Hasbro, Inc. $HAS Stock Position Raised by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. raised its position in shares of Hasbro, Inc. (NASDAQ:HAS – Free Report) by 3,437.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 325,490 shares of the company’s stock after purchasing an additional 316,289 shares during the quarter. Eurizon Capital SGR S.p.A. owned 0.23% of Hasbro worth $28,540,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HAS. BlackRock Inc. purchased a new stake in shares of Hasbro in the second quarter worth $2,204,689,000. Bank of America Corp DE bought a new stake in shares of Hasbro during the 2nd quarter valued at $289,258,000. Bank of New York Mellon Corp purchased a new position in shares of Hasbro during the 2nd quarter valued at $130,731,000. Deutsche Bank AG purchased a new position in shares of Hasbro during the 2nd quarter valued at $89,467,000. Finally, Hsbc Holdings PLC purchased a new position in shares of Hasbro during the 2nd quarter valued at $66,071,000. 91.83% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on HAS shares. DA Davidson cut their price target on Hasbro from $100.00 to $95.00 and set a “neutral” rating for the company in a research note on Wednesday, July 22nd. BNP Paribas Exane restated an “outperform” rating and issued a $127.00 price objective (up from $116.00) on shares of Hasbro in a research report on Wednesday, October 21st. Citigroup upped their price objective on Hasbro from $117.00 to $137.00 and gave the stock a “buy” rating in a research note on Wednesday, October 21st. UBS Group increased their target price on Hasbro from $120.00 to $137.00 and gave the stock a “buy” rating in a research report on Wednesday, October 28th. Finally, Zacks Research upgraded Hasbro from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $114.93.

Check Out Our Latest Stock Analysis on HAS

Insider Transactions at Hasbro

In other news, insider Holly Barbacovi sold 5,057 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $94.20, for a total transaction of $476,369.40. Following the completion of the transaction, the insider owned 37,486 shares in the company, valued at $3,531,181.20. This trade represents a 11.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Gina Goetter sold 7,262 shares of Hasbro stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $118.99, for a total value of $864,105.38. Following the completion of the sale, the chief financial officer directly owned 72,577 shares in the company, valued at $8,635,937.23. This trade represents a 9.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 15,159 shares of company stock valued at $1,684,228. Company insiders own 0.71% of the company’s stock.

Hasbro News Roundup

Here’s some of the latest news about HAS:

  • Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $7.17 from $6.11 and its Q4 2027 estimate to $2.00 from $1.70, maintaining a Strong Buy rating. Hasbro was also added to Zacks’ top-ranked growth-stock list, reinforcing an optimistic analyst outlook. Zacks Research earnings estimates Zacks growth-stock list
  • Positive Sentiment: Hasbro expects Magic: The Gathering to extend its record 2026 performance into 2027, supported by a growing player base, broader retail distribution and a strong release pipeline. Continued franchise growth could bolster sales and earnings. Magic: The Gathering 2027 pipeline
  • Neutral Sentiment: CFO Gina Goetter sold 2,840 shares for about $344,000, but the transaction was made under a pre-arranged Rule 10b5-1 plan. She retained 69,737 shares, which may temper concern about the sale. CFO share sale

Hasbro Price Performance

HAS stock opened at $120.55 on Friday. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.24 and a current ratio of 1.40. The company’s fifty day moving average price is $101.60 and its 200-day moving average price is $94.01. Hasbro, Inc. has a one year low of $74.78 and a one year high of $124.62. The company has a market capitalization of $16.86 billion, a PE ratio of 16.97, a price-to-earnings-growth ratio of 1.50 and a beta of 0.36.

Hasbro (NASDAQ:HAS – Get Free Report) last posted its earnings results 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 company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Hasbro had a net margin of 18.44% and a return on equity of 140.60%. Hasbro’s quarterly revenue was up 15.0% on a year-over-year basis. During the same period last year, the company posted $1.68 earnings per share. On average, equities analysts anticipate that Hasbro, Inc. will post 7.03 EPS for the current fiscal year.

Hasbro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, November 18th. Hasbro’s dividend payout ratio is 41.85%.

Hasbro Company Profile

(Free Report)

Hasbro, Inc. is a global play and entertainment company that develops and sells toys, games and digital experiences, and licenses its brands for consumer products and entertainment. Its portfolio includes Transformers, Play-Doh, Nerf, Monopoly, My Little Pony, Magic: The Gathering and Dungeons & Dragons. Founded in 1923 as Hassenfeld Brothers, the company began as a family business before expanding into toys and games. Hasbro serves consumers in markets around the world through its products, licensing partnerships and digital offerings.

See Also

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Institutional Ownership by Quarter for Hasbro (NASDAQ:HAS)

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