Hennion & Walsh Asset Management Inc. Acquires 6,492 Shares of Hasbro, Inc. $HAS

Hennion & Walsh Asset Management Inc. lifted its holdings in Hasbro, Inc. (NASDAQ:HAS) by 72.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,478 shares of the company’s stock after buying an additional 6,492 shares during the quarter. 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 also recently modified their holdings of the business. United Capital Financial Advisors LLC boosted its stake in Hasbro by 2.2% during the third quarter. United Capital Financial Advisors LLC now owns 6,500 shares of the company’s stock worth $493,000 after acquiring an additional 139 shares in the last quarter. Clarius Group LLC increased its stake in shares of Hasbro by 0.6% during the third quarter. Clarius Group LLC now owns 23,283 shares of the company’s stock valued at $1,766,000 after purchasing an additional 146 shares in the last quarter. Kaufman Rossin Wealth LLC lifted its holdings in shares of Hasbro by 4.1% during the third quarter. Kaufman Rossin Wealth LLC now owns 3,839 shares of the company’s stock valued at $291,000 after purchasing an additional 151 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in shares of Hasbro by 0.5% during the third quarter. Retirement Systems of Alabama now owns 28,418 shares of the company’s stock valued at $2,156,000 after purchasing an additional 151 shares during the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of Hasbro by 2.0% in the 3rd quarter. Fifth Third Bancorp now owns 7,620 shares of the company’s stock worth $578,000 after purchasing an additional 152 shares in the last quarter. 91.83% of the stock is currently owned by institutional investors.

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

Insider Transactions at Hasbro

In other news, insider Timothy J. Kilpin sold 7,773 shares of the firm’s stock in a transaction 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 transaction, the insider directly owned 36,528 shares in the company, valued at $3,762,384. This trade represents a 17.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Gina M. Goetter sold 12,429 shares of Hasbro stock in a transaction 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 completion of the sale, the chief financial officer directly owned 68,221 shares of the company’s stock, valued at $7,058,144.66. The trade was a 15.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 413,342 shares of company stock valued at $42,241,679 over the last 90 days. 0.85% of the stock is owned by corporate insiders.

Hasbro Stock Performance

Shares of HAS stock opened at $90.16 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. The company has a 50 day moving average price of $95.32 and a 200-day moving average price of $84.94. Hasbro, Inc. has a 52 week low of $49.00 and a 52 week high of $106.98. The firm has a market capitalization of $12.68 billion, a PE ratio of -38.37 and a beta of 0.55.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share for the quarter, beating 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 company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the prior year, the firm earned $0.46 earnings per share. The firm’s revenue for the quarter was up 31.3% compared to the same quarter last year. As a group, equities research analysts expect that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 18th were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, February 18th. Hasbro’s dividend payout ratio is presently -119.15%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Morgan Stanley upped their price target on Hasbro from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group boosted their target price on Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. BNP Paribas Exane cut their target price on Hasbro from $118.00 to $115.00 and set an “outperform” rating on the stock in a research note on Wednesday. Weiss Ratings restated a “sell (d)” rating on shares of Hasbro in a report on Monday, December 29th. Finally, Jefferies Financial Group lifted their price target on Hasbro from $95.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Hasbro has a consensus rating of “Moderate Buy” and an average price target of $112.86.

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.