Hasbro (NASDAQ:HAS) CFO Gina Goetter Sells 12,429 Shares of Stock

Hasbro, Inc. (NASDAQ:HAS) CFO Gina Goetter sold 12,429 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $103.46, for a total value of $1,285,904.34. Following the sale, the chief financial officer directly owned 68,221 shares of the company’s stock, valued at $7,058,144.66. The trade was a 15.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Hasbro Trading Up 0.9%

Shares of HAS stock opened at $102.45 on Friday. Hasbro, Inc. has a 1-year low of $49.00 and a 1-year high of $106.98. The firm has a market cap of $14.38 billion, a PE ratio of -43.60, a price-to-earnings-growth ratio of 1.77 and a beta of 0.56. The company has a 50-day moving average of $87.51 and a two-hundred day moving average of $81.09. The company has a debt-to-equity ratio of 4.89, a current ratio of 1.38 and a quick ratio of 1.42.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, topping the consensus estimate of $0.99 by $0.52. The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.26 billion. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The business’s revenue for the quarter was up 31.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.46 EPS. On average, analysts predict that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 18th will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, February 18th. Hasbro’s dividend payout ratio (DPR) is currently -119.15%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HAS. Weiss Ratings restated a “sell (d)” rating on shares of Hasbro in a report on Monday, December 29th. Wall Street Zen raised shares of Hasbro from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. JPMorgan Chase & Co. upped their target price on shares of Hasbro from $94.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday. Citigroup raised their price target on shares of Hasbro from $97.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday. Finally, The Goldman Sachs Group upped their price objective on Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a research report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.64.

Institutional Investors Weigh In On Hasbro

A number of large investors have recently modified their holdings of HAS. TD Waterhouse Canada Inc. boosted its stake in Hasbro by 4,246.5% in the third quarter. TD Waterhouse Canada Inc. now owns 80,193 shares of the company’s stock valued at $6,040,000 after acquiring an additional 78,348 shares in the last quarter. Prudential Financial Inc. lifted its holdings in shares of Hasbro by 14.2% in the 2nd quarter. Prudential Financial Inc. now owns 159,288 shares of the company’s stock valued at $11,759,000 after purchasing an additional 19,752 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Hasbro by 34.0% in the 3rd quarter. Principal Financial Group Inc. now owns 197,629 shares of the company’s stock valued at $14,990,000 after purchasing an additional 50,189 shares during the period. AGF Management Ltd. purchased a new position in Hasbro during the 3rd quarter worth approximately $895,000. Finally, Truist Financial Corp increased its position in Hasbro by 28.7% during the third quarter. Truist Financial Corp now owns 54,210 shares of the company’s stock worth $4,112,000 after buying an additional 12,084 shares during the period. 91.83% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Analyst upgrade/price-target boost — Monness Crespi & Hardt raised its Hasbro price target to $120 (from $90) and kept a Buy rating, signaling analyst confidence in the company’s rebound and implying meaningful upside. Monness Crespi price-target note
• Positive Sentiment: Earnings and momentum — Hasbro posted a sizeable beat (Q report: $1.51 EPS vs. $0.99 expected; revenue $1.45B vs. $1.26B) and hit a one?year high after the results, validating stronger-than-expected demand and improving top-line momentum. Earnings beat / 1-year high
• Positive Sentiment: Management highlights growth drivers — CEO Chris Cocks emphasized Wizards of the Coast, hobby gaming, and digital initiatives as accelerating growth levers in recent interviews, supporting investor confidence in sustainable revenue expansion. AOL CEO interview Yahoo Finance video
• Positive Sentiment: New product/licensing catalysts — Hasbro is rolling out collectible/collector-focused releases (Marvel Legends “Secret Wars” figures and new Black Series Mandalorian & Grogu figures), which support short-term revenues and licensing strength. Marvel Legends figures Mandalorian & Grogu figures
• Positive Sentiment: Content monetization push — Hasbro Entertainment and Animaj launched “Lumee” to rethink monetization of kids’ content online, signaling efforts to diversify digital revenue and increase lifetime value from IP. Lumee launch
• Neutral Sentiment: Short-interest data appears unreliable — recent entries show a large increase but report 0 shares/NaN changes and a 0.0 days ratio; this looks like a data glitch and doesn’t provide a meaningful short-sentiment signal today.
• Negative Sentiment: Lawsuit risk — A new suit accuses Hasbro of overprinting Magic: The Gathering cards, which could raise legal costs, regulatory scrutiny, or fan/retailer pushback if it advances; monitor legal developments for potential financial or reputational impact. Lawsuit article

Hasbro Company 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.