Mattel, Inc. $MAT Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lowered its position in Mattel, Inc. (NASDAQ:MAT) by 9.7% during the first quarter, HoldingsChannel reports. The firm owned 433,951 shares of the company’s stock after selling 46,370 shares during the period. The Manufacturers Life Insurance Company’s holdings in Mattel were worth $6,305,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MAT. EdgePoint Investment Group Inc. grew its holdings in shares of Mattel by 6.0% during the fourth quarter. EdgePoint Investment Group Inc. now owns 47,341,242 shares of the company’s stock worth $939,250,000 after buying an additional 2,678,482 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Mattel by 7.6% during the first quarter. Dimensional Fund Advisors LP now owns 11,052,845 shares of the company’s stock worth $160,591,000 after acquiring an additional 783,102 shares during the last quarter. LSV Asset Management boosted its position in Mattel by 1.8% during the fourth quarter. LSV Asset Management now owns 6,126,432 shares of the company’s stock worth $121,548,000 after acquiring an additional 108,622 shares during the last quarter. Morgan Stanley grew its stake in Mattel by 15.1% during the 4th quarter. Morgan Stanley now owns 5,350,290 shares of the company’s stock valued at $106,150,000 after acquiring an additional 703,806 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Mattel by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,153,851 shares of the company’s stock valued at $80,709,000 after acquiring an additional 1,393,000 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

Key Mattel News

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Vehicles—including Hot Wheels—games and action figures led the sales beat. Toy-based entertainment properties and growing demand from adult collectors also supported results, suggesting Mattel’s brands continue to generate consumer interest. Mattel Says Toy-Based Movies and Adult Collectors Drive 10% Q2 Growth
• Positive Sentiment: The Masters of the Universe movie reportedly underperformed at the box office but helped lift sales of related toys, illustrating the potential benefits of Mattel’s strategy to monetize intellectual property across entertainment and products. Movies Give Mattel A Sales Lift, But Toymaker Reports $18 Million Loss
• Neutral Sentiment: Management maintained its full-year 2026 outlook, calling for adjusted EPS of $1.27-$1.39 and revenue of $5.5-$5.7 billion. Executives said third-quarter growth is continuing, although the revenue range is below the $5.7 billion analyst consensus. Mattel Reports Second Quarter 2026 Financial Results
• Negative Sentiment: Profitability deteriorated as advertising and selling, general and administrative expenses increased. Mattel reported an $18.2 million quarterly loss, while tariffs and other cost pressures weighed on margins. Mattel Sales Climb, But Higher Expenses Weigh on Profit
• Negative Sentiment: The earnings miss comes as discretionary toy spending slows, increasing investor concern that revenue growth may not translate into profits. Shares have decreased as the market focuses on the earnings decline and ongoing margin pressure. Mattel Misses Second-Quarter Profit Estimates as Toy Spends Slow

Mattel Price Performance

Shares of MAT stock opened at $14.46 on Thursday. 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 company has a market capitalization of $4.20 billion, a PE ratio of 10.63, a price-to-earnings-growth ratio of 1.30 and a beta of 0.72. The firm’s 50-day moving average is $14.20 and its two-hundred day moving average is $15.67. Mattel, Inc. has a 12 month low of $12.73 and a 12 month high of $22.48.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). The firm had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Mattel had a net margin of 7.79% and a return on equity of 15.83%. The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the company earned $0.19 EPS. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Analysts predict that Mattel, Inc. will post 1.35 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on MAT. Zacks Research raised shares of Mattel from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup cut their price target on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, July 10th. Wall Street Zen downgraded Mattel from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Odeon Capital Group assumed coverage on Mattel in a research note on Thursday, July 16th. They set a “buy” rating on the stock. Finally, Wells Fargo & Company dropped their target price on Mattel from $19.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $17.33.

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.