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

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYNGet Free Report) have received an average recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $23.60.

A number of research firms have commented on REYN. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Barclays cut their price objective on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. JPMorgan Chase & Co. cut their price objective on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Royal Bank Of Canada set a $24.00 price objective on shares of Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. Finally, Zacks Research upgraded shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th.

Read Our Latest Stock Analysis on Reynolds Consumer Products

Insider Buying and Selling at Reynolds Consumer Products

In other news, Director Rolf Stangl purchased 4,705 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average price of $21.06 per share, with a total value of $99,087.30. Following the purchase, the director directly owned 39,537 shares in the company, valued at approximately $832,649.22. This represents a 13.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 0.37% of the stock is currently owned by company insiders.

Institutional Trading of Reynolds Consumer Products

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Reynolds Consumer Products by 4.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,197,729 shares of the company’s stock valued at $151,658,000 after buying an additional 284,643 shares during the period. AQR Capital Management LLC grew its stake in shares of Reynolds Consumer Products by 163.3% in the 3rd quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after buying an additional 3,071,015 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Reynolds Consumer Products by 17.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,425,029 shares of the company’s stock valued at $101,426,000 after buying an additional 649,120 shares during the period. 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 valued at $38,133,000 after buying an additional 1,006,051 shares during the period. Finally, SG Americas Securities LLC grew its stake in shares of Reynolds Consumer Products by 1,210.2% in the 4th quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock valued at $33,570,000 after buying an additional 1,352,881 shares during the period. Hedge funds and other institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Up 0.1%

REYN stock opened at $20.88 on Friday. The company has a market cap of $4.40 billion, a price-to-earnings ratio of 14.50 and a beta of 0.61. The company has a current ratio of 1.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.70. Reynolds Consumer Products has a 12 month low of $20.69 and a 12 month high of $26.25. The firm has a 50-day moving average of $22.23 and a two-hundred day moving average of $23.29.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last released 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). The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The firm’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.58 EPS. 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. As a group, analysts forecast that Reynolds Consumer Products will post 1.61 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.92 annualized dividend and a dividend yield of 4.4%. Reynolds Consumer Products’s dividend payout ratio is 63.89%.

Reynolds Consumer Products Company Profile

(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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