Envestnet Asset Management Inc. Grows Holdings in Hasbro, Inc. $HAS

Envestnet Asset Management Inc. increased its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 29.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 884,036 shares of the company’s stock after purchasing an additional 201,945 shares during the period. Envestnet Asset Management Inc. owned approximately 0.63% of Hasbro worth $67,054,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in shares of Hasbro by 128.7% during the second quarter. Bank of America Corp DE now owns 2,981,423 shares of the company’s stock worth $220,089,000 after buying an additional 1,677,962 shares during the period. Norges Bank acquired a new position in Hasbro during the 2nd quarter worth about $123,710,000. AQR Capital Management LLC boosted its holdings in Hasbro by 95.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,259,812 shares of the company’s stock valued at $164,831,000 after acquiring an additional 1,105,004 shares during the period. Mane Global Capital Management LP purchased a new position in Hasbro during the 2nd quarter valued at about $77,471,000. Finally, Wedge Capital Management L L P NC acquired a new position in Hasbro in the 3rd quarter valued at about $30,608,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Seaport Research Partners raised shares of Hasbro to a “strong-buy” rating in a research report on Monday, November 10th. Citigroup upped their target price on shares of Hasbro from $91.00 to $97.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Wall Street Zen upgraded shares of Hasbro from a “buy” rating to a “strong-buy” rating in a report on Saturday. UBS Group boosted 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, Roth Mkm upped their price objective on Hasbro from $96.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.18.

Hasbro Stock Performance

NASDAQ:HAS opened at $93.84 on Monday. Hasbro, Inc. has a 12 month low of $49.00 and a 12 month high of $97.41. 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 capitalization of $13.17 billion, a PE ratio of -23.40, a price-to-earnings-growth ratio of 1.68 and a beta of 0.56. The business’s fifty day moving average price is $85.49 and its 200 day moving average price is $80.23.

Key Headlines Impacting Hasbro

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

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.