Hasbro (NASDAQ:HAS) Sees Strong Trading Volume on Strong Earnings

Shares of Hasbro, Inc. (NASDAQ:HAS) saw unusually-high trading volume on Tuesday following a better than expected earnings announcement. 2,216,573 shares were traded during mid-day trading, an increase of 13% from the previous session’s volume of 1,964,532 shares.The stock last traded at $90.4580 and had previously closed at $81.59.

The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.12. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. Hasbro had a negative net margin of 4.62% and a positive return on equity of 174.64%. Hasbro’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.30 earnings per share.

Hasbro Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Wednesday, August 19th. Hasbro’s payout ratio is -168.67%.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro beat Q2 expectations, reporting adjusted EPS of $1.28 versus $1.17 expected and revenue of $1.14 billion versus $1.07 billion expected, helped by a 27% jump in Wizards of the Coast and Digital Gaming sales and record Magic: The Gathering performance. Reuters article
• Positive Sentiment: Management raised fiscal 2026 revenue, profit and margin guidance, signaling confidence that demand for digital gaming and Magic: The Gathering can keep driving results despite a cautious consumer backdrop. WSJ article
• Positive Sentiment: Adult collectors, hobby gamers, and longtime fans are becoming a bigger growth engine for Hasbro, which suggests the company is benefiting from a more durable, higher-margin audience than traditional toy buyers. PYMNTS article
• Neutral Sentiment: Hasbro also announced a quarterly dividend of $0.70 per share, reinforcing its shareholder-return profile but not materially changing the near-term growth story. MarketBeat reference
• Negative Sentiment: Some commentary flagged a $56 million impairment charge tied to the company’s gaming strategy, reminding investors that not every part of Hasbro’s broader digital push is working smoothly. Kotaku article

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Citigroup dropped their price target on Hasbro from $114.00 to $101.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. UBS Group restated a “buy” rating and set a $110.00 price objective on shares of Hasbro in a report on Thursday, June 18th. JPMorgan Chase & Co. upped their target price on Hasbro from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Wells Fargo & Company cut their target price on Hasbro from $92.00 to $85.00 and set an “equal weight” rating on the stock in a report on Tuesday, June 9th. Finally, Zacks Research downgraded shares of Hasbro from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Hasbro has a consensus rating of “Moderate Buy” and an average target price of $109.71.

Hedge Funds Weigh In On Hasbro

A number of hedge funds have recently added to or reduced their stakes in HAS. Norges Bank bought a new stake in Hasbro during the 4th quarter worth approximately $147,748,000. Bank of America Corp DE lifted its holdings in shares of Hasbro by 128.7% in the second quarter. Bank of America Corp DE now owns 2,981,423 shares of the company’s stock valued at $220,089,000 after purchasing an additional 1,677,962 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Hasbro by 47.3% in the fourth quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock valued at $357,286,000 after purchasing an additional 1,399,499 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Hasbro by 454.3% in the first quarter. Assenagon Asset Management S.A. now owns 727,407 shares of the company’s stock valued at $68,085,000 after purchasing an additional 596,167 shares in the last quarter. Finally, NewEdge Wealth LLC purchased a new position in shares of Hasbro during the first quarter valued at approximately $47,671,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Stock Performance

The company has a 50-day moving average of $84.61 and a 200-day moving average of $90.29. The company has a market cap of $12.56 billion, a PE ratio of -53.48, a PEG ratio of 2.02 and a beta of 0.49. The company has a quick ratio of 1.49, a current ratio of 1.65 and a debt-to-equity ratio of 4.59.

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.