Hasbro, Inc. $HAS Stock Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its holdings in Hasbro, Inc. (NASDAQ:HAS) by 3.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 737,370 shares of the company’s stock after acquiring an additional 25,077 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Hasbro were worth $64,653,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HAS. BlackRock Inc. purchased a new stake in Hasbro during the second quarter worth approximately $2,204,689,000. Bank of America Corp DE acquired a new position in Hasbro in the second quarter valued at approximately $289,258,000. Amundi boosted its holdings in Hasbro by 21.1% in the first quarter. Amundi now owns 1,699,565 shares of the company’s stock valued at $159,079,000 after purchasing an additional 296,277 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Hasbro in the second quarter valued at approximately $130,731,000. Finally, Epoch Investment Partners Inc. increased its stake in Hasbro by 1.0% in the first quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company’s stock valued at $109,894,000 after purchasing an additional 12,182 shares during the last quarter. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Insider Transactions at Hasbro

In related news, CFO Gina Goetter sold 8,265 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $93.96, for a total transaction of $776,579.40. Following the completion of the sale, the chief financial officer owned 79,839 shares in the company, valued at $7,501,672.44. This represents a 9.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Hight sold 3,186 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $93.71, for a total transaction of $298,560.06. Following the sale, the insider owned 67,557 shares of the company’s stock, valued at approximately $6,330,766.47. This represents a 4.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 50,472 shares of company stock worth $4,736,533 over the last 90 days. Company insiders own 0.71% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on HAS. Weiss Ratings raised shares of Hasbro from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 15th. Wells Fargo & Company upped their target price on shares of Hasbro from $90.00 to $100.00 and gave the company an “equal weight” rating in a report on Wednesday. Argus upped their target price on shares of Hasbro from $90.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Wall Street Zen downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, Zacks Research lowered shares of Hasbro from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.07.

More Hasbro News

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.

Hasbro Price Performance

Shares of NASDAQ HAS opened at $117.23 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.46 and a debt-to-equity ratio of 2.79. Hasbro, Inc. has a twelve month low of $69.50 and a twelve month high of $117.25. The stock has a 50 day moving average of $93.46 and a two-hundred day moving average of $90.39. The stock has a market cap 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.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.90 earnings per share for the quarter, beating the consensus estimate of $1.86 by $1.04. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.48 billion. Hasbro had a return on equity of 140.60% and a net margin of 18.44%. The company’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.68 earnings per share. On average, research analysts forecast that Hasbro, Inc. will post 6.30 earnings per share for the current year.

Hasbro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, November 18th will be given a $0.70 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $2.80 annualized dividend and a yield of 2.4%. Hasbro’s dividend payout ratio is 50.36%.

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.