Patient Capital Exits Mattel Position Completely
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: Fool
- Complete Exit: Patient Capital Management fully sold its 2,794,343 shares of Mattel (MAT) in Q1, with an estimated trade value of $50.92 million, reflecting a cautious outlook on the company's future prospects.
- Valuation Change: According to the SEC filing, the quarter-end position valuation change was $55.44 million, indicating some market volatility impact despite the sale.
- Financial Performance: Mattel's Q1 net sales rose 4% to $862 million; however, sales for Barbie and Fisher-Price declined by 16% and 12%, respectively, indicating uneven brand performance that affects overall profitability.
- Management Optimism: Despite challenges, CEO Ynon Kreiz emphasized positive consumer demand and highlighted progress in the digital strategy, including the acquisition of Mattel163 and the upcoming launch of two self-published mobile games, showcasing the company's potential to transition into an entertainment and intellectual property firm.
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Analyst Views on MAT
Wall Street analysts forecast MAT stock price to rise
8 Analyst Rating
4 Buy
4 Hold
0 Sell
Moderate Buy
Current: 14.890
Low
20.00
Averages
24.43
High
30.00
Current: 14.890
Low
20.00
Averages
24.43
High
30.00
About MAT
Mattel, Inc. is a global toy and family entertainment company. The Company's operating segments include North America and International. The North America segment markets and sells toys and consumer products in the United States and Canada. Products marketed and sold by the International segment are generally the same as those marketed and sold by the North America segment, although some are developed or adapted for particular international markets. Its franchise brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO, Masters of the Universe, Matchbox, Monster High, MEGA, and Polly Pocket, as well as other popular properties that it owns or licensed in partnership with global entertainment companies. Its offerings include toys, content, consumer products, digital and live experiences. The Company’s products are sold directly to consumers through its e-commerce platform and various third-party e-commerce channels.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Mattel's Upcoming Film 'Masters of the Universe' Set for Release
- Film Release Schedule: Mattel Studios' live-action film 'Masters of the Universe', co-produced with Amazon MGM Studios, is set to release domestically on June 5, with Sony handling international distribution, indicating Mattel's expansion in the film industry.
- Plot Overview: The film follows Prince Adam, who crashes to Earth as a child and loses his magical Power Sword, only to reclaim it and return to his homeworld of Eternia, where he must embrace his destiny as He-Man and lead his allies against Skeletor.
- Investor Focus: As one of Mattel's most iconic brands, this live-action adaptation is seen as a flagship project within Mattel's growing film slate, potentially driving share price appreciation for the company.
- Future Film Plans: Beyond 'Masters of the Universe', Mattel Studios is developing various toy and brand-based film projects, including 'Matchbox: The Movie' and 'Polly Pocket', showcasing its ambition to create a comprehensive Mattel cinematic universe, which further boosts investor confidence.
See More
Patient Capital Exits Mattel Position Completely
- Complete Exit: Patient Capital Management fully sold its 2,794,343 shares of Mattel (MAT) in Q1, with an estimated trade value of $50.92 million, reflecting a cautious outlook on the company's future prospects.
- Valuation Change: According to the SEC filing, the quarter-end position valuation change was $55.44 million, indicating some market volatility impact despite the sale.
- Financial Performance: Mattel's Q1 net sales rose 4% to $862 million; however, sales for Barbie and Fisher-Price declined by 16% and 12%, respectively, indicating uneven brand performance that affects overall profitability.
- Management Optimism: Despite challenges, CEO Ynon Kreiz emphasized positive consumer demand and highlighted progress in the digital strategy, including the acquisition of Mattel163 and the upcoming launch of two self-published mobile games, showcasing the company's potential to transition into an entertainment and intellectual property firm.
See More
Patient Capital Fully Exits Mattel Shares
- Share Sale Details: Patient Capital sold 2,794,343 shares of Mattel in Q1, with an estimated trade value of $50.92 million, reflecting a 1.86% decrease in its reported U.S. equity assets under management.
- Valuation Impact: The sale resulted in a $55.44 million decline in quarter-end stake valuation, indicating weakened market confidence in Mattel's stock, which may affect investor sentiment regarding the company's long-term prospects.
- Financial Performance: Despite a 4% increase in Q1 net sales to $862 million, the decline in Barbie and Fisher-Price sales led to a 450 basis point contraction in gross margin, highlighting pressures on profitability.
