Mattel, Inc. $MAT Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. trimmed its Mattel stake by 5.6% in Q4, selling 1,799,896 shares and now holds 30,521,569 shares (a 9.82% stake) valued at about $605.55 million.
• Mattel beat Q1 revenue and EPS (revenue $862.17M; EPS -$0.20 vs. -$0.24 est.), set FY2026 adjusted EPS guidance of 1.270–1.390, and highlighted Hot Wheels strength, entertainment/IP monetization and buybacks as growth drivers.
• Despite the beat, margins are under pressure from tariffs, FX and inflation and sell‑side caution has risen — JPMorgan cut its price target to $13 — with a consensus "Hold" rating and average target of $18.22; the stock trades around $14.93 (market cap ~$4.34B, PE 9.45).

Vanguard Group Inc. cut its position in shares of Mattel, Inc. (NASDAQ:MAT - Free Report) by 5.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 30,521,569 shares of the company's stock after selling 1,799,896 shares during the quarter. Vanguard Group Inc. owned 9.82% of Mattel worth $605,548,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Cornerstone Planning Group LLC increased 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 during the period. Quarry LP acquired a new position in shares of Mattel during the 3rd quarter valued at $28,000. Farther Finance Advisors LLC increased its position in shares of Mattel by 107.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company's stock valued at $40,000 after purchasing an additional 1,048 shares during the period. Danske Bank A S acquired a new position in shares of Mattel during the 3rd quarter valued at $49,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of 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 purchasing an additional 1,468 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 $14.93 on Monday. The stock has a market cap of $4.34 billion, a PE ratio of 9.45, a price-to-earnings-growth ratio of 1.32 and a beta of 0.74. The business has a fifty day simple moving average of $15.33 and a 200-day simple moving average of $18.26. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.11. Mattel, Inc. has a 12 month low of $14.10 and a 12 month high of $22.48.

Mattel (NASDAQ:MAT - Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.04. The business had revenue of $862.17 million during the quarter, compared to analysts' expectations of $808.38 million. Mattel had a return on equity of 18.67% and a net margin of 9.27%.Mattel's revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.03) earnings per share. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, sell-side analysts anticipate that Mattel, Inc. will post 1.34 EPS for the current fiscal year.

Key Mattel News

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Q1 results beat revenue and EPS expectations; management reiterated FY26 adjusted EPS range and pointed to Hot Wheels strength and entertainment-led growth as drivers for the year. Mattel, Inc. Q1 2026 Earnings Call Summary
• Positive Sentiment: Company raised or maintained its full‑year profit outlook and emphasized entertainment/IP monetization (movies/gaming) and share repurchases as long‑term value drivers. These items support upside if execution continues. Mattel tops quarterly sales estimates on steady toy demand, entertainment push
• Neutral Sentiment: Analyst pieces and investor commentary highlight Mattel’s transformation into a brand/IP company and note a sizeable buyback plan — bullish long term but reliant on successful content and margin recovery. Mattel: Time To Go Toy Shopping
• Neutral Sentiment: New product drops (K‑Pop Demon Hunters collectibles, WWE Elite waves) and ongoing franchise activity support steady SKU momentum but are unlikely to move the stock near term. Mattel Drops New KPop Demon Hunters Blind Box Figures
• Negative Sentiment: Margins came under pressure in Q1 from tariffs, FX and inflation; analysts note some benefits from fading tariff headwinds are offset by oil‑driven cost inflation and softer toddler sales — a key reason for investor caution. Mattel: Lackluster Execution Limits Upside (Rating Downgrade)
• Negative Sentiment: Major sell‑side cut: JPMorgan lowered its price target to $13 and moved to "underweight," increasing near‑term downside risk and fueling the session's selling pressure. Tickerreport: JPMorgan PT cut
• Negative Sentiment: Broader analyst downgrades and negative notes pointing to execution issues and revised free‑cash‑flow expectations are keeping sentiment cautious despite the headline beat. Analysts boost AMD and Palantir, cut Mattel and Pinterest

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MAT. Citigroup cut Mattel from a "buy" rating to a "neutral" rating and lowered their price target for the company from $25.00 to $16.00 in a research report on Wednesday, February 11th. DA Davidson reduced their price objective on Mattel from $25.00 to $18.00 and set a "buy" rating for the company in a research note on Wednesday, February 11th. Argus raised Mattel to a "strong-buy" rating in a research note on Friday, March 13th. Wells Fargo & Company reduced their price objective on Mattel from $19.00 to $18.00 and set an "overweight" rating for the company in a research note on Thursday. 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 assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mattel currently has an average rating of "Hold" and a consensus price target of $18.22.

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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