Hasbro (NASDAQ:HAS) Upgraded at Seaport Res Ptn

Seaport Res Ptn upgraded shares of Hasbro (NASDAQ:HAS) to a strong-buy rating in a report issued on Monday,Zacks.com reports. Seaport Res Ptn also issued estimates for Hasbro’s Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $4.81 EPS, Q1 2026 earnings at $1.05 EPS, Q2 2026 earnings at $1.32 EPS, Q3 2026 earnings at $1.90 EPS, Q4 2026 earnings at $1.15 EPS, FY2026 earnings at $5.50 EPS, Q1 2027 earnings at $1.19 EPS, Q2 2027 earnings at $1.42 EPS, Q3 2027 earnings at $2.03 EPS and FY2027 earnings at $6.25 EPS.

Several other brokerages have also recently commented on HAS. JPMorgan Chase & Co. boosted their price objective on shares of Hasbro from $75.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Wolfe Research raised their price target on Hasbro from $89.00 to $90.00 in a research report on Wednesday, October 29th. Citigroup upped their price objective on shares of Hasbro from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Roth Capital set a $96.00 price objective on shares of Hasbro and gave the company a “buy” rating in a research report on Friday, October 24th. Finally, Morgan Stanley increased their target price on Hasbro from $85.00 to $87.00 and gave the stock an “overweight” rating in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $89.25.

Hasbro Price Performance

Hasbro stock opened at $79.13 on Monday. The company has a current ratio of 1.70, a quick ratio of 1.42 and a debt-to-equity ratio of 7.65. The company has a market cap of $11.10 billion, a price-to-earnings ratio of -19.73, a PEG ratio of 0.98 and a beta of 0.61. Hasbro has a 12 month low of $49.00 and a 12 month high of $82.19. The business’s 50 day simple moving average is $76.11 and its 200 day simple moving average is $73.65.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Thursday, October 23rd. The company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.05. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Hasbro had a positive return on equity of 82.17% and a negative net margin of 12.81%.The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.73 EPS. Sell-side analysts forecast that Hasbro will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 19th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.5%. Hasbro’s dividend payout ratio (DPR) is presently -69.83%.

Insider Transactions at Hasbro

In other news, CEO Christian P. Cocks sold 27,800 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $78.92, for a total transaction of $2,193,976.00. Following the transaction, the chief executive officer directly owned 249,861 shares of the company’s stock, valued at $19,719,030.12. This represents a 10.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Hope F. Cochran sold 4,000 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $77.24, for a total transaction of $308,960.00. Following the transaction, the director owned 17,102 shares in the company, valued at $1,320,958.48. This represents a 18.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 40,357 shares of company stock worth $3,199,818 over the last quarter. 0.85% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hasbro

Several institutional investors have recently bought and sold shares of HAS. CYBER HORNET ETFs LLC purchased a new position in shares of Hasbro during the second quarter valued at about $25,000. MUFG Securities EMEA plc purchased a new stake in Hasbro in the 2nd quarter valued at about $28,000. SBI Securities Co. Ltd. boosted its holdings in shares of Hasbro by 130.0% in the first quarter. SBI Securities Co. Ltd. now owns 476 shares of the company’s stock valued at $29,000 after purchasing an additional 269 shares during the period. First Horizon Corp purchased a new stake in shares of Hasbro in the 3rd quarter worth $29,000. Finally, Foster Dykema Cabot & Partners LLC bought a new stake in shares of Hasbro in the third quarter valued at about $34,000. 91.83% of the stock is owned by hedge funds and other institutional investors.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.