Hasbro, Inc. $HAS Stock Holdings Lifted by Cardinal Capital Management

Cardinal Capital Management lifted its stake in Hasbro, Inc. (NASDAQ:HAS) by 4.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,457 shares of the company’s stock after buying an additional 4,677 shares during the period. Cardinal Capital Management’s holdings in Hasbro were worth $9,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hsbc Holdings PLC boosted its holdings in Hasbro by 104.5% in the 2nd quarter. Hsbc Holdings PLC now owns 798,597 shares of the company’s stock worth $66,071,000 after acquiring an additional 408,015 shares during the period. Focus Partners Advisor Solutions LLC acquired a new stake in Hasbro in the second quarter valued at approximately $758,000. NewEdge Advisors LLC raised its stake in shares of Hasbro by 621.3% during the second quarter. NewEdge Advisors LLC now owns 494,060 shares of the company’s stock valued at $40,804,000 after purchasing an additional 425,562 shares during the period. Corient Private Wealth LP raised its stake in shares of Hasbro by 48.2% during the second quarter. Corient Private Wealth LP now owns 36,521 shares of the company’s stock valued at $3,016,000 after purchasing an additional 11,873 shares during the period. Finally, California State Teachers Retirement System raised its stake in shares of Hasbro by 24.5% during the first quarter. California State Teachers Retirement System now owns 156,866 shares of the company’s stock valued at $14,683,000 after purchasing an additional 30,825 shares during the period. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on HAS shares. Roth Capital reissued a “buy” rating on shares of Hasbro in a research report on Wednesday. Wells Fargo & Company raised their price target on shares of Hasbro from $90.00 to $100.00 and gave the company an “equal weight” rating in a report on Wednesday. Wall Street Zen lowered shares of Hasbro from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Citigroup lifted their price target on shares of Hasbro from $117.00 to $137.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Zacks Research lowered shares of Hasbro from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Thirteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Hasbro currently has an average rating of “Moderate Buy” and an average target price of $114.07.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Q3 results significantly exceeded expectations. Hasbro reported approximately $1.60 billion in revenue, up 15% year over year, and adjusted EPS of $2.90 versus the $1.86 consensus estimate. Net earnings rose sharply, while Wizards of the Coast and Digital Gaming revenue increased 31% to $747.2 million. Hasbro Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Magic: The Gathering reached a new milestone. Quarterly Magic revenue climbed 34% to $616.1 million, surpassing $600 million for the first time. Recent coverage describes trading cards as one of the largest and fastest-growing categories in toys and games, supporting Hasbro’s higher-margin growth profile. Hasbro Stock Surges as Magic Sales Top $600 Million
• Positive Sentiment: Management raised its outlook and expanded buybacks. Hasbro increased its constant-currency 2026 revenue-growth forecast to 7%-9%, from 5%-7%, alongside improved margin and EBITDA expectations. It also doubled its share-repurchase target, potentially boosting per-share earnings and signaling confidence in cash generation. Hasbro Raises Outlook and Doubles Buyback
• Positive Sentiment: Analyst sentiment improved. Citigroup raised its price target to $137 and assigned a “buy” rating, while BNP Paribas Exane lifted its target to $127 and reaffirmed “outperform.” The revisions indicate that analysts view the earnings momentum as more durable than previously expected.
• Neutral Sentiment: Reported revenue guidance is roughly in line with expectations. Hasbro issued FY 2026 revenue guidance of $5.0 billion-$5.1 billion versus a $5.1 billion consensus estimate. This may temper some of the enthusiasm despite the stronger constant-currency growth outlook.
• Negative Sentiment: Investors face concentration and governance risks. Coverage indicates that Magic contributes a substantial share of Hasbro’s profits, increasing dependence on trading-card demand and product execution. Separately, company insiders have reported sales but no purchases over the past six months, a potential caution signal after the stock’s rally.

Hasbro Price Performance

Shares of NASDAQ HAS opened at $114.00 on Thursday. Hasbro, Inc. has a fifty-two week low of $69.50 and a fifty-two week high of $114.05. The business has a 50 day moving average price of $93.05 and a two-hundred day moving average price of $90.20. The company has a quick ratio of 1.46, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The firm has a market cap of $16.08 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.90 and a beta of 0.45.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $1.04. Hasbro had a return on equity of 140.60% and a net margin of 18.44%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the previous year, the business earned $1.68 EPS. Hasbro’s revenue for the quarter was up 15.0% compared to the same quarter last year. Sell-side analysts expect that Hasbro, Inc. will post 6.14 earnings per share for the current fiscal year.

Hasbro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 18th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.5%. Hasbro’s dividend payout ratio (DPR) is presently 50.36%.

Insider Buying and Selling at Hasbro

In other Hasbro news, Director Elizabeth Hamren sold 1,975 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $92.84, for a total transaction of $183,359.00. Following the transaction, the director directly owned 9,896 shares in the company, valued at $918,744.64. This represents a 16.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Holly Barbacovi sold 5,057 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $94.20, for a total transaction of $476,369.40. Following the transaction, the insider owned 37,486 shares in the company, valued at $3,531,181.20. This trade represents a 11.89% 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 have sold 50,472 shares of company stock valued at $4,736,533. Corporate insiders own 0.71% of the company’s stock.

Hasbro Profile

Hasbro, Inc is a global branded entertainment company that develops and markets toys, games, entertainment experiences and consumer products. Its portfolio includes well-known brands such as Monopoly, Play-Doh, Transformers, Nerf, My Little Pony, Dungeons & Dragons and Magic: The Gathering.

The company serves consumers through a range of channels, including retail, e-commerce, digital gaming, entertainment content and licensing. Hasbro also works with third-party partners to extend its brands into film and television, apparel, publishing and other consumer products.