Weiss Asset Management LP Buys New Position in Mattel, Inc. $MAT

Weiss Asset Management LP purchased a new position in shares of Mattel, Inc. (NASDAQ:MAT) during the first quarter, Holdings Channel reports. The firm purchased 106,100 shares of the company’s stock, valued at approximately $1,542,000.

Several other institutional investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its stake 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 buying an additional 1,687 shares during the last quarter. Quarry LP acquired a new stake in shares of Mattel in the third quarter valued at approximately $28,000. Los Angeles Capital Management LLC acquired a new stake in shares of Mattel in the fourth quarter valued at approximately $31,000. Atlas Capital Advisors Inc. purchased a new position in shares of Mattel during the fourth quarter worth approximately $36,000. Finally, Farther Finance Advisors LLC grew its position in shares of Mattel by 107.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company’s stock worth $40,000 after acquiring an additional 1,048 shares during the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Mattel in a research report on Wednesday, May 6th. Odeon Capital Group started coverage on shares of Mattel in a research report on Thursday, July 16th. They set a “buy” rating on the stock. Roth Capital dropped their price objective on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Citigroup dropped their price objective on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Finally, The Goldman Sachs Group cut shares of Mattel from a “neutral” rating to a “sell” rating and reduced their target price for the company from $15.00 to $12.00 in a report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.33.

Mattel Stock Performance

NASDAQ:MAT opened at $14.34 on Monday. The firm 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. The stock’s 50 day simple moving average is $14.19 and its 200-day simple moving average is $16.04. Mattel, Inc. has a 12-month low of $12.73 and a 12-month high of $22.48.

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

Trending Headlines about Mattel

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

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.