Reynolds Consumer Products (NASDAQ:REYN) Price Target Lowered to $23.00 at UBS Group

Reynolds Consumer Products (NASDAQ:REYN) had its target price reduced by UBS Group from $26.00 to $23.00 in a report published on Tuesday,Benzinga reports. They currently have a neutral rating on the stock.

Other equities research analysts have also issued reports about the company. Zacks Research lowered Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada decreased their price target on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Canaccord Genuity Group decreased 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Reynolds Consumer Products presently has a consensus rating of “Hold” and an average price target of $25.00.

Reynolds Consumer Products Price Performance

REYN stock opened at $21.29 on Tuesday. Reynolds Consumer Products has a 12 month low of $20.69 and a 12 month high of $26.25. 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 has a 50-day moving average price of $22.53 and a 200 day moving average price of $23.46. The stock has a market cap of $4.49 billion, a PE ratio of 14.78 and a beta of 0.61.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly 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). Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. Reynolds Consumer Products’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. Equities research analysts anticipate that Reynolds Consumer Products will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, February 13th. This represents a $0.92 dividend on an annualized basis and a yield of 4.3%. Reynolds Consumer Products’s dividend payout ratio (DPR) is presently 63.89%.

Insiders Place Their Bets

In related news, Director Rolf Stangl acquired 4,705 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of $21.06 per share, for a total transaction of $99,087.30. Following the acquisition, the director directly owned 39,537 shares of the company’s stock, valued at $832,649.22. This represents a 13.51% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.37% of the stock is owned by insiders.

Institutional Investors Weigh In On Reynolds Consumer Products

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Reynolds Consumer Products by 4.8% during the 3rd quarter. Vanguard Group Inc. now owns 6,197,729 shares of the company’s stock valued at $151,658,000 after purchasing an additional 284,643 shares in the last quarter. AQR Capital Management LLC raised its position in Reynolds Consumer Products by 163.3% during the 3rd quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after purchasing an additional 3,071,015 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Reynolds Consumer Products by 17.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,425,029 shares of the company’s stock valued at $101,426,000 after purchasing an additional 649,120 shares in the last quarter. Gotham Asset Management LLC raised its position in Reynolds Consumer Products by 182.2% during the 3rd quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after purchasing an additional 1,006,051 shares in the last quarter. Finally, SG Americas Securities LLC raised its position 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 valued at $33,570,000 after purchasing an additional 1,352,881 shares in the last quarter. 26.81% of the stock is owned by institutional investors.

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.