Mattel, Inc. $MAT Shares Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its position in Mattel, Inc. (NASDAQ:MAT) by 326.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 186,638 shares of the company’s stock after acquiring an additional 142,845 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Mattel were worth $2,712,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several analysts recently issued reports on MAT shares. Wall Street Zen cut shares of Mattel from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. The Goldman Sachs Group decreased their target price on shares of Mattel from $18.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, June 26th. Argus upgraded Mattel to a “strong-buy” rating in a research report on Friday, March 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Mattel in a report on Wednesday, May 6th. Finally, Wells Fargo & Company reduced their price objective on Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $17.89.

Mattel Stock Performance

Mattel stock opened at $13.42 on Wednesday. The firm has a 50 day simple moving average of $14.47 and a 200-day simple moving average of $16.60. Mattel, Inc. has a 1-year low of $12.91 and a 1-year high of $22.48. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.06 and a quick ratio of 1.50. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 8.49, a price-to-earnings-growth ratio of 1.15 and a beta of 0.74.

Mattel (NASDAQ:MAT) last released its quarterly earnings results on Wednesday, April 29th. The company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.04. Mattel had a net margin of 9.27% and a return on equity of 18.67%. The firm had revenue of $862.17 million for the quarter, compared to analyst estimates of $808.38 million. During the same quarter in the previous year, the company earned ($0.03) EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, analysts expect that Mattel, Inc. will post 1.34 EPS for the current year.

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.