Truist Financial Corp Has $140.73 Million Stock Position in Mastercard Incorporated $MA

Key Points

• Truist Financial trimmed its stake in Mastercard by 2.5%, holding 246,521 shares worth $140.73 million, while institutional investors own about 97.28% of the stock with Vanguard and State Street among the largest holders.
• Mastercard beat Q1 expectations with revenue up roughly 16% YoY and EPS of $4.60 (vs. $4.41 est.), and the company declared a quarterly dividend of $0.87 per share (annualized $3.48, ~0.7% yield).
• Growth catalysts include AI/data initiatives and partnerships (e.g., MoonPay, Stripe integrations) that could boost payment volume and fees, and analysts maintain a consensus Buy rating with a price target around $657 despite some recent target trims.

Truist Financial Corp decreased its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 2.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 246,521 shares of the credit services provider's stock after selling 6,366 shares during the quarter. Truist Financial Corp's holdings in Mastercard were worth $140,734,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Mastercard by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider's stock valued at $45,612,087,000 after purchasing an additional 466,514 shares during the period. State Street Corp boosted its position in shares of Mastercard by 2.8% in the 3rd 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 during the period. Capital Research Global Investors boosted its position in shares of Mastercard by 6.5% in 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 purchasing an additional 629,941 shares during the period. Legal & General Group Plc boosted its position in shares of Mastercard by 4.2% in the 3rd quarter. Legal & General Group Plc now owns 5,806,887 shares of the credit services provider's stock valued at $3,303,015,000 after purchasing an additional 235,403 shares during the period. Finally, Invesco Ltd. boosted its position in Mastercard by 6.4% during the 3rd quarter. Invesco Ltd. now owns 5,658,547 shares of the credit services provider's stock worth $3,218,638,000 after acquiring an additional 339,137 shares during the period. Institutional investors and hedge funds own 97.28% of the company's stock.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Q1 results beat expectations — Mastercard reported stronger-than-expected revenue and EPS, with revenue up ~16% YoY and margin/ROE remaining robust; that underpins the company’s earnings momentum. Read More.
• Positive Sentiment: MoonPay will issue a virtual Mastercard debit card to let AI agents and users spend stablecoins anywhere Mastercard is accepted — expands crypto-to-fiat flows across the Mastercard network and creates incremental payment volume. Read More.
• Positive Sentiment: Partnerships and product wins (Stripe integration, Wizard, Wells Fargo B2B efforts) reinforce Mastercard’s push into agentic commerce, tokenization and B2B card adoption — supports medium-term volume and fee growth. Read More.
• Positive Sentiment: Industry commentary highlights secular upside — analysts’ average price targets imply material upside and some firms have raised FY estimates, signaling continued analyst confidence in long-term growth. Read More.
• Neutral Sentiment: Earnings call materials and transcripts are available for deeper read‑throughs on guidance and segment trends — useful for investors assessing sustainability of cross‑border and value‑added services growth. Read More.
• Negative Sentiment: Royal Bank of Canada trimmed its price target from $656 to $629 (still Outperform) — a downgrade in the target can prompt short-term selling even if the rating remains positive. Read More.
• Negative Sentiment: Susquehanna modestly lowered its target (from $670 to $665) — another target adjustment that may increase near-term volatility despite a positive stance. Read More.
• Negative Sentiment: Market reaction: several outlets note the stock fell despite earnings — suggests investor focus on valuation, buyback timing, margin pressure from rising expenses, or simply profit‑taking after recent gains. Read More.

Mastercard Trading Up 0.1%

Shares of NYSE MA opened at $495.78 on Monday. Mastercard Incorporated has a one year low of $480.50 and a one year high of $601.77. The firm has a market capitalization of $442.14 billion, a PE ratio of 28.69, a PEG ratio of 1.59 and a beta of 0.76. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56. The business has a 50-day moving average price of $506.73 and a two-hundred day moving average price of $535.86.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping analysts' consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same period last year, the business earned $3.73 EPS. The business's quarterly revenue was up 15.8% on a year-over-year basis. As a group, analysts predict that Mastercard Incorporated will post 19.54 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Thursday, April 9th will be paid a dividend of $0.87 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. Mastercard's dividend payout ratio (DPR) is 20.14%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MA. Wall Street Zen lowered Mastercard from a "buy" rating to a "hold" rating in a research report on Saturday. Loop Capital began coverage on Mastercard in a research report on Tuesday, March 31st. They set a "buy" rating and a $631.00 price objective for the company. Weiss Ratings lowered Mastercard from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, April 24th. TD Cowen restated a "buy" rating on shares of Mastercard in a research report on Tuesday, March 17th. Finally, Bank of America began coverage on Mastercard in a research report on Thursday, March 5th. They set a "buy" rating and a $700.00 price objective for the company. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $657.07.

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.

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