Allspring Global Investments Holdings LLC Has $16.25 Million Stock Holdings in Mattel, Inc. $MAT

Key Points

• Allspring Global Investments boosted its stake in Mattel by 203.4% in Q4 to 810,970 shares, now worth $16.25 million and representing about 0.26% of the company.
• Analyst sentiment is mixed: the consensus is a "Hold" with an average price target of $18.44, as several firms cut targets (Citigroup to $16) while Argus upgraded to a "strong-buy."
• Mattel missed Q4 estimates, reporting $0.39 EPS vs. $0.53 expected and $1.77B revenue vs. $1.85B expected, and set FY2026 guidance of $1.18–$1.30 EPS; the stock trades around $14.36 with a $4.34B market cap.

Allspring Global Investments Holdings LLC increased its holdings in Mattel, Inc. (NASDAQ:MAT - Free Report) by 203.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 810,970 shares of the company's stock after acquiring an additional 543,640 shares during the period. Allspring Global Investments Holdings LLC owned about 0.26% of Mattel worth $16,252,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Public Employees Retirement System of Ohio grew its position in Mattel by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 100,310 shares of the company's stock valued at $1,688,000 after purchasing an additional 623 shares in the last quarter. State of Wyoming boosted its stake in shares of Mattel by 4.3% during the 3rd quarter. State of Wyoming now owns 15,251 shares of the company's stock valued at $257,000 after buying an additional 634 shares during the period. GAMMA Investing LLC grew its holdings in shares of Mattel by 8.0% during the 4th quarter. GAMMA Investing LLC now owns 9,344 shares of the company's stock valued at $185,000 after acquiring an additional 693 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Mattel by 12.6% in the third quarter. Jones Financial Companies Lllp now owns 6,687 shares of the company's stock worth $113,000 after acquiring an additional 747 shares during the last quarter. Finally, Sei Investments Co. increased its stake in shares of Mattel by 1.7% in the second quarter. Sei Investments Co. now owns 45,736 shares of the company's stock worth $902,000 after acquiring an additional 758 shares during the last quarter. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on MAT. Citigroup cut Mattel from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $25.00 to $16.00 in a research report on Wednesday, February 11th. DA Davidson dropped their target price on Mattel from $25.00 to $18.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. Jefferies Financial Group cut their price target on Mattel from $25.00 to $19.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Morgan Stanley set a $18.00 price target on Mattel in a report on Wednesday, February 11th. Finally, Argus upgraded shares of Mattel to a "strong-buy" rating in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $18.44.

Mattel Price Performance

MAT opened at $14.36 on Friday. The firm has a market cap of $4.34 billion, a P/E ratio of 11.40 and a beta of 0.78. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.76 and a current ratio of 2.15. The business has a 50 day moving average price of $17.07 and a 200 day moving average price of $18.60. Mattel, Inc. has a twelve month low of $13.94 and a twelve month high of $22.48.

Mattel (NASDAQ:MAT - Get Free Report) last announced its quarterly 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). Mattel had a net margin of 7.44% and a return on equity of 20.72%. The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter last year, the business earned $0.35 EPS. The company's revenue for the quarter was up 7.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Research analysts forecast that Mattel, Inc. will post 1.7 EPS for the current year.

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.

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