275,038 Hasbro, Inc. $HAS Shares Sold by Cooke & Bieler LP

Cooke & Bieler LP decreased its holdings in Hasbro, Inc. (NASDAQ:HAS) by 23.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 898,957 shares of the company’s stock after selling 275,038 shares during the period. Cooke & Bieler LP owned about 0.64% of Hasbro worth $78,821,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Hasbro during the second quarter valued at $2,204,689,000. Bank of America Corp DE bought a new position in shares of Hasbro in the second quarter worth about $289,258,000. Amundi increased its stake in Hasbro by 21.1% in the 1st quarter. Amundi now owns 1,699,565 shares of the company’s stock worth $159,079,000 after buying an additional 296,277 shares during the period. Bank of New York Mellon Corp purchased a new position in Hasbro in the 2nd quarter worth about $130,731,000. Finally, Epoch Investment Partners Inc. lifted its holdings in Hasbro by 1.0% during the 1st quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company’s stock valued at $109,894,000 after buying an additional 12,182 shares in the last quarter. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Hasbro Price Performance

Shares of HAS stock opened at $114.00 on Thursday. Hasbro, Inc. has a twelve month low of $69.50 and a twelve month high of $114.05. The company has a current ratio of 1.40, a quick ratio of 1.46 and a debt-to-equity ratio of 2.79. The stock has a fifty day simple moving average of $93.05 and a two-hundred day simple moving average of $90.20. The stock has a market capitalization of $16.08 billion, a price-to-earnings ratio of 15.30, a P/E/G ratio of 1.90 and a beta of 0.45.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $2.90 EPS for the quarter, beating the consensus estimate of $1.86 by $1.04. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.48 billion. Hasbro had a return on equity of 140.60% and a net margin of 18.44%. The business’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.68 earnings per share. On average, analysts predict that Hasbro, Inc. will post 6.14 EPS for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, November 18th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $2.80 dividend on an annualized basis and a yield of 2.5%. Hasbro’s dividend payout ratio is 50.36%.

Hasbro News Summary

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.

Insider Buying and Selling

In other Hasbro news, CFO Gina M. Goetter sold 8,265 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $93.96, for a total transaction of $776,579.40. Following the transaction, the chief financial officer owned 79,839 shares of the company’s stock, valued at approximately $7,501,672.44. This trade represents a 9.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Holly Barbacovi sold 5,057 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $94.20, for a total transaction of $476,369.40. Following the completion of the sale, the insider owned 37,486 shares of the company’s stock, valued at approximately $3,531,181.20. This represents a 11.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 50,472 shares of company stock valued at $4,736,533 over the last quarter. 0.71% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HAS shares. Jefferies Financial Group decreased their price objective on shares of Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, July 16th. Bank of America dropped their target price on shares of Hasbro from $115.00 to $105.00 and set a “buy” rating on the stock in a research note on Thursday, July 16th. UBS Group set a $125.00 target price on shares of Hasbro in a research report on Wednesday. Citigroup raised their target price on shares of Hasbro from $117.00 to $137.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and set a $127.00 price target (up from $116.00) on shares of Hasbro in a research note on Wednesday. Thirteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.07.

About Hasbro

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.