Mattel, Inc. (MAT) – What Are Investment Firms Saying About This Stock?

Shares of Mattel, Inc. (NASDAQ:MAT) have been assigned an average rating of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $18.00.

MAT has been the topic of several research analyst reports. Argus restated a “buy” rating and issued a $22.00 price target on shares of Mattel in a research report on Tuesday, August 25th. Roth Capital cut their price objective on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. Weiss Ratings lowered shares of Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Odeon Capital Group started coverage on shares of Mattel in a research note on Thursday, July 16th. They issued a “buy” rating for the company. Finally, UBS Group reissued a “buy” rating on shares of Mattel in a research report on Thursday, October 1st.

Mattel Stock Down 0.4%

MAT opened at $15.42 on Monday. The business has a 50 day moving average of $14.98 and a 200-day moving average of $15.53. The stock has a market capitalization of $4.41 billion, a price-to-earnings ratio of 11.34, a P/E/G ratio of 1.64 and a beta of 0.70. The company has a current ratio of 1.90, a quick ratio of 1.26 and a debt-to-equity ratio of 1.17. Mattel has a 1-year low of $12.40 and a 1-year high of $22.48.

Mattel (NASDAQ:MAT) last announced its earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. Mattel had a return on equity of 16.20% and a net margin of 7.79%. The company’s revenue was up 10.5% compared to the same quarter last year. During the same period last year, the firm posted $0.19 EPS. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. As a group, sell-side analysts anticipate that Mattel will post 1.30 earnings per share for the current year.

Insider Buying and Selling

In other Mattel news, EVP Roberto Isaias sold 39,083 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $15.02, for a total value of $587,026.66. Following the completion of the sale, the executive vice president 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.90% of the stock is currently owned by company insiders.

Institutional Trading of Mattel

A number of institutional investors and hedge funds have recently modified their holdings of the company. EdgePoint Investment Group Inc. boosted its position in shares of Mattel by 3.8% during the 1st quarter. EdgePoint Investment Group Inc. now owns 49,140,882 shares of the company’s stock valued at $714,017,000 after acquiring an additional 1,799,640 shares in the last quarter. Primecap Management Co. CA acquired a new position in Mattel in the second quarter worth about $409,540,000. BlackRock Inc. acquired a new position in Mattel in the second quarter worth about $363,273,000. Dimensional Fund Advisors LP raised its position in Mattel by 7.6% in the first quarter. Dimensional Fund Advisors LP now owns 11,052,845 shares of the company’s stock worth $160,591,000 after purchasing an additional 783,102 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its stake in Mattel by 30.4% during the second quarter. Alyeska Investment Group L.P. now owns 6,008,450 shares of the company’s stock worth $83,397,000 after purchasing an additional 1,399,771 shares during the period. 97.15% of the stock is currently owned by institutional investors.

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.