Mastercard Incorporated $MA Shares Purchased by Tandem Investment Advisors Inc.

Tandem Investment Advisors Inc. grew its stake in Mastercard Incorporated (NYSE:MA) by 1.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,373 shares of the credit services provider’s stock after acquiring an additional 1,949 shares during the period. Mastercard accounts for about 4.0% of Tandem Investment Advisors Inc.’s investment portfolio, making the stock its 9th biggest position. Tandem Investment Advisors Inc.’s holdings in Mastercard were worth $116,818,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Mastercard by 1.2% during 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 buying an additional 931,132 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of 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 acquiring an additional 542,841 shares during the period. Laurel Wealth Advisors LLC boosted its holdings 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 valued at $7,541,880,000 after acquiring an additional 13,397,168 shares during the last quarter. Norges Bank acquired a new stake in Mastercard in the second quarter worth about $6,725,317,000. Finally, Massachusetts Financial Services Co. MA raised its holdings in Mastercard by 25.6% during 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 Mastercard News

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%

MA opened at $543.66 on Friday. The firm’s fifty day moving average is $554.59 and its two-hundred day moving average is $564.43. The firm has a market cap of $488.21 billion, a PE ratio of 34.76, a price-to-earnings-growth ratio of 1.76 and a beta of 0.86. Mastercard Incorporated has a twelve month low of $465.59 and a twelve month high of $601.77. The company has a debt-to-equity ratio of 2.40, a quick ratio of 1.12 and a current ratio of 1.12.

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

Mastercard Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on MA shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $739.00 target price on shares of Mastercard in a research note on Thursday. Citigroup raised shares of Mastercard to a “strong-buy” rating in a research note on Thursday, October 23rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $668.00 target price on shares of Mastercard in a report on Thursday. Evercore ISI set a $610.00 price target on Mastercard in a research note on Friday, December 12th. Finally, Morgan Stanley set a $665.00 price objective on Mastercard and gave the stock an “overweight” rating in a research note on Friday, October 31st. 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $662.63.

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.