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

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYNGet Free Report) have earned a consensus rating of “Hold” from the nine brokerages that are currently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $25.4286.

A number of equities analysts have recently weighed in on the company. Zacks Research lowered Reynolds Consumer Products from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Canaccord Genuity Group decreased their price target on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research note on Monday, January 26th. Royal Bank Of Canada dropped their price objective on shares of Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research note on Thursday. UBS Group lifted their price objective on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th.

Check Out Our Latest Analysis on Reynolds Consumer Products

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. AQR Capital Management LLC grew its holdings in Reynolds Consumer Products by 163.3% during the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock worth $121,156,000 after buying an additional 3,071,015 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Reynolds Consumer Products by 1,210.2% during the 4th quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock worth $33,570,000 after acquiring an additional 1,352,881 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Reynolds Consumer Products by 858.3% in the 2nd quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock worth $25,808,000 after acquiring an additional 1,079,116 shares in the last quarter. Gotham Asset Management LLC grew its stake in shares of Reynolds Consumer Products by 182.2% in the 3rd quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock worth $38,133,000 after acquiring an additional 1,006,051 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Reynolds Consumer Products by 3,783.5% in the third quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock valued at $18,352,000 after purchasing an additional 730,670 shares during the last quarter. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Price Performance

REYN stock opened at $22.77 on Friday. The stock has a market capitalization of $4.79 billion, a PE ratio of 15.81 and a beta of 0.57. The company’s 50-day moving average is $23.63 and its 200-day moving average is $23.56. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.93 and a quick ratio of 0.80. Reynolds Consumer Products has a 1 year low of $20.91 and a 1 year high of $26.25.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last issued its earnings results on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 earnings per share. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. Equities research analysts expect that Reynolds Consumer Products will post 1.66 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, February 13th. Reynolds Consumer Products’s payout ratio is currently 63.89%.

About Reynolds Consumer Products

(Get Free Report)

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.

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Analyst Recommendations for Reynolds Consumer Products (NASDAQ:REYN)

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