SG Americas Securities LLC Increases Holdings in Hasbro, Inc. $HAS

SG Americas Securities LLC lifted its holdings in Hasbro, Inc. (NASDAQ:HAS) by 11.0% in the first quarter, HoldingsChannel reports. The fund owned 190,441 shares of the company’s stock after buying an additional 18,920 shares during the period. SG Americas Securities LLC’s holdings in Hasbro were worth $17,825,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HAS. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Hasbro during the fourth quarter valued at approximately $27,000. CYBER HORNET ETFs LLC bought a new position in Hasbro in the second quarter worth about $25,000. MUFG Securities EMEA plc purchased a new position in shares of Hasbro in the 2nd quarter valued at approximately $28,000. Park National Corp OH bought a new stake in shares of Hasbro during the 1st quarter valued at $41,000. Finally, Foster Dykema Cabot & Partners LLC purchased a new stake in Hasbro in the third quarter worth about $34,000. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Hasbro News Roundup

Here are the key news stories impacting Hasbro this week:

• Negative Sentiment: Multiple reports say Hasbro faced backlash after allegedly asking child actors to sign contracts giving the company rights to use their voices for AI, sparking criticism online and in entertainment media. Peppa Pig Owner Demands Child Actors Sign Away Voice Rights to AI
• Negative Sentiment: An open letter and follow-up coverage amplified concerns that a “major studio” was pushing children to give voice rights to AI, which could pressure Hasbro’s brand image and attract scrutiny from parents, talent groups, and regulators. Open Letter Alleges ‘Major Studio’ Demands Children Give Voices to AI
• Negative Sentiment: Additional articles framed the controversy as a broader backlash against AI use in entertainment, suggesting the issue could become a longer-running reputational overhang for Hasbro’s Peppa Pig and family-entertainment operations. Peppa Pig Contract Backlash Is the Latest Over the Use of AI in Entertainment
• Neutral Sentiment: Separately, a court update in Hasbro’s intellectual-property fight over Peppa Pig sound recordings reinforces that the brand remains protected, but this appears more like a legal maintenance item than a major new stock catalyst. Hasbro v Sconnect: High Court grants summary judgment over Wolfoo’s copying of Peppa Pig sound recordings
• Positive Sentiment: On the brighter side, BNP Paribas reiterated a bullish view on Hasbro, saying investors may be underestimating the growth and profitability of Magic: The Gathering and implying meaningful upside potential. Hasbro’s Magic Has Unlocked A 41% Stock Upside — But The Market Still Doesn’t Get It
• Positive Sentiment: Hasbro also has fresh product-related buzz with the announcement of Hasbro Games Junior Collection for multiple gaming platforms, which supports its broader licensed-content and games strategy. Hasbro Games Junior Collection announced for PS5, Xbox Series, Switch 2, PS4, Switch, and PC

Hasbro Stock Performance

NASDAQ HAS opened at $84.88 on Friday. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.65 and a quick ratio of 1.49. Hasbro, Inc. has a 1-year low of $69.50 and a 1-year high of $106.98. The business has a 50 day simple moving average of $89.75 and a two-hundred day simple moving average of $90.42. The stock has a market capitalization of $12.01 billion, a PE ratio of -51.13, a P/E/G ratio of 2.04 and a beta of 0.48.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.27. The business had revenue of $1 billion for the quarter, compared to analysts’ expectations of $969.20 million. Hasbro had a positive return on equity of 174.64% and a negative net margin of 4.62%.The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.04 EPS. On average, research analysts predict that Hasbro, Inc. will post 6.01 EPS for the current fiscal year.

Hasbro Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Monday, June 1st were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.80 dividend on an annualized basis and a yield of 3.3%. Hasbro’s dividend payout ratio is presently -168.67%.

Analysts Set New Price Targets

HAS has been the subject of several analyst reports. Argus set a $105.00 price target on Hasbro in a report on Friday, March 13th. Morgan Stanley increased their price target on Hasbro from $122.00 to $123.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Bank of America boosted their target price on shares of Hasbro from $113.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Wall Street Zen lowered Hasbro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Wells Fargo & Company reduced their price objective on shares of Hasbro from $92.00 to $85.00 and set an “equal weight” rating for the company in a research note on Tuesday, June 9th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $113.14.

Hasbro Company 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.