Wealth Management Company Range Financial Opened a Position in Hasbro. Is the Stock a Buy?

Core Insights - Range Financial Group initiated a stake in Hasbro valued at approximately $2.89 million, acquiring about 38,131 shares, representing 1.04% of the fund's total reportable AUM as of September 30, 2025 [4][5]. Company Overview - Hasbro reported trailing twelve-month revenue of $4.25 billion for the period ending Q2 2025, with a net income of -$568.30 million and a dividend yield of 3.74% as of October 18, 2025 [6][7]. - The company operates in the global play and entertainment sector, leveraging well-known brands and intellectual property across consumer products, digital gaming, and media content [10]. - Hasbro generates revenue through product sales, licensing of intellectual property, and content distribution across various channels, including mass-market retailers and e-commerce platforms [11]. Financial Performance - In the first half of 2025, Hasbro experienced a 7% year-over-year revenue growth to $1.9 billion, driven by strong sales in its Wizards of the Coast and digital products [13]. - Despite revenue growth, Hasbro reported an operating loss of $627.5 million in the first half of 2025 due to a goodwill impairment charge exceeding $1 billion [14]. - The company has raised its full-year revenue guidance to the mid-single digits in constant currency, indicating potential for future growth [13]. Investment Implications - The initiation of a position by Range Financial Group suggests confidence in Hasbro's stock, particularly considering its attractive dividend yield of 3.74% [12][15]. - Hasbro's significant revenue quarter is expected in Q4, coinciding with the holiday season, which could positively impact stock performance [15].