Charles Schwab Investment Management Inc. Has $14.49 Million Stock Position in Reynolds Consumer Products Inc. $REYN

Charles Schwab Investment Management Inc. increased its position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) by 2.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 607,090 shares of the company’s stock after acquiring an additional 15,184 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.29% of Reynolds Consumer Products worth $14,485,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in REYN. Ariel Investments LLC raised its holdings in shares of Reynolds Consumer Products by 6.1% during the 4th quarter. Ariel Investments LLC now owns 7,446 shares of the company’s stock valued at $201,000 after purchasing an additional 426 shares in the last quarter. Versant Capital Management Inc increased its position in Reynolds Consumer Products by 38.1% during the first quarter. Versant Capital Management Inc now owns 2,543 shares of the company’s stock worth $61,000 after buying an additional 701 shares during the last quarter. Quarry LP increased its position in Reynolds Consumer Products by 187.0% during the fourth quarter. Quarry LP now owns 2,531 shares of the company’s stock worth $68,000 after buying an additional 1,649 shares during the last quarter. Voya Investment Management LLC increased its position in Reynolds Consumer Products by 4.6% during the fourth quarter. Voya Investment Management LLC now owns 43,462 shares of the company’s stock worth $1,173,000 after buying an additional 1,907 shares during the last quarter. Finally, Deutsche Bank AG increased its position in Reynolds Consumer Products by 35.8% during the fourth quarter. Deutsche Bank AG now owns 7,247 shares of the company’s stock worth $196,000 after buying an additional 1,910 shares during the last quarter. 26.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $30.00 target price on shares of Reynolds Consumer Products in a research note on Monday, April 28th. Canaccord Genuity Group lowered their price target on Reynolds Consumer Products from $27.00 to $26.00 and set a “hold” rating on the stock in a research report on Thursday, May 1st. UBS Group raised their price target on Reynolds Consumer Products from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Barclays raised their target price on Reynolds Consumer Products from $21.00 to $22.00 and gave the company an “equal weight” rating in a report on Friday, August 1st. Finally, Wall Street Zen raised Reynolds Consumer Products from a “sell” rating to a “hold” rating in a report on Friday, May 30th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Reynolds Consumer Products presently has a consensus rating of “Hold” and a consensus target price of $28.00.

Reynolds Consumer Products Stock Up 1.4%

REYN opened at $23.40 on Friday. Reynolds Consumer Products Inc. has a fifty-two week low of $20.91 and a fifty-two week high of $32.65. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.85 and a quick ratio of 0.75. The firm’s fifty day moving average price is $22.02 and its two-hundred day moving average price is $22.90. The company has a market capitalization of $4.92 billion, a P/E ratio of 15.70 and a beta of 0.58.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, July 30th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.01. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. The business had revenue of $938.00 million for the quarter, compared to analyst estimates of $899.05 million. During the same period in the previous year, the business earned $0.46 EPS. The firm’s revenue was up .9% on a year-over-year basis. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. On average, analysts anticipate that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.

Reynolds Consumer Products Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Friday, August 15th. Reynolds Consumer Products’s payout ratio is currently 61.74%.

Insider Activity

In other news, Director Rolf Stangl purchased 4,500 shares of Reynolds Consumer Products stock in a transaction on Friday, June 20th. The shares were purchased at an average cost of $21.24 per share, for a total transaction of $95,580.00. Following the completion of the transaction, the director directly owned 30,889 shares in the company, valued at approximately $656,082.36. This represents a 17.05% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Duncan Hawkesby purchased 67,269 shares of Reynolds Consumer Products stock in a transaction on Thursday, August 21st. The stock was purchased at an average price of $23.04 per share, for a total transaction of $1,549,877.76. Following the completion of the transaction, the director owned 174,586 shares of the company’s stock, valued at approximately $4,022,461.44. This represents a 62.68% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 103,852 shares of company stock worth $2,357,442. Corporate insiders own 0.15% of the company’s stock.

About Reynolds Consumer Products

Reynolds Consumer Products Inc produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally.