Hennion & Walsh Asset Management Inc. Increases Stake in Hasbro, Inc. $HAS

Hennion & Walsh Asset Management Inc. grew its holdings in Hasbro, Inc. (NASDAQ:HAS) by 72.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,478 shares of the company’s stock after acquiring an additional 6,492 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Hasbro were worth $1,269,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HAS. CYBER HORNET ETFs LLC bought a new stake in shares of Hasbro during the 2nd quarter valued at $25,000. First Horizon Corp bought a new position in Hasbro in the 3rd quarter worth $29,000. MUFG Securities EMEA plc purchased a new position in Hasbro during the second quarter valued at $28,000. Foster Dykema Cabot & Partners LLC purchased a new position in Hasbro during the third quarter valued at $34,000. Finally, Wexford Capital LP bought a new stake in Hasbro during the third quarter valued at about $37,000. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on HAS shares. Weiss Ratings restated a “sell (d)” rating on shares of Hasbro in a research report on Monday, December 29th. Argus set a $105.00 price objective on Hasbro in a research note on Friday, March 13th. The Goldman Sachs Group increased their target price on shares of Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Roth Mkm set a $120.00 target price on shares of Hasbro in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company began coverage on shares of Hasbro in a report on Wednesday, March 11th. They set an “equal weight” rating and a $98.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Hasbro has an average rating of “Moderate Buy” and an average target price of $112.86.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Analysts and research firms spotlight Hasbro’s strong earnings-surprise history and say the company has the key ingredients to beat consensus again, supporting investor confidence ahead of the next report. Will Hasbro (HAS) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Pre-earnings previews note Hasbro’s recent revenue and EPS momentum and set expectations for modest EPS pressure in Q1, but overall investor focus remains on upside from franchise strength and entertainment initiatives. Hasbro’s Q1 2026 Earnings: What to Expect
• Neutral Sentiment: BNP Paribas Exane trimmed its price target slightly (from $118 to $115) but kept an “outperform” rating, signaling continued analyst support despite modest PT adjustment. BNP Paribas adjusts price target on Hasbro
• Neutral Sentiment: Corporate/entertainment hires (Hasbro Entertainment names VP of Production) are long-term positives for content strategy but unlikely to move the stock near-term. Hasbro Entertainment Names VP of Production
• Negative Sentiment: Hasbro disclosed unauthorized access to its network (breach discovered March 28) and is investigating; the company warned recovery and remediation could take “several weeks,” creating operational, sales and data-risk uncertainty. Hasbro says investigating cybersecurity incident
• Negative Sentiment: Multiple outlets report parts of Hasbro’s systems and websites were taken offline and that the breach may include a data exposure; analysts and investors are pricing in near-term disruption and remediation costs. Hasbro hacked, may take several weeks to recover
• Negative Sentiment: Coverage across outlets emphasizes the potential for multi-week operational impact, which likely drove a recent pullback in the stock as investors reassess near-term revenue and IT-remediation expense risk. Hasbro warns of weeks-long upheaval following cyberattack

Hasbro Price Performance

Shares of Hasbro stock opened at $90.16 on Friday. The company has a market capitalization of $12.68 billion, a price-to-earnings ratio of -38.37 and a beta of 0.55. The company has a quick ratio of 1.24, a current ratio of 1.38 and a debt-to-equity ratio of 4.89. The stock’s 50-day simple moving average is $95.32 and its 200-day simple moving average is $84.94. Hasbro, Inc. has a 52 week low of $49.00 and a 52 week high of $106.98.

Hasbro (NASDAQ:HAS) last released its earnings results 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. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.The firm’s revenue was up 31.3% on a year-over-year basis. During the same quarter last year, the business posted $0.46 earnings per share. As a group, analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Wednesday, February 18th. Hasbro’s dividend payout ratio (DPR) is -119.15%.

Insider Activity at Hasbro

In other news, CFO Gina M. Goetter sold 12,429 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were 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 of the company’s stock, valued at approximately $7,058,144.66. The trade was a 15.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Timothy J. Kilpin sold 7,773 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $103.00, for a total transaction of $800,619.00. Following the transaction, the insider owned 36,528 shares of the company’s stock, valued at approximately $3,762,384. This represents a 17.55% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 413,342 shares of company stock worth $42,241,679. 0.85% of the stock is currently owned by corporate insiders.

Hasbro Profile

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.