EdgePoint Investment Group Inc. Has $751.67 Million Stock Position in Mattel, Inc. $MAT

EdgePoint Investment Group Inc. grew its stake in Mattel, Inc. (NASDAQ:MAT) by 9.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,662,760 shares of the company’s stock after acquiring an additional 3,839,176 shares during the period. Mattel accounts for 5.6% of EdgePoint Investment Group Inc.’s holdings, making the stock its 7th biggest holding. EdgePoint Investment Group Inc. owned about 0.14% of Mattel worth $751,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Cornerstone Planning Group LLC boosted its holdings in shares of Mattel by 537.7% in the third quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company’s stock valued at $25,000 after purchasing an additional 1,140 shares during the period. Traub Capital Management LLC purchased a new position in Mattel during the 2nd quarter worth $40,000. Employees Retirement System of Texas purchased a new stake in shares of Mattel in the 2nd quarter worth $55,000. Allworth Financial LP grew its position in shares of Mattel by 469.5% during the 2nd quarter. Allworth Financial LP now owns 2,853 shares of the company’s stock worth $56,000 after buying an additional 2,352 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 buying an additional 1,468 shares in the last quarter. Hedge funds and other institutional investors own 97.15% of the company’s stock.

Mattel Trading Down 1.0%

Shares of NASDAQ MAT opened at $16.06 on Friday. Mattel, Inc. has a 1-year low of $13.94 and a 1-year high of $22.48. The business has a fifty day moving average price of $19.00 and a 200 day moving average price of $18.96. The stock has a market capitalization of $4.85 billion, a P/E ratio of 12.75 and a beta of 0.72. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.15 and a quick ratio of 1.76.

Mattel (NASDAQ:MAT) last posted its earnings results on Tuesday, February 10th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.14). The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.85 billion. Mattel had a net margin of 7.44% and a return on equity of 20.72%. Mattel’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 EPS. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Equities research analysts expect that Mattel, Inc. will post 1.7 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wells Fargo & Company started coverage on Mattel in a report on Wednesday. They issued an “overweight” rating and a $19.00 price objective for the company. UBS Group reiterated a “buy” rating and set a $28.00 target price on shares of Mattel in a report on Thursday, March 5th. Zacks Research downgraded shares of Mattel from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Citigroup cut shares of Mattel from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $25.00 to $16.00 in a research report on Wednesday, February 11th. Finally, Roth Mkm set a $16.00 price objective on shares of Mattel in a research note on Wednesday, February 11th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mattel currently has a consensus rating of “Hold” and a consensus price target of $18.44.

Mattel News Summary

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Serenity Capital Management opened a roughly $43M Mattel stake, signaling institutional confidence and potential buying support. Serenity Capital Management Opens $43 Million Mattel Position
• Positive Sentiment: Management is pushing a brand‑centric pivot into IP, gaming and entertainment as the next growth phase — a strategic shift that could expand revenue streams beyond toys if execution succeeds. Mattel bets on IP, gaming and entertainment to drive next phase of growth
• Neutral Sentiment: CEO commentary (interviews and conference appearances) emphasizes 2026 as a transformational year converting Mattel into an IP/entertainment platform — useful for long‑term thesis but dependent on milestones. Mattel CEO: 2026 is transformational year for brand-centric strategy
• Neutral Sentiment: Mattel presented at the UBS Global Consumer & Retail conference (slides/transcript available) — ongoing investor outreach that can reduce informational uncertainty but won’t immediately change fundamentals. Mattel, Inc. (MAT) Presents at UBS Global Consumer and Retail Conference – Slideshow
• Neutral Sentiment: Marketing/brand programs (e.g., Hot Wheels Legends Tour) sustain consumer engagement and merchandising opportunities but are low near‑term earnings drivers. Hot Wheels Legends Tour Now Accepting Entries
• Negative Sentiment: The Portnoy Law Firm announced an investigation into possible securities fraud and may file a class action — legal risk increases uncertainty and could lead to costs or management distraction. Mattel, Inc. Investigated by the Portnoy Law Firm
• Negative Sentiment: Zacks downgraded Mattel from “hold” to “strong sell,” which can amplify selling pressure from retail and momentum traders. Zacks.com

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.