Channing Global Advisors LLC Sells 2,499 Shares of Mastercard Incorporated $MA

Channing Global Advisors LLC trimmed its position in Mastercard Incorporated (NYSE:MA) by 36.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,377 shares of the credit services provider’s stock after selling 2,499 shares during the quarter. Mastercard accounts for 1.2% of Channing Global Advisors LLC’s holdings, making the stock its 19th biggest holding. Channing Global Advisors LLC’s holdings in Mastercard were worth $2,248,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Robinswood Financial LLC acquired a new position in shares of Mastercard in the first quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. raised its stake in Mastercard by 820.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after purchasing an additional 41 shares in the last quarter. Strive Financial Group LLC acquired a new stake in Mastercard in the 4th quarter worth about $27,000. Hyposwiss Advisors SA bought a new stake in Mastercard in the 4th quarter valued at about $29,000. Finally, First Pacific Financial grew its position in shares of Mastercard by 113.8% during the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Insider Activity

In other news, insider Sandra A. Arkell sold 200 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $540.00, for a total value of $108,000.00. Following the completion of the transaction, the insider owned 3,322 shares of the company’s stock, valued at approximately $1,793,880. This represents a 5.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider J. Mehra Sachin sold 7,444 shares of Mastercard stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the sale, the insider directly owned 40,916 shares in the company, valued at $23,613,851.08. This trade represents a 15.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 71,357 shares of company stock valued at $40,637,262. Corporate insiders own 0.09% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MA. Royal Bank Of Canada raised their target price on shares of Mastercard from $629.00 to $642.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and set a $632.00 price target on shares of Mastercard in a research report on Friday, July 31st. Truist Financial raised their price objective on Mastercard from $554.00 to $633.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. TD Cowen upped their target price on Mastercard from $664.00 to $667.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Wall Street Zen cut Mastercard from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Five analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $661.93.

Mastercard Trading Up 0.1%

Shares of MA stock opened at $574.33 on Friday. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $601.77. The stock’s fifty day moving average price is $536.98 and its two-hundred day moving average price is $517.63. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $503.12 billion, a PE ratio of 31.59, a P/E/G ratio of 1.72 and a beta of 0.72.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The company had revenue of $9.28 billion during the quarter, compared to analysts’ expectations of $9.08 billion. During the same quarter in the previous year, the firm earned $4.15 EPS. Mastercard’s revenue was up 14.1% on a year-over-year basis. Equities analysts predict that Mastercard Incorporated will post 19.86 EPS for the current fiscal year.

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.87 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s payout ratio is presently 19.14%.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is participating in the Agentic Payments Alliance with Rain, Visa and other industry players. The group aims to establish standards for AI agents that can conduct purchases, potentially creating new transaction volumes and strengthening Mastercard’s role in emerging digital payments. Rain forms agentic payments alliance with Visa, Mastercard and other players
• Positive Sentiment: Chief Executive Officer Michael Miebach discussed how Mastercard is preparing for a future in which AI agents shop on behalf of consumers. The strategy could help the company capture payments from a rapidly developing technology trend. How Mastercard CEO is preparing for a world where AI agents do the shopping
• Positive Sentiment: A recent investor analysis highlighted Mastercard’s stable growth outlook, supported by expanding payment volume, cross-border transactions and strong profitability. Stable Growth Trajectory Positions Mastercard for Strong Returns
• Neutral Sentiment: Mastercard appointed Yasemin Bedir as president of its Eastern Europe, Middle East and Africa region. The leadership change could support regional expansion, but its near-term financial impact is unclear. Mastercard appoints Yasemin Bedir as EEMEA president
• Negative Sentiment: Insider J. Mehra Sachin sold 8,444 shares for approximately $4.87 million across August 19–20. Although the sales reduced his holdings, the use of a pre-arranged trading plan makes them a weaker bearish signal than discretionary selling. Mastercard insider trading filing

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.