Thompson Siegel & Walmsley LLC Has $5.71 Million Stock Holdings in Mattel, Inc. $MAT

Thompson Siegel & Walmsley LLC decreased its holdings in Mattel, Inc. (NASDAQ:MAT) by 46.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 287,800 shares of the company’s stock after selling 247,506 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.09% of Mattel worth $5,710,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Norges Bank acquired a new position in shares of Mattel in the 4th quarter valued at $49,182,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Mattel during the 4th quarter worth about $148,000. Hillsdale Investment Management Inc. increased its position in shares of Mattel by 2.7% during the 4th quarter. Hillsdale Investment Management Inc. now owns 46,708 shares of the company’s stock worth $927,000 after purchasing an additional 1,208 shares in the last quarter. King Luther Capital Management Corp increased its position in shares of Mattel by 2.4% during the 4th quarter. King Luther Capital Management Corp now owns 968,915 shares of the company’s stock worth $19,223,000 after purchasing an additional 22,675 shares in the last quarter. Finally, Kestra Investment Management LLC increased its position in shares of Mattel by 10.5% during the 4th quarter. Kestra Investment Management LLC now owns 107,157 shares of the company’s stock worth $2,126,000 after purchasing an additional 10,147 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

Mattel Price Performance

NASDAQ MAT opened at $14.86 on Tuesday. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.11. Mattel, Inc. has a 12-month low of $14.10 and a 12-month high of $22.48. The company has a market capitalization of $4.32 billion, a PE ratio of 9.41, a price-to-earnings-growth ratio of 1.34 and a beta of 0.74. The firm’s 50 day moving average is $14.82 and its 200-day moving average is $17.74.

Mattel (NASDAQ:MAT) last posted its quarterly earnings data on Wednesday, April 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.04. Mattel had a net margin of 9.27% and a return on equity of 18.67%. The company had revenue of $862.17 million for the quarter, compared to the consensus estimate of $808.38 million. During the same period last year, the company earned ($0.03) earnings per share. The firm’s 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 research analysts anticipate that Mattel, Inc. will post 1.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MAT has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Mattel from $14.00 to $13.00 and set an “underweight” rating on the stock in a report on Thursday, April 30th. DA Davidson reduced their price objective on shares of Mattel from $25.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Wells Fargo & Company reduced their price objective on shares of Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Roth Mkm set a $16.00 price objective on shares of Mattel in a research note on Wednesday, February 11th. Finally, Weiss Ratings lowered shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $18.22.

Mattel Company 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.