Weiss Asset Management LP Purchases Shares of 106,100 Mattel, Inc. $MAT

Weiss Asset Management LP acquired a new stake in Mattel, Inc. (NASDAQ:MAT) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 106,100 shares of the company’s stock, valued at approximately $1,542,000.

Other large investors have also recently made changes to their positions in the company. SJS Investment Consulting Inc. raised its holdings in Mattel by 2,959.6% in the first quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company’s stock valued at $25,000 after acquiring an additional 1,687 shares in the last quarter. Quarry LP acquired a new position in Mattel during the 3rd quarter worth approximately $28,000. Los Angeles Capital Management LLC acquired a new position in Mattel during the 4th quarter worth approximately $31,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Mattel in the 4th quarter valued at approximately $36,000. Finally, Farther Finance Advisors LLC increased its position in shares of Mattel by 107.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company’s stock valued at $40,000 after purchasing an additional 1,048 shares during the last quarter. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

Mattel News Roundup

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Mattel unveiled a Barbie Signature doll honoring basketball star Angel Reese, along with matching Reebok shoes, giving the company a fresh celebrity-driven product that could boost Barbie sales and broaden the brand’s cultural reach. Article Title
• Positive Sentiment: Mattel announced a worldwide licensing partnership with WWE-owned Lucha Libre AAA, expanding its wrestling toy portfolio and reinforcing its position in a popular action-figure category. Article Title
• Positive Sentiment: Mattel also highlighted new products and promotions around existing brands, including a Matchbox movie tie-in, a Halo Brick Shop set, UNO Social Club events, and Harry Potter collectible dolls, which suggest continued monetization across multiple franchises. Article Title
• Neutral Sentiment: News about short interest showed no meaningful change, with reported short interest at zero shares, offering little direct signal for the stock’s near-term direction.
• Neutral Sentiment: Additional coverage around the Angel Reese doll, the WWE/AAA deal, and Halo-related product leaks mostly reinforces the same upbeat product pipeline already captured above. Article Title

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MAT. JPMorgan Chase & Co. decreased their price objective on shares of Mattel from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Thursday, April 30th. The Goldman Sachs Group lowered Mattel from a “neutral” rating to a “sell” rating and dropped their target price for the company from $15.00 to $12.00 in a report on Thursday, July 9th. Wells Fargo & Company cut their price target on Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Citigroup cut their price target on Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Mattel in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Mattel has a consensus rating of “Hold” and an average price target of $17.33.

Mattel Price Performance

MAT stock opened at $14.34 on Monday. The stock has a market cap of $4.17 billion, a P/E ratio of 9.08, a PEG ratio of 1.26 and a beta of 0.74. The company has a current ratio of 2.06, a quick ratio of 1.50 and a debt-to-equity ratio of 1.11. Mattel, Inc. has a twelve month low of $12.73 and a twelve month high of $22.48. The company’s 50 day moving average is $14.19 and its two-hundred day moving average is $16.04.

Mattel (NASDAQ:MAT) last issued its earnings results on Wednesday, April 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.04. The business had revenue of $862.17 million during the quarter, compared to analysts’ expectations of $808.38 million. Mattel had a net margin of 9.27% and a return on equity of 18.67%. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.03) EPS. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Research analysts expect that Mattel, Inc. will post 1.35 earnings per share for the current fiscal year.

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.