Quantbot Technologies LP Makes New Investment in Mattel, Inc. $MAT

Quantbot Technologies LP acquired a new position in shares of Mattel, Inc. (NASDAQ:MAT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 34,656 shares of the company’s stock, valued at approximately $583,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Planning Group LLC raised its position in Mattel by 537.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company’s stock worth $25,000 after purchasing an additional 1,140 shares during the period. Traub Capital Management LLC purchased a new stake in shares of Mattel in the 2nd quarter worth approximately $40,000. Employees Retirement System of Texas purchased a new stake in shares of Mattel during the 2nd quarter worth $55,000. True Wealth Design LLC lifted its position in shares of Mattel by 409.1% during the second quarter. True Wealth Design LLC now owns 2,846 shares of the company’s stock valued at $56,000 after buying an additional 2,287 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in Mattel by 469.5% in the second quarter. Allworth Financial LP now owns 2,853 shares of the company’s stock valued at $56,000 after acquiring an additional 2,352 shares in the last quarter. Hedge funds and other institutional investors own 97.15% of the company’s stock.

Mattel Price Performance

Shares of NASDAQ MAT opened at $15.90 on Monday. The firm has a 50-day simple moving average of $19.39 and a 200-day simple moving average of $19.04. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 12.62 and a beta of 0.72. The company has a quick ratio of 1.76, a current ratio of 2.15 and a debt-to-equity ratio of 1.04. Mattel, Inc. has a 52 week low of $13.94 and a 52 week high of $22.48.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.14). The business had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.85 billion. Mattel had a return on equity of 20.72% and a net margin of 7.44%.The business’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. On average, equities analysts predict that Mattel, Inc. will post 1.7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MAT. Seaport Research Partners raised shares of Mattel to a “hold” rating in a research report on Monday, November 10th. The Goldman Sachs Group lifted their price target on Mattel from $16.00 to $18.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. Zacks Research upgraded shares of Mattel from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. Roth Mkm set a $16.00 target price on Mattel in a research report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. cut Mattel from a “neutral” rating to an “underweight” rating and set a $14.00 price objective on the stock. in a report on Wednesday, February 11th. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $18.38.

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.