Hasbro, Inc. $HAS Shares Purchased by Algert Global LLC

Algert Global LLC boosted its holdings in Hasbro, Inc. (NASDAQ:HAS) by 19.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,860 shares of the company’s stock after acquiring an additional 20,051 shares during the quarter. Algert Global LLC owned 0.09% of Hasbro worth $9,167,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HAS. Alliancebernstein L.P. increased its stake in Hasbro by 12.6% during the 3rd quarter. Alliancebernstein L.P. now owns 201,481 shares of the company’s stock valued at $15,282,000 after buying an additional 22,467 shares during the period. Ameriprise Financial Inc. lifted its position in Hasbro by 2.3% in the third quarter. Ameriprise Financial Inc. now owns 1,186,032 shares of the company’s stock worth $89,963,000 after purchasing an additional 26,153 shares during the period. Schonfeld Strategic Advisors LLC grew its holdings in Hasbro by 512.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 368,618 shares of the company’s stock worth $27,960,000 after acquiring an additional 308,405 shares during the period. Lazard Asset Management LLC grew its holdings in Hasbro by 77.6% during the third quarter. Lazard Asset Management LLC now owns 4,413 shares of the company’s stock worth $335,000 after acquiring an additional 1,928 shares during the period. Finally, SummitTX Capital L.P. bought a new stake in Hasbro in the third quarter worth about $1,015,000. Institutional investors own 91.83% of the company’s stock.

Hasbro Price Performance

Shares of NASDAQ:HAS opened at $92.85 on Tuesday. Hasbro, Inc. has a 12-month low of $49.00 and a 12-month high of $106.98. The company has a market cap of $13.06 billion, a P/E ratio of -39.51 and a beta of 0.54. The company has a quick ratio of 1.24, a current ratio of 1.38 and a debt-to-equity ratio of 4.89. The company’s fifty day moving average is $94.18 and its two-hundred day moving average is $83.94.

Hasbro (NASDAQ:HAS) last released its earnings results on Tuesday, February 10th. The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.52. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.The business’s revenue for the quarter was up 31.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 EPS. Equities analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Wednesday, February 18th. Hasbro’s dividend payout ratio is presently -119.15%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HAS shares. Wells Fargo & Company started coverage on shares of Hasbro in a report on Wednesday, March 11th. They issued an “equal weight” rating and a $98.00 price target for the company. Wall Street Zen upgraded shares of Hasbro from a “buy” rating to a “strong-buy” rating in a report on Sunday. UBS Group raised their price objective on Hasbro from $99.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Monness Crespi & Hardt lifted their target price on Hasbro from $90.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, BNP Paribas Exane assumed coverage on Hasbro in a research report on Wednesday, February 25th. They set an “outperform” rating and a $118.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Hasbro currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.07.

Insider Transactions at Hasbro

In other news, CFO Gina M. Goetter sold 12,429 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $103.46, for a total transaction of $1,285,904.34. Following the completion of the sale, the chief financial officer directly owned 68,221 shares of the company’s stock, valued at $7,058,144.66. This trade represents a 15.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Christian P. Cocks sold 196,411 shares of Hasbro stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $100.33, for a total value of $19,705,915.63. Following the sale, the chief executive officer owned 303,310 shares of the company’s stock, valued at approximately $30,431,092.30. This represents a 39.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 413,342 shares of company stock valued at $42,241,679 over the last 90 days. Company insiders own 0.85% of the company’s stock.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Q4 beat and $1 billion buyback — Hasbro reported a strong Q4 (revenue and EPS above expectations) and announced a $1B share repurchase plan, which supports EPS and shareholder returns. Hasbro (HAS) Valuation Check After Strong Q4 Beat And US$1b Share Repurchase Plan
• Positive Sentiment: New bond deal and franchise-focused strategy — Hasbro’s recent bond transaction and stated shift toward monetizing core franchises (e.g., entertainment, licensing) were framed as improving the company’s capital structure and strategic clarity, which could reduce refinancing risk and fund growth/shareholder returns. How Hasbro’s New Bond Deal And Franchise Focus At Hasbro (HAS) Has Changed Its Investment Story
• Positive Sentiment: Analyst upgrades — Argus and Wall Street Zen raised their ratings (including a Strong-Buy from Wall Street Zen), which can attract buyers and improve sentiment. Hasbro (NASDAQ:HAS) Upgraded at Argus Hasbro (NASDAQ:HAS) Upgraded to “Strong-Buy” at Wall Street Zen
• Positive Sentiment: Collector and product momentum — new product reveals (Star Wars Vintage Collection 2-pack, Nanomals interactive companions) and experiential initiatives (Spring Play Garden) help maintain brand relevance and merchandising opportunities. Star Wars: The Vintage Collection Obi-Wan Kenobi & Airborne Clone Trooper 2-pack revealed by Hasbro Nanomals by Hasbro! Adorable interactive mini companions! Hasbro’s Spring Play Garden
• Neutral Sentiment: AI stance on core IP — CEO says flagship properties Magic: The Gathering and Dungeons & Dragons will be exempt from generative AI use; this protects IP and fandom trust but may limit internal AI efficiency gains. Hasbro CEO Says MAGIC: THE GATHERING and DUNGEONS & DRAGONS Won’t Ever Use Generative AI Hasbro CEO brags about going all in on AI but MTG and DnD are exempt!
• Negative Sentiment: Balance-sheet/leverage and valuation concerns — Hasbro carries high reported debt-to-equity and mixed profitability metrics (negative net margin historically, negative P/E), which can make the stock vulnerable to macro volatility and weigh on multiple expansion despite recent beats. Market selling/volume suggest some profit-taking. (See company filings and market data.)

Hasbro Company Profile

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.