Krilogy Financial LLC Sells 126,452 Shares of Mattel, Inc. $MAT

Key Points

• Krilogy Financial sold 126,452 shares of Mattel in Q4, cutting its stake by 89.2% and leaving 15,285 shares worth about $315,000.
• Other institutions were active—JPMorgan increased its stake by 21.2% to 1,393,829 shares and firms like Simcoe and Envestnet added or initiated positions—leaving institutional ownership at about 97.15%.
• Analyst sentiment is mixed with a consensus "Hold" and an average target of $18.44; JPMorgan downgraded to underweight ($14 TP) while Wells Fargo initiated overweight ($19 TP), and Mattel recently missed quarterly EPS ($0.39 vs. $0.53) and revenue and set FY2026 guidance of 1.18–1.30 EPS.

Krilogy Financial LLC lessened its position in Mattel, Inc. (NASDAQ:MAT - Free Report) by 89.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,285 shares of the company's stock after selling 126,452 shares during the quarter. Krilogy Financial LLC's holdings in Mattel were worth $315,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Mattel by 21.2% in the third quarter. JPMorgan Chase & Co. now owns 1,393,829 shares of the company's stock valued at $23,458,000 after acquiring an additional 244,030 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Mattel by 20.3% in the third quarter. Envestnet Asset Management Inc. now owns 445,826 shares of the company's stock valued at $7,503,000 after acquiring an additional 75,124 shares during the last quarter. Simcoe Capital Management LLC bought a new position in Mattel in the third quarter valued at $39,044,000. 44 Wealth Management LLC bought a new position in Mattel in the third quarter valued at $1,338,000. Finally, Great Lakes Advisors LLC increased its stake in Mattel by 37.1% in the third quarter. Great Lakes Advisors LLC now owns 318,769 shares of the company's stock valued at $5,365,000 after acquiring an additional 86,207 shares during the last quarter. Institutional investors own 97.15% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. JPMorgan Chase & Co. cut Mattel from a "neutral" rating to an "underweight" rating and set a $14.00 target price on the stock. in a research note on Wednesday, February 11th. Wells Fargo & Company assumed coverage on Mattel in a research note on Wednesday, March 11th. They issued an "overweight" rating and a $19.00 target price on the stock. Weiss Ratings cut Mattel from a "buy (b-)" rating to a "hold (c)" rating in a research note on Wednesday, March 4th. Jefferies Financial Group reduced their target price on Mattel from $25.00 to $19.00 and set a "buy" rating on the stock in a research note on Wednesday, February 11th. Finally, Zacks Research raised Mattel from a "strong sell" rating to a "hold" rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $18.44.

Mattel Stock Down 1.4%

Shares of NASDAQ:MAT opened at $14.55 on Friday. The stock's 50-day moving average price is $15.50 and its 200-day moving average price is $18.33. Mattel, Inc. has a 12-month low of $14.10 and a 12-month high of $22.48. The stock has a market capitalization of $4.23 billion, a P/E ratio of 11.54 and a beta of 0.78. 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 (NASDAQ:MAT - Get Free Report) last announced 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 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 the consensus estimate of $1.85 billion. During the same period last year, the business posted $0.35 earnings per share. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. On average, equities analysts anticipate that Mattel, Inc. will post 1.3 earnings per share for the current year.

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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