Norris Perne & French LLP MI Has $16.83 Million Stock Holdings in Mastercard Incorporated $MA

Norris Perne & French LLP MI boosted its position in Mastercard Incorporated (NYSE:MA) by 135.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,762 shares of the credit services provider’s stock after buying an additional 18,873 shares during the period. Mastercard makes up approximately 1.0% of Norris Perne & French LLP MI’s portfolio, making the stock its 23rd biggest position. Norris Perne & French LLP MI’s holdings in Mastercard were worth $16,827,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. J. Stern & Co. LLP grew its stake in Mastercard by 53,535.0% in the fourth quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock valued at $41,444,231,000 after acquiring an additional 72,461,743 shares during the period. Norges Bank bought a new stake in shares of Mastercard during the fourth quarter valued at approximately $6,705,708,000. Cardano Risk Management B.V. raised its position in shares of Mastercard by 861.6% during the fourth quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider’s stock worth $2,324,743,000 after purchasing an additional 3,648,748 shares during the period. State Street Corp raised its position in shares of Mastercard by 2.8% during the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock worth $20,807,283,000 after purchasing an additional 997,536 shares during the period. Finally, Cibc World Markets Corp bought a new position in shares of Mastercard in the 4th quarter worth $497,311,000. 97.28% of the stock is owned by institutional investors and hedge funds.

Mastercard Stock Up 0.4%

MA stock opened at $569.05 on Friday. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $601.77. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. The stock’s 50 day moving average is $530.35 and its 200-day moving average is $516.55. The firm has a market capitalization of $498.49 billion, a PE ratio of 31.30, a P/E/G ratio of 1.70 and a beta of 0.72.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $9.08 billion. During the same quarter in the previous year, the firm earned $4.15 earnings per share. Mastercard’s quarterly revenue was up 14.1% on a year-over-year basis. Sell-side analysts expect that Mastercard Incorporated will post 19.84 EPS for the current fiscal year.

Mastercard Announces Dividend

The business also recently disclosed 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 was Thursday, July 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is 19.14%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. UBS Group lifted their price target on shares of Mastercard from $640.00 to $670.00 and gave the company a “buy” rating in a research report on Friday, July 31st. BMO Capital Markets assumed coverage on shares of Mastercard in a report on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price objective on the stock. The Goldman Sachs Group restated a “buy” rating and set a $701.00 price objective on shares of Mastercard in a report on Thursday, July 30th. Robert W. Baird raised their price objective on shares of Mastercard from $660.00 to $680.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Mastercard from $665.00 to $685.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Mastercard presently has a consensus rating of “Buy” and a consensus price target of $661.93.

Insider Activity

In other Mastercard news, insider Raj Seshadri sold 4,828 shares of Mastercard stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $525.00, for a total transaction of $2,534,700.00. Following the transaction, the insider directly owned 16,429 shares of the company’s stock, valued at $8,625,225. The trade was a 22.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Pistecchia Kirkpatrick sold 4,280 shares of the company’s stock in a transaction 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 completion of the sale, the insider owned 31,179 shares of the company’s stock, valued at approximately $17,781,695.49. The trade was a 12.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 62,913 shares of company stock worth $35,769,036. Company insiders own 0.09% of the company’s stock.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Bill Ackman’s investment adds credibility: Pershing Square disclosed a new Mastercard position as part of its largest portfolio overhaul in years. Ackman’s stated focus on long-term earnings growth and Mastercard’s potential in agentic commerce is providing a positive sentiment catalyst. Reuters article
• Positive Sentiment: Stablecoin expansion creates a new growth opportunity: Mastercard is making a major push into digital dollars and euros, positioning its network and services to benefit as stablecoins gain wider use in payments. This could expand transaction volumes and value-added services, although execution and regulatory risks remain. Motley Fool article
• Positive Sentiment: Digital-payments expansion in Africa: Mastercard and TeamApt announced a strategic collaboration to broaden digital payments across Africa, opening a potentially large market for payment acceptance and financial services. Mastercard and TeamApt article
• Positive Sentiment: Most Zacks Research revisions were favorable: FY2026 EPS estimates increased to $19.72 from $19.40, while FY2027 and FY2028 estimates rose to $22.34 and $25.74, respectively. Estimates for the first three quarters of fiscal 2027 were also raised, reinforcing expectations for continued earnings growth.
• Neutral Sentiment: An analyst described Mastercard as a rare growth-at-a-reasonable-price opportunity, citing double-digit revenue growth, strong margins, cybersecurity services and resilient consumer spending. However, the shares still trade at a premium valuation, making continued execution important. Seeking Alpha article
• Negative Sentiment: Zacks lowered its Q4 2026 EPS estimate to $4.99 from $5.01 and Q4 2027 EPS to $5.92 from $6.27. These modest cuts introduce some near-term caution despite the higher full-year forecasts.

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.