Mindset Wealth Management LLC Purchases Shares of 13,104 Hasbro, Inc. $HAS

Mindset Wealth Management LLC purchased a new position in shares of Hasbro, Inc. (NASDAQ:HAS) during the 3rd quarter, Holdings Channel reports. The fund purchased 13,104 shares of the company’s stock, valued at approximately $994,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Hasbro by 0.7% in the second quarter. Vanguard Group Inc. now owns 16,574,471 shares of the company’s stock valued at $1,223,527,000 after acquiring an additional 110,433 shares during the last quarter. State Street Corp boosted its position in Hasbro by 2.1% during the second quarter. State Street Corp now owns 6,508,052 shares of the company’s stock valued at $480,424,000 after purchasing an additional 131,678 shares during the last quarter. Bank of America Corp DE boosted its position in Hasbro by 21.9% during the third quarter. Bank of America Corp DE now owns 3,633,213 shares of the company’s stock valued at $275,579,000 after purchasing an additional 651,790 shares during the last quarter. AQR Capital Management LLC grew its stake in Hasbro by 30.9% in the third quarter. AQR Capital Management LLC now owns 2,957,648 shares of the company’s stock valued at $224,338,000 after purchasing an additional 697,836 shares in the last quarter. Finally, Marshall Wace LLP grew its stake in Hasbro by 15.1% in the second quarter. Marshall Wace LLP now owns 2,634,857 shares of the company’s stock valued at $194,505,000 after purchasing an additional 346,637 shares in the last quarter. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Hasbro Trading Down 0.6%

Shares of Hasbro stock opened at $92.85 on Tuesday. The company has a debt-to-equity ratio of 4.89, a current ratio of 1.38 and a quick ratio of 1.24. The business has a fifty day simple moving average of $94.18 and a two-hundred day simple moving average of $83.94. Hasbro, Inc. has a 1 year low of $49.00 and a 1 year high of $106.98. The company has a market capitalization of $13.06 billion, a price-to-earnings ratio of -39.51 and a beta of 0.54.

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

Hasbro Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were paid a $0.70 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $2.80 dividend on an annualized basis and a yield of 3.0%. Hasbro’s dividend payout ratio is -119.15%.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Q4 beat and $1 billion buyback — Hasbro reported a strong Q4 (revenue and EPS above expectations) and announced a $1B share repurchase plan, which supports EPS and shareholder returns. Hasbro (HAS) Valuation Check After Strong Q4 Beat And US$1b Share Repurchase Plan
• Positive Sentiment: New bond deal and franchise-focused strategy — Hasbro’s recent bond transaction and stated shift toward monetizing core franchises (e.g., entertainment, licensing) were framed as improving the company’s capital structure and strategic clarity, which could reduce refinancing risk and fund growth/shareholder returns. How Hasbro’s New Bond Deal And Franchise Focus At Hasbro (HAS) Has Changed Its Investment Story
• Positive Sentiment: Analyst upgrades — Argus and Wall Street Zen raised their ratings (including a Strong-Buy from Wall Street Zen), which can attract buyers and improve sentiment. Hasbro (NASDAQ:HAS) Upgraded at Argus Hasbro (NASDAQ:HAS) Upgraded to “Strong-Buy” at Wall Street Zen
• Positive Sentiment: Collector and product momentum — new product reveals (Star Wars Vintage Collection 2-pack, Nanomals interactive companions) and experiential initiatives (Spring Play Garden) help maintain brand relevance and merchandising opportunities. Star Wars: The Vintage Collection Obi-Wan Kenobi & Airborne Clone Trooper 2-pack revealed by Hasbro Nanomals by Hasbro! Adorable interactive mini companions! Hasbro’s Spring Play Garden
• Neutral Sentiment: AI stance on core IP — CEO says flagship properties Magic: The Gathering and Dungeons & Dragons will be exempt from generative AI use; this protects IP and fandom trust but may limit internal AI efficiency gains. Hasbro CEO Says MAGIC: THE GATHERING and DUNGEONS & DRAGONS Won’t Ever Use Generative AI Hasbro CEO brags about going all in on AI but MTG and DnD are exempt!
• Negative Sentiment: Balance-sheet/leverage and valuation concerns — Hasbro carries high reported debt-to-equity and mixed profitability metrics (negative net margin historically, negative P/E), which can make the stock vulnerable to macro volatility and weigh on multiple expansion despite recent beats. Market selling/volume suggest some profit-taking. (See company filings and market data.)

Insider Activity at Hasbro

In other Hasbro news, insider Timothy J. Kilpin sold 7,773 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $103.00, for a total value of $800,619.00. Following the transaction, the insider directly owned 36,528 shares of the company’s stock, valued at $3,762,384. This represents a 17.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Tarrant L. Sibley sold 15,148 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $104.98, for a total transaction of $1,590,237.04. Following the sale, the executive vice president owned 50,174 shares of the company’s stock, valued at $5,267,266.52. This trade represents a 23.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 413,342 shares of company stock valued at $42,241,679 in the last 90 days. Insiders own 0.85% of the company’s stock.

Wall Street Analyst Weigh In

HAS has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Hasbro in a research note on Monday, December 29th. DA Davidson raised their target price on shares of Hasbro from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, February 11th. Jefferies Financial Group boosted their target price on shares of Hasbro from $95.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, February 6th. UBS Group increased their price target on shares of Hasbro from $99.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, BNP Paribas Exane began coverage on shares of Hasbro in a research report on Wednesday, February 25th. They issued an “outperform” rating and a $118.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $113.07.

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.