79,482 Shares in Mattel, Inc. $MAT Bought by 44 Wealth Management LLC

Key Points

• 44 Wealth Management opened a new position of 79,482 shares in Mattel (≈$1.34M) during Q3, and institutional investors now own roughly 97.15% of the company.
• Mattel last quarter missed estimates (EPS $0.39 vs. $0.53 expected; revenue $1.77B vs. $1.85B expected), set FY2026 guidance of $1.18–1.30 EPS, and currently carries a consensus "Hold" rating with a $18.44 price target.
• Management is pivoting toward a brand‑centric strategy focused on IP, gaming and entertainment as a growth driver, but near‑term risks include a Portnoy Law Firm investigation and a recent Zacks downgrade to "strong sell."

44 Wealth Management LLC acquired a new position in Mattel, Inc. (NASDAQ:MAT - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 79,482 shares of the company's stock, valued at approximately $1,338,000.

A number of other institutional investors have also bought and sold shares of the company. Cornerstone Planning Group LLC boosted its position 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 valued at $25,000 after purchasing an additional 1,140 shares in the last quarter. Traub Capital Management LLC bought a new stake in Mattel during the 2nd quarter valued at $40,000. Employees Retirement System of Texas acquired a new stake in shares of Mattel in the 2nd quarter worth about $55,000. Allworth Financial LP raised its stake in shares of Mattel by 469.5% in the second quarter. Allworth Financial LP now owns 2,853 shares of the company's stock worth $56,000 after purchasing an additional 2,352 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Mattel by 74.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company's stock valued at $67,000 after acquiring an additional 1,468 shares in the last quarter. Institutional investors own 97.15% of the company's stock.

Mattel Price Performance

MAT opened at $16.06 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.15 and a quick ratio of 1.76. Mattel, Inc. has a 1 year low of $13.94 and a 1 year high of $22.48. The stock's 50 day simple moving average is $19.00 and its 200 day simple moving average is $18.96. The firm has a market cap of $4.85 billion, a price-to-earnings ratio of 12.75 and a beta of 0.72.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on MAT shares. DA Davidson dropped their target price on shares of Mattel from $25.00 to $18.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. JPMorgan Chase & Co. downgraded shares of Mattel from a "neutral" rating to an "underweight" rating and set a $14.00 target price for the company. in a research note on Wednesday, February 11th. Roth Mkm set a $16.00 price objective on Mattel in a research note on Wednesday, February 11th. Citigroup cut shares of Mattel from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $25.00 to $16.00 in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group lowered their price target on Mattel from $25.00 to $19.00 and set a "buy" rating on the stock in a report on Wednesday, February 11th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $18.44.

Key Stories Impacting Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Serenity Capital Management opened a roughly $43M Mattel stake, signaling institutional confidence and potential buying support. Serenity Capital Management Opens $43 Million Mattel Position
• Positive Sentiment: Management is pushing a brand‑centric pivot into IP, gaming and entertainment as the next growth phase — a strategic shift that could expand revenue streams beyond toys if execution succeeds. Mattel bets on IP, gaming and entertainment to drive next phase of growth
• Neutral Sentiment: CEO commentary (interviews and conference appearances) emphasizes 2026 as a transformational year converting Mattel into an IP/entertainment platform — useful for long‑term thesis but dependent on milestones. Mattel CEO: 2026 is transformational year for brand-centric strategy
• Neutral Sentiment: Mattel presented at the UBS Global Consumer & Retail conference (slides/transcript available) — ongoing investor outreach that can reduce informational uncertainty but won’t immediately change fundamentals. Mattel, Inc. (MAT) Presents at UBS Global Consumer and Retail Conference - Slideshow
• Neutral Sentiment: Marketing/brand programs (e.g., Hot Wheels Legends Tour) sustain consumer engagement and merchandising opportunities but are low near‑term earnings drivers. Hot Wheels Legends Tour Now Accepting Entries
• Negative Sentiment: The Portnoy Law Firm announced an investigation into possible securities fraud and may file a class action — legal risk increases uncertainty and could lead to costs or management distraction. Mattel, Inc. Investigated by the Portnoy Law Firm
• Negative Sentiment: Zacks downgraded Mattel from "hold" to "strong sell," which can amplify selling pressure from retail and momentum traders. Zacks.com

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.

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