GRIMES & Co WEALTH MANAGEMENT LLC Decreases Holdings in Mastercard Incorporated $MA

GRIMES & Co WEALTH MANAGEMENT LLC reduced its stake in Mastercard Incorporated (NYSE:MA) by 19.4% during the third quarter, according to its most recent filing with the SEC. The fund owned 9,588 shares of the credit services provider’s stock after selling 2,301 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Mastercard were worth $5,454,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MA shares. Truist Financial cut their price target on Mastercard from $638.00 to $630.00 and set a “buy” rating for the company in a research note on Tuesday, November 4th. Wall Street Zen lowered shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Sunday, December 14th. Tigress Financial lifted their target price on shares of Mastercard from $685.00 to $730.00 and gave the stock a “strong-buy” rating in a research note on Thursday, November 6th. The Goldman Sachs Group restated a “buy” rating and set a $713.00 price target on shares of Mastercard in a research note on Thursday, October 30th. Finally, UBS Group raised their price objective on shares of Mastercard from $690.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Five research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $662.08.

Mastercard Stock Performance

Mastercard stock opened at $566.66 on Tuesday. The firm’s 50 day simple moving average is $557.88 and its 200 day simple moving average is $567.02. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 2.40. The firm has a market capitalization of $508.86 billion, a PE ratio of 36.23, a price-to-earnings-growth ratio of 1.95 and a beta of 0.86. Mastercard Incorporated has a 1-year low of $465.59 and a 1-year high of $601.77.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, October 30th. The credit services provider reported $4.38 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $8.53 billion. During the same period in the previous year, the business earned $3.89 EPS. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. As a group, analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Friday, January 9th will be paid a $0.87 dividend. The ex-dividend date is Friday, January 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. This is an increase from Mastercard’s previous quarterly dividend of $0.76. Mastercard’s dividend payout ratio is currently 22.25%.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Expanded cross‑border payment reach — Botim Money is collaborating with Mastercard to accelerate embedded cross‑border payments, which could drive volume on Mastercard rails in MENA and adjacent corridors. Botim money collaborates with Mastercard to expand and accelerate embedded cross-border payments
• Positive Sentiment: AI cash‑flow and SME push — Mastercard backed Obol to deliver AI‑driven cash‑flow tools for Australian SMEs, extending Mastercard’s open‑finance footprint into software that can lock in more merchant and issuer relationships. Obol joins forces with Mastercard to Bring AI-Driven Cash Flow Management to Australian Businesses
• Positive Sentiment: Regional digital‑innovation tie‑up — Al Ahli Bank of Kuwait – Egypt announced a strategic collaboration with Mastercard to advance digital services in Egypt, supporting regional card growth and product deployment. Al Ahli Bank of Kuwait – Egypt and Mastercard announce strategic collaboration to advance digital innovation in Egypt
• Neutral Sentiment: Broader AI/payments narrative — Analysts highlight AI‑driven shopping and agentic commerce (including work with Google) as a 2026 theme that could boost transaction volumes and new services for Mastercard over time. These Experts Like a Pair of Stocks With AI-Driven Shopping a ‘Major 2026 Theme’
• Neutral Sentiment: Comparative coverage — A head‑to‑head piece contrasts Mastercard with Expensify; useful for positioning but not an immediate catalyst. Mastercard (NYSE:MA) & Expensify (NASDAQ:EXFY) Head-To-Head Contrast
• Neutral Sentiment: Market note — A Zacks recap flagged a recent single‑day decline for MA amid a broader market uptick; this is descriptive of current trading but doesn’t change the company’s fundamentals. MasterCard (MA) Stock Declines While Market Improves: Some Information for Investors
• Negative Sentiment: Regulatory overhang — Renewed political momentum for curbing card fees and capping credit costs (Credit Card Competition Act and reports on a proposed 10% APR cap) is elevating policy risk for the payments complex; while networks don’t carry direct lending risk, these proposals could pressure transaction volumes, interchange economics, and market sentiment. Visa, Mastercard in trouble again? Trump revives Credit Card Competition Act to end ‘swipe fee ripoff’ Trump’s 10% credit card rate cap explained: Are Visa, Mastercard, American Express at risk?

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.