47,009 Shares in Reynolds Consumer Products Inc. $REYN Purchased by Kettle Hill Capital Management LLC

Kettle Hill Capital Management LLC acquired a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 47,009 shares of the company’s stock, valued at approximately $1,150,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in shares of Reynolds Consumer Products by 163.3% in the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock worth $121,156,000 after purchasing an additional 3,071,015 shares in the last quarter. Jane Street Group LLC grew its position in Reynolds Consumer Products by 858.3% during the second quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock valued at $25,808,000 after purchasing an additional 1,079,116 shares in the last quarter. Gotham Asset Management LLC increased its stake in Reynolds Consumer Products by 182.2% in the 3rd quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after buying an additional 1,006,051 shares during the period. Ameriprise Financial Inc. increased its stake in Reynolds Consumer Products by 3,783.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock valued at $18,352,000 after buying an additional 730,670 shares during the period. Finally, Clifford Capital Partners LLC lifted its position in Reynolds Consumer Products by 4,507.2% in the 2nd quarter. Clifford Capital Partners LLC now owns 707,853 shares of the company’s stock worth $15,162,000 after buying an additional 692,489 shares in the last quarter. Hedge funds and other institutional investors own 26.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. UBS Group lifted their target price on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating 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 report on Wednesday, February 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. Canaccord Genuity Group lowered their target price on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating on the stock in a research note on Monday, January 26th. Finally, Royal Bank Of Canada dropped their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $25.43.

Reynolds Consumer Products Stock Performance

Shares of NASDAQ REYN opened at $21.47 on Monday. The business’s 50-day simple moving average is $23.43 and its 200-day simple moving average is $23.71. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93. Reynolds Consumer Products Inc. has a 52 week low of $20.91 and a 52 week high of $26.25. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 14.91 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN) last posted its 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 during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the firm posted $0.58 earnings per share. 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. As a group, equities research analysts expect 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 announced a quarterly dividend, which was paid on Friday, February 27th. Investors 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 presently 63.89%.

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.