Mastercard Incorporated $MA Holdings Lifted by Summit Global Investments

Summit Global Investments grew its holdings in shares of Mastercard Incorporated (NYSE:MA) by 14.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,610 shares of the credit services provider’s stock after buying an additional 2,795 shares during the period. Mastercard accounts for about 0.7% of Summit Global Investments’ investment portfolio, making the stock its 20th biggest holding. Summit Global Investments’ holdings in Mastercard were worth $12,292,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MA. Vanguard Group Inc. lifted its stake in shares of Mastercard by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 78,475,807 shares of the credit services provider’s stock worth $44,098,695,000 after acquiring an additional 931,132 shares during the period. Geode Capital Management LLC boosted its stake in Mastercard by 2.8% during the second quarter. Geode Capital Management LLC now owns 19,760,552 shares of the credit services provider’s stock valued at $11,062,509,000 after buying an additional 542,841 shares in the last quarter. Laurel Wealth Advisors LLC raised its position in Mastercard by 55,868.1% in the second quarter. Laurel Wealth Advisors LLC now owns 13,421,148 shares of the credit services provider’s stock worth $7,541,880,000 after acquiring an additional 13,397,168 shares in the last quarter. Norges Bank acquired a new stake in Mastercard in the 2nd quarter valued at about $6,725,317,000. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Mastercard by 25.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,372,404 shares of the credit services provider’s stock worth $3,580,909,000 after purchasing an additional 1,299,977 shares during the last quarter. 97.28% of the stock is owned by institutional investors.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q4 earnings topped expectations — EPS beat, GDV and cross‑border volumes were key drivers of topline and margin strength. Mastercard’s Q4 Earnings Beat on Strong GDV, Cross-Border Volume
• Positive Sentiment: Management laid out strategy beyond cards — investment in agentic commerce and stablecoins as alternative rails, signaling longer‑term revenue opportunities from new payment rails and value‑added services. Mastercard Leans Into Agentic Commerce and Stablecoins While Card Volumes Rise
• Positive Sentiment: Analyst support: Cantor Fitzgerald upgraded MA to a stronger rating, adding buy‑side momentum after the quarter. Cantor Fitzgerald upgrade via Zacks
• Neutral Sentiment: Full earnings call transcripts and highlights are available for detail on guidance and metric cadence (useful for modeling but not a surprise to the market). Mastercard Incorporated (MA) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Product mentions and card reviews (Forbes pieces) note Mastercard network adoption on new card products — relevant for network volume over time but not immediately market moving. MBNA True Line Mastercard Review
• Negative Sentiment: Mastercard will reduce roughly 4% of its global workforce after a business review — could be read as cost discipline (positive for margins) but introduces execution and morale risks. Mastercard to lay off 4% of its global workforce, CFO says
• Negative Sentiment: Valuation and sector‑risk commentary: some analysts and commentators say MA looks expensive, and broader payments/consumer‑spend headwinds or regulatory pressure could cap near‑term upside. Mastercard stock is expensive, but Q4 earnings still warrant a buy
• Negative Sentiment: Investor note on sector risks highlights macro and regulatory uncertainties that could amplify volatility for payments leaders despite strong fundamentals. Investor Outlook: Mastercard earnings underscore sector risks

Mastercard Trading Up 4.3%

Shares of NYSE MA opened at $543.66 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.40. Mastercard Incorporated has a one year low of $465.59 and a one year high of $601.77. The business has a 50-day moving average price of $554.59 and a two-hundred day moving average price of $564.43. The firm has a market capitalization of $488.21 billion, a PE ratio of 34.76, a PEG ratio of 1.76 and a beta of 0.86.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, January 29th. The credit services provider reported $4.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.21 by $0.55. Mastercard had a net margin of 45.28% and a return on equity of 202.03%. The business had revenue of $8.81 billion during the quarter, compared to analyst estimates of $8.80 billion. As a group, analysts predict that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 9th will be issued a dividend of $0.87 per share. The ex-dividend date is Friday, January 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. This is an increase from Mastercard’s previous quarterly dividend of $0.76. Mastercard’s dividend payout ratio is presently 22.25%.

Analysts Set New Price Targets

Several analysts recently commented on MA shares. Weiss Ratings reissued a “buy (b)” rating on shares of Mastercard in a research note on Thursday, January 22nd. Robert W. Baird upped their price target on Mastercard from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Wells Fargo & Company reissued an “overweight” rating and set a $668.00 price objective on shares of Mastercard in a research note on Thursday. Citigroup raised Mastercard to a “strong-buy” rating in a research report on Thursday, October 23rd. Finally, Cantor Fitzgerald upgraded Mastercard to a “strong-buy” rating in a research report on Tuesday. Five research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $662.63.

Mastercard Company 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.