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

Hasbro, Inc. (NASDAQ:HAS) Director Elizabeth Hamren sold 1,975 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $92.84, for a total transaction of $183,359.00. Following the completion of the sale, the director owned 9,896 shares of the company’s stock, valued at $918,744.64. This trade represents a 16.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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 value of $89,425.38.

Hasbro Trading Up 1.9%

HAS opened at $96.70 on Friday. 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 52 week low of $69.50 and a 52 week high of $106.98. The stock has a market cap of $13.64 billion, a PE ratio of 17.39, a PEG ratio of 1.74 and a beta of 0.47. The business has a 50 day moving average of $85.84 and a 200-day moving average of $91.06.

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

Hasbro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be issued 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%.

Trending Headlines about 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

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Bank of America cut their target price on Hasbro from $115.00 to $105.00 and set a “buy” rating on the stock in a research note on Thursday, July 16th. 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. JPMorgan Chase & Co. dropped their target price on shares of Hasbro from $125.00 to $111.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 22nd. Argus boosted their price objective on shares of Hasbro from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Zacks Research downgraded 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 given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.07.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in HAS. CYBER HORNET ETFs LLC purchased a new stake in Hasbro during the 2nd quarter valued at $25,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Hasbro in the fourth quarter worth $27,000. MUFG Securities EMEA plc purchased a new stake in Hasbro during the second quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Hasbro by 1,190.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 387 shares of the company’s stock valued at $32,000 after acquiring an additional 357 shares during the period. Finally, Cedar Mountain Advisors LLC purchased a new stake in shares of Hasbro during the 1st quarter valued at about $37,000. 91.83% of the stock is owned by hedge funds and other institutional investors.

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.