Reynolds Consumer Products (NASDAQ:REYN) Upgraded at Zacks Research

Zacks Research upgraded shares of Reynolds Consumer Products (NASDAQ:REYN) from a strong sell rating to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports.

Several other research analysts have also weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. Royal Bank Of Canada lowered their price objective on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Canaccord Genuity Group lowered their price objective on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Finally, UBS Group lowered their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.00.

Reynolds Consumer Products Stock Up 3.1%

Shares of REYN opened at $21.94 on Monday. The company has a market capitalization of $4.62 billion, a PE ratio of 15.24 and a beta of 0.61. Reynolds Consumer Products has a 12 month low of $20.69 and a 12 month high of $26.25. The stock’s 50-day moving average price is $22.52 and its two-hundred day moving average price is $23.45. 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 (NASDAQ:REYN) last announced its earnings results on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. On average, analysts anticipate that Reynolds Consumer Products will post 1.66 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given 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 4.2%. Reynolds Consumer Products’s dividend payout ratio (DPR) is 63.89%.

Insider Buying and Selling at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Rolf Stangl acquired 4,705 shares of the stock in a transaction dated Wednesday, March 18th. The stock was purchased at an average cost of $21.06 per share, with a total value of $99,087.30. Following the transaction, the director owned 39,537 shares in the company, valued at approximately $832,649.22. The trade was a 13.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.15% of the company’s stock.

Institutional Trading of Reynolds Consumer Products

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in Reynolds Consumer Products by 9.4% in the 3rd quarter. Blue Trust Inc. now owns 5,355 shares of the company’s stock valued at $131,000 after buying an additional 462 shares in the last quarter. Baird Financial Group Inc. increased its position in Reynolds Consumer Products by 1.6% in the 2nd quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock valued at $704,000 after buying an additional 516 shares in the last quarter. Larson Financial Group LLC increased its position in Reynolds Consumer Products by 70.4% in the 4th quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock valued at $29,000 after buying an additional 522 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Reynolds Consumer Products by 6.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,089 shares of the company’s stock valued at $231,000 after buying an additional 582 shares in the last quarter. Finally, Hunter Perkins Capital Management LLC increased its position in Reynolds Consumer Products by 1.2% in the 4th quarter. Hunter Perkins Capital Management LLC now owns 52,155 shares of the company’s stock valued at $1,195,000 after buying an additional 605 shares in the last quarter. 26.81% of the stock is owned by institutional investors.

About Reynolds Consumer Products

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.