. Institutional investors own 97.28% of the company's stock.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q1 results beat expectations — Mastercard reported stronger-than-expected revenue and EPS, with revenue up ~16% YoY and margin/ROE remaining robust; that underpins the company’s earnings momentum. Read More.
• Positive Sentiment: MoonPay will issue a virtual Mastercard debit card to let AI agents and users spend stablecoins anywhere Mastercard is accepted — expands crypto-to-fiat flows across the Mastercard network and creates incremental payment volume. Read More.
• Positive Sentiment: Partnerships and product wins (Stripe integration, Wizard, Wells Fargo B2B efforts) reinforce Mastercard’s push into agentic commerce, tokenization and B2B card adoption — supports medium-term volume and fee growth. Read More.
• Positive Sentiment: Industry commentary highlights secular upside — analysts’ average price targets imply material upside and some firms have raised FY estimates, signaling continued analyst confidence in long-term growth. Read More.
• Neutral Sentiment: Earnings call materials and transcripts are available for deeper read‑throughs on guidance and segment trends — useful for investors assessing sustainability of cross‑border and value‑added services growth. Read More.
• Negative Sentiment: Royal Bank of Canada trimmed its price target from $656 to $629 (still Outperform) — a downgrade in the target can prompt short-term selling even if the rating remains positive. Read More.
• Negative Sentiment: Susquehanna modestly lowered its target (from $670 to $665) — another target adjustment that may increase near-term volatility despite a positive stance. Read More.
• Negative Sentiment: Market reaction: several outlets note the stock fell despite earnings — suggests investor focus on valuation, buyback timing, margin pressure from rising expenses, or simply profit‑taking after recent gains. Read More.

Mastercard Stock Performance

Shares of MA stock opened at $495.78 on Monday. The company's fifty day simple moving average is $506.73 and its 200-day simple moving average is $535.86. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The firm has a market cap of $442.14 billion, a PE ratio of 28.69, a P/E/G ratio of 1.59 and a beta of 0.76. Mastercard Incorporated has a 12 month low of $480.50 and a 12 month high of $601.77.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping analysts' consensus estimates of $4.41 by $0.19. The business had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm's revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.73 earnings per share. Equities research analysts expect that Mastercard Incorporated will post 19.54 EPS for the current fiscal year.

Mastercard Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Thursday, April 9th will be given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 9th. Mastercard's payout ratio is currently 20.14%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on MA shares. Morgan Stanley reaffirmed an "overweight" rating and issued a $679.00 price target on shares of Mastercard in a research note on Friday. Dbs Bank raised shares of Mastercard to a "moderate buy" rating in a research note on Friday, March 27th. Compass Point raised shares of Mastercard from a "neutral" rating to a "buy" rating and lifted their price target for the company from $620.00 to $735.00 in a research note on Tuesday, January 13th. BNP Paribas Exane raised shares of Mastercard from a "neutral" rating to an "outperform" rating and set a $600.00 price target on the stock in a research note on Thursday, March 19th. Finally, TD Cowen reaffirmed a "buy" rating on shares of Mastercard in a research note on Tuesday, March 17th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $657.07.

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.

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.