Mattel, Inc. $MAT is OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s 7th Largest Position

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in Mattel, Inc. (NASDAQ:MAT) by 25.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 973,829 shares of the company’s stock after selling 324,400 shares during the quarter. Mattel makes up about 2.1% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s portfolio, making the stock its 7th biggest position. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.32% of Mattel worth $19,321,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Quarry LP bought a new position in shares of Mattel during the 3rd quarter worth $28,000. Los Angeles Capital Management LLC purchased a new position in shares of Mattel during the fourth quarter valued at $31,000. Atlas Capital Advisors Inc. bought a new stake in shares of Mattel in the fourth quarter valued at about $36,000. Farther Finance Advisors LLC raised its holdings 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 acquiring an additional 1,048 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in Mattel in the third quarter worth about $49,000. 97.15% of the stock is owned by institutional investors.

Mattel Price Performance

MAT opened at $14.04 on Friday. The business’s 50-day moving average is $14.74 and its two-hundred day moving average is $17.21. Mattel, Inc. has a 1 year low of $13.61 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 firm has a market capitalization of $4.08 billion, a PE ratio of 8.89, a price-to-earnings-growth ratio of 1.26 and a beta of 0.72.

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 business had revenue of $862.17 million during the quarter, compared to analyst estimates of $808.38 million. During the same period in the prior year, the firm posted ($0.03) earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Research analysts anticipate that Mattel, Inc. will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on MAT shares. UBS Group reissued a “buy” rating and set a $28.00 target price on shares of Mattel in a research report on Thursday, March 5th. Weiss Ratings cut shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research report on Wednesday, March 4th. Wall Street Zen downgraded shares of Mattel from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Wells Fargo & Company cut their price objective on shares of Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Mattel in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Mattel presently has a consensus rating of “Hold” and an average price target of $18.22.

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.