Associated Banc Corp Sells 1,056 Shares of Mastercard Incorporated $MA

Associated Banc Corp reduced its position in Mastercard Incorporated (NYSE:MA) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,114 shares of the credit services provider’s stock after selling 1,056 shares during the period. Associated Banc Corp’s holdings in Mastercard were worth $31,918,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pinion Investment Advisors LLC grew its holdings in shares of Mastercard by 0.8% during the second quarter. Pinion Investment Advisors LLC now owns 2,272 shares of the credit services provider’s stock valued at $1,276,000 after buying an additional 18 shares during the last quarter. KRS Capital Management LLC lifted its position in Mastercard by 0.6% in the 2nd quarter. KRS Capital Management LLC now owns 2,848 shares of the credit services provider’s stock valued at $1,601,000 after acquiring an additional 18 shares in the last quarter. Nvest Financial LLC boosted its stake in Mastercard by 1.2% during the 2nd quarter. Nvest Financial LLC now owns 1,505 shares of the credit services provider’s stock valued at $846,000 after purchasing an additional 18 shares during the last quarter. Washington Trust Advisors Inc. boosted its stake in Mastercard by 5.6% during the 2nd quarter. Washington Trust Advisors Inc. now owns 339 shares of the credit services provider’s stock valued at $191,000 after purchasing an additional 18 shares during the last quarter. Finally, Rialto Wealth Management LLC increased its holdings in Mastercard by 13.0% during the 2nd quarter. Rialto Wealth Management LLC now owns 156 shares of the credit services provider’s stock worth $88,000 after purchasing an additional 18 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.

Mastercard Price Performance

MA stock opened at $575.63 on Friday. The firm has a 50 day moving average of $557.43 and a 200-day moving average of $566.76. 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 Incorporated has a 12 month low of $465.59 and a 12 month high of $601.77. The firm has a market capitalization of $516.92 billion, a P/E ratio of 36.81, a price-to-earnings-growth ratio of 1.95 and a beta of 0.86.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, October 30th. The credit services provider reported $4.38 earnings per share for the quarter, topping the consensus estimate of $4.31 by $0.07. Mastercard had a net margin of 45.28% and a return on equity of 202.03%. The firm had revenue of $8.60 billion for the quarter, compared to analysts’ expectations of $8.53 billion. During the same quarter in the prior year, the firm posted $3.89 earnings per share. The business’s quarterly revenue was up 16.7% on a year-over-year basis. As a group, sell-side analysts predict that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 9th will be given a dividend of $0.87 per share. The ex-dividend date is Friday, January 9th. This is a boost from Mastercard’s previous quarterly dividend of $0.76. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is presently 19.44%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Mastercard in a research report on Wednesday, October 8th. KeyCorp reiterated an “overweight” rating and issued a $665.00 target price on shares of Mastercard in a research note on Wednesday, October 22nd. Royal Bank Of Canada raised their price target on shares of Mastercard from $645.00 to $654.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Citigroup upgraded Mastercard to a “strong-buy” rating in a research note on Thursday, October 23rd. Finally, Morgan Stanley set a $665.00 price target on shares of Mastercard and gave the company an “overweight” rating in a research report on Friday, October 31st. Five research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $657.48.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Investors rotated back into payments: Zacks notes MA is up ~7.6% over the past month as money flows out of AI trades into steady-growth payment networks, supporting demand for the stock. Mastercard Up 7.6% in a Month
• Positive Sentiment: New co‑brand card rollout: a Citi AAdvantage Globe Mastercard promotion (large bonus + credits) highlights ongoing card partnerships and product-level drivers of new accounts and spend. Such offers can boost TPV and interchange over time. Citi AAdvantage Globe Mastercard review
• Positive Sentiment: Non‑payment services are a growing revenue stream: reporting on how Visa and Mastercard expanded into data, risk services and tokenization underscores diversification beyond interchange, which supports margins and long‑term growth. How nonpayments became big business
• Neutral Sentiment: Commerce media and AI positioning: Mastercard’s commerce‑media strategy and comments about AI agents doing the buying point to new addressable markets, but monetization timelines remain unclear. Mastercard’s commerce media boss on AI agents
• Neutral Sentiment: Analyst coverage is mixed: recent pieces highlight MA as a strong growth name, but broker notes and reiterations (e.g., Monness Hold $525 vs. KBW Buy) show differing targets — this can mute volatility as investors await clearer catalysts. InsiderMonkey analyst roundup
• Neutral Sentiment: Apple Card issuer change: reports that Chase will take over Apple Card issuance introduce potential shifts in co‑brand and network arrangements; impact on MA’s fees/volumes is uncertain and worth monitoring. Apple Card moving to Chase
• Negative Sentiment: Regulatory/legal headwinds: a proposed Visa/Mastercard settlement that could change checkout experiences for shoppers may bring restrictions, remediation costs or revenue impacts if merchant rules or fee structures are altered. That raises downside risk to interchange and business model assumptions. Proposed Visa, Mastercard settlement

Mastercard 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.