Hasbro, Inc. $HAS Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA reduced its stake in Hasbro, Inc. (NASDAQ:HAS) by 9.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 491,322 shares of the company’s stock after selling 50,666 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.35% of Hasbro worth $37,267,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. SteelPeak Wealth LLC acquired a new position in Hasbro in the 2nd quarter worth about $2,822,000. Prudential Financial Inc. grew its holdings in Hasbro by 14.2% in the second quarter. Prudential Financial Inc. now owns 159,288 shares of the company’s stock valued at $11,759,000 after purchasing an additional 19,752 shares during the period. PARK CIRCLE Co purchased a new stake in shares of Hasbro in the second quarter valued at approximately $738,000. Truist Financial Corp increased its position in shares of Hasbro by 35.0% in the second quarter. Truist Financial Corp now owns 42,126 shares of the company’s stock valued at $3,110,000 after buying an additional 10,931 shares in the last quarter. Finally, Picton Mahoney Asset Management lifted its position in shares of Hasbro by 249.9% during the 2nd quarter. Picton Mahoney Asset Management now owns 205,967 shares of the company’s stock valued at $15,203,000 after buying an additional 147,104 shares in the last quarter. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Hasbro Stock Up 3.3%

NASDAQ HAS opened at $87.90 on Thursday. The business’s fifty day simple moving average is $82.50 and its 200-day simple moving average is $78.93. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 7.65. The firm has a market cap of $12.34 billion, a PE ratio of -21.92, a P/E/G ratio of 1.53 and a beta of 0.55. Hasbro, Inc. has a 52 week low of $49.00 and a 52 week high of $89.20.

Hasbro (NASDAQ:HAS) last posted its earnings results on Thursday, October 23rd. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.05. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.35 billion. Hasbro had a negative net margin of 12.81% and a positive return on equity of 82.17%. Hasbro’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.73 EPS. As a group, equities analysts anticipate that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Morgan Stanley reissued an “overweight” rating and issued a $94.00 price target on shares of Hasbro in a report on Sunday, December 14th. Roth Mkm set a $96.00 target price on shares of Hasbro and gave the company a “buy” rating in a research report on Friday, October 24th. Weiss Ratings reissued a “sell (d)” rating on shares of Hasbro in a research note on Monday, December 29th. Seaport Research Partners upgraded shares of Hasbro to a “strong-buy” rating in a research report on Monday, November 10th. Finally, The Goldman Sachs Group lowered their price objective on Hasbro from $90.00 to $88.00 and set a “buy” rating on the stock in a report on Friday, January 9th. Nine research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $93.00.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro added Doug Bowser (recently retired president of Nintendo of America) to its Board of Directors — investors view his platform and industry relationships as valuable for Hasbro’s gaming, licensing and cross‑platform strategies. Hasbro Announces Additions to Board of Directors
• Positive Sentiment: Media coverage emphasizes Bowser’s Nintendo background and potential to accelerate partnerships for Magic: The Gathering, Dungeons & Dragons and other IP — a strategic boost that can improve growth expectations. Retired Nintendo of America president Doug Bowser joins Hasbro’s board
• Neutral Sentiment: Hasbro set its Q4 and full‑year 2025 earnings release for Feb. 10, creating a near‑term catalyst for guidance and margin updates. Hasbro to Announce Fourth Quarter and Full Year 2025 Earnings on February 10, 2026
• Neutral Sentiment: Analysts and commentary are revisiting Hasbro’s valuation given recent share momentum and signs of margin recovery; this fuels both buy‑side interest and higher expectations heading into results. Hasbro (HAS) Valuation Check After Recent Share Price Momentum And Margin Recovery Hopes
• Neutral Sentiment: Product news (new Marvel action figures) keeps the core toy/collector business visible, but it’s a limited short‑term market mover compared with corporate and legal developments. Hasbro Starts 2026 With New Marvel Action Figures For Kids and Collectors
• Negative Sentiment: A law‑firm shareholder investigation (Kahn Swick & Foti) into Hasbro’s officers and directors was announced — this raises governance/legal risk and could pressure sentiment if it develops. Hasbro Investigation Initiated
• Negative Sentiment: Some market reports noted the stock initially dipped on the board appointment (suggesting mixed investor reaction or profit‑taking), indicating the news isn’t an unambiguous positive for all traders. Hasbro Stock (HAS) Slips Alongside Doug Bowser Board Appointment

Insider Transactions at Hasbro

In other Hasbro news, Director Hope F. Cochran sold 4,000 shares of Hasbro stock in a transaction on Monday, November 10th. The stock was sold at an average price of $77.24, for a total value of $308,960.00. Following the sale, the director owned 17,102 shares in the company, valued at $1,320,958.48. The trade was a 18.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.85% of the stock is currently owned by company insiders.

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.