Cibc World Market Inc. Purchases Shares of 38,326 Hasbro, Inc. $HAS

Cibc World Market Inc. purchased a new stake in shares of Hasbro, Inc. (NASDAQ:HAS) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 38,326 shares of the company’s stock, valued at approximately $2,907,000.

Several other institutional investors also recently modified their holdings of the stock. CYBER HORNET ETFs LLC bought a new stake in Hasbro during the second quarter valued at approximately $25,000. MUFG Securities EMEA plc purchased a new stake in shares of Hasbro during the 2nd quarter valued at $28,000. First Horizon Corp bought a new stake in shares of Hasbro during the 3rd quarter worth $29,000. Pittenger & Anderson Inc. purchased a new position in Hasbro in the second quarter worth $35,000. Finally, Mather Group LLC. purchased a new position in Hasbro in the third quarter worth $39,000. 91.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Citigroup raised their price target on Hasbro from $97.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday. Wolfe Research increased their price objective on Hasbro from $90.00 to $124.00 and gave the company an “outperform” rating in a research report on Friday. Monness Crespi & Hardt boosted their target price on Hasbro from $90.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Morgan Stanley upped their target price on Hasbro from $103.00 to $119.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Hasbro in a research note on Monday, December 29th. Ten investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Hasbro presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.73.

Insider Buying and Selling

In related news, CFO Gina M. Goetter sold 12,429 shares of Hasbro stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 68,221 shares in the company, valued at $7,058,144.66. The trade was a 15.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Tarrant L. Sibley sold 15,148 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.85% of the stock is currently owned by company insiders.

Hasbro Trading Up 0.9%

NASDAQ:HAS opened at $102.45 on Monday. The firm has a market capitalization of $14.38 billion, a P/E ratio of -43.60, a P/E/G ratio of 1.79 and a beta of 0.56. The company has a quick ratio of 1.24, a current ratio of 1.38 and a debt-to-equity ratio of 4.89. The company has a fifty day moving average of $87.51 and a 200 day moving average of $81.16. Hasbro, Inc. has a 52 week low of $49.00 and a 52 week high of $106.98.

Hasbro (NASDAQ:HAS) last released its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.52. The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 31.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 earnings per share. On average, research analysts predict that Hasbro, Inc. will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 18th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis 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%.

More Hasbro News

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.