283,312 Shares in Mattel, Inc. $MAT Purchased by Foyston Gordon & Payne Inc

Foyston Gordon & Payne Inc bought a new stake in shares of Mattel, Inc. (NASDAQ:MAT) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 283,312 shares of the company’s stock, valued at approximately $3,932,000.

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wall Street Zen lowered Mattel from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Citigroup cut their price target on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, July 10th. Roth Capital reduced their price objective on Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Wells Fargo & Company decreased their price objective on Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Weiss Ratings downgraded Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Mattel currently has an average rating of “Hold” and a consensus price target of $17.33.

Mattel Price Performance

NASDAQ:MAT opened at $14.51 on Friday. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 10.67, a PEG ratio of 1.40 and a beta of 0.72. Mattel, Inc. has a 1 year low of $12.73 and a 1 year high of $22.48. The business has a 50 day simple moving average of $14.24 and a 200-day simple moving average of $15.20. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.90 and a quick ratio of 1.26.

Mattel (NASDAQ:MAT) last released its earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). Mattel had a net margin of 7.79% and a return on equity of 16.20%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the firm posted $0.19 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Equities analysts forecast that Mattel, Inc. will post 1.32 EPS for the current year.

Key Stories Impacting Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Original Xbox collaboration creates product buzz: Mattel’s Brick Shop is launching a 3,509-piece, full-scale replica of Microsoft’s original Xbox, featuring hidden cheat codes and references to Halo, The Elder Scrolls and Psychonauts. The product extends Mattel’s reach into gaming collectibles and leverages the Xbox’s 25th-anniversary interest, potentially supporting higher-margin sales and visibility. Mattel Original Xbox Brick Set
• Positive Sentiment: Value investor increases Mattel position: Ariel Investment founder John Rogers reportedly added 1,848,872 Mattel shares, while GuruFocus characterized the stock as approximately 34% undervalued based on its GF Value model. The purchase may reinforce the view that Mattel’s valuation is attractive after its recent decline, though it does not change the company’s near-term fundamentals. John Rogers Mattel Investment
• Positive Sentiment: Additional franchise launches broaden demand: New Mattel products tied to KPop Demon Hunters and Gilmore Girls, along with the company’s UNO championship event and $50,000 prize, provide further licensing, marketing and consumer-engagement opportunities.
• Neutral Sentiment: Marketing and destination projects remain in focus: Mattel is participating in Brandweek in Atlanta. Separately, a developer exited the Arizona Mattel Adventure Park project but continues pursuing a $539 million Kansas City plan, leaving the park strategy mixed and subject to execution risk. Mattel Adventure Park Development
• Negative Sentiment: Premium pricing could constrain the Xbox set’s mass-market appeal: Coverage highlights that the buildable replica costs more than the original console did at launch. While likely designed as a collectible, its high price may limit unit volume and make the product’s financial contribution relatively modest.

Mattel 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.