Robeco Institutional Asset Management B.V. increased its position in shares of Hasbro, Inc. (NASDAQ:HAS – Free Report) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 737,370 shares of the company’s stock after acquiring an additional 25,077 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.52% of Hasbro worth $64,653,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Hasbro in the 2nd quarter valued at about $2,204,689,000. Bank of America Corp DE purchased a new stake in Hasbro during the second quarter worth about $289,258,000. Bank of New York Mellon Corp purchased a new stake in Hasbro during the second quarter worth about $130,731,000. Deutsche Bank AG acquired a new stake in shares of Hasbro during the second quarter worth about $89,467,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Hasbro during the second quarter worth about $66,071,000. 91.83% of the stock is currently owned by hedge funds and other institutional investors.
Hasbro Price Performance
HAS stock opened at $117.23 on Friday. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.46. The firm has a market capitalization of $16.53 billion, a P/E ratio of 15.92, a P/E/G ratio of 1.57 and a beta of 0.45. The business’s 50-day moving average is $93.46 and its two-hundred day moving average is $90.39. Hasbro, Inc. has a 1 year low of $69.50 and a 1 year high of $117.25.
Hasbro (NASDAQ:HAS – Get Free Report) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $1.04. Hasbro had a return on equity of 140.60% and a net margin of 18.44%. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter last year, the business posted $1.68 EPS. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. Analysts anticipate that Hasbro, Inc. will post 6.30 earnings per share for the current fiscal year.
Hasbro Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, November 18th will be paid a $0.70 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $2.80 dividend on an annualized basis and a yield of 2.4%. Hasbro’s payout ratio is currently 50.36%.
Hasbro News Summary
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: Strong quarterly performance: Hasbro reported quarterly earnings of $2.90 per share, well above the $1.86 analyst consensus, while revenue rose 15% year over year to $1.60 billion, exceeding expectations. The results helped drive the stock to a new one-year high. Hasbro Sets New 1-Year High After Better-Than-Expected Earnings
- Positive Sentiment: Magic franchise momentum: UBS said Hasbro appears confident in additional upside from the overall Magic franchise. Management has highlighted trading cards as the largest category in toys and games, with Magic reportedly contributing the vast majority of the company’s profits. Hasbro Shows Confidence in Overall Magic Franchise Upside
- Positive Sentiment: More bullish analyst views: Citigroup raised its price target to $137 and maintained a Buy rating, while BNP Paribas Exane lifted its target to $127 and reaffirmed Outperform. The revisions suggest analysts see further upside after the earnings beat.
- Neutral Sentiment: Boston headquarters relocation: CEO Chris Cocks said the move from Pawtucket to Boston is intended to improve access to talent and provide a more attractive environment for employees. The relocation could support recruiting, but it is not an immediate earnings catalyst. Hasbro CEO Explains Boston Move
- Negative Sentiment: Revenue outlook slightly cautious: Hasbro guided to fiscal 2026 revenue of $5.0 billion to $5.1 billion, with the midpoint below the $5.1 billion analyst consensus. Higher holiday costs and consumer pressure from rising prices could also weigh on toy demand.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the stock. BNP Paribas Exane reissued an “outperform” rating and issued a $127.00 price objective (up from $116.00) on shares of Hasbro in a research note on Wednesday. Jefferies Financial Group cut their target price on shares of Hasbro from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, July 16th. Argus upped their target price on shares of Hasbro from $90.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. UBS Group set a $125.00 target price on shares of Hasbro in a report on Wednesday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Hasbro from $125.00 to $111.00 and set an “overweight” rating for the company in a research report on Wednesday, July 22nd. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.07.
View Our Latest Stock Analysis on Hasbro
Insider Buying and Selling
In other Hasbro news, insider Timothy Kilpin sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $93.12, for a total transaction of $1,862,400.00. Following the completion of the transaction, the insider owned 54,229 shares in the company, valued at $5,049,804.48. The trade was a 26.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Holly Barbacovi sold 5,057 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $94.20, for a total transaction of $476,369.40. Following the transaction, the insider owned 37,486 shares of the company’s stock, valued at $3,531,181.20. This trade represents a 11.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 50,472 shares of company stock valued at $4,736,533 over the last ninety days. 0.71% of the stock is currently owned by corporate insiders.
Hasbro Company Profile
Hasbro, Inc is a global branded entertainment company that develops and markets toys, games, entertainment experiences and consumer products. Its portfolio includes well-known brands such as Monopoly, Play-Doh, Transformers, Nerf, My Little Pony, Dungeons & Dragons and Magic: The Gathering.
The company serves consumers through a range of channels, including retail, e-commerce, digital gaming, entertainment content and licensing. Hasbro also works with third-party partners to extend its brands into film and television, apparel, publishing and other consumer products.
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