Sawyer & Company Inc Purchases 7,077 Shares of Mastercard Incorporated $MA

Sawyer & Company Inc purchased a new position in shares of Mastercard Incorporated (NYSE:MA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 7,077 shares of the credit services provider’s stock, valued at approximately $3,903,000. Mastercard comprises approximately 1.3% of Sawyer & Company Inc’s portfolio, making the stock its 24th biggest holding.

A number of other hedge funds have also recently modified their holdings of the business. Fundsmith LLP bought a new position in Mastercard in the 2nd quarter worth $639,458,000. Corient Private Wealth LP lifted its position in Mastercard by 147.2% during the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider’s stock valued at $863,969,000 after purchasing an additional 1,001,671 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Mastercard by 295.8% during the second quarter. Assenagon Asset Management S.A. now owns 860,011 shares of the credit services provider’s stock valued at $441,702,000 after purchasing an additional 642,724 shares during the period. SEB Asset Management AB bought a new stake in Mastercard during the first quarter valued at about $293,574,000. Finally, Soroban Capital Partners LP grew its holdings in Mastercard by 30.5% during the first quarter. Soroban Capital Partners LP now owns 2,464,499 shares of the credit services provider’s stock valued at $1,231,412,000 after purchasing an additional 575,412 shares during the period. Institutional investors own 97.28% of the company’s stock.

Insider Transactions at Mastercard

In related news, insider Linda Kirkpatrick sold 4,280 shares of Mastercard stock in a transaction that occurred 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 of the company’s stock, valued at approximately $17,781,695.49. This trade represents a 12.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra 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 value 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 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 90 days, insiders have sold 72,676 shares of company stock valued at $41,966,586. 0.09% of the stock is owned by corporate insiders.

Mastercard Stock Up 0.3%

MA opened at $622.28 on Thursday. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $624.66. The firm’s fifty day moving average is $579.52 and its 200 day moving average is $537.92. The stock has a market cap of $545.13 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping the consensus estimate of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The company had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter in the prior year, the firm posted $4.15 EPS. Mastercard’s quarterly revenue was up 14.1% compared to the same quarter last year. On average, sell-side analysts forecast that Mastercard Incorporated will post 19.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be given a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, October 9th. Mastercard’s payout ratio is presently 19.14%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Royal Bank Of Canada upped their price target on Mastercard from $642.00 to $696.00 and gave the stock an “outperform” rating in a research report on Monday, August 31st. Cantor Fitzgerald lifted their price objective on Mastercard from $650.00 to $695.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and set a $701.00 price objective (up from $674.00) on shares of Mastercard in a research note on Thursday, July 30th. Bank of America increased their target price on shares of Mastercard from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Finally, Piper Sandler increased their target price on shares of Mastercard from $597.00 to $710.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $682.66.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard launched its Global Money Platform with BVNK, enabling businesses to hold, convert and spend stablecoins alongside traditional currencies. The platform could create additional cross-border payment volume and strengthen Mastercard’s position as digital assets become integrated with mainstream commerce. Mastercard BVNK stablecoin platform
• Positive Sentiment: The company introduced Stablecoin Security, an API that screens transactions for fraud, scams and sanctions exposure before funds move on-chain. The product may reduce banks’ compliance concerns and provide Mastercard with a new risk-management revenue stream while supporting broader stablecoin adoption. Mastercard stablecoin security
• Positive Sentiment: Mastercard is opening developer APIs and demonstrating agent-pay capabilities that allow AI software to make multiple merchant payments within an approved budget. The initiative positions the network to capture emerging autonomous-commerce transactions and builds on the company’s data and AI capabilities. Mastercard AI agent payments
• Neutral Sentiment: Analysts and financial commentators view Mastercard as a high-quality compounder that may still be reasonably valued: shares trade at about 33.4 times earnings versus a recent 12-quarter average of 34.8 times. However, comparative value coverage of Corpay and Mastercard suggests investors are weighing MA’s stronger growth and margins against its higher valuation. Is the market underpricing Mastercard
• Negative Sentiment: Mastercard’s CFO Ling Hai sold 4,317 shares worth approximately $2.7 million under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction limits its significance, but it remains a modest negative sentiment factor while the stock trades near record levels.
• Negative Sentiment: With MA valued at roughly 33 times earnings and near its 52-week high, expectations remain elevated. Investors will likely require continued strong execution after the latest quarter’s 14.1% revenue growth and earnings beat to justify further multiple expansion.

Mastercard 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.