Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives Consensus Recommendation of “Hold” from Analysts

Reynolds Consumer Products Inc. (NASDAQ:REYN) has been assigned an average rating of “Hold” from the seven brokerages that are covering the firm, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $23.60.

Several equities analysts recently issued reports on REYN shares. Weiss Ratings raised Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. decreased their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Royal Bank Of Canada set a $24.00 price target on Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. Zacks Research raised Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, UBS Group reduced their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in REYN. GAMMA Investing LLC boosted its holdings in Reynolds Consumer Products by 48.7% in the second quarter. GAMMA Investing LLC now owns 3,961 shares of the company’s stock worth $106,000 after purchasing an additional 1,298 shares during the last quarter. Versant Capital Management Inc raised its stake in Reynolds Consumer Products by 29.8% during the 2nd quarter. Versant Capital Management Inc now owns 11,064 shares of the company’s stock valued at $297,000 after buying an additional 2,542 shares during the last quarter. Glenmede Trust Co. NA lifted its holdings in shares of Reynolds Consumer Products by 11.7% during the 1st quarter. Glenmede Trust Co. NA now owns 10,500 shares of the company’s stock valued at $222,000 after buying an additional 1,097 shares during the period. Bank of America Corp DE lifted its holdings in shares of Reynolds Consumer Products by 38.9% during the 1st quarter. Bank of America Corp DE now owns 662,465 shares of the company’s stock valued at $14,031,000 after buying an additional 185,665 shares during the period. Finally, Edgestream Partners L.P. purchased a new position in shares of Reynolds Consumer Products in the 1st quarter worth $1,463,000. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Down 1.0%

NASDAQ:REYN opened at $26.20 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.76 and a current ratio of 1.79. The firm has a market cap of $5.52 billion, a P/E ratio of 16.69 and a beta of 0.54. Reynolds Consumer Products has a fifty-two week low of $20.44 and a fifty-two week high of $27.32. The firm has a 50-day simple moving average of $23.06 and a two-hundred day simple moving average of $22.85.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.03. The firm had revenue of $877.00 million for the quarter, compared to the consensus estimate of $822.42 million. Reynolds Consumer Products had a net margin of 8.70% and a return on equity of 16.05%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter 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. Analysts predict that Reynolds Consumer Products will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, May 15th. Reynolds Consumer Products’s dividend payout ratio (DPR) is presently 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.