Crawford Investment Counsel Inc. Cuts Stock Position in Hasbro, Inc. $HAS

Crawford Investment Counsel Inc. cut its stake in shares of Hasbro, Inc. (NASDAQ:HAS) by 4.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 311,690 shares of the company’s stock after selling 14,505 shares during the period. Crawford Investment Counsel Inc.’s holdings in Hasbro were worth $23,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new position in Hasbro in the 2nd quarter valued at $25,000. MUFG Securities EMEA plc purchased a new position in Hasbro during the 2nd quarter worth $28,000. First Horizon Corp acquired a new stake in shares of Hasbro in the 3rd quarter worth $29,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Hasbro in the 3rd quarter worth $34,000. Finally, Mather Group LLC. purchased a new stake in shares of Hasbro in the third quarter valued at about $39,000. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HAS has been the topic of a number of recent analyst reports. Roth Mkm set a $120.00 price target on shares of Hasbro in a research note on Wednesday, February 11th. Citigroup lifted their price objective on Hasbro from $97.00 to $118.00 and gave the company a “buy” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. boosted their target price on Hasbro from $94.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Morgan Stanley increased their target price on Hasbro from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Finally, UBS Group raised their price target on Hasbro from $99.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.07.

Hasbro Stock Performance

Shares of HAS opened at $93.40 on Friday. The company has a quick ratio of 1.24, a current ratio of 1.38 and a debt-to-equity ratio of 4.89. Hasbro, Inc. has a 52-week low of $49.00 and a 52-week high of $106.98. The company has a 50-day simple moving average of $94.03 and a 200-day simple moving average of $83.84. The company has a market capitalization of $13.14 billion, a PE ratio of -39.74 and a beta of 0.54.

Hasbro (NASDAQ:HAS) last released its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.52. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The firm’s revenue was up 31.3% on a year-over-year basis. Equities research analysts predict that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 18th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Wednesday, February 18th. Hasbro’s dividend payout ratio (DPR) is presently -119.15%.

Insider Transactions at Hasbro

In related news, insider Timothy J. Kilpin sold 7,773 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $103.00, for a total value of $800,619.00. Following the completion of the transaction, the insider directly owned 36,528 shares of the company’s stock, valued at $3,762,384. This trade represents a 17.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Tarrant L. Sibley sold 15,148 shares of Hasbro stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $104.98, for a total value of $1,590,237.04. Following the transaction, the executive vice president directly owned 50,174 shares of the company’s stock, valued at approximately $5,267,266.52. This represents a 23.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 413,342 shares of company stock worth $42,241,679 over the last quarter. Insiders own 0.85% of the company’s stock.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: CEO pledge to avoid generative AI in Magic: The Gathering and Dungeons & Dragons preserves brand integrity and reduces risk of community backlash or IP/legal issues — a defensive move that may protect long-term franchise value. Hasbro’s CEO Says ‘Magic: The Gathering’ and ‘Dungeons & Dragons’ Will Never Use Generative AI
• Positive Sentiment: Product pipeline update: Hasbro revealed a new Transformers “Grimlock” Studio Series Titan-class figure — incremental merchandising and collector product news that supports toy/IP revenue streams. Transformers: Age of Extinction Grimlock Studio Series figure revealed by Hasbro
• Neutral Sentiment: Wells Fargo initiated coverage of HAS — initiations can move stock depending on the published rating and price target; investors should check the note for guidance. Wells Fargo & Company Initiates Coverage on Hasbro
• Neutral Sentiment: CEO’s public response to anti–Harry Potter activists signals management’s willingness to defend key franchises — relevant to brand reputation but unlikely to move fundamentals materially. Hasbro CEO tells anti-Harry Potter activists to kick rocks!
• Neutral Sentiment: Analyst commentary: recent write-ups note HAS is down since the earnings report — useful context for momentum traders but not a new company development. Hasbro (HAS) Down 11% Since Last Earnings Report
• Negative Sentiment: Pawtucket job fair signals uncertainty and potential layoffs tied to Hasbro’s departure — raises near-term restructuring risk, local costs and employee-impact headlines that can pressure sentiment. Pawtucket to hold job fair for Hasbro workers, despite not knowing how many jobs will be lost
• Negative Sentiment: Completed $400M senior notes offering increases net debt and leverage at a time when Hasbro already shows high debt-to-equity — could weigh on credit metrics, interest expense and investor risk premium. Hasbro Completes $400 Million Senior Notes Offering

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.