Mattel, Inc. $MAT Shares Acquired by LSV Asset Management

LSV Asset Management lifted its stake in shares of Mattel, Inc. (NASDAQ:MAT) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,126,432 shares of the company’s stock after purchasing an additional 108,622 shares during the quarter. LSV Asset Management’s holdings in Mattel were worth $121,548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in MAT. Integrated Wealth Concepts LLC acquired a new stake in shares of Mattel during the 1st quarter worth approximately $553,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Mattel by 74.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company’s stock worth $67,000 after purchasing an additional 1,468 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Mattel by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,153,851 shares of the company’s stock worth $80,709,000 after purchasing an additional 1,393,000 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Mattel by 5.0% during 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 during the period. Finally, Focus Partners Wealth acquired a new stake in shares of Mattel during the 1st quarter worth approximately $266,000. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MAT. Citigroup cut Mattel from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $25.00 to $16.00 in a research report on Wednesday, February 11th. Wall Street Zen cut Mattel from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Weiss Ratings cut Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research report on Wednesday, March 4th. DA Davidson dropped their price target on Mattel from $25.00 to $18.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Finally, Roth Mkm set a $16.00 price target on Mattel in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $18.22.

Mattel Stock Performance

Shares of MAT stock opened at $15.09 on Friday. Mattel, Inc. has a 12-month low of $14.10 and a 12-month high of $22.48. The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of 9.55, a price-to-earnings-growth ratio of 1.35 and a beta of 0.74. The business has a 50 day simple moving average of $14.90 and a 200 day simple moving average of $17.91. 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.

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.