Mattel, Inc. $MAT is EdgePoint Investment Group Inc.’s 7th Largest Position

EdgePoint Investment Group Inc. lifted its position in Mattel, Inc. (NASDAQ:MAT) by 9.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,662,760 shares of the company’s stock after purchasing an additional 3,839,176 shares during the quarter. Mattel comprises about 5.6% of EdgePoint Investment Group Inc.’s investment portfolio, making the stock its 7th biggest position. EdgePoint Investment Group Inc. owned about 14.37% of Mattel worth $751,674,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC grew its holdings in 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 buying an additional 1,140 shares in the last quarter. Traub Capital Management LLC bought a new stake in Mattel in the 2nd quarter worth approximately $40,000. Employees Retirement System of Texas purchased a new stake in shares of Mattel during the 2nd quarter worth approximately $55,000. Allworth Financial LP boosted its position in shares of Mattel by 469.5% during the 2nd quarter. Allworth Financial LP now owns 2,853 shares of the company’s stock valued at $56,000 after acquiring an additional 2,352 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 acquiring an additional 1,468 shares during the last quarter. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

Mattel News Summary

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 Stock Down 1.0%

Shares of MAT opened at $16.06 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.15 and a debt-to-equity ratio of 1.04. The business has a fifty day moving average of $19.00 and a 200 day moving average of $18.96. The company has a market cap of $4.85 billion, a PE ratio of 12.75 and a beta of 0.72. Mattel, Inc. has a 52-week low of $13.94 and a 52-week high of $22.48.

Mattel (NASDAQ:MAT) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $1.85 billion. Mattel had a net margin of 7.44% and a return on equity of 20.72%. The company’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 EPS. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. On average, sell-side analysts expect that Mattel, Inc. will post 1.7 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MAT. Weiss Ratings cut shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research report on Wednesday, March 4th. Roth Mkm set a $16.00 price objective on shares of Mattel in a research 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 stock a “neutral” rating in a report on Wednesday, February 18th. DA Davidson decreased their target price on shares of Mattel from $25.00 to $18.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Finally, Citigroup downgraded shares of 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 report on Wednesday, February 11th. Four equities research 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’s stock. According to MarketBeat, Mattel currently has a consensus rating of “Hold” and an average target price of $18.44.

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.