Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives Average Rating of “Hold” from Brokerages

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYNGet Free Report) have earned an average recommendation of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $25.4286.

Several research analysts have recently issued reports on REYN shares. Zacks Research cut shares of Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 11th. UBS Group boosted their target price on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. Royal Bank Of Canada decreased their price target on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Finally, Canaccord Genuity Group lowered their price target on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating on the stock in a research report on Monday, January 26th.

Read Our Latest Stock Report on REYN

Insider Transactions at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Rolf Stangl purchased 4,705 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were purchased at an average cost 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. The trade was a 13.51% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.15% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Reynolds Consumer Products

Several hedge funds have recently made changes to their positions in the business. Larson Financial Group LLC raised its holdings in shares of Reynolds Consumer Products by 70.4% in the 4th quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after purchasing an additional 522 shares in the last quarter. Rothschild Investment LLC boosted 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 buying an additional 1,258 shares in the last quarter. Farther Finance Advisors LLC grew its position in Reynolds Consumer Products by 127.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock worth $32,000 after buying an additional 780 shares during the last quarter. Quent Capital LLC acquired a new position in Reynolds Consumer Products in the third quarter worth approximately $33,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Reynolds Consumer Products by 119.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company’s stock valued at $41,000 after buying an additional 978 shares in the last quarter. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Price Performance

Shares of REYN opened at $21.17 on Monday. Reynolds Consumer Products has a one year low of $20.69 and a one year high of $26.25. The stock’s fifty day moving average is $22.61 and its 200-day moving average is $23.48. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of 14.70 and a beta of 0.61.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. 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. Equities analysts anticipate that Reynolds Consumer Products will post 1.66 EPS for the current 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 dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.92 annualized dividend and a yield of 4.3%. Reynolds Consumer Products’s dividend payout ratio (DPR) is currently 63.89%.

About Reynolds Consumer Products

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Reynolds Consumer Products (NASDAQ:REYN)

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