Partners Wealth Management LLC Buys 1,679 Shares of Mastercard Incorporated $MA

Key Points

• Partners Wealth Management increased its Mastercard stake by 358% in the third quarter, buying 1,679 additional shares to own 2,148 shares valued at approximately $1.19 million. Institutional investors collectively own 97.28% of Mastercard.
• Mastercard delivered stronger-than-expected third-quarter results: adjusted EPS was $5.31 versus the $5.17 consensus, while revenue rose 14% year over year to $9.81 billion. Purchase volume, cross-border volume and value-added services also posted solid growth.
• Analyst sentiment remains positive, but risks persist. Multiple firms raised their price targets, contributing to a “Moderate Buy” consensus and $698.36 average target, while insiders sold shares, a proposed UK lawsuit poses legal risk, and operating cash flow declined 6% over nine months.

Partners Wealth Management LLC increased its stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 358.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,148 shares of the credit services provider's stock after buying an additional 1,679 shares during the period. Partners Wealth Management LLC's holdings in Mastercard were worth $1,185,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. State Street Corp boosted its stake in Mastercard by 1.3% in the second quarter. State Street Corp now owns 36,964,305 shares of the credit services provider's stock valued at $18,984,867,000 after acquiring an additional 486,283 shares during the last quarter. Jennison Associates LLC increased its stake in shares of Mastercard by 10.4% during 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 during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Mastercard by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider's stock worth $2,111,216,000 after purchasing an additional 42,871 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Mastercard by 17.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider's stock worth $1,831,763,000 after purchasing an additional 554,366 shares during the last quarter. Finally, Amundi raised its holdings in shares of Mastercard by 5.8% in the 2nd quarter. Amundi now owns 3,626,416 shares of the credit services provider's stock worth $1,862,527,000 after purchasing an additional 199,424 shares during the period. Institutional investors own 97.28% of the company's stock.

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the sale, the insider owned 31,179 shares in the company, valued at $17,781,695.49. This represents a 12.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 3,266 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $584.00, for a total value of $1,907,344.00. Following the sale, the insider owned 36,650 shares in the company, valued at approximately $21,403,600. This represents a 8.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 56,048 shares of company stock worth $32,527,203. Company insiders own 0.09% of the company's stock.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q3 results exceeded expectations: Mastercard reported adjusted earnings of $5.31 per share versus the $5.17 consensus, while revenue rose 14% year over year to $9.81 billion, ahead of the $9.66 billion estimate. Net income increased 18% to approximately $4.6 billion. Reuters earnings article
• Positive Sentiment: Payment activity and services remained strong: Purchase volume rose 9%, cross-border volume increased 11%, and switched transactions grew 9% on a local-currency basis. Value-added services revenue advanced 19%, supported by fraud prevention, data and marketing offerings, while the adjusted operating margin reached 60.5%.
• Positive Sentiment: Analyst sentiment improved materially: TD Cowen, Wells Fargo, RBC, Barclays, Keefe, Bruyette & Woods and Susquehanna all raised their price targets, with targets ranging from $700 to $750 and ratings including “buy,” “overweight” and “outperform.” Analysts also highlighted Mastercard’s potential in AI commerce, tokenized payments and stablecoins. Zacks earnings call article
• Neutral Sentiment: Mastercard continues expanding its payments ecosystem through partnerships involving Google Pay, pay-by-bank services, co-branded cards and agentic commerce. These initiatives could support long-term transaction growth, although their near-term financial contribution is uncertain.
• Negative Sentiment: Investors face legal and financial risks. A proposed £5 billion UK collective lawsuit alleges Mastercard’s interchange fees harmed merchants. Separately, nine-month operating cash flow declined 6%, while buybacks and dividends exceeded operating cash flow and debt increased by roughly $4.9 billion. UK lawsuit article

Mastercard Price Performance

MA opened at $638.50 on Friday. The firm has a 50-day moving average price of $586.79 and a 200-day moving average price of $536.21. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $644.24. The company has a quick ratio of 1.06, a current ratio of 1.01 and a debt-to-equity ratio of 3.29. The company has a market capitalization of $559.33 billion, a price-to-earnings ratio of 33.39, a PEG ratio of 1.81 and a beta of 0.76.

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. The company had revenue of $9.81 billion for the quarter, compared to analysts' expectations of $9.66 billion. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. Mastercard's revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the company posted $4.38 EPS. Equities analysts expect that Mastercard Incorporated will post 19.91 EPS for the current year.

Mastercard Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, October 9th. Mastercard's payout ratio is currently 18.20%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. BMO Capital Markets reiterated an "outperform" rating and issued a $665.00 price objective on shares of Mastercard in a research note on Thursday, October 15th. Susquehanna raised their target price on Mastercard from $665.00 to $740.00 and gave the stock a "positive" rating in a research report on Friday. Cantor Fitzgerald raised their target price on Mastercard from $650.00 to $695.00 and gave the stock an "overweight" rating in a research report on Monday, August 3rd. Truist Financial boosted their target price on Mastercard from $633.00 to $674.00 and gave the company a "buy" rating in a research note on Friday, October 23rd. Finally, Argus upped their price target on Mastercard from $640.00 to $694.00 and gave the company a "buy" rating in a research report on Friday. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Mastercard presently has a consensus rating of "Moderate Buy" and a consensus target price of $698.36.

Mastercard Company 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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