IT Manager

California State Teachers Retirement System raises holdings in Mattel, Inc. $MAT. August 7, 2026 Key points. * California State Teachers Retirement System increased its Mattel stake by 22.9% in the first quarter, bringing its holdings to 373,051 shares valued at approximately $5.42 million. Institutional investors and hedge funds collectively own 97.15% of the company. * Mattel's second-quarter revenue rose 10.5% year over year to $1.13 billion, exceeding expectations, but adjusted EPS of $0.01 missed the $0.04 consensus as tariffs, higher costs and margin pressure contributed to an $18 million loss. * Analysts have a consensus "Hold" rating and a $17.33 target price, while Mattel maintained its fiscal 2026 adjusted EPS outlook of $1.27 to $1.39. * Interested in Mattel? Here are five stocks we like better. California State Teachers Retirement System boosted its position in shares of Mattel, Inc. (NASDAQ:MAT - Free Report) by 22.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 373,051 shares of the company's stock after acquiring an additional 69,429 shares during the period. California State Teachers Retirement System owned 0.13% of Mattel worth $5,420,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds have also bought and sold shares of MAT. SJS Investment Consulting Inc. raised its stake in shares of Mattel by 2,959.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company's stock worth $25,000 after buying an additional 1,687 shares during the period. Quarry LP acquired a new stake in shares of Mattel during the third quarter worth about $28,000. Los Angeles Capital Management LLC acquired a new stake in Mattel in the 4th quarter valued at about $31,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Mattel during the 4th quarter worth approximately $36,000. Finally, Farther Finance Advisors LLC increased its position in Mattel by 107.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company's stock valued at $40,000 after acquiring an additional 1,048 shares during the period. 97.15% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings changes. MAT has been the topic of a number of research analyst reports. Zacks Research raised Mattel from a "strong sell" rating to a "hold" rating in a research note on Monday, April 13th. Odeon Capital Group began coverage on shares of Mattel in a report on Thursday, July 16th. They set a "buy" rating for the company. Roth Capital cut their price target 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. Citigroup reduced their price objective on Mattel from $16.00 to $15.00 and set a "neutral" rating on the stock in a research note on Friday, July 10th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Mattel in a report on Thursday, July 2nd. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $17.33. Discover more Mathematics Stock Screener Tool Key Mattel news. Here are the key news stories impacting Mattel this week: * Positive Sentiment: Mattel reported second-quarter sales of approximately $1.13 billion, up 10% year over year and above analyst expectations. Vehicles - particularly Hot Wheels - games, action figures and movie-related products were major contributors. Mattel Says Toy-Based Movies and Adult Collectors Drive 10% Q2 Growth * Positive Sentiment: Management said toy-based entertainment, adult collectors and the Masters of the Universe product line are helping convert movie and entertainment activity into toy sales, even though the film itself underperformed at the box office. Movies Give Mattel a Sales Lift, But Toymaker Reports $18 Million Loss * Positive Sentiment: Mattel reiterated its fiscal 2026 adjusted EPS outlook of $1.27 to $1.39 and is targeting a global launch of UNO Wild in early 2027, providing investors with continued earnings visibility and a future product catalyst. Mattel Reiterates 2026 EPS Outlook * Neutral Sentiment: New branded products - including K-pop Demon Hunters singing dolls and celebrity-inspired dolls - could increase visibility and licensing opportunities, although their financial contribution is not yet clear. Mattel K-pop Demon Hunters Dolls * Negative Sentiment: Adjusted EPS was $0.01, below the $0.04 consensus estimate and sharply below the year-ago result. Mattel reported an $18 million quarterly loss as tariffs, higher costs and margin pressure offset the sales gains. Mattel Q2 Earnings Miss Estimates Mattel stock performance. NASDAQ MAT opened at $14.49 on Friday. The company has a market cap of $4.21 billion, a P/E ratio of 10.65, a P/E/G ratio of 1.30 and a beta of 0.72. 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 1.50 and a current ratio of 1.90. The business's 50 day moving average price is $14.19 and its 200-day moving average price is $15.62. Mattel (NASDAQ:MAT - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.01 earnings per share 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 business had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.10 billion. During the same period last year, the company earned $0.19 earnings per share. The firm's 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 1.31 earnings per share for the current year. 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. Further reading. Want to see what other hedge funds are holding MAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mattel, Inc. (NASDAQ:MAT - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Mattel, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mattel wasn't on the list. While Mattel currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.

