Farther Finance Advisors LLC lifted its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 19.3% in the third quarter, Holdings Channel reports. The firm owned 19,769 shares of the credit services provider’s stock after buying an additional 3,194 shares during the period. Farther Finance Advisors LLC’s holdings in Mastercard were worth $11,245,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Parcion Private Wealth LLC lifted its position in shares of Mastercard by 37.3% in the third quarter. Parcion Private Wealth LLC now owns 1,280 shares of the credit services provider’s stock valued at $728,000 after acquiring an additional 348 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in Mastercard by 22.5% in the 3rd quarter. Elevation Wealth Partners LLC now owns 256 shares of the credit services provider’s stock valued at $146,000 after purchasing an additional 47 shares in the last quarter. HBK Sorce Advisory LLC boosted its stake in Mastercard by 62.2% during the 3rd quarter. HBK Sorce Advisory LLC now owns 11,379 shares of the credit services provider’s stock worth $6,559,000 after purchasing an additional 4,364 shares during the last quarter. Bernard Wealth Management Corp. grew its holdings in shares of Mastercard by 573.1% during the third quarter. Bernard Wealth Management Corp. now owns 976 shares of the credit services provider’s stock worth $555,000 after buying an additional 831 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its position in shares of Mastercard by 127.6% in the third quarter. Exchange Traded Concepts LLC now owns 25,158 shares of the credit services provider’s stock valued at $14,310,000 after buying an additional 14,103 shares during the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.
Mastercard Stock Up 0.6%
Shares of NYSE:MA opened at $575.88 on Tuesday. The company has a market capitalization of $517.14 billion, a price-to-earnings ratio of 36.82, a PEG ratio of 2.25 and a beta of 0.87. Mastercard Incorporated has a 12-month low of $465.59 and a 12-month high of $601.77. The business has a 50-day moving average price of $554.16 and a 200 day moving average price of $565.77. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.40.
Mastercard Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 9th will be issued a $0.87 dividend. This is a boost from Mastercard’s previous quarterly dividend of $0.76. The ex-dividend date is Friday, January 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s payout ratio is 19.44%.
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Major processor Fiserv will adopt Mastercard’s Agent Pay Acceptance Framework, positioning Fiserv as one of the first to scale “agentic commerce” (AI-driven payment agents). This could broaden acceptance channels and drive additional volume/processing revenue for Mastercard. Fiserv and Mastercard Partner to Advance Trusted Agentic Commerce For Merchants
- Positive Sentiment: Mastercard expanded its lending ecosystem via a strategic partnership with LoanPro to launch “Loan on Card,” enabling lenders to issue loans delivered through card rails and virtual cards — a potential new use case that can increase transaction volumes and interchange revenue. Mastercard Partners with LoanPro to Offer Loan on Card
- Positive Sentiment: FAB (First Abu Dhabi Bank) and Mastercard launched mobile-first virtual corporate cards in the UAE, supporting regional expansion of Mastercard’s commercial payments products and cross-border adoption. FAB and Mastercard transform UAE business payments
- Neutral Sentiment: Brokerage consensus remains a “Buy” on MA, reinforcing analyst-backed expectations for growth and providing support for the stock’s multiple. Mastercard Given Consensus Recommendation of Buy
- Neutral Sentiment: Industry coverage and comparisons continue (e.g., a recent survey/comparison piece vs. peers), useful for investors benchmarking valuation and growth prospects. Financial Survey: Mastercard vs. RB Global
- Negative Sentiment: Visa and Mastercard agreed to a $167.5M settlement in a long-running ATM fee lawsuit. While modest relative to Mastercard’s market cap, the settlement is a reminder of regulatory and litigation risk in the payments industry. Visa and Mastercard Settle ATM Fee Lawsuit for $167 Million
- Negative Sentiment: Ongoing consumer class-action headlines (articles noting potential ATM refunds to consumers) keep legal/liability headlines in the news, which can pressure sentiment when combined with other regulatory developments. Used an ATM since 2007? Visa and Mastercard may owe you cash
Analyst Ratings Changes
A number of equities analysts recently weighed in on MA shares. Wells Fargo & Company lowered their price target on shares of Mastercard from $669.00 to $660.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Evercore ISI set a $610.00 target price on Mastercard in a report on Friday, December 12th. Royal Bank Of Canada upped their price target on Mastercard from $645.00 to $654.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Cowen reiterated a “buy” rating on shares of Mastercard in a research report on Friday, October 31st. 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 equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $657.48.
Read Our Latest Research Report on MA
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.
See Also
- Five stocks we like better than Mastercard
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- The Last Gold Bull Market
Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MA – Free Report).
Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.
