Hasbro, Inc. $HAS Stock: Tectonic Advisors LLC Increases Stake

Tectonic Advisors LLC grew its holdings in Hasbro, Inc. (NASDAQ:HAS) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 172,379 shares of the company’s stock after purchasing an additional 8,239 shares during the quarter. Tectonic Advisors LLC’s holdings in Hasbro were worth $15,114,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Community Bank N.A. acquired a new position in shares of Hasbro during the 2nd quarter worth about $26,000. Retirement Wealth Solutions LLC boosted its position in shares of Hasbro by 1,741.2% in the third quarter. Retirement Wealth Solutions LLC now owns 313 shares of the company’s stock valued at $27,000 after acquiring an additional 296 shares during the period. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Hasbro in the third quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. grew its stake 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 worth $32,000 after acquiring an additional 357 shares during the last quarter. Finally, Cedar Mountain Advisors LLC bought a new position in Hasbro during the first quarter worth $37,000. 91.83% of the stock is currently owned by institutional investors.

Hasbro Stock Performance

HAS traded up $0.21 during trading on Friday, reaching $117.44. 2,767,216 shares of the company’s stock were exchanged, compared to its average volume of 2,399,991. The company has a market capitalization of $16.56 billion, a P/E ratio of 17.55, a PEG ratio of 1.52 and a beta of 0.45. The company has a quick ratio of 1.46, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The business has a 50 day moving average price of $93.87 and a 200 day moving average price of $90.58. Hasbro, Inc. has a fifty-two week low of $74.78 and a fifty-two week high of $117.77.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. The business’s revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.68 EPS. As a group, analysts predict that Hasbro, Inc. will post 6.69 earnings per share for the current fiscal year.

Hasbro Announces Dividend

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

Hasbro News Summary

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 Transactions at Hasbro

In related news, Director Elizabeth Hamren sold 1,975 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $92.84, for a total value of $183,359.00. Following the completion of the transaction, the director owned 9,896 shares of the company’s stock, valued at $918,744.64. This represents a 16.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Timothy Kilpin sold 20,000 shares of Hasbro stock in a transaction that occurred 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 sale, 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. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 50,472 shares of company stock valued at $4,736,533. Corporate insiders own 0.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on HAS shares. BNP Paribas Exane reiterated an “outperform” rating and set a $127.00 target price (up from $116.00) on shares of Hasbro in a research note on Wednesday. Argus boosted their price objective on shares of Hasbro from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Wells Fargo & Company boosted their price objective on shares of Hasbro from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Wednesday. Citigroup upped their price objective on shares of Hasbro from $117.00 to $137.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, DA Davidson reduced their target price on shares of Hasbro from $100.00 to $95.00 and set a “neutral” rating for the company in a research note on Wednesday, July 22nd. One equities research 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 company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.07.

About Hasbro

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.