Tidal Investments LLC Has $2.23 Million Position in Mattel, Inc. $MAT

Key Points

• Tidal Investments increased its Mattel stake by 184.6% in the second quarter, bringing its holdings to 160,814 shares valued at approximately $2.23 million. Institutional investors collectively own 97.15% of Mattel.
• Mattel’s latest quarter showed mixed results: revenue rose 10.5% year over year to $1.13 billion, but earnings per share of $0.01 missed analysts’ $0.04 estimate. Shares opened at $13.16, near the company’s one-year low.
• Investor sentiment remains cautious, with an executive selling 39,083 shares and analysts maintaining a consensus “Hold” rating with an average price target of $17.80, despite potential growth from the new Bluey licensing partnership and signs of improving toy demand.

Tidal Investments LLC grew its holdings in Mattel, Inc. (NASDAQ:MAT - Free Report) by 184.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 160,814 shares of the company's stock after purchasing an additional 104,302 shares during the period. Tidal Investments LLC owned approximately 0.06% of Mattel worth $2,232,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MAT. Integrated Wealth Concepts LLC acquired a new position in Mattel during the second quarter valued at $37,000. Squarepoint Ops LLC boosted its position in Mattel by 47.0% during the 2nd quarter. Squarepoint Ops LLC now owns 3,481,088 shares of the company's stock worth $48,318,000 after acquiring an additional 1,112,467 shares during the period. Nykredit A S acquired a new stake in Mattel during the 2nd quarter worth about $105,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Mattel during the 2nd quarter valued at about $271,000. Finally, AlphaGrep UK Ltd purchased a new position in Mattel during the 2nd quarter valued at about $436,000. Institutional investors and hedge funds own 97.15% of the company's stock.

Insider Activity at Mattel

In related news, EVP Roberto Isaias sold 39,083 shares of the firm's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $15.02, for a total value of $587,026.66. Following the transaction, the executive vice president directly owned 144,390 shares of the company's stock, valued at approximately $2,168,737.80. This trade represents a 21.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.90% of the company's stock.

Mattel Trading Down 1.9%

Shares of NASDAQ:MAT opened at $13.16 on Thursday. The stock has a market capitalization of $3.76 billion, a PE ratio of 9.68, a P/E/G ratio of 1.47 and a beta of 0.72. Mattel, Inc. has a 1 year low of $12.73 and a 1 year high of $22.48. The firm has a fifty day moving average price of $14.48 and a 200 day moving average price of $14.66. The company has a current ratio of 1.90, a quick ratio of 1.26 and a debt-to-equity ratio of 1.17.

Mattel (NASDAQ:MAT - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share 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 the consensus estimate of $1.10 billion. During the same quarter last year, the business earned $0.19 earnings per share. Mattel'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. Analysts expect that Mattel, Inc. will post 1.31 EPS for the current fiscal year.

Key Mattel News

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Bluey licensing partnership expands Mattel’s product pipeline. Mattel and BBC Studios announced a multi-year global partnership bringing the popular Bluey brand to Barbie, Hot Wheels, Fisher-Price, Polly Pocket and UNO products beginning this fall. The agreement could support incremental sales, broaden Mattel’s family-entertainment ecosystem and increase cross-brand engagement. Mattel and BBC Studios Expand the World of Bluey Through Multi-Brand Global Licensing Partnership
• Positive Sentiment: CEO signals improving consumer demand. Mattel’s chief executive said shoppers are buying toys again and expressed confidence in growth ahead. The comments may reassure investors that toy-industry demand is stabilizing, although execution and holiday-season sales will be important tests. Mattel CEO sees growth ahead as shoppers are buying toys again
• Positive Sentiment: Unusual options activity reflects speculative bullish interest. Investors purchased 8,105 call options, approximately 261% above average daily call volume. This may indicate expectations for a rebound, but options activity alone does not establish a fundamental improvement.
• Neutral Sentiment: Additional brand-building initiatives include a Barbie-themed downloadable-content pack for PowerWash Simulator 2 and the continued use of Barbie in STEM educational content. These efforts support engagement but are unlikely to materially affect near-term financial results.
• Negative Sentiment: Mattel’s latest reported quarter included an EPS shortfall versus analyst expectations, and the stock remains near its one-year low. Investors may therefore be waiting for evidence that the Bluey rollout and improving toy demand translate into stronger earnings before re-rating the shares.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group lowered shares of Mattel from a "neutral" rating to a "sell" rating and reduced their price target for the stock from $15.00 to $12.00 in a research report on Thursday, July 9th. 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 research report on Tuesday, July 14th. Weiss Ratings lowered shares of Mattel from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, August 11th. Odeon Capital Group began coverage on shares of Mattel in a research report on Thursday, July 16th. They issued a "buy" rating for the company. Finally, Argus reissued a "buy" rating and set a $22.00 target price on shares of Mattel in a research note on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Mattel currently has a consensus rating of "Hold" and an average target price of $17.80.

Mattel Profile

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets toys, games and consumer products. Its portfolio includes well-known brands such as Barbie, Hot Wheels, Fisher-Price, Matchbox, American Girl, UNO, Thomas & Friends and Masters of the Universe.

The company also develops entertainment and experiences based on its intellectual property, including content, films, television projects, digital games, live events and location-based attractions. Mattel generates additional business through licensing its brands for products and services produced by other companies.

Founded in 1945 and headquartered in El Segundo, California, Mattel serves consumers in markets around the world through retail, e-commerce and other distribution channels.

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