Reynolds Consumer Products Inc. $REYN Stock Holdings Lowered by SG Americas Securities LLC

SG Americas Securities LLC lessened its position in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 88.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 175,168 shares of the company’s stock after selling 1,289,506 shares during the period. SG Americas Securities LLC owned approximately 0.08% of Reynolds Consumer Products worth $3,710,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Rockefeller Capital Management L.P. boosted its stake in Reynolds Consumer Products by 119.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company’s stock valued at $41,000 after purchasing an additional 978 shares during the period. Corient Private Wealth LLC acquired a new stake in shares of Reynolds Consumer Products in the fourth quarter valued at approximately $765,000. Hsbc Holdings PLC bought a new stake in shares of Reynolds Consumer Products during the fourth quarter valued at approximately $3,517,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Reynolds Consumer Products by 199,400.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,995 shares of the company’s stock valued at $46,000 after buying an additional 1,994 shares during the last quarter. Finally, Kera Capital Partners Inc. acquired a new position in shares of Reynolds Consumer Products during the fourth quarter worth approximately $579,000. Institutional investors and hedge funds own 26.81% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on REYN. Weiss Ratings lowered Reynolds Consumer Products from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, June 12th. UBS Group cut their target price 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. Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Barclays decreased their price target on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. Finally, JPMorgan Chase & Co. lowered their price target 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. Seven research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $23.60.

Reynolds Consumer Products Price Performance

NASDAQ REYN opened at $27.12 on Tuesday. Reynolds Consumer Products Inc. has a 12 month low of $20.44 and a 12 month high of $27.13. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.79 and a quick ratio of 0.76. The firm has a market capitalization of $5.72 billion, a PE ratio of 17.27 and a beta of 0.58. The company’s 50 day simple moving average is $22.40 and its 200 day simple moving average is $22.74.

Reynolds Consumer Products (NASDAQ:REYN) last released its earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. The firm had revenue of $877.00 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior 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. As a group, equities research analysts forecast that Reynolds Consumer Products Inc. will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.23 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.92 annualized dividend and a dividend yield of 3.4%. Reynolds Consumer Products’s dividend payout ratio is 58.60%.

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.