Thrivent Financial for Lutherans Decreases Stock Position in Hasbro, Inc. $HAS

Thrivent Financial for Lutherans lowered its position in Hasbro, Inc. (NASDAQ:HAS) by 28.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 74,548 shares of the company’s stock after selling 30,087 shares during the quarter. Thrivent Financial for Lutherans owned about 0.05% of Hasbro worth $5,655,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Clarius Group LLC grew its position in shares of Hasbro by 0.6% in the third quarter. Clarius Group LLC now owns 23,283 shares of the company’s stock valued at $1,766,000 after purchasing an additional 146 shares in the last quarter. Kaufman Rossin Wealth LLC increased its position in shares of Hasbro by 4.1% in the third quarter. Kaufman Rossin Wealth LLC now owns 3,839 shares of the company’s stock worth $291,000 after purchasing an additional 151 shares during the last quarter. Retirement Systems of Alabama increased its holdings in shares of Hasbro by 0.5% in the 3rd quarter. Retirement Systems of Alabama now owns 28,418 shares of the company’s stock worth $2,156,000 after buying an additional 151 shares during the last quarter. Ballentine Partners LLC increased its stake in Hasbro by 3.2% in the third quarter. Ballentine Partners LLC now owns 5,085 shares of the company’s stock valued at $386,000 after acquiring an additional 158 shares during the last quarter. Finally, Visionary Horizons LLC increased its position in shares of Hasbro by 1.4% during the 3rd quarter. Visionary Horizons LLC now owns 12,069 shares of the company’s stock valued at $915,000 after purchasing an additional 166 shares during the last quarter. Institutional investors own 91.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HAS. Citigroup upped their price objective on shares of Hasbro from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Seaport Research Partners upgraded Hasbro to a “strong-buy” rating in a report on Monday, November 10th. Roth Mkm raised their target price on shares of Hasbro from $96.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Research cut Hasbro from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Finally, Jefferies Financial Group boosted their price objective on shares of Hasbro from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $94.64.

Hasbro Trading Down 1.7%

Shares of HAS stock opened at $93.84 on Friday. The stock has a market capitalization of $13.17 billion, a P/E ratio of -23.40, a P/E/G ratio of 1.71 and a beta of 0.56. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 7.65. The firm’s 50 day moving average is $85.49 and its 200 day moving average is $80.19. Hasbro, Inc. has a 12-month low of $49.00 and a 12-month high of $97.41.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro Entertainment is tied to an HBO adaptation of Baldur’s Gate, extending Hasbro’s ability to monetize gaming IP through premium TV and streaming—positive for long‑term licensing and media revenue. ‘Baldur’s Gate’ TV Series Continuing Game’s Story In Works At HBO
• Positive Sentiment: Peppa Pig introduces George’s moderate hearing loss in its latest season—an inclusivity move that can boost brand relevance and merchandising opportunities for Hasbro’s eOne portfolio. Peppa Pig’s Brother George Revealed To Have ‘Moderate Hearing Loss’
• Positive Sentiment: Zacks highlights HAS as a top momentum stock for long‑term investors, signaling favorable quantitative/style scores that may attract momentum and model-driven flows. Why Hasbro (HAS) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Analysts’ consensus on HAS is an average “Moderate Buy,” which supports investor sentiment and could limit downside if Q4 results meet expectations. Hasbro, Inc. Given Average Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Zacks published earnings previews and Wall Street estimates for Hasbro’s Q4 — useful for gauging expectations for Wizards of the Coast, holiday product mix and pricing impact ahead of the print. Gear Up for Hasbro (HAS) Q4 Earnings: Wall Street Estimates for Key Metrics
• Neutral Sentiment: Zacks also outlined key items to watch in the Q4 release (Wizards of the Coast performance, holiday launches, pricing mix) — these details will drive near‑term share moves but are not new. Hasbro Prepares to Unveil Q4 Earnings: Key Things to Watch
• Negative Sentiment: Hasbro underperformed peers in the most recent trading session, a driver of today’s weakness as investors show caution ahead of quarterly results and reassess near‑term growth prospects. Hasbro Inc. stock underperforms Thursday when compared to competitors

Insider Activity

In related news, Director Hope F. Cochran sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $77.24, for a total transaction of $308,960.00. Following the completion of the sale, the director directly owned 17,102 shares in the company, valued at approximately $1,320,958.48. The trade was a 18.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.85% of the company’s stock.

Hasbro 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.