Hasbro (NASDAQ:HAS) Price Target Raised to $115.00

Hasbro (NASDAQ:HAS) had its target price upped by JPMorgan Chase & Co. from $94.00 to $115.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

HAS has been the subject of a number of other research reports. DA Davidson boosted their target price on shares of Hasbro from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday. UBS Group boosted their price objective on Hasbro from $89.00 to $99.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Citigroup increased their target price on Hasbro from $91.00 to $97.00 and gave the company a “buy” rating in a report on Friday, October 24th. Seaport Research Partners raised Hasbro to a “strong-buy” rating in a research note on Monday, November 10th. Finally, Wall Street Zen upgraded Hasbro from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $110.64.

Hasbro Stock Performance

Shares of HAS stock opened at $102.45 on Wednesday. The company has a market capitalization of $14.38 billion, a P/E ratio of -43.60, a P/E/G ratio of 1.77 and a beta of 0.56. The business’s 50 day moving average is $87.51 and its two-hundred day moving average is $81.09. The company has a current ratio of 1.38, a quick ratio of 1.42 and a debt-to-equity ratio of 4.89. Hasbro has a 12-month low of $49.00 and a 12-month high of $106.98.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.52. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the previous year, the business earned $0.46 earnings per share. The business’s revenue was up 31.3% compared to the same quarter last year. Analysts expect that Hasbro will post 4.33 EPS for the current fiscal year.

Hasbro Announces Dividend

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

Insider Transactions at Hasbro

In related news, CFO Gina M. 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 transaction of $1,285,904.34. Following the completion of the transaction, the chief financial officer directly owned 68,221 shares in the company, valued at $7,058,144.66. This trade represents a 15.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Tarrant L. Sibley sold 15,148 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $104.98, for a total transaction of $1,590,237.04. Following the completion of the transaction, the executive vice president directly owned 50,174 shares of the company’s stock, valued at approximately $5,267,266.52. The trade was a 23.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.85% of the company’s stock.

Institutional Trading of Hasbro

Large investors have recently made changes to their positions in the company. Kestra Advisory Services LLC lifted its stake in Hasbro by 24.1% during the fourth quarter. Kestra Advisory Services LLC now owns 7,148 shares of the company’s stock worth $586,000 after purchasing an additional 1,389 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Hasbro by 0.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 99,215 shares of the company’s stock valued at $8,136,000 after buying an additional 335 shares in the last quarter. Quarry LP grew its position in shares of Hasbro by 13.2% in the 4th quarter. Quarry LP now owns 5,040 shares of the company’s stock valued at $413,000 after buying an additional 588 shares during the last quarter. Neuberger Berman Group LLC raised its stake in Hasbro by 6.7% during the 4th quarter. Neuberger Berman Group LLC now owns 19,598 shares of the company’s stock worth $1,607,000 after acquiring an additional 1,231 shares in the last quarter. Finally, C M Bidwell & Associates Ltd. purchased a new stake in Hasbro in the fourth quarter valued at $297,000. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Hasbro News Roundup

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

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.