Thrivent Financial for Lutherans Trims Position in Hasbro, Inc. $HAS

Thrivent Financial for Lutherans lessened its holdings in Hasbro, Inc. (NASDAQ:HAS) by 28.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 74,548 shares of the company’s stock after selling 30,087 shares during the period. Thrivent Financial for Lutherans’ holdings in Hasbro were worth $5,655,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Clarius Group LLC boosted its position in shares of Hasbro by 0.6% during the third quarter. Clarius Group LLC now owns 23,283 shares of the company’s stock worth $1,766,000 after acquiring an additional 146 shares during the last quarter. Kaufman Rossin Wealth LLC lifted its stake in Hasbro by 4.1% in the 3rd quarter. Kaufman Rossin Wealth LLC now owns 3,839 shares of the company’s stock worth $291,000 after purchasing an additional 151 shares in the last quarter. Retirement Systems of Alabama boosted its holdings in shares of Hasbro by 0.5% during the 3rd quarter. Retirement Systems of Alabama now owns 28,418 shares of the company’s stock valued at $2,156,000 after purchasing an additional 151 shares during the last quarter. Ballentine Partners LLC grew its position in shares of Hasbro by 3.2% during the third quarter. Ballentine Partners LLC now owns 5,085 shares of the company’s stock valued at $386,000 after purchasing an additional 158 shares in the last quarter. Finally, Visionary Horizons LLC increased its holdings in shares of Hasbro by 1.4% in the third quarter. Visionary Horizons LLC now owns 12,069 shares of the company’s stock worth $915,000 after purchasing an additional 166 shares during the last quarter. 91.83% of the stock is currently owned by institutional investors.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro Entertainment is tied to an HBO adaptation of Baldur’s Gate, extending Hasbro’s ability to monetize gaming IP through premium TV and streaming—positive for long‑term licensing and media revenue. ‘Baldur’s Gate’ TV Series Continuing Game’s Story In Works At HBO
• Positive Sentiment: Peppa Pig introduces George’s moderate hearing loss in its latest season—an inclusivity move that can boost brand relevance and merchandising opportunities for Hasbro’s eOne portfolio. Peppa Pig’s Brother George Revealed To Have ‘Moderate Hearing Loss’
• Positive Sentiment: Zacks highlights HAS as a top momentum stock for long‑term investors, signaling favorable quantitative/style scores that may attract momentum and model-driven flows. Why Hasbro (HAS) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Analysts’ consensus on HAS is an average “Moderate Buy,” which supports investor sentiment and could limit downside if Q4 results meet expectations. Hasbro, Inc. Given Average Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Zacks published earnings previews and Wall Street estimates for Hasbro’s Q4 — useful for gauging expectations for Wizards of the Coast, holiday product mix and pricing impact ahead of the print. Gear Up for Hasbro (HAS) Q4 Earnings: Wall Street Estimates for Key Metrics
• Neutral Sentiment: Zacks also outlined key items to watch in the Q4 release (Wizards of the Coast performance, holiday launches, pricing mix) — these details will drive near‑term share moves but are not new. Hasbro Prepares to Unveil Q4 Earnings: Key Things to Watch
• Negative Sentiment: Hasbro underperformed peers in the most recent trading session, a driver of today’s weakness as investors show caution ahead of quarterly results and reassess near‑term growth prospects. Hasbro Inc. stock underperforms Thursday when compared to competitors

Hasbro Stock Down 1.7%

Shares of HAS opened at $93.84 on Friday. The firm has a fifty day moving average price of $85.49 and a 200-day moving average price of $80.19. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 7.65. The firm has a market capitalization of $13.17 billion, a P/E ratio of -23.40, a P/E/G ratio of 1.71 and a beta of 0.56. Hasbro, Inc. has a 12-month low of $49.00 and a 12-month high of $97.41.

Insider Buying and Selling at Hasbro

In related news, Director Hope F. Cochran sold 4,000 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $77.24, for a total value of $308,960.00. Following the completion of the sale, the director directly owned 17,102 shares of the company’s stock, valued at $1,320,958.48. This represents a 18.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.85% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on HAS shares. Morgan Stanley raised their price target on Hasbro from $94.00 to $103.00 and gave the company an “overweight” rating in a report on Monday. Seaport Research Partners upgraded Hasbro to a “strong-buy” rating in a research report on Monday, November 10th. Roth Mkm boosted their price target on shares of Hasbro from $96.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday. Citigroup upped their price target on shares of Hasbro from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Finally, Wall Street Zen raised shares of Hasbro from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.64.

Hasbro Company Profile

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.