Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Mattel, Inc. (NASDAQ:MAT – Free Report) by 14.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 420,174 shares of the company’s stock after acquiring an additional 51,638 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.14% of Mattel worth $8,346,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. EdgePoint Investment Group Inc. grew its stake in shares of Mattel by 9.4% during the third quarter. EdgePoint Investment Group Inc. now owns 44,662,760 shares of the company’s stock valued at $751,674,000 after purchasing an additional 3,839,176 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Mattel by 4.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 9,517,597 shares of the company’s stock worth $160,184,000 after purchasing an additional 401,469 shares during the last quarter. LSV Asset Management raised its position in Mattel by 5.6% in the 3rd quarter. LSV Asset Management now owns 6,017,810 shares of the company’s stock worth $101,280,000 after purchasing an additional 318,172 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Mattel by 2.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,779,442 shares of the company’s stock worth $97,268,000 after buying an additional 157,881 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in 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 buying an additional 1,393,000 shares in the last quarter. 97.15% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have commented on the company. UBS Group reiterated a “buy” rating and issued a $28.00 price objective on shares of Mattel in a research report on Thursday, March 5th. Roth Mkm set a $16.00 price target on Mattel in a research note on Wednesday, February 11th. Morgan Stanley set a $18.00 price target on Mattel in a report on Wednesday, February 11th. Citigroup lowered Mattel from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $25.00 to $16.00 in a research report on Wednesday, February 11th. Finally, The Goldman Sachs Group boosted their price objective on Mattel from $16.00 to $18.00 and gave the stock a “neutral” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Mattel currently has a consensus rating of “Hold” and an average price target of $18.44.
Mattel Trading Up 0.0%
Shares of NASDAQ MAT opened at $14.55 on Monday. The company’s fifty day moving average is $15.50 and its 200-day moving average is $18.34. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 11.54 and a beta of 0.78. Mattel, Inc. has a twelve month low of $14.10 and a twelve month high of $22.48. The company has a quick ratio of 1.76, a current ratio of 2.15 and a debt-to-equity ratio of 1.04.
Mattel (NASDAQ:MAT – Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.14). The firm had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.85 billion. Mattel had a net margin of 7.44% and a return on equity of 20.72%. Mattel’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.35 EPS. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Equities research analysts predict that Mattel, Inc. will post 1.3 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.
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