Hillsdale Investment Management Inc. Has $1.11 Million Stock Holdings in Hasbro, Inc. $HAS

Hillsdale Investment Management Inc. lifted its position in Hasbro, Inc. (NASDAQ:HAS) by 5,043.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 11,830 shares of the company’s stock after purchasing an additional 11,600 shares during the period. Hillsdale Investment Management Inc.’s holdings in Hasbro were worth $1,107,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. acquired a new position in Hasbro during the 4th quarter worth $27,000. CYBER HORNET ETFs LLC bought a new position in shares of Hasbro in the second quarter worth about $25,000. MUFG Securities EMEA plc acquired a new position in shares of Hasbro during the 2nd quarter worth about $28,000. Cedar Mountain Advisors LLC bought a new stake in Hasbro during the 1st quarter valued at approximately $37,000. Finally, Park National Corp OH acquired a new stake in Hasbro in the 1st quarter valued at approximately $41,000. Institutional investors own 91.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HAS. Jefferies Financial Group cut their price target on Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a report on Thursday. Wells Fargo & Company cut their target price on shares of Hasbro from $92.00 to $85.00 and set an “equal weight” rating for the company in a research note on Tuesday, June 9th. Wall Street Zen downgraded shares of Hasbro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings lowered Hasbro from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Finally, Zacks Research cut Hasbro from a “strong-buy” rating to a “hold” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.71.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Bank of America kept a buy rating on Hasbro while trimming its price target to $105 from $115, which still implies meaningful upside from current levels. Benzinga report on Bank of America price target cut
• Positive Sentiment: BNP Paribas Exane also reduced its target to $114 from $117 but maintained an outperform rating, reinforcing a generally constructive analyst view. Benzinga report on BNP Paribas target cut
• Neutral Sentiment: Hasbro is scheduled to report second-quarter 2026 results on July 21, and recent previews note the company beat consensus by a wide margin in the prior quarter, keeping attention on whether it can deliver another strong print. Zacks earnings preview article
• Neutral Sentiment: Zacks Research slightly lowered several forward earnings estimates for Hasbro and reiterated a hold rating, but the cuts were small and do not materially change the outlook. Zacks estimates article
• Negative Sentiment: Earlier this week, Zacks Research downgraded Hasbro from strong-buy to hold, adding some caution around near-term expectations. Zacks downgrade report

Hasbro Stock Performance

Hasbro stock opened at $82.09 on Friday. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.65 and a quick ratio of 1.49. The stock has a fifty day moving average price of $85.32 and a two-hundred day moving average price of $90.26. Hasbro, Inc. has a 52-week low of $69.50 and a 52-week high of $106.98. The firm has a market capitalization of $11.61 billion, a P/E ratio of -49.45, a P/E/G ratio of 1.96 and a beta of 0.49.

Hasbro (NASDAQ:HAS) last issued its earnings results on Wednesday, May 13th. The company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.20 by $0.27. Hasbro had a negative net margin of 4.62% and a positive return on equity of 174.64%. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $969.20 million. During the same quarter in the previous year, the company earned $1.04 EPS. The firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. As a group, analysts anticipate that Hasbro, Inc. will post 6.04 EPS for the current fiscal year.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Monday, June 1st were issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, June 1st. Hasbro’s dividend payout ratio (DPR) is currently -168.67%.

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.