Capital Research Global Investors Sells 1,963,988 Shares of Hasbro, Inc. $HAS

Capital Research Global Investors cut its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 39.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,063,521 shares of the company’s stock after selling 1,963,988 shares during the period. Capital Research Global Investors owned about 2.18% of Hasbro worth $232,368,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. CYBER HORNET ETFs LLC bought a new position in Hasbro in the second quarter valued at about $25,000. First Horizon Corp bought a new stake in Hasbro during the third quarter valued at approximately $29,000. MUFG Securities EMEA plc bought a new stake in shares of Hasbro during the 2nd quarter valued at $28,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of Hasbro in the third quarter worth about $34,000. Finally, Mather Group LLC. bought a new position in shares of Hasbro in the third quarter worth approximately $39,000. 91.83% of the stock is owned by institutional investors.

Hasbro Stock Down 0.7%

Shares of HAS stock opened at $95.07 on Wednesday. Hasbro, Inc. has a fifty-two week low of $49.00 and a fifty-two week high of $106.98. The company has a debt-to-equity ratio of 4.89, a quick ratio of 1.24 and a current ratio of 1.38. The firm has a market capitalization of $13.38 billion, a PE ratio of -40.46 and a beta of 0.54. The stock’s 50-day simple moving average is $93.31 and its 200-day simple moving average is $83.58.

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

Hasbro Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Wednesday, February 18th. Hasbro’s dividend payout ratio is currently -119.15%.

Insider Buying and Selling at Hasbro

In other Hasbro news, EVP Tarrant L. Sibley sold 15,148 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $104.98, for a total value of $1,590,237.04. Following the transaction, the executive vice president directly owned 50,174 shares of the company’s stock, valued at $5,267,266.52. This trade represents a 23.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Gina M. Goetter sold 12,429 shares of Hasbro stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $103.46, for a total value of $1,285,904.34. Following the transaction, the chief financial officer owned 68,221 shares in the company, valued at approximately $7,058,144.66. This represents a 15.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 413,342 shares of company stock valued at $42,241,679 over the last ninety days. 0.85% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HAS has been the topic of several research analyst reports. Morgan Stanley boosted their target price on shares of Hasbro from $103.00 to $119.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. DA Davidson raised their price objective on Hasbro from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. lifted their price target on shares of Hasbro from $94.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. UBS Group upped their price objective on Hasbro from $99.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Roth Mkm set a $120.00 target price on shares of Hasbro in a research note on Wednesday, February 11th. Eleven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.00.

Key Stories Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro’s recent earnings and strategy execution are being framed positively — analysts and outlets say Hasbro “crushed” estimates and that its pivot to digital IP and gaming appears to be working, supporting revenue and margin improvements. Hasbro and Whirlpool: Two Iconic American Brands Reinventing Themselves Under Pressure
• Positive Sentiment: Analysts and coverage highlight gaming upside and tariff shifts as tailwinds (gaming monetization, lower import/tariff pressure could help margins). These macro/segment trends underpin upside expectations for FY growth. How The Hasbro (HAS) Story Is Evolving With Gaming Upside And Tariff Shifts
• Positive Sentiment: Product momentum: Hasbro added new high-end collector entries to its Star Wars Black Series (Maul – Shadow Lord collection), supporting licensing/collector revenue and ongoing toy sell-through in core categories. Maul and the Eleventh Brother join Hasbro’s Star Wars: The Black Series Maul – Shadow Lord collection
• Neutral Sentiment: Clarification from management on AI: one interview states Magic and D&D design aren’t being generated by AI — a message intended to reassure fans/creators, but it sits alongside other comments and needs follow-up for policy clarity. Hasbro CEO swears they’re not using AI to design Magic and D&D
• Neutral Sentiment: Market pieces note Hasbro has outpaced broader market gains recently — underscores momentum but may already be priced in. Hasbro (HAS) outpaces stock market gains: What you should know
• Negative Sentiment: Mixed messaging on AI: separate coverage quotes Hasbro’s CEO describing use of AI “versions” of Peppa Pig and Optimus Prime to help design products — this raises potential IP, licensing, creative and brand-risk questions that could attract regulatory or partner scrutiny. Hasbro’s CEO has an AI Peppa Pig help design toys Hasbro CEO reveals company uses AI versions of Peppa Pig & Optimus Prime to make products
• Negative Sentiment: Reputational risk: a Variety piece highlights questions about the company’s handling of diversity-related issues tied to the Harry Potter franchise — such PR issues can pressure licensing relationships and consumer sentiment if they escalate. ‘Harry Potter’ Toy Company CEO Says ‘We Support Diversity’ When Asked About J.K. Rowling’s ‘Transphobia Hurting People in the Fandom’

About Hasbro

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.