Mattel, Inc. $MAT Shares Sold by CastleKnight Management LP

CastleKnight Management LP reduced its position in Mattel, Inc. (NASDAQ:MAT) by 43.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 346,500 shares of the company’s stock after selling 266,100 shares during the period. CastleKnight Management LP owned about 0.11% of Mattel worth $6,875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Public Employees Retirement System of Ohio lifted its stake in shares of Mattel by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 100,310 shares of the company’s stock valued at $1,688,000 after purchasing an additional 623 shares during the period. GAMMA Investing LLC lifted its stake in shares of Mattel by 8.0% in the 4th quarter. GAMMA Investing LLC now owns 9,344 shares of the company’s stock valued at $185,000 after purchasing an additional 693 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Mattel by 12.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,687 shares of the company’s stock valued at $113,000 after purchasing an additional 747 shares during the period. Sei Investments Co. lifted its stake in shares of Mattel by 1.7% in the 2nd quarter. Sei Investments Co. now owns 45,736 shares of the company’s stock valued at $902,000 after purchasing an additional 758 shares during the period. Finally, Quinn Opportunity Partners LLC lifted its stake in shares of Mattel by 4.5% in the 4th quarter. Quinn Opportunity Partners LLC now owns 18,070 shares of the company’s stock valued at $359,000 after purchasing an additional 774 shares during the period. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Mattel Stock Performance

NASDAQ:MAT opened at $13.67 on Thursday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.50 and a current ratio of 2.06. The company has a fifty day moving average of $14.76 and a two-hundred day moving average of $17.29. The stock has a market capitalization of $3.97 billion, a PE ratio of 8.65, a P/E/G ratio of 1.27 and a beta of 0.72. Mattel, Inc. has a fifty-two week low of $13.61 and a fifty-two week high of $22.48.

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

Analyst Ratings Changes

MAT has been the subject of several analyst reports. UBS Group reiterated a “buy” rating and issued a $28.00 target price on shares of Mattel in a research note on Thursday, March 5th. Wall Street Zen cut shares of Mattel from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Argus upgraded shares of Mattel to a “strong-buy” rating in a research note on Friday, March 13th. Weiss Ratings cut shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, March 4th. Finally, Wells Fargo & Company decreased their target price on shares of Mattel from $19.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $18.22.

Mattel Company Profile

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.