Key Points
- Director Elizabeth Hamren sold 989 Hasbro shares at an average price of $90.42, totaling $89,425.38, reducing her direct ownership by 7.69% to 11,871 shares. She also recently sold an additional 1,975 shares.
- Hasbro reported quarterly EPS of $1.28, exceeding estimates of $1.16, while revenue rose 16.2% year over year to $1.14 billion. The company declared a quarterly dividend of $0.70, equivalent to a 2.9% annualized yield.
- Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and $109.07 price target, although Zacks downgraded the stock to “Hold” and issued near-term earnings caution.
Hasbro, Inc. (NASDAQ:HAS - Get Free Report) Director Elizabeth Hamren sold 989 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $90.42, for a total value of $89,425.38. Following the sale, the director directly owned 11,871 shares of the company's stock, valued at $1,073,375.82. This represents a 7.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Elizabeth Hamren also recently made the following trade(s):
- On Friday, August 7th, Elizabeth Hamren sold 1,975 shares of Hasbro stock. The stock was sold at an average price of $92.84, for a total value of $183,359.00.
Hasbro Stock Up 1.9%
HAS stock opened at $96.70 on Friday. The firm has a market capitalization of $13.64 billion, a PE ratio of 17.39, a P/E/G ratio of 1.74 and a beta of 0.47. The company has a quick ratio of 1.46, a current ratio of 1.66 and a debt-to-equity ratio of 4.16. Hasbro, Inc. has a twelve month low of $69.50 and a twelve month high of $106.98. The stock's 50 day moving average is $85.84 and its 200-day moving average is $91.06.
Hasbro (NASDAQ:HAS - Get Free Report) last announced 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 business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. Hasbro had a return on equity of 141.11% and a net margin of 15.97%.Hasbro's revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.30 earnings per share. Sell-side analysts expect that Hasbro, Inc. will post 6.15 EPS for the current fiscal year.
Hasbro Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a $0.70 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $2.80 annualized dividend and a dividend yield of 2.9%. Hasbro's dividend payout ratio is presently 50.36%.
Key Headlines Impacting Hasbro
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: Long-term earnings estimates increased: Zacks Research raised its FY2027 EPS forecast to $6.53 from $6.32 and its FY2028 forecast to $7.08 from $6.87. It also lifted its Q1 2028 estimate to $1.45 from $1.39. These 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: Peppa Pig marketing is expanding: Hasbro is bringing Mummy Pig back to Kylie Kelce’s podcast as part of an effort to reach millennial parents. The campaign could increase engagement with the Peppa Pig franchise and support consumer-products demand, though the direct financial impact is uncertain. Mummy Pig Returns to Kylie Kelce’s Podcast
- Neutral Sentiment: Brand promotion continues: Hasbro’s “Toddler of the Year” contest generated local media attention. The event supports brand visibility but is unlikely by itself to materially affect earnings or valuation. Athens 3-year-old semi-finalist in Hasbro’s Toddler of the Year contest
- Negative Sentiment: Near-term earnings caution: Zacks Research published a bearish estimate for Hasbro’s third-quarter results. Although the article does not provide the specific forecast, the caution raises concern about upcoming operating performance and could pressure the shares.
- Negative Sentiment: Director sales may weigh on sentiment: Director Elizabeth Hamren sold a combined 2,964 Hasbro shares for approximately $272,784 in two transactions. The sales reduced her holdings by 16.64% and 7.69%, respectively. While insider sales do not necessarily signal deteriorating fundamentals, investors may view them as a modest negative. SEC insider trading filing
Institutional Investors Weigh In On Hasbro
A number of institutional investors and hedge funds have recently modified their holdings of HAS. CYBER HORNET ETFs LLC purchased a new position in Hasbro during the second quarter valued at approximately $25,000. University of Texas Texas AM Investment Management Co. bought a new position in Hasbro in the 4th quarter valued at $27,000. MUFG Securities EMEA plc purchased a new position in shares of Hasbro during the 2nd quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Hasbro by 1,190.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 387 shares of the company's stock worth $32,000 after purchasing an additional 357 shares during the period. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Hasbro in the first quarter worth $37,000. 91.83% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
HAS has been the subject of a number of recent analyst reports. UBS Group reaffirmed a "buy" rating and issued a $120.00 price objective on shares of Hasbro in a research report on Monday, July 27th. Morgan Stanley raised their price objective on shares of Hasbro from $122.00 to $123.00 and gave the stock an "overweight" rating in a report on Thursday, May 14th. BNP Paribas Exane reduced their target price on shares of Hasbro from $117.00 to $114.00 and set an "outperform" rating for the company in a research report on Wednesday, July 15th. Wells Fargo & Company lowered their price target on shares of Hasbro from $92.00 to $85.00 and set an "equal weight" rating on the stock in a report on Tuesday, June 9th. Finally, Zacks Research cut shares of Hasbro from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 13th. Twelve research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $109.07.
View Our Latest Report on HAS
About Hasbro
(
Get Free Report)
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.
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