2,319,895 Shares in Mattel, Inc. $MAT Acquired by Simcoe Capital Management LLC

Simcoe Capital Management LLC acquired a new position in shares of Mattel, Inc. (NASDAQ:MAT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,319,895 shares of the company’s stock, valued at approximately $39,044,000. Mattel makes up 5.7% of Simcoe Capital Management LLC’s holdings, making the stock its 8th biggest holding. Simcoe Capital Management LLC owned approximately 0.75% of Mattel as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of MAT. EdgePoint Investment Group Inc. raised its position in shares of Mattel by 12.9% during the second quarter. EdgePoint Investment Group Inc. now owns 40,823,584 shares of the company’s stock worth $805,041,000 after acquiring an additional 4,665,541 shares during the last quarter. Ariel Investments LLC lifted its stake in shares of Mattel by 2.6% during the second quarter. Ariel Investments LLC now owns 14,220,786 shares of the company’s stock valued at $280,434,000 after acquiring an additional 362,671 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Mattel by 4.4% in the third quarter. Dimensional Fund Advisors LP now owns 9,517,597 shares of the company’s stock valued at $160,184,000 after acquiring an additional 401,469 shares during the last quarter. Frontier Capital Management Co. LLC increased its position in Mattel by 0.6% in the second quarter. Frontier Capital Management Co. LLC now owns 8,980,205 shares of the company’s stock worth $177,090,000 after purchasing an additional 55,916 shares during the period. Finally, LSV Asset Management increased its position in Mattel by 5.6% in the third quarter. LSV Asset Management now owns 6,017,810 shares of the company’s stock worth $101,280,000 after purchasing an additional 318,172 shares during the period. 97.15% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Weiss Ratings downgraded shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research report on Wednesday, March 4th. JPMorgan Chase & Co. cut shares of Mattel from a “neutral” rating to an “underweight” rating and set a $14.00 price target for the company. in a research report on Wednesday, February 11th. Citigroup downgraded shares of Mattel from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $25.00 to $16.00 in a research note on Wednesday, February 11th. Jefferies Financial Group cut their price objective 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. Finally, UBS Group reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Mattel in a research note on Thursday, March 5th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $18.44.

Mattel Price Performance

Mattel stock opened at $16.06 on Friday. The company has a current ratio of 2.15, a quick ratio of 1.76 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $4.85 billion, a P/E ratio of 12.75 and a beta of 0.72. The business has a 50-day moving average of $19.00 and a 200-day moving average of $18.95. Mattel, Inc. has a 1 year low of $13.94 and a 1 year high of $22.48.

Mattel (NASDAQ:MAT) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.14). The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.85 billion. Mattel had a net margin of 7.44% and a return on equity of 20.72%. The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.35 earnings per share. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. On average, equities analysts anticipate that Mattel, Inc. will post 1.7 EPS for the current year.

Trending Headlines about Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Serenity Capital Management opened a roughly $43M Mattel stake, signaling institutional confidence and potential buying support. Serenity Capital Management Opens $43 Million Mattel Position
• Positive Sentiment: Management is pushing a brand‑centric pivot into IP, gaming and entertainment as the next growth phase — a strategic shift that could expand revenue streams beyond toys if execution succeeds. Mattel bets on IP, gaming and entertainment to drive next phase of growth
• Neutral Sentiment: CEO commentary (interviews and conference appearances) emphasizes 2026 as a transformational year converting Mattel into an IP/entertainment platform — useful for long‑term thesis but dependent on milestones. Mattel CEO: 2026 is transformational year for brand-centric strategy
• Neutral Sentiment: Mattel presented at the UBS Global Consumer & Retail conference (slides/transcript available) — ongoing investor outreach that can reduce informational uncertainty but won’t immediately change fundamentals. Mattel, Inc. (MAT) Presents at UBS Global Consumer and Retail Conference – Slideshow
• Neutral Sentiment: Marketing/brand programs (e.g., Hot Wheels Legends Tour) sustain consumer engagement and merchandising opportunities but are low near‑term earnings drivers. Hot Wheels Legends Tour Now Accepting Entries
• Negative Sentiment: The Portnoy Law Firm announced an investigation into possible securities fraud and may file a class action — legal risk increases uncertainty and could lead to costs or management distraction. Mattel, Inc. Investigated by the Portnoy Law Firm
• Negative Sentiment: Zacks downgraded Mattel from “hold” to “strong sell,” which can amplify selling pressure from retail and momentum traders. Zacks.com

Mattel 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.