Reynolds Consumer Products Inc. (NASDAQ:REYN) Given Consensus Rating of “Hold” by Analysts

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have been assigned an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a hold recommendation. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $23.60.

A number of brokerages have commented on REYN. UBS Group reduced their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Barclays reduced their price objective on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Monday, April 27th. Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Royal Bank Of Canada set a $24.00 price target on Reynolds Consumer Products and gave the stock a “sector perform” rating in a research note on Thursday, April 9th.

Insider Activity at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Rolf Stangl purchased 4,705 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were acquired at an average price of $21.06 per share, for a total transaction of $99,087.30. Following the completion of the purchase, the director owned 39,537 shares in the company, valued at $832,649.22. The trade was a 13.51% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.37% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Fieldview Capital Management LLC acquired a new stake in Reynolds Consumer Products during the third quarter valued at approximately $1,436,000. Bleakley Financial Group LLC acquired a new stake in Reynolds Consumer Products during the third quarter valued at approximately $1,246,000. Rhumbline Advisers raised its stake in Reynolds Consumer Products by 25.7% during the third quarter. Rhumbline Advisers now owns 228,210 shares of the company’s stock valued at $5,584,000 after buying an additional 46,639 shares in the last quarter. Vanguard Group Inc. raised its stake in Reynolds Consumer Products by 4.8% during the third 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 in the last quarter. Finally, Kettle Hill Capital Management LLC acquired a new stake in Reynolds Consumer Products during the third quarter valued at approximately $1,150,000. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Trading Up 0.5%

Shares of REYN opened at $23.53 on Friday. The stock’s 50-day moving average is $21.72 and its two-hundred day moving average is $22.72. The stock has a market cap of $4.96 billion, a PE ratio of 14.99 and a beta of 0.58. Reynolds Consumer Products has a 12 month low of $20.44 and a 12 month high of $26.25. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.79 and a quick ratio of 0.76.

Reynolds Consumer Products (NASDAQ:REYN) last issued 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. The company had revenue of $877.00 million for the quarter, compared to analysts’ expectations of $822.42 million. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share. 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. Equities analysts forecast that Reynolds Consumer Products will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.23 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.92 annualized dividend and a dividend yield of 3.9%. Reynolds Consumer Products’s payout ratio is 58.60%.

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.