Mitsubishi UFJ Trust & Banking Corp Sells 199,274 Shares of Mattel, Inc. $MAT

Key Points

• Mitsubishi UFJ Trust & Banking Corp sold 199,274 Mattel shares in Q4, cutting its stake by 61.8% to 123,209 shares worth about $2.44 million.
• Mattel beat Q results expectations with an EPS loss of ($0.20) vs. consensus (−$0.24) and revenue of $862.17M, and set FY2026 guidance of 1.270–1.390 EPS.
• Analysts show mixed views but a consensus rating of "Hold" and a consensus price target of $18.22, with individual targets clustered around $18–$19.

Mitsubishi UFJ Trust & Banking Corp lowered its stake in Mattel, Inc. (NASDAQ:MAT - Free Report) by 61.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,209 shares of the company's stock after selling 199,274 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Mattel were worth $2,444,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its holdings in Mattel by 537.7% in the third quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company's stock valued at $25,000 after acquiring an additional 1,140 shares in the last quarter. Quarry LP bought a new stake in Mattel in the third quarter valued at $28,000. Farther Finance Advisors LLC boosted its holdings in Mattel by 107.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company's stock valued at $40,000 after acquiring an additional 1,048 shares in the last quarter. Danske Bank A S bought a new stake in Mattel in the third quarter valued at $49,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Mattel by 74.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company's stock valued at $67,000 after acquiring an additional 1,468 shares in the last quarter. Institutional investors own 97.15% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on MAT shares. Jefferies Financial Group cut their price target on shares of Mattel from $25.00 to $19.00 and set a "buy" rating on the stock in a report on Wednesday, February 11th. Morgan Stanley set a $18.00 price target on shares of Mattel in a report on Wednesday, February 11th. The Goldman Sachs Group boosted their target price on shares of Mattel from $16.00 to $18.00 and gave the company a "neutral" rating in a report on Wednesday, February 18th. Wall Street Zen upgraded shares of Mattel from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Wells Fargo & Company dropped their target price on shares of Mattel from $19.00 to $18.00 and set an "overweight" rating on the stock in a report on Thursday. One research 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. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $18.22.

Mattel Stock Performance

Shares of Mattel stock opened at $14.85 on Tuesday. The stock has a market cap of $4.31 billion, a price-to-earnings ratio of 9.40, a PEG ratio of 1.32 and a beta of 0.74. The firm's 50-day moving average is $15.33 and its 200 day moving average is $18.26. Mattel, Inc. has a 1 year low of $14.10 and a 1 year high of $22.48. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.06 and a quick ratio of 1.50.

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

About Mattel

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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