Hasbro (NASDAQ:HAS) Shares Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Hasbro, Inc. (NASDAQ:HAS). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Hasbro stock on April 1st. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Hasbro Stock Up 1.1%

HAS stock traded up $0.74 during midday trading on Friday, hitting $67.21. 1,522,585 shares of the company’s stock were exchanged, compared to its average volume of 1,720,814. The company has a current ratio of 1.60, a quick ratio of 1.29 and a debt-to-equity ratio of 2.85. Hasbro, Inc. has a 12-month low of $49.00 and a 12-month high of $73.46. The firm has a 50 day moving average price of $58.74 and a 200-day moving average price of $60.35. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 24.44, a price-to-earnings-growth ratio of 0.60 and a beta of 0.54.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Thursday, April 24th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.37. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The company had revenue of $887.10 million for the quarter, compared to the consensus estimate of $770.60 million. During the same period in the previous year, the business earned $0.61 EPS. Hasbro’s revenue for the quarter was up 17.1% compared to the same quarter last year. On average, analysts anticipate that Hasbro, Inc. will post 4.33 EPS for the current year.

Hasbro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.70 per share. The ex-dividend date is Wednesday, May 21st. This represents a $2.80 annualized dividend and a yield of 4.17%. Hasbro’s dividend payout ratio is presently 92.41%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HAS. Pacer Advisors Inc. boosted its position in Hasbro by 28,552.6% during the 4th quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company’s stock valued at $155,967,000 after purchasing an additional 2,779,877 shares during the period. Kovitz Investment Group Partners LLC boosted its position in Hasbro by 313.8% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 3,200,860 shares of the company’s stock valued at $178,960,000 after purchasing an additional 2,427,299 shares during the period. Norges Bank acquired a new position in Hasbro during the 4th quarter valued at approximately $96,359,000. Invesco Ltd. boosted its position in Hasbro by 28.5% during the 4th quarter. Invesco Ltd. now owns 3,159,524 shares of the company’s stock valued at $176,649,000 after purchasing an additional 701,660 shares during the period. Finally, Marshall Wace LLP boosted its position in Hasbro by 23.7% during the 4th quarter. Marshall Wace LLP now owns 2,643,381 shares of the company’s stock valued at $147,791,000 after purchasing an additional 507,054 shares during the period. Institutional investors and hedge funds own 91.83% of the company’s stock.

Wall Street Analysts Forecast Growth

HAS has been the subject of several research reports. Roth Mkm lifted their target price on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Morgan Stanley reiterated an “overweight” rating and issued a $84.00 target price (down previously from $88.00) on shares of Hasbro in a research report on Friday, February 21st. Citigroup upgraded Hasbro from a “neutral” rating to a “buy” rating and set a $72.00 target price for the company in a research report on Friday, April 25th. DA Davidson reiterated a “neutral” rating and issued a $75.00 target price on shares of Hasbro in a research report on Thursday. Finally, StockNews.com lowered Hasbro from a “buy” rating to a “hold” rating in a research report on Tuesday, April 15th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $79.89.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Hasbro Company Profile

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.