Foyston Gordon & Payne Inc Takes Position in Mattel, Inc. $MAT

by · The Markets Daily

Foyston Gordon & Payne Inc bought a new position in Mattel, Inc. (NASDAQ:MAT – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 283,312 shares of the company’s stock, valued at approximately $3,932,000. Foyston Gordon & Payne Inc owned about 0.10% of Mattel as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sei Investments Co. lifted its holdings in Mattel by 107.3% in the 1st quarter. Sei Investments Co. now owns 2,159,405 shares of the company’s stock worth $31,376,000 after buying an additional 1,117,726 shares during the period. K.J. Harrison & Partners Inc grew its stake in shares of Mattel by 1,323.5% in the 4th quarter. K.J. Harrison & Partners Inc now owns 242,000 shares of the company’s stock worth $4,801,000 after buying an additional 225,000 shares during the last quarter. Bank of America Corp DE grew its position in Mattel by 14.6% during the 1st quarter. Bank of America Corp DE now owns 1,914,866 shares of the company’s stock valued at $27,823,000 after purchasing an additional 244,094 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Mattel by 514.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 644,268 shares of the company’s stock valued at $9,361,000 after purchasing an additional 539,373 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Mattel by 7.6% during the first quarter. Dimensional Fund Advisors LP now owns 11,052,845 shares of the company’s stock valued at $160,591,000 after buying an additional 783,102 shares during the last quarter. 97.15% of the stock is currently owned by institutional investors.

Mattel Price Performance

NASDAQ MAT opened at $14.51 on Friday. The business’s fifty day moving average is $14.24 and its 200 day moving average is $15.20. Mattel, Inc. has a fifty-two week low of $12.73 and a fifty-two week high of $22.48. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.26 and a current ratio of 1.90. The company has a market capitalization of $4.15 billion, a PE ratio of 10.67, a price-to-earnings-growth ratio of 1.40 and a beta of 0.72.

Mattel (NASDAQ:MAT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Mattel had a return on equity of 16.20% and a net margin of 7.79%.The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the previous year, the company earned $0.19 EPS. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Sell-side analysts predict that Mattel, Inc. will post 1.32 earnings per share for the current year.

Analyst Ratings Changes

MAT has been the subject of a number of research analyst reports. Weiss Ratings downgraded shares of Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. Odeon Capital Group began coverage on Mattel in a report on Thursday, July 16th. They issued a “buy” rating on the stock. Wells Fargo & Company dropped their target price on Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. JPMorgan Chase & Co. cut their price target on Mattel from $14.00 to $13.00 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group lowered shares of Mattel from a “neutral” rating to a “sell” rating and reduced their price target for the company from $15.00 to $12.00 in a research report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Mattel has a consensus rating of “Hold” and a consensus target price of $17.33.

Check Out Our Latest Report on Mattel

More Mattel News

Here are the key news stories impacting Mattel this week:

  • Positive Sentiment: Original Xbox collaboration creates product buzz: Mattel’s Brick Shop is launching a 3,509-piece, full-scale replica of Microsoft’s original Xbox, featuring hidden cheat codes and references to Halo, The Elder Scrolls and Psychonauts. The product extends Mattel’s reach into gaming collectibles and leverages the Xbox’s 25th-anniversary interest, potentially supporting higher-margin sales and visibility. Mattel Original Xbox Brick Set
  • Positive Sentiment: Value investor increases Mattel position: Ariel Investment founder John Rogers reportedly added 1,848,872 Mattel shares, while GuruFocus characterized the stock as approximately 34% undervalued based on its GF Value model. The purchase may reinforce the view that Mattel’s valuation is attractive after its recent decline, though it does not change the company’s near-term fundamentals. John Rogers Mattel Investment
  • Positive Sentiment: Additional franchise launches broaden demand: New Mattel products tied to KPop Demon Hunters and Gilmore Girls, along with the company’s UNO championship event and $50,000 prize, provide further licensing, marketing and consumer-engagement opportunities.
  • Neutral Sentiment: Marketing and destination projects remain in focus: Mattel is participating in Brandweek in Atlanta. Separately, a developer exited the Arizona Mattel Adventure Park project but continues pursuing a $539 million Kansas City plan, leaving the park strategy mixed and subject to execution risk. Mattel Adventure Park Development
  • Negative Sentiment: Premium pricing could constrain the Xbox set’s mass-market appeal: Coverage highlights that the buildable replica costs more than the original console did at launch. While likely designed as a collectible, its high price may limit unit volume and make the product’s financial contribution relatively modest.

Mattel Profile

(Free Report)

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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