iA Global Asset Management Inc. Has $126.42 Million Position in Mastercard Incorporated $MA

iA Global Asset Management Inc. boosted its position in Mastercard Incorporated (NYSE:MA) by 17.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 222,250 shares of the credit services provider’s stock after purchasing an additional 33,534 shares during the quarter. Mastercard comprises about 1.7% of iA Global Asset Management Inc.’s portfolio, making the stock its 11th biggest holding. iA Global Asset Management Inc.’s holdings in Mastercard were worth $126,418,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MA. LGT Financial Advisors LLC bought a new position in Mastercard during the second quarter worth about $25,000. Evolution Wealth Management Inc. acquired a new position in shares of Mastercard during the 2nd quarter worth approximately $29,000. Robbins Farley increased its holdings in shares of Mastercard by 50.0% during the third quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 18 shares during the period. IMG Wealth Management Inc. bought a new position in shares of Mastercard during the second quarter worth approximately $31,000. Finally, True Wealth Design LLC boosted its stake in shares of Mastercard by 45.2% in the second quarter. True Wealth Design LLC now owns 61 shares of the credit services provider’s stock valued at $34,000 after buying an additional 19 shares during the period. Institutional investors own 97.28% of the company’s stock.

Mastercard Stock Up 0.9%

Shares of NYSE MA opened at $532.53 on Friday. The company has a market cap of $478.21 billion, a price-to-earnings ratio of 34.05, a PEG ratio of 1.79 and a beta of 0.86. 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 stock has a 50-day moving average price of $555.23 and a two-hundred day moving average price of $565.62.

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

Mastercard Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Friday, January 9th will be issued a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 0.7%. This is a boost from Mastercard’s previous quarterly dividend of $0.76. The ex-dividend date is Friday, January 9th. Mastercard’s dividend payout ratio (DPR) is currently 22.25%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MA shares. Truist Financial set a $609.00 price objective on Mastercard in a research note on Tuesday. Morgan Stanley set a $665.00 target price on Mastercard and gave the stock an “overweight” rating in a report on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Mastercard in a research note on Wednesday, October 8th. UBS Group increased their price objective on shares of Mastercard from $690.00 to $700.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Citigroup upgraded shares of Mastercard to a “strong-buy” rating in a research report on Thursday, October 23rd. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $661.24.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s partnership with Agoda to enable instant travel redemptions modernizes rewards and pushes the company deeper into experience-driven, digital-first loyalty — a growth avenue for card spend and fees. Does Mastercard’s Agoda Deal Mark a New Phase in Rewards?
• Positive Sentiment: Compass Point upgraded MA to Buy and raised its price target (reported via TheFly), a notable analyst endorsement that can support upside sentiment and institutional interest. Is Mastercard Incorporated (NYSE:MA) One of the Best S&P 500 Stocks to Look For in 2026?
• Positive Sentiment: Regional rollouts (e.g., Phuket smart buses accepting contactless Mastercard payments) continue to expand transaction volume and network relevance in travel and tourism markets. Phuket Smart Bus Adds Contactless Card Payments with Mastercard
• Positive Sentiment: Mastercard and iScore’s collaboration to study a new scoring model for Egypt signals growth in digital lending tools and data-driven services for emerging markets. Mastercard and iscore join forces to study building a new scoring model
• Neutral Sentiment: Analysts expect Mastercard’s upcoming earnings to show growth and position the company for a possible beat, increasing attention ahead of the report. MasterCard (MA) Earnings Expected to Grow
• Neutral Sentiment: Reminder: Mastercard will release quarterly results on Thursday — a near-term catalyst for volatility around guidance, volumes and cross-border travel recovery metrics. Mastercard (MA) to Release Quarterly Earnings on Thursday
• Neutral Sentiment: CEO comments about AI increasing cyber threats highlight operational risk focus and ongoing investment in security — relevant for long-term margin and technology spending. Mastercard CEO Says AI Is Fueling a Cyber Arms Race With Hackers
• Negative Sentiment: Regulatory/market disruption in Brazil: the central bank’s liquidation of a lender tied to Banco Master led Mastercard to suspend cards there — a near-term hit to volumes in that market and a reminder of geopolitical/regulatory tail risks. Brazil central bank liquidates Banco Master’s Will as Mastercard suspends cards
• Negative Sentiment: A founder resignation at fintech Guavapay ahead of a court battle involving Mastercard adds legal/PR uncertainty in that dispute. London fintech Guavapay founder quits ahead of Mastercard court battle
• Negative Sentiment: Notable investors trimming positions (reports of sell activity) and broader comparisons that favor Visa on valuation/margins can cap near-term multiple expansion. 4 Stocks Guy Spier Was Selling in Q4

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.