Dimensional Fund Advisors LP Has $160.18 Million Holdings in Mattel, Inc. $MAT

Key Points

• Dimensional Fund Advisors raised its Mattel stake 4.4% in Q3 to 9,517,597 shares—about 3.06% ownership valued at $160.18 million.
• Mattel missed quarterly estimates with $0.39 EPS (vs. $0.53 expected) and $1.77B revenue (vs. $1.85B), guided FY2026 EPS to 1.180–1.300, and currently holds a consensus Hold rating with a $18.38 target amid mixed analyst revisions.

Dimensional Fund Advisors LP raised its holdings in shares of Mattel, Inc. (NASDAQ:MAT - Free Report) by 4.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,517,597 shares of the company's stock after acquiring an additional 401,469 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.06% of Mattel worth $160,184,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Cornerstone Planning Group LLC boosted its holdings in shares of Mattel by 537.7% during the third quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company's stock worth $25,000 after purchasing an additional 1,140 shares during the period. Traub Capital Management LLC acquired a new position in Mattel in the 2nd quarter valued at approximately $40,000. Employees Retirement System of Texas acquired a new position in Mattel in the 2nd quarter valued at approximately $55,000. Allworth Financial LP lifted its position in Mattel by 469.5% in the 2nd quarter. Allworth Financial LP now owns 2,853 shares of the company's stock worth $56,000 after buying an additional 2,352 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Mattel by 74.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company's stock worth $67,000 after buying an additional 1,468 shares in the last quarter. 97.15% of the stock is owned by hedge funds and other institutional investors.

Mattel Stock Up 0.7%

Mattel stock opened at $16.01 on Tuesday. The company has a current ratio of 2.15, a quick ratio of 1.76 and a debt-to-equity ratio of 1.04. Mattel, Inc. has a 1-year low of $13.94 and a 1-year high of $22.48. The firm's fifty day simple moving average is $19.31 and its 200-day simple moving average is $19.02. The company has a market capitalization of $4.84 billion, a P/E ratio of 12.71 and a beta of 0.72.

Mattel (NASDAQ:MAT - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by ($0.14). Mattel had a return on equity of 20.72% and a net margin of 7.44%.The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the prior year, the company posted $0.35 earnings per share. 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. Sell-side analysts forecast that Mattel, Inc. will post 1.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on MAT. UBS Group restated a "buy" rating and set a $28.00 price target on shares of Mattel in a report on Thursday. 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. Weiss Ratings downgraded Mattel from a "buy (b-)" rating to a "hold (c)" rating in a research note on Wednesday, March 4th. JPMorgan Chase & Co. lowered Mattel from a "neutral" rating to an "underweight" rating and set a $14.00 target price on the stock. in a research report on Wednesday, February 11th. Finally, DA Davidson cut their price target on Mattel from $25.00 to $18.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $18.38.

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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