PNC Financial Services Group Inc. Has $471.61 Million Stake in Mastercard Incorporated $MA

Key Points

• PNC Financial Services slightly trimmed its Mastercard stake by 0.6% in the fourth quarter, but it still held 826,110 shares worth about $471.6 million as of its latest filing.
• Mastercard continues to see major institutional support overall, with 97.28% of shares owned by institutional investors and hedge funds, even as some firms adjusted positions during the quarter.
• Recent news around Mastercard was mostly positive, including a new Merchant Trust Services initiative to help identify scam merchants and an expanded partnership with JD.com to improve cross-border payments, though analyst sentiment was tempered by Truist cutting its price target and Berkshire Hathaway exiting its position.

PNC Financial Services Group Inc. trimmed its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 826,110 shares of the credit services provider's stock after selling 4,976 shares during the quarter. PNC Financial Services Group Inc. owned 0.09% of Mastercard worth $471,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in MA. State Street Corp grew its position in Mastercard by 2.8% during the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider's stock valued at $20,807,283,000 after purchasing an additional 997,536 shares in the last quarter. Vanguard Group Inc. lifted its position in Mastercard by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 79,431,340 shares of the credit services provider's stock worth $45,181,341,000 after buying an additional 955,533 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Mastercard by 792.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 865,523 shares of the credit services provider's stock valued at $494,110,000 after buying an additional 768,514 shares during the period. Capital Research Global Investors boosted its stake in shares of Mastercard by 6.5% during the 3rd quarter. Capital Research Global Investors now owns 10,347,834 shares of the credit services provider's stock valued at $5,885,944,000 after buying an additional 629,941 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of Mastercard during the 4th quarter valued at $289,353,000. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard highlighted a new Merchant Trust Services initiative designed to help banks and payment companies identify legitimate merchants and reduce scam activity, which could strengthen its fraud-prevention value proposition and deepen ties with issuers and merchants. Mastercard Intros Strategy to Ferret Out Scam Merchants
• Positive Sentiment: Mastercard and JD.com expanded their partnership to improve cross-border payments infrastructure and payment experiences for travelers in China, a sign of continued international growth opportunities and stronger network usage. Mastercard, JD.com team up to expand payments infrastructure
• Positive Sentiment: Mastercard was recognized by the Organization of American States and The Trust for the Americas with the 2025 Corporate Citizen of the Americas Award, reinforcing its brand and social-impact profile. The Trust for the Americas and the Organization of American States Present the 2025 Corporate Citizen of the Americas Award to Mastercard
• Neutral Sentiment: Mastercard presented at J.P. Morgan’s technology, media and communications conference, which usually reinforces management’s strategic messaging but did not include a major new financial catalyst in the provided details. Mastercard Incorporated (MA) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: BDO and Mastercard marked 20 years of remittance and OFW-serving partnership in the Philippines, underscoring steady international business relationships. BDO, Mastercard mark 20 years of remittance partnership
• Neutral Sentiment: Several articles framed Mastercard as a strong payments network versus Visa and noted ongoing cross-border and issuer-related opportunities, but these were more commentary than fresh catalysts. Visa vs Mastercard. The Numbers Just Told Us Which Network Is Pulling Away
• Negative Sentiment: Truist reportedly lowered its price target on Mastercard, which can weigh on sentiment by signaling more limited upside from current levels. Truist Lowers PT on Mastercard Incorporated (MA) Stock
• Negative Sentiment: Berkshire Hathaway said it is exiting its Mastercard position as part of a broader portfolio overhaul, a headline that may pressure the stock despite not changing Mastercard’s underlying operations. Berkshire Hathaway Overhauls Portfolio Under Greg Abel As Valuation Signals Undervaluation

Mastercard Stock Down 1.3%

MA stock opened at $499.32 on Wednesday. The firm has a market cap of $441.19 billion, a PE ratio of 28.90, a PEG ratio of 1.58 and a beta of 0.76. Mastercard Incorporated has a 1 year low of $480.50 and a 1 year high of $601.77. The company has a fifty day simple moving average of $502.47 and a 200 day simple moving average of $530.50. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MA - Get Free Report) last posted its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping the consensus estimate of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the prior year, the business posted $3.73 earnings per share. The business's quarterly revenue was up 15.8% on a year-over-year basis. Sell-side analysts anticipate that Mastercard Incorporated will post 19.6 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on MA. Truist Financial cut their price objective on Mastercard from $590.00 to $561.00 and set a "buy" rating for the company in a report on Tuesday, May 12th. Susquehanna lowered their target price on Mastercard from $670.00 to $665.00 and set a "positive" rating on the stock in a research note on Friday, May 1st. UBS Group dropped their target price on Mastercard from $650.00 to $640.00 and set a "buy" rating on the stock in a research report on Friday, May 1st. Weiss Ratings downgraded Mastercard from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, April 24th. Finally, Daiwa Securities Group set a $610.00 price target on Mastercard and gave the company an "outperform" rating in a report on Monday, February 2nd. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $656.00.

About Mastercard

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.