Boston Research & Management Inc. Has $10.91 Million Position in Mastercard Incorporated $MA

Boston Research & Management Inc. decreased its holdings in Mastercard Incorporated (NYSE:MA) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,112 shares of the credit services provider’s stock after selling 1,314 shares during the period. Mastercard comprises about 2.5% of Boston Research & Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Boston Research & Management Inc.’s holdings in Mastercard were worth $10,911,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Riggs Asset Managment Co. Inc. boosted its stake in shares of Mastercard by 20.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after buying an additional 18 shares during the last quarter. Tacita Capital Inc boosted its stake in shares of Mastercard by 50.0% in the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after buying an additional 19 shares during the last quarter. Affinity Capital Advisors LLC boosted its stake in shares of Mastercard by 0.7% in the 4th quarter. Affinity Capital Advisors LLC now owns 2,939 shares of the credit services provider’s stock worth $1,678,000 after buying an additional 19 shares during the last quarter. Abacus Planning Group Inc. boosted its stake in shares of Mastercard by 3.3% in the 4th quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock worth $337,000 after buying an additional 19 shares during the last quarter. Finally, Thomasville National Bank boosted its stake in shares of Mastercard by 4.1% in the 4th quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock worth $273,000 after buying an additional 19 shares during the last quarter. Institutional investors own 97.28% of the company’s stock.

Mastercard Price Performance

Shares of Mastercard stock opened at $489.19 on Thursday. The stock’s 50-day simple moving average is $499.64 and its 200-day simple moving average is $524.20. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The company has a market capitalization of $432.24 billion, a price-to-earnings ratio of 28.31, a PEG ratio of 1.54 and a beta of 0.74. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating the consensus estimate of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the previous year, the business earned $3.73 earnings per share. The business’s revenue was up 15.8% on a year-over-year basis. As a group, analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MA shares. Loop Capital restated a “buy” rating and issued a $631.00 price target on shares of Mastercard in a research note on Wednesday, June 3rd. Citigroup lowered their target price on Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. BMO Capital Markets began coverage on Mastercard in a research report on Tuesday, April 21st. They set an “outperform” rating and a $605.00 target price on the stock. Susquehanna lowered their target price on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research report on Friday, May 1st. Finally, TD Cowen reiterated a “buy” rating on shares of Mastercard in a research report on Tuesday, March 17th. Six research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $656.04.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard launched a service that lets AI agents complete payments with each other, positioning the company to benefit from emerging “agentic commerce” and new transaction volume if AI-driven shopping takes off. Mastercard Enables AI Agents to Pay Each Other
• Positive Sentiment: Mastercard partnered on Mi Clip in Mexico, expanding digital payments infrastructure and supporting adoption among consumers and merchants in a growing market. Can Mastercard Benefit From the Launch of Mi Clip Wallet?
• Positive Sentiment: Clip’s launch of the Mi Clip digital wallet ecosystem, supported by Mastercard, underscores continued growth opportunities in digital payments and financial inclusion. Clip Launches Mi Clip, a Digital Wallet Ecosystem, by Partnering with Ant International, Mastercard and Televisa-Univision
• Positive Sentiment: A new Mastercard-related payment initiative in cross-border banking suggests the company remains active in expanding its network utility and enterprise payment offerings. Backbase Taps Mastercard to Simplify Cross-Border Payments for Banks
• Neutral Sentiment: Mastercard appeared in conference/transcript coverage and broader commentary about its operations and strategy, but these items do not add a major new catalyst by themselves. Mastercard Incorporated (MA) Presents at RBC Capital Markets Global Financial Technology Conference 2026 Transcript
• Negative Sentiment: A U.S. judge granted preliminary approval to Mastercard’s $38 billion swipe-fee settlement with merchants, which removes legal uncertainty but also highlights the scale of the long-running fee dispute and potential cost burden. US judge OKs Visa, Mastercard $38 billion swipe fee settlement
• Negative Sentiment: The House passed the Stopping Fraudulent Payments Act, which could increase scrutiny and compliance requirements around government payment processing and indirectly affect Mastercard’s public-sector payment partnerships. Congress Vote: The House has passed H.R. 8464 – Stopping Fraudulent Payments Act

About Mastercard

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.