- Management Outlook: CEO Ynon Kreiz remains optimistic about consumer demand and emphasizes progress in digital strategy, including the acquisition of Mattel163 and the upcoming launch of two self-published mobile games, indicating potential for the company's transformation.
See More
Mattel Unveils New Mattel Brick Shop Series with Iconic Brands
- Brand Expansion: Mattel has launched seven new Mattel Brick Shop™ building sets featuring iconic brands like Lamborghini and Audi, marking a significant expansion in their 2026 product lineup, which is expected to attract more consumers and enhance market share.
- Product Innovation: The new series includes Premium, Elite, and Speed Series sets that incorporate metal components and functional designs, enhancing realism and interactivity, aimed at appealing to builders and collectors, thereby driving sales growth.
- Market Positioning: The newly launched Lamborghini Miura P400 SV building set, featuring 1,524 pieces and priced at $129.59, celebrates the 60th anniversary of the Miura model, expected to become a high-end collectible, further solidifying Mattel's position in the premium toy market.
- Future Outlook: Ted Wu, General Manager and Global Head of Vehicles & Building Sets at Mattel, stated that the company will continue to explore new categories and collaborations while maintaining the craftsmanship, creativity, and authenticity that define the brand, driving long-term growth and market competitiveness.
See More
Hot Wheels Launches Search for Tiniest Team Principal
- Global Selection Event: Hot Wheels officially launches a global search for the first-ever Tiniest Team Principal from the U.S., U.K., and Mexico, with entry videos accepted from May 20 to June 16, and winners announced on June 23, highlighting the brand's focus on engaging young consumers.
- Unique Experience Opportunity: The winner will have the chance to visit Hot Wheels headquarters in California, meet with design and executive teams, and design their own Hot Wheels F1® die-cast car, enhancing brand interactivity and customer loyalty.
- Attractive Grand Prize: The Tiniest Team Principal will receive an all-expenses-paid trip to a Formula 1® Grand Prix and behind-the-scenes access, along with custom Hot Wheels race gear, significantly boosting the brand's market appeal and engagement.
- Child Participation Incentive: This initiative encourages children aged 5 to 10 to showcase their creativity and passion for racing, aiming to cultivate future automotive enthusiasts while injecting fresh energy into the brand.
See More
Serenity Capital Reduces Mattel Holdings
- Share Reduction Details: Serenity Capital disclosed in an SEC filing that it sold 383,611 shares of Mattel (MAT) during Q1 2026, with an estimated transaction value of $6.99 million, indicating a cautious stance towards the stock.
- Holding Proportion Analysis: As of March 31, 2026, Serenity's holdings in Mattel decreased to 2,002,032 shares, representing 7.02% of its reportable AUM, reflecting concerns about Mattel's future performance.
- Market Performance Overview: As of May 11, 2026, Mattel's stock price was $14.99, down 21.1% over the past year, significantly underperforming the S&P 500 by 44.02 percentage points, raising doubts about its profitability.
- Investor Focus Points: Despite Mattel's revenue growth exceeding expectations, the significant decline in gross margins due to tariffs, foreign exchange, and inflation pressures prompts investors to consider whether brand strength and digital investments can offset ongoing cost challenges.
See More
Mattel's Upcoming Film 'Masters of the Universe' Set for Release
- Film Release Schedule: Mattel Studios' live-action film 'Masters of the Universe', co-produced with Amazon MGM Studios, is set to release domestically on June 5, with Sony handling international distribution, indicating Mattel's expansion in the film industry.
- Plot Overview: The film follows Prince Adam, who crashes to Earth as a child and loses his magical Power Sword, only to reclaim it and return to his homeworld of Eternia, where he must embrace his destiny as He-Man and lead his allies against Skeletor.
- Investor Focus: As one of Mattel's most iconic brands, this live-action adaptation is seen as a flagship project within Mattel's growing film slate, potentially driving share price appreciation for the company.
- Future Film Plans: Beyond 'Masters of the Universe', Mattel Studios is developing various toy and brand-based film projects, including 'Matchbox: The Movie' and 'Polly Pocket', showcasing its ambition to create a comprehensive Mattel cinematic universe, which further boosts investor confidence.
See More
Patient Capital Exits Mattel Position Completely
- Complete Exit: Patient Capital Management fully sold its 2,794,343 shares of Mattel (MAT) in Q1, with an estimated trade value of $50.92 million, reflecting a cautious outlook on the company's future prospects.
