Reynolds Consumer Products Inc. (NASDAQ:REYN) Given Average Recommendation of “Hold” by Analysts

Reynolds Consumer Products Inc. (NASDAQ:REYN) has been assigned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $26.75.

Several analysts recently weighed in on the stock. UBS Group boosted their price objective on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, July 31st. Barclays lifted their target price on Reynolds Consumer Products from $21.00 to $22.00 and gave the stock 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 research note on Friday, May 30th.

Insider Buying and Selling

In other news, Director Rolf Stangl purchased 4,500 shares of the stock in a transaction on Friday, June 20th. The stock was purchased at an average price of $21.24 per share, for a total transaction of $95,580.00. Following the acquisition, the director owned 30,889 shares in the company, valued at $656,082.36. This trade represents a 17.05% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Duncan Hawkesby acquired 159,506 shares of Reynolds Consumer Products stock in a transaction dated Tuesday, August 26th. The stock was purchased at an average cost of $22.99 per share, for a total transaction of $3,667,042.94. Following the completion of the purchase, the director owned 334,092 shares in the company, valued at approximately $7,680,775.08. The trade was a 91.36% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 235,592 shares of company stock valued at $5,412,482 in the last three months. Insiders own 0.15% of the company’s stock.

Institutional Trading of Reynolds Consumer Products

A number of large investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD raised its position in shares of Reynolds Consumer Products by 19.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,168 shares of the company’s stock worth $464,000 after acquiring an additional 2,837 shares in the last quarter. Northern Trust Corp grew its stake in Reynolds Consumer Products by 49.1% during the fourth quarter. Northern Trust Corp now owns 350,398 shares of the company’s stock worth $9,457,000 after purchasing an additional 115,399 shares during the period. Ameriprise Financial Inc. grew its stake in Reynolds Consumer Products by 214.8% during the fourth quarter. Ameriprise Financial Inc. now owns 20,870 shares of the company’s stock worth $563,000 after purchasing an additional 14,241 shares during the period. BNP Paribas Financial Markets bought a new stake in Reynolds Consumer Products in the fourth quarter worth approximately $1,605,000. Finally, Deutsche Bank AG increased its holdings in Reynolds Consumer Products by 35.8% in the fourth quarter. Deutsche Bank AG now owns 7,247 shares of the company’s stock worth $196,000 after purchasing an additional 1,910 shares in the last quarter. 26.81% of the stock is currently owned by institutional investors and hedge funds.

Reynolds Consumer Products Stock Down 1.1%

Shares of NASDAQ REYN opened at $22.81 on Thursday. The company has a 50 day simple moving average of $22.49 and a 200 day simple moving average of $22.81. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.85 and a quick ratio of 0.75. Reynolds Consumer Products has a 1 year low of $20.91 and a 1 year high of $32.21. The firm has a market cap of $4.80 billion, a PE ratio of 15.31 and a beta of 0.61.

Reynolds Consumer Products (NASDAQ:REYN) last posted its earnings results on Wednesday, July 30th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. The firm had revenue of $938.00 million for the quarter, compared to analyst estimates of $899.05 million. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. The company’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.46 EPS. 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, research analysts forecast that Reynolds Consumer Products will post 1.66 EPS for the current year.

Reynolds Consumer Products Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were issued a $0.23 dividend. The ex-dividend date was Friday, August 15th. This represents a $0.92 annualized dividend and a yield of 4.0%. Reynolds Consumer Products’s dividend payout ratio is presently 61.74%.

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.