Strs Ohio Has $129,000 Position in Mattel, Inc. $MAT

Strs Ohio lessened its holdings in shares of Mattel, Inc. (NASDAQ:MAT) by 89.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,678 shares of the company’s stock after selling 65,865 shares during the quarter. Strs Ohio’s holdings in Mattel were worth $129,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MAT. Traub Capital Management LLC bought a new stake in shares of Mattel during the second quarter worth about $40,000. IFP Advisors Inc boosted its stake in Mattel by 90.6% during the 2nd quarter. IFP Advisors Inc now owns 2,215 shares of the company’s stock valued at $44,000 after purchasing an additional 1,053 shares during the last quarter. Employees Retirement System of Texas bought a new stake in Mattel during the 2nd quarter worth approximately $55,000. True Wealth Design LLC raised its stake in shares of Mattel by 409.1% in the second quarter. True Wealth Design LLC now owns 2,846 shares of the company’s stock worth $56,000 after purchasing an additional 2,287 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Mattel by 469.5% in the second quarter. Allworth Financial LP now owns 2,853 shares of the company’s stock valued at $56,000 after purchasing an additional 2,352 shares in the last quarter. 97.15% of the stock is owned by institutional investors.

Key Mattel News

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Apple TV will debut “Matchbox The Movie” in October — a high‑profile streaming launch starring John Cena that bolsters Mattel’s strategy of turning toy brands into franchise IP and recurring media/licensing revenue. Apple TV sets October launch for Mattel’s ‘Matchbox’ car movie
• Positive Sentiment: First-look and publicity coverage (Forbes/Yahoo/MSN) around the Matchbox movie and John Cena’s lead is increasing visibility for Mattel Studios and may lift investor sentiment on long‑term content monetization. First Look At Apple X Mattel’s John Cena-Led Film ‘Matchbox The Movie’
• Positive Sentiment: High-profile marketing: Mattel’s Ken stars in Expedia’s Super Bowl LX spot — a major brand-visibility event that could help retail demand and licensing for Barbie/Ken lines. Mattel’s Ken Makes High-Profile Super Bowl LX Debut in Expedia’s New Campaign
• Positive Sentiment: Analyst moves: Morgan Stanley raised its price target to $22 (maintaining an Equal Weight), signaling modest upside and some confidence in the stock’s valuation/recovery path. Benzinga note on Morgan Stanley PT raise
• Neutral Sentiment: Mattel is developing additional Mattel Studios projects (e.g., a live‑action “Tony The Tattooed Man” film); these are early‑stage and could pay off over time but are uncertain near term. Tracie Laymon To Write & Direct Live-Action ‘Tony The Tattooed Man’ Movie
• Neutral Sentiment: Mattel is attempting to reboot less-successful toy lines into tentpole films (coverage from Kotaku/MSN). This shows creative upside but also execution risk — outcomes are binary. Mattel Wants To Turn A Massive Toy Flop Into The Next Barbie-Sized Hit
• Negative Sentiment: Near-term financial caution: a Zacks preview suggests Mattel may lack the setup for an earnings beat in the upcoming report, which could pressure the stock if results or guidance disappoint. Mattel (MAT) Reports Next Week: Wall Street Expects Earnings Growth

Analyst Upgrades and Downgrades

MAT has been the subject of several recent research reports. Roth Mkm set a $20.00 price target on Mattel and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Mattel in a research note on Wednesday, December 24th. Zacks Research downgraded shares of Mattel from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Seaport Research Partners upgraded shares of Mattel to a “hold” rating in a report on Monday, November 10th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Mattel from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, October 27th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $24.13.

Mattel Price Performance

MAT opened at $21.19 on Wednesday. Mattel, Inc. has a fifty-two week low of $13.94 and a fifty-two week high of $22.25. The firm has a 50-day moving average of $20.73 and a 200 day moving average of $19.06. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.18 and a current ratio of 1.60. The firm has a market cap of $6.59 billion, a P/E ratio of 15.81, a PEG ratio of 2.25 and a beta of 0.70.

About Mattel

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.