- Valuation Change: According to the SEC filing, the quarter-end position valuation change was $55.44 million, indicating some market volatility impact despite the sale.
- Financial Performance: Mattel's Q1 net sales rose 4% to $862 million; however, sales for Barbie and Fisher-Price declined by 16% and 12%, respectively, indicating uneven brand performance that affects overall profitability.
- Management Optimism: Despite challenges, CEO Ynon Kreiz emphasized positive consumer demand and highlighted progress in the digital strategy, including the acquisition of Mattel163 and the upcoming launch of two self-published mobile games, showcasing the company's potential to transition into an entertainment and intellectual property firm.
See More
Patient Capital Fully Exits Mattel Shares
- Share Sale Details: Patient Capital sold 2,794,343 shares of Mattel in Q1, with an estimated trade value of $50.92 million, reflecting a 1.86% decrease in its reported U.S. equity assets under management.
- Valuation Impact: The sale resulted in a $55.44 million decline in quarter-end stake valuation, indicating weakened market confidence in Mattel's stock, which may affect investor sentiment regarding the company's long-term prospects.
- Financial Performance: Despite a 4% increase in Q1 net sales to $862 million, the decline in Barbie and Fisher-Price sales led to a 450 basis point contraction in gross margin, highlighting pressures on profitability.
- Management Outlook: CEO Ynon Kreiz remains optimistic about consumer demand and emphasizes progress in digital strategy, including the acquisition of Mattel163 and the upcoming launch of two self-published mobile games, indicating potential for the company's transformation.
See More
Mattel Unveils New Mattel Brick Shop Series with Iconic Brands
- Brand Expansion: Mattel has launched seven new Mattel Brick Shop™ building sets featuring iconic brands like Lamborghini and Audi, marking a significant expansion in their 2026 product lineup, which is expected to attract more consumers and enhance market share.
- Product Innovation: The new series includes Premium, Elite, and Speed Series sets that incorporate metal components and functional designs, enhancing realism and interactivity, aimed at appealing to builders and collectors, thereby driving sales growth.
- Market Positioning: The newly launched Lamborghini Miura P400 SV building set, featuring 1,524 pieces and priced at $129.59, celebrates the 60th anniversary of the Miura model, expected to become a high-end collectible, further solidifying Mattel's position in the premium toy market.
- Future Outlook: Ted Wu, General Manager and Global Head of Vehicles & Building Sets at Mattel, stated that the company will continue to explore new categories and collaborations while maintaining the craftsmanship, creativity, and authenticity that define the brand, driving long-term growth and market competitiveness.
See More
Hot Wheels Launches Search for Tiniest Team Principal
- Global Selection Event: Hot Wheels officially launches a global search for the first-ever Tiniest Team Principal from the U.S., U.K., and Mexico, with entry videos accepted from May 20 to June 16, and winners announced on June 23, highlighting the brand's focus on engaging young consumers.
- Unique Experience Opportunity: The winner will have the chance to visit Hot Wheels headquarters in California, meet with design and executive teams, and design their own Hot Wheels F1® die-cast car, enhancing brand interactivity and customer loyalty.
- Attractive Grand Prize: The Tiniest Team Principal will receive an all-expenses-paid trip to a Formula 1® Grand Prix and behind-the-scenes access, along with custom Hot Wheels race gear, significantly boosting the brand's market appeal and engagement.
- Child Participation Incentive: This initiative encourages children aged 5 to 10 to showcase their creativity and passion for racing, aiming to cultivate future automotive enthusiasts while injecting fresh energy into the brand.
See More
Serenity Capital Reduces Mattel Holdings
- Share Reduction Details: Serenity Capital disclosed in an SEC filing that it sold 383,611 shares of Mattel (MAT) during Q1 2026, with an estimated transaction value of $6.99 million, indicating a cautious stance towards the stock.
- Holding Proportion Analysis: As of March 31, 2026, Serenity's holdings in Mattel decreased to 2,002,032 shares, representing 7.02% of its reportable AUM, reflecting concerns about Mattel's future performance.
- Market Performance Overview: As of May 11, 2026, Mattel's stock price was $14.99, down 21.1% over the past year, significantly underperforming the S&P 500 by 44.02 percentage points, raising doubts about its profitability.
- Investor Focus Points: Despite Mattel's revenue growth exceeding expectations, the significant decline in gross margins due to tariffs, foreign exchange, and inflation pressures prompts investors to consider whether brand strength and digital investments can offset ongoing cost challenges.
See More
