Crown Advisors Management Inc. Purchases Shares of 25,000 Hasbro, Inc. $HAS

Crown Advisors Management Inc. acquired a new position in Hasbro, Inc. (NASDAQ:HAS) during the 2nd quarter, HoldingsChannel reports. The fund acquired 25,000 shares of the company’s stock, valued at approximately $2,065,000. Hasbro accounts for approximately 1.1% of Crown Advisors Management Inc.’s holdings, making the stock its 26th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CYBER HORNET ETFs LLC purchased a new position in shares of Hasbro during the 2nd quarter valued at approximately $25,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Hasbro during the fourth quarter worth $27,000. MUFG Securities EMEA plc purchased a new stake in Hasbro during the second quarter worth $28,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Hasbro by 1,190.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 387 shares of the company’s stock valued at $32,000 after buying an additional 357 shares during the period. Finally, Cedar Mountain Advisors LLC acquired a new stake in Hasbro during the first quarter valued at $37,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Price Performance

Shares of NASDAQ HAS opened at $96.70 on Monday. The company has a debt-to-equity ratio of 4.16, a quick ratio of 1.46 and a current ratio of 1.66. The firm has a fifty day moving average of $86.09 and a 200 day moving average of $91.11. The firm has a market cap of $13.64 billion, a PE ratio of 17.39, a PEG ratio of 1.77 and a beta of 0.47. Hasbro, Inc. has a one year low of $69.50 and a one year high of $106.98.

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, beating the consensus estimate of $1.16 by $0.12. Hasbro had a net margin of 15.97% and a return on equity of 141.11%. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period last year, the firm posted $1.30 earnings per share. The company’s revenue was up 16.2% compared to the same quarter last year. As a group, research analysts predict that Hasbro, Inc. will post 6.15 EPS for the current fiscal year.

Hasbro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, August 19th. Hasbro’s dividend payout ratio is 50.36%.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Higher long-term earnings forecasts: Zacks Research raised its FY2027 EPS estimate to $6.53 from $6.32 and its FY2028 estimate to $7.08 from $6.87. Its Q1 2028 forecast also increased to $1.45 from $1.39. The 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: Strong recent operating performance: Hasbro’s latest reported quarter exceeded expectations, with EPS of $1.28 versus a $1.16 consensus estimate and revenue of $1.14 billion versus $1.07 billion expected. Revenue increased 16.2% year over year, providing a favorable fundamental backdrop.
• Positive Sentiment: Peppa Pig marketing push: Hasbro is bringing Mummy Pig back to Kylie Kelce’s podcast to reach millennial parents. The campaign could strengthen engagement with the Peppa Pig franchise and support consumer-products demand, though the immediate financial impact is uncertain. Mummy Pig Returns to Kylie Kelce’s Podcast
• Positive Sentiment: Dividend support: Hasbro declared a quarterly dividend of $0.70, equivalent to $2.80 annually and a yield of approximately 2.9%. The dividend may appeal to income-focused investors, with the next payment scheduled for September 2 to shareholders of record August 19.
• Neutral Sentiment: Brand visibility: Hasbro’s “Toddler of the Year” contest generated local media attention, but the initiative is unlikely to materially affect near-term earnings or valuation. Athens 3-year-old semi-finalist in Hasbro’s Toddler of the Year contest
• Negative Sentiment: Third-quarter caution: Zacks Research issued a bearish estimate for Hasbro’s Q3 earnings. The report did not provide the specific forecast, but the warning raises concern about near-term operating momentum and could temper the positive effect of higher longer-term estimates.
• Negative Sentiment: Director selling: Director Elizabeth Hamren sold a combined 2,964 shares for approximately $272,784 in two transactions. The sales reduced her holdings by 7.69% and 16.64%, respectively. Insider selling does not necessarily indicate weaker fundamentals, but it may weigh modestly on investor sentiment. SEC insider trading filing

Analyst Ratings Changes

A number of research firms have weighed in on HAS. Jefferies Financial Group cut their price objective on shares of Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, July 16th. Morgan Stanley increased their target price on shares of Hasbro from $122.00 to $123.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Wells Fargo & Company dropped their target price on Hasbro from $92.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Tuesday, June 9th. Wall Street Zen lowered Hasbro from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Roth Capital reaffirmed a “buy” rating on shares of Hasbro in a report on Wednesday, July 22nd. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hasbro currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.07.

Insider Activity at Hasbro

In related news, Director Elizabeth Hamren sold 1,975 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $92.84, for a total value of $183,359.00. Following the transaction, the director directly owned 9,896 shares of the company’s stock, valued at approximately $918,744.64. This trade represents a 16.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Timothy J. Kilpin sold 20,000 shares of Hasbro stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $93.12, for a total value of $1,862,400.00. Following the completion of the sale, the insider owned 54,229 shares in the company, valued at approximately $5,049,804.48. The trade was a 26.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 45,415 shares of company stock worth $4,260,164 in the last quarter. Company insiders own 0.71% of the company’s stock.

Hasbro Profile

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.