Patriot Investment Management Group 13F: Exits MA Stake

Patriot Investment Management Group completely closed out its holdings in Mastercard Incorporated MA during the period, according to a Form 13F filing with the U.S. Securities and Exchange Commission on October 15, 2026. Because 13F reports look backward at previous quarters, these filings reflect past decisions and may not represent the fund's current stance.

Inside Patriot Investment's Mastercard Trade

During the quarter, Patriot Investment Management Group sold out of the entire position, unloading all 437 shares it held before. The complete exit wiped out the remaining stake, leaving the firm with zero shares of the payment processor. Institutional reports of this nature outline quarterly portfolio adjustments but do not provide exact execution dates for individual transactions within the period.

Other Institutional Activity in Mastercard

Other major institutional investors adjusted their holdings in Mastercard as well during the reporting cycle. Blackrock Inc. trimmed its holdings by 616,493 shares, ending with 66,393,565 shares worth about $40,992,713,767. Mastercard Foundation Asset Management Corp reduced its stake by 4,886,010 shares, wrapping up the period with 60,347,774 shares valued at roughly $37,259,921,591. Vanguard Capital Management LLC cut its holdings by 214,580 shares, leaving it with 52,122,015 shares worth about $32,181,173,610. State Street Corporation grew its position by 485,172 shares, a 1.3% increase that left it holding 36,964,305 shares worth approximately $22,822,500,561. Meanwhile, JPMorgan Chase & Co. cut its stake by 4,428,182 shares, a 13.6% decrease to finish with 28,228,027 shares valued at about $17,428,547,947.

Mastercard Incorporated Stock Up 2.3%

Mastercard shares recently traded around $613.98 as of October 16, 2026. The stock sits about 6.8% above its 50-day moving average of $574.78 and roughly 15.2% above its 200-day moving average of $532.80. The company has a market capitalization of roughly $539.9 billion and trades slightly below its 52-week high of $619.80.

Recent Earnings

Mastercard posted trailing twelve-month revenue of $35.08 billion alongside basic trailing earnings of $18.18 per share. The company exhibits a net profit margin of 46.3% and a return on equity of 241.2%. The company's next quarterly earnings update is scheduled for October 29, 2026.

Dividend

Mastercard shares offer a dividend yield of 0.56%, supported by a dividend payout ratio of 17.9% of earnings.

Insider Buying and Selling at Mastercard Incorporated

Company insiders have also transacted in Mastercard shares over recent months. Officer Linda Pistecchia Kirkpatrick sold 923 shares on August 31, 2026, at an average price of $593.54 for a total value of $547,837. Officer J. Mehra Sachin sold 3,266 shares on September 2, 2026, at $584.00 per share, totaling $1,907,344. Director Julius Genachowski completed a planned sale under a Rule 10b5-1 arrangement on October 9, 2026, unloading 371 shares at $585.01 for a total of $217,040. Genachowski executed another planned sale of 370 shares on October 12, 2026, at $590.21 per share for a total value of $218,378.

Analysts Set New Price Targets

Wall Street research firms continue to monitor Mastercard closely. On August 3, 2026, Cantor Fitzgerald maintained an Overweight rating on the stock while lifting its price target from $650.00 to $695.00. Truist Securities maintained a Buy rating on August 5, 2026, raising its target from $554.00 to $633.00. Wolfe Research kept an Outperform rating on August 25, 2026, pushing its target from $680.00 to $740.00. RBC Capital maintained an Outperform rating on August 31, 2026, moving its target from $642.00 to $696.00. Baird kept an Outperform rating on October 9, 2026, raising its target from $660.00 to $710.00. Overall, the stock carries a consensus strong buy rating with a mean price target of $671.23 across 37 analyst opinions.

About Mastercard

Headquartered in Purchase, New York, Mastercard is a major technology company that connects consumers, financial institutions, merchants, and governments worldwide through transaction processing and payment services. The firm operates globally to facilitate secure digital payments.

Bottom Line

Patriot Investment Management Group's decision to close its small position highlights how individual managers reallocate capital between reporting periods. Observers will look toward Mastercard's upcoming earnings report on October 29, 2026, for further updates on financial performance and transaction volume trends. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.