Epoch Investment Partners Inc. Buys 12,182 Shares of Hasbro, Inc. $HAS

Epoch Investment Partners Inc. boosted its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 1.0% in the 1st quarter, HoldingsChannel reports. The fund owned 1,174,077 shares of the company’s stock after buying an additional 12,182 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Hasbro were worth $109,894,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Entropy Technologies LP lifted its stake in Hasbro by 126.6% in the first quarter. Entropy Technologies LP now owns 5,621 shares of the company’s stock worth $526,000 after acquiring an additional 3,140 shares during the period. Public Employees Retirement System of Ohio increased its position in Hasbro by 2.0% during the 1st quarter. Public Employees Retirement System of Ohio now owns 40,580 shares of the company’s stock valued at $3,798,000 after purchasing an additional 796 shares during the period. Inceptionr LLC increased its position in Hasbro by 5.1% during the 1st quarter. Inceptionr LLC now owns 10,379 shares of the company’s stock valued at $971,000 after purchasing an additional 504 shares during the period. Sellaronda Global Management LP raised its holdings in Hasbro by 8.6% in the 1st quarter. Sellaronda Global Management LP now owns 190,000 shares of the company’s stock worth $17,784,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Bank of Nova Scotia lifted its position in shares of Hasbro by 39.1% in the 1st quarter. Bank of Nova Scotia now owns 98,897 shares of the company’s stock worth $9,257,000 after purchasing an additional 27,777 shares during the period. 91.83% of the stock is currently owned by institutional investors.

Hasbro Stock Up 1.6%

Shares of Hasbro stock opened at $88.79 on Friday. Hasbro, Inc. has a 1 year low of $69.50 and a 1 year high of $106.98. The firm has a market cap of $12.56 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 1.61 and a beta of 0.49. The company has a 50-day moving average of $84.22 and a 200 day moving average of $90.36. The company has a debt-to-equity ratio of 4.16, a current ratio of 1.66 and a quick ratio of 1.49.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Tuesday, July 21st. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.16 by $0.12. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. Hasbro had a net margin of 15.97% and a return on equity of 141.11%. Hasbro’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.30 earnings per share. As a group, sell-side analysts anticipate that Hasbro, Inc. will post 6.13 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Wednesday, August 19th. Hasbro’s dividend payout ratio (DPR) is presently 50.36%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. BNP Paribas Exane cut their target price on shares of Hasbro from $117.00 to $114.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 15th. Argus increased their price target on shares of Hasbro from $90.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday. Wells Fargo & Company lowered their price objective on shares of Hasbro from $92.00 to $85.00 and set an “equal weight” rating for the company in a report on Tuesday, June 9th. DA Davidson cut their price objective on Hasbro from $100.00 to $95.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Citigroup reiterated a “buy” rating on shares of Hasbro in a report on Thursday. Twelve investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.36.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Argus raised its price target on Hasbro to $105 from $90 and reiterated a buy rating, implying additional upside from recent trading levels.
• Positive Sentiment: Hasbro unveiled My Little Pony: Forever Friendship, a new animated YouTube series set to premiere in early 2027, adding another way to monetize its valuable intellectual property. Article Title
• Positive Sentiment: Hasbro also expanded its licensed toy lineup with new Legend of Zelda, Transformers, and Street Fighter figure reveals, showing ongoing strength in its entertainment-driven product pipeline.
• Neutral Sentiment: Recent commentary about Hasbro’s growth strategy shifting toward “kidults” highlights the company’s effort to broaden its audience, but it is more of a strategic narrative than a near-term catalyst.
• Neutral Sentiment: Short interest data showed no meaningful change, with reported short interest at zero shares, so it does not appear to be influencing the stock today.
• Negative Sentiment: A report on Hasbro scaling back parts of its gaming ambitions after a $56 million loss could raise concerns about profitability in its gaming segment, even though some projects remain safe.
• Negative Sentiment: JPMorgan reportedly lowered its price target to $111, which may temper enthusiasm somewhat despite the target still being above the current share price.

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.