Shares of Hasbro, Inc. (NASDAQ:HAS – Get Free Report) have received an average recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $115.00.
HAS has been the topic of a number of recent research reports. Citigroup lifted their target price on shares of Hasbro from $97.00 to $118.00 and gave the company a “buy” rating in a report on Thursday, February 12th. The Goldman Sachs Group lifted their price objective on shares of Hasbro from $88.00 to $114.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Jefferies Financial Group increased their target price on shares of Hasbro from $95.00 to $112.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Wolfe Research boosted their price target on Hasbro from $90.00 to $124.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. upped their price objective on Hasbro from $94.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th.
View Our Latest Analysis on HAS
Hasbro Trading Down 1.9%
Hasbro (NASDAQ:HAS – Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.52. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.The business’s quarterly revenue was up 31.3% on a year-over-year basis. During the same quarter last year, the business earned $0.46 EPS. On average, equities analysts forecast that Hasbro will post 4.33 EPS for the current fiscal year.
Hasbro Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th were given a dividend of $0.70 per share. The ex-dividend date was Wednesday, February 18th. This represents a $2.80 dividend on an annualized basis and a yield of 2.9%. Hasbro’s dividend payout ratio is presently -119.15%.
Insider Activity
In related news, EVP Tarrant L. Sibley sold 15,148 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $104.98, for a total value of $1,590,237.04. Following the completion of the sale, the executive vice president owned 50,174 shares in the company, valued at $5,267,266.52. This trade represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Gina M. Goetter sold 12,429 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $103.46, for a total value of $1,285,904.34. Following the transaction, the chief financial officer owned 68,221 shares in the company, valued at $7,058,144.66. The trade was a 15.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 413,342 shares of company stock worth $42,241,679 in the last ninety days. 0.85% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Hasbro
Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Hasbro by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 16,976,679 shares of the company’s stock valued at $1,392,088,000 after purchasing an additional 453,038 shares during the period. State Street Corp increased its holdings in Hasbro by 2.1% in the second quarter. State Street Corp now owns 6,508,052 shares of the company’s stock valued at $480,424,000 after buying an additional 131,678 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Hasbro by 47.3% during the 4th quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock valued at $357,286,000 after acquiring an additional 1,399,499 shares during the period. Geode Capital Management LLC lifted its position in shares of Hasbro by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 3,661,020 shares of the company’s stock valued at $299,700,000 after acquiring an additional 122,592 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Hasbro by 21.9% during the 3rd quarter. Bank of America Corp DE now owns 3,633,213 shares of the company’s stock worth $275,579,000 after acquiring an additional 651,790 shares in the last quarter. 91.83% of the stock is currently owned by hedge funds and other institutional investors.
More Hasbro News
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: UBS raised its price target to $110 and kept a Buy rating, citing strengthening fundamentals and multi‑segment growth that supports upside — a clear bullish catalyst for the stock. UBS price target bump
- Positive Sentiment: UBS analyst note (covered by TipRanks) emphasizes EPS upside and multi‑segment growth drivers, reinforcing the buy thesis that likely underpins the higher price target. TipRanks / UBS analyst note
- Positive Sentiment: Recent quarterly results showed a sizable year‑over‑year revenue increase and an EPS beat earlier this year, providing fundamental support for analyst upgrades and longer‑term upside (context for current bullish notes).
- Neutral Sentiment: Hasbro is relocating its headquarters to Boston and plans to sell its Rhode Island campus — a strategic move that could unlock real‑estate value but is largely a one‑time item; impact on near‑term operations is uncertain. HQ move and investor story
- Neutral Sentiment: The company is seeking a tariff refund related to past use of a Massachusetts facility; a successful refund would be a modest cash benefit but isn’t a major earnings driver. Tariff refund story
- Negative Sentiment: Hasbro priced a $400M offering of 4.650% notes due 2031 — the new debt raises fixed interest obligations and comes against an already elevated debt‑to‑equity profile, which could concern leverage‑sensitive investors. Debt offering details
- Negative Sentiment: Zacks Research published a pessimistic outlook for Hasbro’s Q1, increasing near‑term earnings uncertainty and pressuring sentiment. Zacks Q1 outlook
- Negative Sentiment: Recent coverage highlights underperformance versus peers and questions around valuation after multi‑year share gains — themes that can weigh on the stock as investors reassess upside. Underperformance / valuation pieces
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.
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