Canada Pension Plan Investment Board Takes $3.53 Million Position in Mattel, Inc. $MAT

Key Points

• Canada Pension Plan Investment Board acquired 254,000 Mattel shares worth approximately $3.53 million, representing about 0.09% of the company. Institutional investors and hedge funds collectively own 97.15% of Mattel.
• Mattel reported quarterly revenue of $1.13 billion, up 10.5% year over year and above expectations, but earnings of $0.01 per share missed the $0.04 consensus estimate. The company maintained fiscal 2026 EPS guidance of $1.27–$1.39.
• Mattel shares recently opened at $15.14, while analysts have a consensus “Hold” rating and an average price target of $17.80; individual targets range from $15 to $22.

Canada Pension Plan Investment Board acquired a new position in shares of Mattel, Inc. (NASDAQ:MAT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 254,000 shares of the company's stock, valued at approximately $3,526,000. Canada Pension Plan Investment Board owned approximately 0.09% of Mattel at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in MAT. Sei Investments Co. boosted its holdings in Mattel by 107.3% in the first quarter. Sei Investments Co. now owns 2,159,405 shares of the company's stock worth $31,376,000 after acquiring an additional 1,117,726 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Mattel during the second quarter valued at approximately $363,273,000. K.J. Harrison & Partners Inc increased its holdings in shares of Mattel by 1,323.5% during the fourth quarter. K.J. Harrison & Partners Inc now owns 242,000 shares of the company's stock valued at $4,801,000 after acquiring an additional 225,000 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Mattel during the second quarter worth approximately $3,147,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Mattel by 514.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 644,268 shares of the company's stock worth $9,361,000 after purchasing an additional 539,373 shares during the period. 97.15% of the stock is currently owned by institutional investors and hedge funds.

Mattel Stock Performance

Shares of Mattel stock opened at $15.14 on Monday. Mattel, Inc. has a 52 week low of $12.73 and a 52 week high of $22.48. The company has a quick ratio of 1.26, a current ratio of 1.90 and a debt-to-equity ratio of 1.17. The business has a 50 day moving average price of $14.34 and a 200-day moving average price of $14.93. The company has a market cap of $4.33 billion, a PE ratio of 11.13, a price-to-earnings-growth ratio of 1.46 and a beta of 0.72.

Mattel (NASDAQ:MAT - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). Mattel had a net margin of 7.79% and a return on equity of 16.20%. The company had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.10 billion. During the same period in the previous year, the firm earned $0.19 EPS. The firm's quarterly revenue was up 10.5% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Equities analysts anticipate that Mattel, Inc. will post 1.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on MAT. Argus reissued a "buy" rating and issued a $22.00 price target on shares of Mattel in a research report on Tuesday, August 25th. Roth Capital lowered their price objective on shares of Mattel from $16.00 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, July 14th. Odeon Capital Group began coverage on shares of Mattel in a research note on Thursday, July 16th. They issued a "buy" rating on the stock. Jefferies Financial Group reaffirmed a "buy" rating on shares of Mattel in a research note on Wednesday, May 6th. Finally, Citigroup reduced their price objective on shares of Mattel from $16.00 to $15.00 and set a "neutral" rating for the company in a report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $17.80.

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.

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