Quantbot Technologies LP purchased a new stake in Hasbro, Inc. (NASDAQ:HAS – Free Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 35,558 shares of the company’s stock, valued at approximately $2,697,000.
Several other large investors have also modified their holdings of HAS. TD Waterhouse Canada Inc. raised its holdings in Hasbro by 4,246.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 80,193 shares of the company’s stock worth $6,040,000 after acquiring an additional 78,348 shares during the period. Prudential Financial Inc. grew its position in shares of Hasbro by 14.2% in the second quarter. Prudential Financial Inc. now owns 159,288 shares of the company’s stock valued at $11,759,000 after purchasing an additional 19,752 shares during the last quarter. AGF Management Ltd. bought a new position in shares of Hasbro in the third quarter worth about $895,000. Principal Financial Group Inc. increased its stake in shares of Hasbro by 34.0% in the third quarter. Principal Financial Group Inc. now owns 197,629 shares of the company’s stock worth $14,990,000 after purchasing an additional 50,189 shares during the period. Finally, Truist Financial Corp lifted its position in shares of Hasbro by 28.7% during the 3rd quarter. Truist Financial Corp now owns 54,210 shares of the company’s stock worth $4,112,000 after purchasing an additional 12,084 shares during the last quarter. 91.83% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
HAS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised their target price on Hasbro from $94.00 to $115.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Wolfe Research raised their price objective on shares of Hasbro from $90.00 to $124.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Monness Crespi & Hardt upped their target price on shares of Hasbro from $90.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Morgan Stanley raised their price target on shares of Hasbro from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Citigroup boosted their price objective on shares of Hasbro from $97.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Eleven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Hasbro presently has an average rating of “Moderate Buy” and a consensus price target of $114.08.
Hasbro Stock Down 1.4%
Shares of HAS stock opened at $97.63 on Wednesday. Hasbro, Inc. has a one year low of $49.00 and a one year high of $106.98. The company has a debt-to-equity ratio of 4.89, a current ratio of 1.38 and a quick ratio of 1.24. The stock has a fifty day moving average price of $91.99 and a 200 day moving average price of $83.05. The stock has a market cap of $13.74 billion, a P/E ratio of -41.54, a price-to-earnings-growth ratio of 1.71 and a beta of 0.54.
Hasbro (NASDAQ:HAS – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.52. 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% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share. Analysts predict that Hasbro, Inc. will post 4.33 earnings per share for the current year.
Hasbro Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be paid a dividend of $0.70 per share. The ex-dividend date is Wednesday, February 18th. This represents a $2.80 dividend on an annualized basis and a yield of 2.9%. Hasbro’s dividend payout ratio (DPR) is currently -119.15%.
Key Stories Impacting Hasbro
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: Broader analyst support: several sell‑side firms have raised price targets and ratings (Goldman Sachs, JPMorgan, Morgan Stanley and others), and broker consensus remains a “Moderate Buy” — supportive for medium‑term sentiment. Hasbro Receives Consensus Rating of Moderate Buy
- Positive Sentiment: Zacks Research raised multiple mid‑ and long‑term EPS forecasts (FY2026–FY2028 and several quarters), signaling improving expected earnings power beyond the current quarter. Hasbro Sees a More Significant Dip Than Broader Market (Zacks)
- Positive Sentiment: Dividend maintained: Hasbro declared a $0.70 quarterly dividend (2.8% yield), supporting income‑oriented investors. This continues to underpin shareholder returns even as near‑term EPS sees variability. Dividend / SEC filing (MarketBeat references)
- Neutral Sentiment: Product & IP activity: Hasbro rolled out branded SKU news (Star Wars Black Series two‑pack and a Monopoly FIFA World Cup 2026 edition with Panini cards). These support the product pipeline and licensing monetization but are typically incremental to near‑term results. Star Wars Black Series 2-pack unveiled Monopoly FIFA World Cup 2026 Edition
- Negative Sentiment: Insider selling: CEO Christian Cocks sold 196,411 shares (~$19.7M at an average price of $100.33) and reduced his stake materially. Large insider disposals can sap near‑term investor confidence even when management retains significant holdings. Christian Cocks Sells 196,411 Shares
- Negative Sentiment: Near‑term estimate cut: Zacks trimmed Q1 2026 EPS expectations (to ~$0.97), creating short‑term earnings uncertainty that can pressure the stock ahead of the quarter. Zacks cuts Q1 estimate
- Negative Sentiment: Third‑party downgrade/notes: at least one analyst piece flagged structural or valuation concerns (Seeking Alpha downgrade commentary), which can add selling pressure among value‑oriented investors. MAGIC Strength Increasingly Reflected (Downgrade)
Insider Buying and Selling at Hasbro
In other Hasbro news, insider Timothy J. Kilpin sold 7,773 shares of Hasbro stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $103.00, for a total transaction of $800,619.00. Following the sale, the insider directly owned 36,528 shares of the company’s stock, valued at approximately $3,762,384. The trade was a 17.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Tarrant L. Sibley sold 15,148 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $104.98, for a total value of $1,590,237.04. Following the completion of the transaction, the executive vice president directly owned 50,174 shares of the company’s stock, valued at approximately $5,267,266.52. The trade was a 23.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 413,342 shares of company stock worth $42,241,679 in the last three months. 0.85% of the stock is currently owned by company insiders.
Hasbro 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.
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