OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $19.32 Million Stock Holdings in Mattel, Inc. $MAT

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Mattel, Inc. (NASDAQ:MAT) by 25.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 973,829 shares of the company’s stock after selling 324,400 shares during the period. Mattel accounts for approximately 2.3% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings, making the stock its 6th biggest holding. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Mattel were worth $19,321,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MAT. Integrated Wealth Concepts LLC bought a new stake in Mattel in the first quarter valued at about $553,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Mattel by 74.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company’s stock valued at $67,000 after buying an additional 1,468 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Mattel by 50.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,153,851 shares of the company’s stock valued at $80,709,000 after buying an additional 1,393,000 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Mattel by 5.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 778,963 shares of the company’s stock valued at $15,135,000 after buying an additional 37,118 shares during the last quarter. Finally, Focus Partners Wealth bought a new stake in Mattel in the first quarter valued at about $266,000. 97.15% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MAT. Argus raised Mattel to a “strong-buy” rating in a report on Friday, March 13th. JPMorgan Chase & Co. lowered their price objective on Mattel from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Thursday, April 30th. Jefferies Financial Group reissued a “buy” rating on shares of Mattel in a report on Wednesday, May 6th. Wells Fargo & Company lowered their target price on Mattel from $19.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, UBS Group reaffirmed a “buy” rating and set a $28.00 target price on shares of Mattel in a report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $18.22.

Mattel Stock Performance

Shares of MAT stock opened at $14.35 on Tuesday. Mattel, Inc. has a 12-month low of $13.95 and a 12-month high of $22.48. The firm has a market capitalization of $4.17 billion, a price-to-earnings ratio of 9.08, a price-to-earnings-growth ratio of 1.31 and a beta of 0.72. The business has a 50 day simple moving average of $14.78 and a 200 day simple moving average of $17.39. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.06 and a quick ratio of 1.50.

Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Wednesday, April 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.04. Mattel had a return on equity of 18.67% and a net margin of 9.27%.The business had revenue of $862.17 million during the quarter, compared to analyst estimates of $808.38 million. During the same period in the prior year, the company posted ($0.03) EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, equities research analysts anticipate that Mattel, Inc. will post 1.31 EPS for the current year.

About Mattel

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.