Hasbro, Inc. $HAS Holdings Raised by Tectonic Advisors LLC

Tectonic Advisors LLC lifted its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 5.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 172,379 shares of the company’s stock after purchasing an additional 8,239 shares during the quarter. Tectonic Advisors LLC owned about 0.12% of Hasbro worth $15,114,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of HAS. Pension & Wealth Management Advisors Inc. acquired a new position in Hasbro during the 3rd quarter valued at about $27,000. Community Bank N.A. acquired a new stake in shares of Hasbro in the 2nd quarter worth approximately $26,000. Retirement Wealth Solutions LLC lifted its stake in shares of Hasbro by 1,741.2% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 313 shares of the company’s stock worth $27,000 after acquiring an additional 296 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Hasbro by 1,190.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 387 shares of the company’s stock valued at $32,000 after acquiring an additional 357 shares in the last quarter. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Hasbro in the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Analyst Upgrades and Downgrades

HAS has been the topic of several recent analyst reports. DA Davidson dropped their target price on Hasbro from $100.00 to $95.00 and set a “neutral” rating on the stock in a report on Wednesday, July 22nd. Zacks Research raised Hasbro from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Weiss Ratings raised Hasbro from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 15th. UBS Group set a $125.00 price target on Hasbro in a research report on Wednesday. Finally, JPMorgan Chase & Co. dropped their price objective on Hasbro from $125.00 to $111.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $114.07.

Key Stories Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Strong earnings momentum: Hasbro’s latest results exceeded expectations, with earnings per share of $2.90 versus the $1.86 consensus and revenue of $1.60 billion versus $1.48 billion expected. Revenue increased 15% year over year, helping drive the stock to a new 52-week high. Hasbro Sets New 1-Year High After Better-Than-Expected Earnings
• Positive Sentiment: Analyst and quantitative support: BNP Paribas Exane reaffirmed an “Outperform” rating, while Citigroup reportedly expects further appreciation. Hasbro was also added to multiple Zacks Rank #1 “Strong Buy” lists, including momentum and income-stock screens. BNP Paribas Exane Reaffirms Outperform Rating Best Momentum Stock to Buy
• Positive Sentiment: Magic franchise remains a key growth driver: UBS said Hasbro is showing confidence in the broader upside of Magic: The Gathering. Management also highlighted trading cards as the largest category in toys and games, reinforcing investor interest in the franchise’s growth and profitability. Hasbro Shows Confidence in Overall Magic Franchise Upside
• Neutral Sentiment: Boston relocation: CEO Chris Cocks cited access to talent and a more attractive urban environment as reasons for moving Hasbro’s headquarters from Pawtucket to Boston. The move may support recruiting, but its near-term financial impact is unclear. Hasbro’s CEO on the Company’s Relocation to Boston
• Negative Sentiment: Revenue guidance is slightly cautious: Hasbro issued fiscal 2026 revenue guidance of $5.0 billion to $5.1 billion, compared with the $5.1 billion analyst consensus. The lower end of the range could limit upside if investors view it as evidence of slowing growth.

Insider Activity

In other news, Director Elizabeth Hamren sold 1,975 shares of Hasbro stock in a transaction on Friday, August 7th. The stock was sold at an average price of $92.84, for a total transaction of $183,359.00. Following the transaction, the director owned 9,896 shares in the company, valued at approximately $918,744.64. The trade was a 16.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Timothy J. Kilpin sold 20,000 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $93.12, for a total value of $1,862,400.00. Following the transaction, the insider directly owned 54,229 shares in the company, valued at $5,049,804.48. The trade was a 26.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 50,472 shares of company stock worth $4,736,533. 0.71% of the stock is owned by corporate insiders.

Hasbro Price Performance

HAS stock traded up $0.21 on Friday, hitting $117.44. 2,767,216 shares of the company’s stock traded hands, compared to its average volume of 2,399,991. Hasbro, Inc. has a 1-year low of $74.78 and a 1-year high of $117.77. The stock has a market cap of $16.56 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 1.52 and a beta of 0.45. The stock has a fifty day moving average of $93.87 and a 200-day moving average of $90.58. 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 (NASDAQ:HAS) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $1.04. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Hasbro had a return on equity of 140.60% and a net margin of 18.44%. Hasbro’s revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the business posted $1.68 EPS. On average, analysts forecast that Hasbro, Inc. will post 6.69 EPS for the current fiscal year.

Hasbro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Wednesday, November 18th. Hasbro’s dividend payout ratio (DPR) is presently 41.85%.

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.