Fieldview Capital Management LLC Invests $946,000 in Mattel, Inc. $MAT

Fieldview Capital Management LLC acquired a new stake in Mattel, Inc. (NASDAQ:MAT) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 56,186 shares of the company’s stock, valued at approximately $946,000.

Several other institutional investors have also added to or reduced their stakes in the company. State of Wyoming lifted its stake in Mattel by 4.3% during the third quarter. State of Wyoming now owns 15,251 shares of the company’s stock worth $257,000 after purchasing an additional 634 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Mattel by 12.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,687 shares of the company’s stock valued at $113,000 after purchasing an additional 747 shares in the last quarter. Sei Investments Co. increased its stake in shares of Mattel by 1.7% in the 2nd quarter. Sei Investments Co. now owns 45,736 shares of the company’s stock valued at $902,000 after purchasing an additional 758 shares during the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of Mattel by 537.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company’s stock worth $25,000 after buying an additional 1,140 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its holdings in shares of Mattel by 12.1% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 11,459 shares of the company’s stock worth $193,000 after buying an additional 1,241 shares in the last quarter. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Mattel Price Performance

Shares of MAT opened at $16.01 on Tuesday. The business has a 50-day moving average of $19.31 and a 200-day moving average of $19.02. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.15 and a quick ratio of 1.76. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 12.71 and a beta of 0.72. Mattel, Inc. has a 1 year low of $13.94 and a 1 year high of $22.48.

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. DA Davidson dropped their price objective on Mattel from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Morgan Stanley set a $18.00 target price on Mattel in a research note on Wednesday, February 11th. Roth Mkm set a $16.00 target price on shares of Mattel in a report on Wednesday, February 11th. Jefferies Financial Group reduced their price target on shares of Mattel from $25.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, Zacks Research raised shares of Mattel from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $18.38.

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.