James Hambro & Partners 13F: Cuts Mastercard (MA) Stake by $751K

In a regulatory filing on October 19, 2026, James Hambro & Partners reported a reduced stake in Mastercard Incorporated (NYSE: MA). The firm lowered its position by 1,362 shares, bringing its total down to 6,739 shares.

MA Mastercard Incorporated

$617.42 ▲ +10.35% year to date

1M 3M YTD

Daily close · Oct 16, 2026

What Changed in James Hambro & Partners's Mastercard Position

James Hambro & Partners cut its Mastercard holdings by a 16.8% margin during the period. The remaining stake of 6,739 shares was valued at approximately $3.7 million based on the filing details, down from its prior holding of 8,101 shares.

Other Institutional Activity in Mastercard

Other large funds also adjusted their positions in the payments network recently. PensionDanmark Pensionsforsikringsaktieselskab lowered its stake by 8,024 shares, ending with 156,515 shares worth about $86.3 million. PineStone Asset Management trimmed its holdings by 43,240 shares to finish with 1,788,772 shares valued at roughly $986.5 million. Mastercard Foundation Asset Management Corp reduced its massive position by 4,886,010 shares, leaving it with 60,347,774 shares valued at about $37.2 billion.

Mastercard Incorporated Stock Down 0.2%

Mastercard recently traded around $616.41 as of October 20, 2026, sitting right near its event close of $616.40 from the day before. The stock trades about 6.9% above its 50-day moving average of $576.68 and roughly 15.6% above its 200-day moving average of $533.22. Shares sit just 1.0% below their 52-week high of $622.49.

Recent Earnings

Mastercard reported trailing twelve-month revenue of $35.1 billion alongside trailing earnings of $18.15 per share. The company operates with a net profit margin of 46.3% and a return on equity of 241.2%. Investors await the next quarterly financial update scheduled for October 29, 2026.

Dividend

Mastercard pays an annual dividend rate of $3.48 per share, which translates to a dividend yield of 0.56%. The payout ratio stands at 17.9% of earnings.

Insider Buying and Selling at Mastercard Incorporated

Company insiders have been active sellers in recent weeks. Officer J. Mehra Sachin sold 3,266 shares on September 2, 2026, for about $1.9 million. Director Julius Genachowski executed two planned sales, unloading 371 shares on October 9 for $217,040 and another 370 shares on October 12 for $218,378. Chief Financial Officer Hai Ling sold 4,317 shares on October 16 under a trading plan for roughly $2.7 million.

Analysts Set New Price Targets

Wall Street analysts remain broadly optimistic about the payment giant. On August 3, 2026, Cantor Fitzgerald maintained an Overweight rating and raised its price target to $695.00 from $650.00. Truist Securities kept a Buy rating on August 5 with a target increased to $633.00. Wolfe Research reiterated an Outperform rating on August 25, lifting its target to $740.00. RBC Capital maintained an Outperform rating on August 31 with a target of $696.00, while Baird kept an Outperform rating on October 9 with a $710.00 price target. The stock currently carries a consensus strong buy rating and a mean price target of $673.12 across 37 analyst opinions.

About Mastercard Incorporated

Mastercard Incorporated operates a global payments technology network that connects consumers, financial institutions, merchants, governments, and businesses across more than 210 countries and territories. The company facilitates digital payments through credit, debit, and prepaid solutions. Its technology underpins modern digital commerce, making transactions faster, safer, and more reliable.

Bottom Line

Investors are closely watching the upcoming earnings release on October 29, 2026, to gauge transaction volume growth and overall consumer spending health. Institutional adjustments like the one from James Hambro & Partners offer a glimpse into how professional portfolio managers manage exposure as the stock trades near its 52-week highs.