Capital Wealth Planning LLC Makes New Investment in Hasbro, Inc. $HAS

Capital Wealth Planning LLC acquired a new stake in shares of Hasbro, Inc. (NASDAQ:HAS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 47,378 shares of the company’s stock, valued at approximately $3,594,000.

A number of other institutional investors also recently modified their holdings of the company. FORA Capital LLC bought a new position in shares of Hasbro in the 3rd quarter worth $458,000. Glenmede Investment Management LP increased its stake in Hasbro by 30.1% during the 3rd quarter. Glenmede Investment Management LP now owns 9,240 shares of the company’s stock valued at $701,000 after purchasing an additional 2,137 shares in the last quarter. Eisler Capital Management Ltd. acquired a new position in Hasbro during the third quarter worth $314,000. Entropy Technologies LP bought a new position in shares of Hasbro in the third quarter valued at $1,518,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Hasbro in the third quarter valued at $1,524,000. 91.83% of the stock is owned by institutional investors and hedge funds.

Hasbro News Roundup

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: CEO pledge to avoid generative AI in Magic: The Gathering and Dungeons & Dragons preserves brand integrity and reduces risk of community backlash or IP/legal issues — a defensive move that may protect long-term franchise value. Hasbro’s CEO Says ‘Magic: The Gathering’ and ‘Dungeons & Dragons’ Will Never Use Generative AI
• Positive Sentiment: Product pipeline update: Hasbro revealed a new Transformers “Grimlock” Studio Series Titan-class figure — incremental merchandising and collector product news that supports toy/IP revenue streams. Transformers: Age of Extinction Grimlock Studio Series figure revealed by Hasbro
• Neutral Sentiment: Wells Fargo initiated coverage of HAS — initiations can move stock depending on the published rating and price target; investors should check the note for guidance. Wells Fargo & Company Initiates Coverage on Hasbro
• Neutral Sentiment: CEO’s public response to anti–Harry Potter activists signals management’s willingness to defend key franchises — relevant to brand reputation but unlikely to move fundamentals materially. Hasbro CEO tells anti-Harry Potter activists to kick rocks!
• Neutral Sentiment: Analyst commentary: recent write-ups note HAS is down since the earnings report — useful context for momentum traders but not a new company development. Hasbro (HAS) Down 11% Since Last Earnings Report
• Negative Sentiment: Pawtucket job fair signals uncertainty and potential layoffs tied to Hasbro’s departure — raises near-term restructuring risk, local costs and employee-impact headlines that can pressure sentiment. Pawtucket to hold job fair for Hasbro workers, despite not knowing how many jobs will be lost
• Negative Sentiment: Completed $400M senior notes offering increases net debt and leverage at a time when Hasbro already shows high debt-to-equity — could weigh on credit metrics, interest expense and investor risk premium. Hasbro Completes $400 Million Senior Notes Offering

Hasbro Stock Down 1.8%

HAS opened at $93.40 on Friday. The company has a debt-to-equity ratio of 4.89, a current ratio of 1.38 and a quick ratio of 1.24. The company’s 50-day moving average is $94.03 and its 200 day moving average is $83.82. Hasbro, Inc. has a fifty-two week low of $49.00 and a fifty-two week high of $106.98. The firm has a market capitalization of $13.14 billion, a P/E ratio of -39.74 and a beta of 0.54.

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, topping analysts’ consensus estimates of $0.99 by $0.52. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.26 billion. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The firm’s quarterly revenue was up 31.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 EPS. Research analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on HAS. Citigroup boosted their target price on shares of Hasbro from $97.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Roth Mkm set a $120.00 price target on shares of Hasbro in a research report on Wednesday, February 11th. Morgan Stanley lifted their price target on Hasbro from $103.00 to $119.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. increased their price objective on Hasbro from $94.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Finally, UBS Group raised their target price on Hasbro from $99.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Eleven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $113.07.

Insiders Place Their Bets

In related news, EVP Tarrant L. Sibley sold 15,148 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $104.98, for a total transaction of $1,590,237.04. Following the completion of the sale, the executive vice president directly owned 50,174 shares of the company’s stock, valued at approximately $5,267,266.52. This trade represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 sale, the chief financial officer owned 68,221 shares in the company, valued at $7,058,144.66. This trade represents a 15.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 413,342 shares of company stock valued at $42,241,679. Insiders own 0.85% of the company’s stock.

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.