Fox Run Management L.L.C. bought a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 36,738 shares of the company’s stock, valued at approximately $842,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of REYN. Larson Financial Group LLC grew its holdings in Reynolds Consumer Products by 70.4% during the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after acquiring an additional 522 shares during the period. Rothschild Investment LLC grew its holdings in Reynolds Consumer Products by 2,734.8% during the third quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock worth $32,000 after acquiring an additional 1,258 shares during the period. Farther Finance Advisors LLC grew its holdings in Reynolds Consumer Products by 127.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock worth $32,000 after acquiring an additional 780 shares during the period. GAMMA Investing LLC grew its holdings in Reynolds Consumer Products by 42.5% during the fourth quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock worth $53,000 after acquiring an additional 695 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in Reynolds Consumer Products by 32.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,873 shares of the company’s stock worth $66,000 after acquiring an additional 704 shares during the period. 26.81% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, Director Rolf Stangl acquired 4,705 shares of Reynolds Consumer Products stock in a transaction that occurred on Wednesday, March 18th. The shares were purchased at an average price of $21.06 per share, for a total transaction of $99,087.30. Following the completion of the transaction, the director owned 39,537 shares in the company, valued at $832,649.22. This represents a 13.51% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.37% of the company’s stock.
Reynolds Consumer Products Stock Performance
Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The firm had revenue of $877.00 million for the quarter, compared to the consensus estimate of $822.42 million. During the same quarter last year, the business posted $0.23 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q2 2026 guidance at 0.390-0.43 EPS. On average, research analysts predict that Reynolds Consumer Products Inc. will post 1.59 EPS for the current year.
Reynolds Consumer Products Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.23 per share. The ex-dividend date was Friday, May 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.9%. Reynolds Consumer Products’s dividend payout ratio (DPR) is presently 58.60%.
Analyst Ratings Changes
Several brokerages have commented on REYN. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Monday, April 27th. Royal Bank Of Canada set a $24.00 price objective on Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. JPMorgan Chase & Co. dropped their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Barclays dropped their price objective on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Finally, Zacks Research raised Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Seven research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $23.60.
Check Out Our Latest Stock Report on Reynolds Consumer Products
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.
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