Advisors Asset Management Inc. Grows Stake in Hasbro, Inc. $HAS

08 Sep 2025, 05:31 by Teresa Graham · The Cerbat Gem

Advisors Asset Management Inc. raised its stake in Hasbro, Inc. (NASDAQ:HAS – Free Report) by 58.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,700 shares of the company’s stock after acquiring an additional 11,324 shares during the period. Advisors Asset Management Inc.’s holdings in Hasbro were worth $1,888,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Teacher Retirement System of Texas boosted its position in shares of Hasbro by 3.9% during the first quarter. Teacher Retirement System of Texas now owns 28,531 shares of the company’s stock valued at $1,754,000 after buying an additional 1,072 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Hasbro by 20.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,094 shares of the company’s stock valued at $1,036,000 after purchasing an additional 2,866 shares during the period. Jump Financial LLC raised its stake in Hasbro by 129.5% during the 1st quarter. Jump Financial LLC now owns 11,020 shares of the company’s stock valued at $678,000 after purchasing an additional 6,219 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Hasbro by 60.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 16,597 shares of the company’s stock valued at $1,021,000 after purchasing an additional 6,225 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in Hasbro by 7.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 12,772 shares of the company’s stock valued at $785,000 after purchasing an additional 931 shares during the period. 91.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on HAS. The Goldman Sachs Group upgraded Hasbro from a “neutral” rating to a “buy” rating and raised their price target for the company from $66.00 to $85.00 in a report on Monday, June 30th. UBS Group boosted their price objective on Hasbro from $82.00 to $88.00 and gave the company a “buy” rating in a report on Wednesday, August 13th. Citigroup boosted their price objective on Hasbro from $79.00 to $91.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Monness Crespi & Hardt lifted their target price on Hasbro from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Finally, Bank of America lifted their target price on Hasbro from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $86.42.

Read Our Latest Analysis on Hasbro

Insider Transactions at Hasbro

In other news, insider Timothy J. Kilpin sold 8,557 shares of the company’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $81.44, for a total value of $696,882.08. Following the sale, the insider owned 44,301 shares in the company, valued at $3,607,873.44. This represents a 16.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christian P. Cocks sold 27,800 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $78.92, for a total value of $2,193,976.00. Following the completion of the transaction, the chief executive officer directly owned 249,861 shares of the company’s stock, valued at $19,719,030.12. The trade was a 10.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 37,359 shares of company stock worth $2,970,828 over the last quarter. 0.85% of the stock is currently owned by insiders.

Hasbro Stock Down 0.8%

Hasbro stock opened at $79.73 on Monday. The company has a debt-to-equity ratio of 12.31, a quick ratio of 1.32 and a current ratio of 1.66. The business’s 50-day simple moving average is $78.03 and its two-hundred day simple moving average is $68.01. The company has a market cap of $11.18 billion, a PE ratio of -19.64, a PEG ratio of 1.03 and a beta of 0.59. Hasbro, Inc. has a fifty-two week low of $49.00 and a fifty-two week high of $82.19.

Hasbro (NASDAQ:HAS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.52. Hasbro had a positive return on equity of 64.49% and a negative net margin of 13.37%.The business had revenue of $980.80 million for the quarter, compared to the consensus estimate of $891.82 million. During the same quarter in the previous year, the business earned $1.22 EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. Equities analysts anticipate that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th were paid a $0.70 dividend. The ex-dividend date was Wednesday, August 20th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.5%. Hasbro’s dividend payout ratio is presently -68.97%.

About Hasbro

(Free Report)

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.