Mitsubishi UFJ Trust & Banking Corp Decreases Holdings in Hasbro, Inc. $HAS

Key Points

• Mitsubishi UFJ Trust & Banking cut its stake in Hasbro by 37.6% in Q4, selling 41,322 shares and leaving 68,485 shares valued at about $5.62 million.
• Hasbro beat quarterly estimates with $1.51 EPS and 31.3% revenue growth, but insiders have sold heavily (413,342 shares, ~$42.2M over 90 days) and analysts hold a "Moderate Buy" consensus with an average target of $113.07 amid concerns over high leverage (debt/equity 4.89) and a negative trailing P/E.

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in shares of Hasbro, Inc. (NASDAQ:HAS - Free Report) by 37.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,485 shares of the company's stock after selling 41,322 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Hasbro were worth $5,616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Hasbro by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 16,976,679 shares of the company's stock worth $1,392,088,000 after purchasing an additional 453,038 shares during the period. State Street Corp raised its holdings in shares of Hasbro by 2.1% during the second quarter. State Street Corp now owns 6,508,052 shares of the company's stock worth $480,424,000 after purchasing an additional 131,678 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Hasbro by 21.9% during the third quarter. Bank of America Corp DE now owns 3,633,213 shares of the company's stock worth $275,579,000 after purchasing an additional 651,790 shares during the last quarter. AQR Capital Management LLC increased its holdings 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 buying an additional 697,836 shares in the last quarter. Finally, Samlyn Capital LLC increased its holdings in Hasbro by 18.9% in the third quarter. Samlyn Capital LLC now owns 1,546,304 shares of the company's stock valued at $117,287,000 after buying an additional 245,721 shares in the last quarter. Institutional investors own 91.83% of the company's stock.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro’s high-profile launch of the life‑size "Ultimate Grogu" animatronic is generating lots of press and collector buzz — a potentially high-margin, premium collectible that can lift revenue and brand attention. We Go Up Close With Ultimate Grogu
• Positive Sentiment: Early hands‑on and lifestyle pieces reinforce demand signaling for the $599–$600 Grogu collectible, which could help Hasbro capture higher average selling prices among collectors. We Meet Ultimate Grogu
• Positive Sentiment: New reveals for Hasbro’s Star Wars: The Vintage Collection (classic action figures such as Original Anakin and Luuke) reinforce a steady, recurring revenue stream from collectors and hobbyists. Product pipeline activity is a constructive sign for near‑term sales. Vintage Collection Reveals
• Neutral Sentiment: Hasbro is expanding branded family games (e.g., Guess Who? Pokémon edition) — incremental product news that supports stable core toy & game sales but likely won’t move the needle materially. Guess Who? Pokémon Review
• Neutral Sentiment: PR/CSR and lifestyle coverage (children’s prom event, human‑interest pieces) help brand goodwill but are unlikely to have a near-term sales impact. Children's Prom Human Interest: I'm in a relationship with Hasbro's $599 Baby Yoda
• Negative Sentiment: Investor caution: Hasbro still shows leverage and mixed trailing metrics (elevated debt/equity and a negative trailing P/E), so even positive product news can be met with profit-taking as investors reassess sustainability of margin gains and growth. (See recent trading/financial snapshot)

Analysts Set New Price Targets

Several analysts have recently weighed in on HAS shares. Wolfe Research increased their price target on shares of Hasbro from $90.00 to $124.00 and gave the company an "outperform" rating in a research note on Friday, February 13th. UBS Group increased their target price on shares of Hasbro from $99.00 to $110.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. JPMorgan Chase & Co. increased their target price on shares of Hasbro from $115.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, April 23rd. Argus set a $105.00 price objective on shares of Hasbro in a research report on Friday, March 13th. Finally, Wall Street Zen raised Hasbro from a "buy" rating to a "strong-buy" rating in a report on Sunday, March 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Hasbro presently has an average rating of "Moderate Buy" and an average target price of $113.07.

Insider Activity

In related news, EVP Tarrant L. Sibley sold 15,148 shares of the company'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 transaction, the executive vice president owned 50,174 shares of the company's stock, valued at approximately $5,267,266.52. This represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Timothy J. Kilpin sold 7,773 shares of the company's stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $103.00, for a total transaction of $800,619.00. Following the transaction, the insider directly owned 36,528 shares in the company, valued at $3,762,384. The trade was a 17.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 413,342 shares of company stock worth $42,241,679. 0.71% of the stock is currently owned by corporate insiders.

Hasbro Price Performance

HAS stock opened at $95.27 on Monday. The company has a market cap of $13.49 billion, a P/E ratio of -40.54, a P/E/G ratio of 2.81 and a beta of 0.52. Hasbro, Inc. has a 52 week low of $60.33 and a 52 week high of $106.98. The company's 50-day moving average price is $94.08 and its 200 day moving average price is $87.70. The company has a current ratio of 1.38, a quick ratio of 1.24 and a debt-to-equity ratio of 4.89.

Hasbro (NASDAQ:HAS - Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, topping analysts' consensus estimates 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 firm's revenue was up 31.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 earnings per share. On average, research analysts expect that Hasbro, Inc. will post 5.74 earnings per share for the current fiscal year.

Hasbro Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 4th. Investors of record on Wednesday, February 18th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $2.80 annualized dividend and a dividend yield of 2.9%. Hasbro's dividend payout ratio is presently -119.15%.

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.

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