Hasbro shares rise after institutional investor boosts stake

WASHINGTON TRUST Co increases holdings in toy company by nearly 12%

Published on Mar. 2, 2026

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WASHINGTON TRUST Co, an institutional investor, has increased its holdings in Hasbro, Inc. (NASDAQ:HAS) by 11.9% in the third quarter, according to a recent filing with the Securities & Exchange Commission. The firm now owns 116,221 shares of the toy company's stock, valued at $8.8 million.

Why it matters

Hasbro is one of the world's largest toy and game companies, known for iconic brands like Monopoly, Play-Doh, Nerf, and Transformers. This increase in institutional investment signals confidence in the company's performance and growth potential.

The details

WASHINGTON TRUST Co acquired an additional 12,352 shares of Hasbro during the third quarter, bringing its total stake to 116,221 shares. The firm now owns 0.08% of Hasbro's outstanding shares. Other institutional investors have also been active in the stock, with Prudential Financial Inc. and Principal Financial Group Inc. increasing their positions as well.

  • WASHINGTON TRUST Co increased its Hasbro holdings in the third quarter of 2026.

The players

WASHINGTON TRUST Co

An institutional investor that has increased its stake in Hasbro, Inc.

Hasbro, Inc.

A global play and entertainment company known for iconic toy and game brands.

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The takeaway

Hasbro's ability to maintain the loyalty of major institutional investors like WASHINGTON TRUST Co suggests the company is well-positioned to weather industry changes and capitalize on the enduring popularity of its classic toy and game brands.