56,186 Shares in Mattel, Inc. $MAT Bought by Fieldview Capital Management LLC

Fieldview Capital Management LLC bought a new stake in Mattel, Inc. (NASDAQ:MAT) during the 3rd quarter, HoldingsChannel reports. The firm bought 56,186 shares of the company’s stock, valued at approximately $946,000.

A number of other institutional investors have also bought and sold shares of the company. Swiss National Bank grew its holdings in Mattel by 1.5% during the 3rd quarter. Swiss National Bank now owns 626,100 shares of the company’s stock worth $10,537,000 after acquiring an additional 9,200 shares during the period. WINTON GROUP Ltd lifted its stake in shares of Mattel by 19.9% in the 3rd quarter. WINTON GROUP Ltd now owns 47,450 shares of the company’s stock valued at $799,000 after purchasing an additional 7,888 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Mattel by 18.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 110,878 shares of the company’s stock valued at $1,866,000 after purchasing an additional 16,964 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in Mattel by 196.2% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 60,079 shares of the company’s stock worth $1,011,000 after purchasing an additional 39,799 shares during the period. Finally, First Trust Advisors LP grew its stake in Mattel by 1.6% during the third quarter. First Trust Advisors LP now owns 413,595 shares of the company’s stock worth $6,961,000 after purchasing an additional 6,711 shares during the period. Institutional investors own 97.15% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on MAT shares. Citigroup lowered Mattel from a “buy” rating to a “neutral” rating and dropped their price target for the company from $25.00 to $16.00 in a research note on Wednesday, February 11th. DA Davidson reduced their price objective on shares of Mattel from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Roth Mkm set a $16.00 price objective on shares of Mattel in a research note on Wednesday, February 11th. Morgan Stanley set a $18.00 target price on shares of Mattel in a research report on Wednesday, February 11th. Finally, Seaport Research Partners raised shares of Mattel to a “hold” rating in a research note on Monday, November 10th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $18.38.

Mattel Stock Up 0.7%

Mattel stock opened at $16.01 on Tuesday. Mattel, Inc. has a fifty-two week low of $13.94 and a fifty-two week high of $22.48. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.76 and a current ratio of 2.15. The firm’s 50-day simple moving average is $19.31 and its 200 day simple moving average is $19.02. The stock has a market cap of $4.84 billion, a PE ratio of 12.71 and a beta of 0.72.

Mattel (NASDAQ:MAT) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.14). Mattel had a net margin of 7.44% and a return on equity of 20.72%. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the business posted $0.35 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Research analysts predict that Mattel, Inc. will post 1.7 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.