Exchange Traded Concepts LLC Buys Shares of 34,994 Reynolds Consumer Products Inc. $REYN

Exchange Traded Concepts LLC bought a new position in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 4th quarter, HoldingsChannel reports. The firm bought 34,994 shares of the company’s stock, valued at approximately $802,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in REYN. Rothschild Investment LLC grew its holdings in shares of Reynolds Consumer Products by 2,734.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock valued at $32,000 after buying an additional 1,258 shares during the period. Quent Capital LLC bought a new stake in shares of Reynolds Consumer Products in the 3rd quarter valued at $33,000. GAMMA Investing LLC raised its stake in Reynolds Consumer Products by 42.5% during the 4th quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock worth $53,000 after buying an additional 695 shares during the period. Clearstead Advisors LLC raised its stake in Reynolds Consumer Products by 54,480.0% during the 3rd quarter. Clearstead Advisors LLC now owns 2,729 shares of the company’s stock worth $67,000 after buying an additional 2,724 shares during the period. Finally, Allworth Financial LP lifted its holdings in Reynolds Consumer Products by 433.2% during the third quarter. Allworth Financial LP now owns 2,991 shares of the company’s stock worth $73,000 after acquiring an additional 2,430 shares in the last quarter. 26.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Royal Bank Of Canada decreased their target price 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. Zacks Research lowered Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 11th. Canaccord Genuity Group decreased 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. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. Finally, UBS Group increased their price objective on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $25.43.

Reynolds Consumer Products Stock Performance

Shares of NASDAQ REYN opened at $21.17 on Friday. The stock has a 50 day moving average price of $22.61 and a 200 day moving average price of $23.48. Reynolds Consumer Products Inc. has a 52 week low of $20.69 and a 52 week high of $26.25. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93. The stock has a market capitalization of $4.46 billion, a PE ratio of 14.70 and a beta of 0.61.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $1.01 billion. During the same period last year, the firm earned $0.58 EPS. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. 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. Analysts predict that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were paid a $0.23 dividend. 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 currently 63.89%.

Insider Transactions at Reynolds Consumer Products

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

Reynolds Consumer Products 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.