ING Groep NV Increases Stock Position in Hasbro, Inc. $HAS

ING Groep NV boosted its stake in Hasbro, Inc. (NASDAQ:HASFree Report) by 202.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 111,266 shares of the company’s stock after purchasing an additional 74,490 shares during the period. ING Groep NV’s holdings in Hasbro were worth $8,440,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of HAS. Bank of America Corp DE increased its position in Hasbro by 128.7% during the second quarter. Bank of America Corp DE now owns 2,981,423 shares of the company’s stock valued at $220,089,000 after acquiring an additional 1,677,962 shares during the last quarter. Norges Bank bought a new stake in shares of Hasbro during the 2nd quarter valued at about $123,710,000. AQR Capital Management LLC increased its position in shares of Hasbro by 95.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,259,812 shares of the company’s stock valued at $164,831,000 after purchasing an additional 1,105,004 shares during the last quarter. Mane Global Capital Management LP purchased a new stake in shares of Hasbro during the 2nd quarter valued at about $77,471,000. Finally, Wedge Capital Management L L P NC bought a new position in shares of Hasbro in the 3rd quarter worth approximately $30,608,000. 91.83% of the stock is owned by institutional investors.

Hasbro Stock Up 1.8%

Shares of HAS opened at $105.91 on Thursday. The business’s 50 day moving average is $86.69 and its 200 day moving average is $80.76. The company has a current ratio of 1.38, a quick ratio of 1.42 and a debt-to-equity ratio of 4.89. Hasbro, Inc. has a 12-month low of $49.00 and a 12-month high of $106.71. The company has a market capitalization of $14.86 billion, a PE ratio of -45.07, a price-to-earnings-growth ratio of 1.86 and a beta of 0.56.

Hasbro (NASDAQ:HASGet Free Report) last released its earnings results on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, topping the consensus estimate of $0.99 by $0.52. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.26 billion. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The company’s quarterly revenue was up 31.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 earnings per share. Research analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, February 18th. Hasbro’s dividend payout ratio is presently -119.15%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on HAS shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Hasbro in a research note on Monday, December 29th. The Goldman Sachs Group raised their target price on Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a report on Wednesday. Seaport Research Partners raised Hasbro to a “strong-buy” rating in a report on Monday, November 10th. JPMorgan Chase & Co. upped their price target on Hasbro from $94.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, UBS Group reaffirmed a “buy” rating on shares of Hasbro in a research note on Wednesday. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Hasbro currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

Read Our Latest Report on Hasbro

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

  • Positive Sentiment: Quarterly beat, large buyback and upbeat guidance — Hasbro reported Q4 EPS $1.51 vs. $0.99 est. and revenue $1.45B, then announced a $1B buyback and raised FY messaging, which is driving investor optimism. Article Title
  • Positive Sentiment: Magic: The Gathering is the growth engine — Wizards-led MTG posted roughly $1.7–$1.72B in sales and was credited for large revenue and margin improvements, underpinning the beat and confidence in durable growth. Article Title
  • Positive Sentiment: Major Harry Potter licensing deal — A multi‑year agreement with Warner Bros. Discovery to be the primary toy licensee for the upcoming HBO Harry Potter series adds a multi-year product pipeline and revenue visibility. Article Title
  • Positive Sentiment: Analyst upgrades and higher price targets — Morgan Stanley and JPMorgan raised targets and kept overweight ratings (MS to $119, JPM to $115), which supports further upside sentiment. Article Title
  • Neutral Sentiment: Dividend declared — Hasbro declared a $0.70 quarterly dividend (ex-div Feb. 18), a modest income signal but already largely priced in.
  • Neutral Sentiment: Short-interest reporting shows essentially zero days-to-cover in recent data releases (likely data quirk); not indicating a material change to positioning.
  • Negative Sentiment: Lawsuit alleges overprinting of Magic: The Gathering cards — A new suit claims Hasbro/Wizards overprinted cards, a legal and brand-risk that could concern collectors and secondary-market values if it gains traction. Article Title
  • Negative Sentiment: Macro/tariff and demand caution — Management noted incremental tariff headwinds and some commentary flagged domestic retail softness, which could pressure toy segments if trends persist. Article Title
  • Negative Sentiment: Bearish mentions in short-idea coverage — Some outlets included Hasbro on watchlists of consumer stocks that “may fall off a cliff,” reflecting elevated caution among certain traders despite the beat. Article Title

About Hasbro

(Free Report)

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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