Hasbro, Inc. (NASDAQ:HAS – Get Free Report) Director Elizabeth Hamren sold 989 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $90.42, for a total transaction of $89,425.38. Following the sale, the director owned 11,871 shares in the company, valued at $1,073,375.82. This represents a 7.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 shares were sold at an average price of $92.84, for a total value of $183,359.00.
Hasbro Trading Up 1.9%
HAS opened at $96.70 on Friday. Hasbro, Inc. has a 1-year low of $69.50 and a 1-year high of $106.98. The company has a market cap of $13.64 billion, a P/E ratio of 17.39, a PEG ratio of 1.74 and a beta of 0.47. The company has a current ratio of 1.66, a quick ratio of 1.46 and a debt-to-equity ratio of 4.16. The company’s 50 day moving average is $85.84 and its 200-day moving average is $91.06.
Hasbro Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, August 19th. Hasbro’s payout ratio is currently 50.36%.
Wall Street Analyst Weigh In
HAS has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of Hasbro from a “sell (d+)” rating to a “hold (c+)” rating in a report on Friday, July 31st. Wall Street Zen lowered Hasbro from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Argus boosted their price objective on Hasbro from $90.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Roth Capital reaffirmed a “buy” rating on shares of Hasbro in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group lowered their target price on Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, July 16th. Twelve research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $109.07.
Read Our Latest Research Report on Hasbro
Hasbro News Summary
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 Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. bought a new position in Hasbro in the fourth quarter worth approximately $27,000. CYBER HORNET ETFs LLC acquired a new position in shares of Hasbro during the second quarter worth approximately $25,000. MUFG Securities EMEA plc bought a new position in shares of Hasbro in the 2nd quarter worth $28,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Hasbro by 1,190.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 387 shares of the company’s stock valued at $32,000 after purchasing an additional 357 shares during the period. Finally, Cedar Mountain Advisors LLC bought a new stake in Hasbro during the 1st quarter valued at $37,000. 91.83% of the stock is owned by institutional investors and hedge funds.
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.
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