Mattel's Q2 growth Story runs through Hot Wheels, Games, and Action Figures. Net sales rise 10% as collector demand, theatrical releases, UNO, and Mattel Brick Shop power gains across key categories. Mattel's second quarter had plenty of winners on the shelf, even as tariffs and higher spending put pressure on profitability for the company named "Manufacturer of the Year" in The Toy Book's 2026 Pulse of Play Awards. Net sales reached $1.13 billion, up 10% year over year on a reported basis and 9% in constant currency. Sales in North America spiked 12%, while international sales rose 9%, as reported. "We continued to execute our multi-year strategy to grow our IP-driven play and family entertainment business in the second quarter with strong growth in net sales," said Mattel Chairman and CEO Ynon Kreiz. "Growth has continued in the third quarter, and we expect to achieve our full-year 2026 guidance. Our world-class brand portfolio and product offering, driven by our brand-centric operating model and global capabilities, position us well for the second half of the year." Hot Wheels remained one of Mattel's biggest engines. Vehicles' gross billings climbed 14% to $463 million, or 11% in constant currency, as the brand grew with both kids and adult collectors. Mattel expects Hot Wheels to deliver its ninth consecutive record year, with potential for further upside in the years ahead as the brand transcends the toy aisle into car culture and lifestyle. This fall will see an additional spike in vehicle sales as Matchbox The Movie debuts on AppleTV in October. The company's Action Figures, Building Sets, Games, and Other category posted the quarter's largest increase, with gross billings surging 35% to $358 million. On an earnings call with analysts this afternoon, Kreiz and his team leaned into the strength of the action figures category as a whole, including strong performance from Toy Story 5, WWE, and early shipments from Mattel's relaunched line inspired by DC superheroes and villains. The biggest winner came straight out of Eternia as the Masters of the Universe brand has more than tripled its sales this year, fueled by the performance of the live-action film from Amazon MGM Studios. When pressed about perceived underperformance at the box office, Kreiz reiterated the company's long-term plan, noting that Masters of the Universe was not only the No. 1 streaming title on Amazon's Prime Video upon its launch but also the No. 1 streaming film across all platforms globally. "Because of the movie, we expect Masters of the Universe to be a massive action figure brand for Mattel going into the future," Kreiz said. "This will be an important brand for 2026 and beyond. We own the IP. We own the underlying IP. We need to ignite it and delight fans." Games' growth came primarily from UNO and Mattel 163's contribution. Mattel Brick Shop also performed well during the quarter as the building and construction category continues to grow within the greater toy industry. Dolls gross billings declined 5% to $318 million. Lower Barbie and Polly Pocket sales were partially offset by growth tied to KPop Demon Hunters, Disney Princess, and Frozen. Mattel expects Barbie to return to growth in 2027. On the call, execs pointed to borrowing from the Hot Wheels playbook to boost Barbie, while working on plans tied to six classic Barbie animated films, similar to this year's program tied to the 25th anniversary of Barbie in the Nutcracker. Infant, Toddler, and Preschool fell 11% to $128 million, largely due to Fisher-Price. Little People offered a bright spot, growing by high double digits behind new partnerships. Execs believe that Little People could "become a more meaningful" business going forward. Mattel also advanced its entertainment and digital strategy. In addition to launching Masters of the Universe globally, it launched its first self-published mobile game and placed a second title into soft launch. The integration of Mattel163 remains underway. While there were high moments in Q2, the stronger sales quarter came at a cost. Gross margin declined to 48.2% as tariffs, inflation, higher royalties, and unfavorable foreign exchange weighed on results. Mattel reported operating income of $11 million and a net loss of $18 million. The company maintained its 2026 guidance and reaffirmed its $400 million share repurchase target. "2027 is shaping up to be a big year for the company. 2026 has been an investment year," Kreiz said. "And to be clear, we're not stopping there. This is the beginning." Next year will see the debut of Mattel's extensive Teenage Mutant Ninja Turtles collection, products tied to Disney Animation's Frozen 3, and a full year of execution on both DC and KPop Demon Hunters. James Zahn. James Zahn, AKA The Rock Father, is Editor-in-Chief of The Toy Book and Co-President of The International Toy Magazines Association (ITMA). He is also a Senior Editor at The Toy Insider and The Pop Insider, and Editor of The Toy Report, The Toy Book's weekly industry newsletter. As a pop culture and toy industry expert, Zahn has appeared as a panelist and guest at events including Comic-Con International: San Diego (SDCC), New York Comic Con, Wizard World Chicago, and the ASTRA Marketplace & Academy. Zahn has more than 30 years of experience in the entertainment, retail, and publishing industries, and is frequently called upon to offer expert commentary for publications such as Forbes, Marketwatch, the Wall Street Journal, the New York Times, USA Today, Reuters, the Washington Post, and more. James has appeared on History Channel's Modern Marvels, was interviewed by Larry King and Anderson Cooper, and has been seen on Yahoo! Finance, CNN, CNBC, FOX Business, NBC, ABC, CBS, WGN, The CW, and more. Zahn joined the Adventure Media & Events family in 2016, initially serving as a member of the Parent Advisory Board after penning articles for the Netflix Stream Team, Fandango Family, PBS KIDS, Sprout Parents (now Universal Kids), PopSugar, and Chicago Parent. He eventually joined the company full time as a Senior Editor and moved up the ranks to Deputy Editor and Editor-in-Chief.