Mattel (NASDAQ:MAT) Given New $15.00 Price Target at Citigroup

Mattel (NASDAQ:MAT) had its price target reduced by Citigroup from $17.00 to $15.00 in a research report report published on Friday,Benzinga reports. They currently have a neutral rating on the stock.

A number of other analysts have also weighed in on the company. Roth Capital cut their price objective on Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. Seaport Research Partners upgraded Mattel from a “neutral” rating to a “buy” rating and set a $20.00 target price for the company in a report on Monday, October 12th. Argus reissued a “buy” rating and set a $22.00 target price on shares of Mattel in a research note on Tuesday, August 25th. Bank of America restated a “buy” rating and set a $21.00 price target on shares of Mattel in a report on Friday. Finally, Odeon Capital Group initiated coverage on Mattel in a research report on Thursday, July 16th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Mattel presently has an average rating of “Hold” and an average price target of $18.09.

Mattel Stock Up 2.5%

Shares of MAT traded up $0.38 during mid-day trading on Friday, hitting $15.35. 10,069,113 shares of the company’s stock were exchanged, compared to its average volume of 6,708,366. The stock’s 50-day moving average is $15.02 and its 200-day moving average is $15.38. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.26 and a current ratio of 1.90. Mattel has a fifty-two week low of $12.40 and a fifty-two week high of $22.48. The company has a market cap of $4.39 billion, a price-to-earnings ratio of 8.98, a P/E/G ratio of 1.65 and a beta of 0.59.

Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Thursday, November 5th. The company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.36. Mattel had a net margin of 7.79% and a return on equity of 16.20%. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter in the previous year, the business posted $0.89 earnings per share. The business’s quarterly revenue was up 4.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Mattel will post 1.30 earnings per share for the current fiscal year.

Insider Activity at Mattel

In other news, EVP Roberto Isaias sold 39,083 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $15.02, for a total value of $587,026.66. Following the sale, the executive vice president directly owned 144,390 shares in the company, valued at approximately $2,168,737.80. This trade represents a 21.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Mattel

Several large investors have recently bought and sold shares of the business. Jefferies Financial Group Inc. acquired a new stake in Mattel in the third quarter valued at $5,224,000. AlphaCore Capital LLC acquired a new position in shares of Mattel during the 3rd quarter worth about $167,000. Fulcrum Asset Management LLP acquired a new position in shares of Mattel during the 3rd quarter worth about $114,000. Brighton Jones LLC increased its holdings in shares of Mattel by 17.3% in the 3rd quarter. Brighton Jones LLC now owns 13,534 shares of the company’s stock valued at $171,000 after acquiring an additional 1,992 shares during the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in shares of Mattel by 5.8% in the 3rd quarter. Pictet Asset Management Holding SA now owns 44,558 shares of the company’s stock valued at $564,000 after acquiring an additional 2,441 shares during the last quarter. Hedge funds and other institutional investors own 97.15% of the company’s stock.

More Mattel News

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Third-quarter EPS was $1.30, above the $0.94 consensus and up from $0.89 a year earlier. Sales rose 4.1% year over year, with growth in Vehicles and Games and higher gross margins. Zacks earnings coverage
• Positive Sentiment: Hot Wheels billings are nearing $2 billion, and Mattel is launching low-priced, small-scale Hot Wheels model kits. These initiatives may support the brand, though their financial impact is not yet clear. The Motley Fool article
• Neutral Sentiment: Mattel named Steve Totzke president and COO, while Roberto Stanichi is leaving to pursue another opportunity. The leadership change could affect execution, but its business impact remains uncertain. Mattel leadership announcement
• Negative Sentiment: Third-quarter revenue of $1.81 billion missed the $1.84 billion estimate. Mattel lowered its 2026 EPS guidance to $1.05–$1.20, below the $1.30 consensus, and revenue guidance to $5.4–$5.6 billion versus $5.7 billion expected. It also reduced its full-year sales-growth outlook to 1%–4%, raising concerns about demand heading into the holiday season. Reuters report on Mattel’s forecast
• Negative Sentiment: Tariff refunds contributed to stronger margins, so the earnings beat may overstate the strength of ongoing operations. The lowered outlook and sales miss are the clearest near-term headwinds for MAT. Barron’s analysis

Mattel Company Profile

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets a broad portfolio of toys, games and consumer products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Matchbox, UNO, Masters of the Universe and Thomas & Friends. Mattel also develops entertainment content and licenses its intellectual property for use in consumer products, digital experiences and other media.

Founded in 1945, Mattel has expanded from a U.S.