Hasbro, Inc. $HAS Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in Hasbro, Inc. (NASDAQ:HAS) by 29.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 884,036 shares of the company’s stock after acquiring an additional 201,945 shares during the period. Envestnet Asset Management Inc.’s holdings in Hasbro were worth $67,054,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strengthening Families & Communities LLC boosted its stake in Hasbro by 710.8% in the third quarter. Strengthening Families & Communities LLC now owns 20,724 shares of the company’s stock valued at $1,559,000 after acquiring an additional 18,168 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of Hasbro by 24.4% during the third quarter. Allianz Asset Management GmbH now owns 63,432 shares of the company’s stock worth $4,811,000 after purchasing an additional 12,447 shares in the last quarter. Jackson Creek Investment Advisors LLC purchased a new stake in shares of Hasbro in the 3rd quarter valued at about $618,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Hasbro in the 3rd quarter valued at about $50,000. Finally, AGF Management Ltd. acquired a new stake in shares of Hasbro in the 3rd quarter valued at about $895,000. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Hasbro Stock Performance

NASDAQ:HAS opened at $93.84 on Monday. The company has a debt-to-equity ratio of 7.65, a current ratio of 1.70 and a quick ratio of 1.42. The firm has a market cap of $13.17 billion, a price-to-earnings ratio of -23.40, a price-to-earnings-growth ratio of 1.68 and a beta of 0.56. The firm’s fifty day moving average price is $85.49 and its 200 day moving average price is $80.23. Hasbro, Inc. has a 1-year low of $49.00 and a 1-year high of $97.41.

Hasbro News Roundup

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on HAS shares. The Goldman Sachs Group cut their price target on Hasbro from $90.00 to $88.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Seaport Research Partners raised shares of Hasbro to a “strong-buy” rating in a report on Monday, November 10th. Citigroup upped their price target on shares of Hasbro from $91.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, October 24th. UBS Group increased their price target on shares of Hasbro from $89.00 to $99.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Finally, Jefferies Financial Group lifted their price objective on shares of Hasbro from $95.00 to $112.00 and gave the company a “buy” rating in a research note on Friday. 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.18.

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.