Sumitomo Mitsui DS Asset Management Company Ltd Increases Holdings in Mastercard Incorporated $MA

Key Points

• Sumitomo Mitsui DS Asset Management raised its stake in Mastercard by 1.8% in Q4, adding 2,149 shares to hold 119,424 shares valued at about $68.18 million.
• Mastercard delivered a Q1 beat, reporting $4.60 EPS vs. $4.41 expected and $8.40 billion in revenue (up 15.8% y/y), and declared a $0.87 quarterly dividend (annualized $3.48, ~0.7% yield).
• Institutional ownership is 97.28%, with large funds (Vanguard, State Street, Assenagon, Capital Research) increasing positions and analysts maintaining a consensus "Buy" with a ~$657 price target despite some trimmed estimates.

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 119,424 shares of the credit services provider's stock after acquiring an additional 2,149 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Mastercard were worth $68,177,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MA. State Street Corp boosted its position 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 valued at $20,807,283,000 after acquiring an additional 997,536 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Mastercard by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 79,431,340 shares of the credit services provider's stock worth $45,181,341,000 after purchasing an additional 955,533 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Mastercard by 792.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 865,523 shares of the credit services provider's stock worth $494,110,000 after purchasing an additional 768,514 shares in the last quarter. Capital Research Global Investors boosted its position in shares of Mastercard by 6.5% in the 3rd quarter. Capital Research Global Investors now owns 10,347,834 shares of the credit services provider's stock worth $5,885,944,000 after purchasing an additional 629,941 shares in the last quarter. Finally, PFA Pension Forsikringsaktieselskab bought a new position in Mastercard in the 4th quarter valued at approximately $289,353,000. 97.28% of the stock is owned by institutional investors.

Mastercard Stock Down 1.5%

MA opened at $497.17 on Wednesday. The firm has a 50-day simple moving average of $506.16 and a two-hundred day simple moving average of $535.39. Mastercard Incorporated has a 52 week low of $480.50 and a 52 week high of $601.77. The company has a market capitalization of $443.38 billion, a PE ratio of 28.77, a price-to-earnings-growth ratio of 1.58 and a beta of 0.76. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating the consensus estimate of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The business had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same quarter in the prior year, the firm earned $3.73 EPS. The business's revenue was up 15.8% on a year-over-year basis. Analysts forecast that Mastercard Incorporated will post 19.58 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

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

Wall Street Analysts Forecast Growth

MA has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their price objective on Mastercard from $685.00 to $655.00 and set an "overweight" rating on the stock in a research report on Friday, January 30th. Royal Bank Of Canada decreased their target price on shares of Mastercard from $656.00 to $629.00 and set an "outperform" rating for the company in a research note on Friday, May 1st. Evercore reiterated a "negative" rating on shares of Mastercard in a research note on Tuesday, March 17th. Macquarie Infrastructure upped their price objective on Mastercard from $660.00 to $675.00 and gave the stock an "outperform" rating in a research note on Friday, January 30th. Finally, Citigroup reduced their price objective on Mastercard from $735.00 to $675.00 and set a "buy" rating for the company in a research note on Tuesday, April 14th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $657.07.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Morgan Stanley raised its price target (to $679) and reiterated an Overweight rating, signaling continued analyst confidence in Mastercard’s longer‑term growth despite recent market noise. Morgan Stanley Raises Mastercard (MA) Target; Raymond James Flags Near-Term Headwinds
• Positive Sentiment: Mastercard is expanding its digital‑asset and on‑chain payment capabilities (BVNK acquisition, partnerships with MoonPay, Rain, KuCoin) — a revenue/volume tail that could lift payment-related fees and open new rails for programs and tokenized payments. Mastercard Deepens Digital Asset Push With Stablecoin And AI Payment Rails
• Positive Sentiment: Mastercard took a strategic stake in Astrada’s $3.8M seed round, signaling direct investment in the data layer for “autonomous finance” and closer ties to fintech innovation that could feed future products and merchant services. Astrada Raises Seed Round to Build the Data Layer for Autonomous Finance
• Positive Sentiment: Rain’s expansion of a stablecoin card network with Mastercard shows growing partner adoption for stablecoin‑linked consumer payment options — reinforces Mastercard’s push into crypto payment rails. Rain expands stablecoin card network with Mastercard partnership
• Positive Sentiment: Buy-side commentary (24/7 Wall St.) highlights Mastercard as a top pick after a Q1 beat and a favorable longer‑term thesis, supporting potential upside if results and growth catalysts persist. Mastercard Is One Of Our Top Picks After Q1 Beat
• Neutral Sentiment: Industry commentary on agentic commerce and B2B late payments shows Mastercard is building infrastructure and product responses (AI agents, B2B payment controls), which are strategic positives but gradual revenue levers. Mastercard Targets the Hidden Cost of Late B2B Payments
• Neutral Sentiment: Fundamental writeups (Seeking Alpha) reiterate strong ROE, margin profile and diversification into high‑margin services — supportive but already reflected to some extent in consensus multiples. Mastercard And Its Real Value
• Negative Sentiment: Royal Bank of Canada trimmed its price target to $629, reflecting more cautious near‑term expectations which can pressure sentiment and limit upside. Royal Bank Of Canada Cuts Mastercard NYSE: MA Price Target to $629.00
• Negative Sentiment: Raymond James flagged near‑term headwinds (travel/cross‑border and macro sensitivity noted in analyst commentary), contributing to today’s weaker trading as investors mark risk to near‑term growth. Morgan Stanley Raises Mastercard (MA) Target; Raymond James Flags Near-Term Headwinds

About Mastercard

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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