Elizabeth Hamren Sells 1,975 Shares of Hasbro (NASDAQ:HAS) Stock

Hasbro, Inc. (NASDAQ:HAS) Director Elizabeth Hamren sold 1,975 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $92.84, for a total transaction of $183,359.00. Following the completion of the transaction, the director owned 9,896 shares of the company’s stock, valued at approximately $918,744.64. This represents a 16.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Elizabeth Hamren also recently made the following trade(s):

• On Tuesday, August 4th, Elizabeth Hamren sold 989 shares of Hasbro stock. The stock was sold at an average price of $90.42, for a total transaction of $89,425.38.

Hasbro Price Performance

Shares of Hasbro stock opened at $96.70 on Friday. The firm has a market cap of $13.64 billion, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 1.77 and a beta of 0.47. The firm’s 50-day simple moving average is $86.09 and its 200-day simple moving average is $91.10. Hasbro, Inc. has a twelve month low of $69.50 and a twelve month high of $106.98. The company has a debt-to-equity ratio of 4.16, a quick ratio of 1.46 and a current ratio of 1.66.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.12. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.07 billion. Hasbro had a net margin of 15.97% and a return on equity of 141.11%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.30 earnings per share. As a group, research analysts expect that Hasbro, Inc. will post 6.15 EPS for the current fiscal year.

Hasbro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Wednesday, August 19th. Hasbro’s dividend payout ratio is 50.36%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HAS shares. BNP Paribas Exane dropped their price target on Hasbro from $117.00 to $114.00 and set an “outperform” rating for the company in a report on Wednesday, July 15th. Jefferies Financial Group decreased their price objective on Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, July 16th. Citigroup reaffirmed a “buy” rating on shares of Hasbro in a research note on Thursday, July 23rd. Wells Fargo & Company dropped their price target on Hasbro from $92.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 9th. Finally, Bank of America cut their price objective on shares of Hasbro from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Thursday, July 16th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $109.07.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Higher long-term earnings forecasts: Zacks Research raised its FY2027 EPS estimate to $6.53 from $6.32 and its FY2028 estimate to $7.08 from $6.87. Its Q1 2028 forecast also increased to $1.45 from $1.39. The revisions suggest improving expectations for Hasbro’s future profitability, although Zacks maintained a “Hold” rating. Zacks Research Has Bearish Estimate for Hasbro Q3 Earnings
• Positive Sentiment: Strong recent operating performance: Hasbro’s latest reported quarter exceeded expectations, with EPS of $1.28 versus a $1.16 consensus estimate and revenue of $1.14 billion versus $1.07 billion expected. Revenue increased 16.2% year over year, providing a favorable fundamental backdrop.
• Positive Sentiment: Peppa Pig marketing push: Hasbro is bringing Mummy Pig back to Kylie Kelce’s podcast to reach millennial parents. The campaign could strengthen engagement with the Peppa Pig franchise and support consumer-products demand, though the immediate financial impact is uncertain. Mummy Pig Returns to Kylie Kelce’s Podcast
• Positive Sentiment: Dividend support: Hasbro declared a quarterly dividend of $0.70, equivalent to $2.80 annually and a yield of approximately 2.9%. The dividend may appeal to income-focused investors, with the next payment scheduled for September 2 to shareholders of record August 19.
• Neutral Sentiment: Brand visibility: Hasbro’s “Toddler of the Year” contest generated local media attention, but the initiative is unlikely to materially affect near-term earnings or valuation. Athens 3-year-old semi-finalist in Hasbro’s Toddler of the Year contest
• Negative Sentiment: Third-quarter caution: Zacks Research issued a bearish estimate for Hasbro’s Q3 earnings. The report did not provide the specific forecast, but the warning raises concern about near-term operating momentum and could temper the positive effect of higher longer-term estimates.
• Negative Sentiment: Director selling: Director Elizabeth Hamren sold a combined 2,964 shares for approximately $272,784 in two transactions. The sales reduced her holdings by 7.69% and 16.64%, respectively. Insider selling does not necessarily indicate weaker fundamentals, but it may weigh modestly on investor sentiment. SEC insider trading filing

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HAS. BlackRock Inc. bought a new position in Hasbro in the second quarter valued at approximately $2,204,689,000. Vanguard Group Inc. boosted its holdings in shares of Hasbro by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 16,976,679 shares of the company’s stock valued at $1,392,088,000 after buying an additional 453,038 shares during the last quarter. State Street Corp grew its stake in shares of 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 grew its position in shares of Hasbro by 47.3% in 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. Finally, Geode Capital Management LLC grew its holdings in Hasbro by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 3,661,020 shares of the company’s stock worth $299,700,000 after purchasing an additional 122,592 shares during the period. 91.83% of the stock is owned by institutional investors and hedge funds.

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.