Indiana Trust & Investment Management Co Sells 805 Shares of Mastercard Incorporated $MA

Indiana Trust & Investment Management Co decreased its position in Mastercard Incorporated (NYSE:MA) by 42.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,108 shares of the credit services provider’s stock after selling 805 shares during the quarter. Indiana Trust & Investment Management Co’s holdings in Mastercard were worth $611,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Mastercard by 1.3% in the 2nd quarter. State Street Corp now owns 36,964,305 shares of the credit services provider’s stock valued at $18,984,867,000 after purchasing an additional 486,283 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Mastercard by 10.4% in the 1st quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider’s stock valued at $2,559,779,000 after purchasing an additional 480,725 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Mastercard by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider’s stock worth $2,111,216,000 after purchasing an additional 42,871 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Mastercard by 17.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock worth $1,831,763,000 after purchasing an additional 554,366 shares during the last quarter. Finally, Amundi grew its stake in shares of Mastercard by 5.8% during the second quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock worth $1,862,527,000 after purchasing an additional 199,424 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Tokenization could support revenue growth. UBS estimates payment-tokenization services may contribute low-single-digit percentage growth to Mastercard’s overall revenue and low-to-mid-single-digit growth in value-added services as digital payments expand and fraud prevention becomes more important. Visa and Mastercard tokenization fees could support revenue growth, UBS says
• Positive Sentiment: Upcoming earnings expectations are favorable. Analysts anticipate year-over-year earnings growth in Mastercard’s upcoming report, while recent results have exceeded consensus estimates for both earnings and revenue. This is reinforcing expectations for another potential earnings beat. MasterCard Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Mastercard is expanding its technology and payments ecosystem. New initiatives include AI tools that help cardholders use benefits, developer APIs for AI-agent payments, stablecoin risk-assessment capabilities and a Global Money Platform developed with BVNK. These products could create future revenue streams and strengthen Mastercard’s role in digital commerce. Mastercard unveils AI assistant to help cardholders use benefits
• Positive Sentiment: Partnerships broaden payment volume opportunities. Agreements with Aurionpro for contactless transit payments in North America and BankIslami for Shariah-compliant cards could expand Mastercard’s acceptance footprint and transaction volumes. Its First-Party Trust program also targets rising “friendly fraud,” supporting merchant demand for Mastercard’s security services. Aurionpro, Mastercard Partner on Contactless Transit Payments in North America
• Neutral Sentiment: Valuation and execution remain considerations. Mastercard has substantially outperformed the broader market and trades at a premium earnings multiple. Investors will likely focus on whether upcoming results and guidance justify that valuation, particularly as the shares approach their 52-week high. Is the Market Underpricing Mastercard Stock?

Insider Buying and Selling at Mastercard

In other news, insider Linda Kirkpatrick sold 4,280 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the transaction, the insider directly owned 31,179 shares in the company, valued at approximately $17,781,695.49. This trade represents a 12.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible 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 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 completion of the transaction, the insider directly owned 40,916 shares in the company, valued at $23,613,851.08. The trade was a 15.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 72,676 shares of company stock valued at $41,966,586. 0.09% of the stock is owned by company insiders.

Mastercard Stock Up 1.6%

Shares of NYSE MA opened at $632.46 on Friday. The business has a 50-day moving average price of $580.82 and a 200 day moving average price of $538.90. The stock has a market cap of $554.04 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $633.29.

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

Mastercard Announces Dividend

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

Analyst Ratings Changes

A number of analysts have issued reports on the company. Robert W. Baird lifted their price target on Mastercard from $660.00 to $710.00 and gave the stock an “outperform” rating in a report on Friday, October 9th. Truist Financial increased their price objective on Mastercard from $554.00 to $633.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. President Capital raised their target price on Mastercard from $693.00 to $729.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. The Goldman Sachs Group reissued a “buy” rating and set a $701.00 target price (up from $674.00) on shares of Mastercard in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada boosted their target price on Mastercard from $642.00 to $696.00 and gave the stock an “outperform” rating in a research note on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $682.66.

Mastercard Company 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.