Bleakley Financial Group LLC Invests $1.25 Million in Reynolds Consumer Products Inc. $REYN

Bleakley Financial Group LLC bought a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 50,913 shares of the company’s stock, valued at approximately $1,246,000.

A number of other large investors also recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in Reynolds Consumer Products by 1.9% in the 1st quarter. Royal Bank of Canada now owns 94,024 shares of the company’s stock valued at $2,244,000 after purchasing an additional 1,720 shares during the period. Millennium Management LLC boosted its position in shares of Reynolds Consumer Products by 11.3% in the first quarter. Millennium Management LLC now owns 592,459 shares of the company’s stock valued at $14,136,000 after acquiring an additional 60,198 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Reynolds Consumer Products by 60.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 222,853 shares of the company’s stock valued at $5,317,000 after acquiring an additional 83,633 shares during the period. Jane Street Group LLC grew its stake in shares of Reynolds Consumer Products by 488.4% in the first quarter. Jane Street Group LLC now owns 125,724 shares of the company’s stock valued at $3,000,000 after acquiring an additional 104,357 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Reynolds Consumer Products by 16.0% during the second quarter. Envestnet Asset Management Inc. now owns 326,629 shares of the company’s stock worth $6,996,000 after acquiring an additional 44,981 shares during the period. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Performance

REYN opened at $24.98 on Wednesday. Reynolds Consumer Products Inc. has a 1-year low of $20.91 and a 1-year high of $26.25. The company has a market cap of $5.25 billion, a price-to-earnings ratio of 17.35 and a beta of 0.57. The company has a current ratio of 1.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.70. The company’s fifty day moving average price is $23.52 and its two-hundred day moving average price is $23.70.

Reynolds Consumer Products (NASDAQ:REYN) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. 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. On average, analysts expect that Reynolds Consumer Products Inc. will post 1.66 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be paid a $0.23 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.92 annualized dividend and a yield of 3.7%. Reynolds Consumer Products’s dividend payout ratio (DPR) is 63.89%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on REYN shares. Royal Bank Of Canada cut their price objective on shares of Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Zacks Research downgraded Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. Canaccord Genuity Group dropped their price target on 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. Finally, UBS Group upped their price target on Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $25.43.

Reynolds Consumer Products Company Profile

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.