Caisse de depot et placement du Quebec Invests $25.23 Million in Hasbro, Inc. $HAS

Posted by Brenda Bartman on Aug 29th, 2026

Caisse de depot et placement du Quebec purchased a new position in shares of Hasbro, Inc. (NASDAQ:HAS – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 305,503 shares of the company’s stock, valued at approximately $25,231,000. Caisse de depot et placement du Quebec owned about 0.22% of Hasbro as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Hasbro during the 2nd quarter worth $2,204,689,000. Norges Bank purchased a new stake in shares of Hasbro in the fourth quarter valued at $147,748,000. 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 worth $220,089,000 after purchasing an additional 1,677,962 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Hasbro in the 2nd quarter worth about $130,731,000. Finally, AQR Capital Management LLC raised its stake in shares of Hasbro by 47.3% in the 4th quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock valued at $357,286,000 after acquiring an additional 1,399,499 shares during the period. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Stock Up 0.1%

HAS stock opened at $94.23 on Friday. The company has a 50-day moving average of $88.20 and a two-hundred day moving average of $91.26. The stock has a market capitalization of $13.29 billion, a price-to-earnings ratio of 16.95, a price-to-earnings-growth ratio of 1.72 and a beta of 0.47. The company has a debt-to-equity ratio of 4.16, a current ratio of 1.66 and a quick ratio of 1.46. Hasbro, Inc. has a 52-week low of $69.50 and a 52-week high of $106.98.

Hasbro (NASDAQ:HAS – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.12. Hasbro had a return on equity of 141.11% and a net margin of 15.97%.The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the company posted $1.30 earnings per share. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Hasbro, Inc. will post 6.15 EPS for the current year.

Hasbro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.70 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.80 annualized dividend and a dividend yield of 3.0%. Hasbro’s payout ratio is currently 50.36%.

Analysts Set New Price Targets

A number of brokerages have commented on HAS. Weiss Ratings upgraded shares of Hasbro from a “sell (d+)” rating to a “hold (c+)” rating in a report on Friday, July 31st. JPMorgan Chase & Co. reduced their price objective on Hasbro from $125.00 to $111.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Citigroup reaffirmed a “buy” rating on shares of Hasbro in a research note on Thursday, July 23rd. Wells Fargo & Company lifted their target price on Hasbro from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Thursday, August 20th. Finally, Morgan Stanley upped their price target on Hasbro from $122.00 to $123.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $109.43.

View Our Latest Stock Analysis on Hasbro

Insider Buying and Selling

In other news, CFO Gina M. Goetter sold 8,265 shares of Hasbro stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $93.96, for a total transaction of $776,579.40. Following the transaction, the chief financial officer owned 79,839 shares in the company, valued at $7,501,672.44. The trade was a 9.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider John Hight sold 3,186 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $93.71, for a total transaction of $298,560.06. Following the completion of the sale, the insider directly owned 67,557 shares in the company, valued at $6,330,766.47. This represents a 4.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 45,415 shares of company stock worth $4,260,164. Company insiders own 0.71% of the company’s stock.

Hasbro Company Profile

(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.