Reynolds Consumer Products (NASDAQ:REYN) Director Rolf Stangl Purchases 4,705 Shares

Reynolds Consumer Products Inc. (NASDAQ:REYN) Director Rolf Stangl purchased 4,705 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was bought at an average price of $21.06 per share, for a total transaction of $99,087.30. Following the purchase, the director owned 39,537 shares in the company, valued at approximately $832,649.22. This represents a 13.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Reynolds Consumer Products Stock Up 1.1%

REYN opened at $21.11 on Friday. The company has a market capitalization of $4.44 billion, a PE ratio of 14.65 and a beta of 0.57. The firm has a 50-day simple moving average of $23.28 and a two-hundred day simple moving average of $23.65. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70. Reynolds Consumer Products Inc. has a 52 week low of $20.69 and a 52 week high of $26.25.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. 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. Analysts forecast 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. Stockholders of record on Friday, February 13th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Friday, February 13th. Reynolds Consumer Products’s dividend payout ratio is currently 63.89%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. UBS Group boosted their price target on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Royal Bank Of Canada lowered their price objective on shares of Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th. Canaccord Genuity Group reduced their target price on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating on the stock in a report on Monday, January 26th. Finally, Zacks Research cut shares of Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $25.43.

Institutional Trading of Reynolds Consumer Products

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in shares of Reynolds Consumer Products by 163.3% during the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after purchasing an additional 3,071,015 shares during the period. SG Americas Securities LLC increased its stake in Reynolds Consumer Products by 1,210.2% in the 4th quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock worth $33,570,000 after buying an additional 1,352,881 shares during the period. Jane Street Group LLC lifted its holdings in Reynolds Consumer Products by 858.3% during the 2nd quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock valued at $25,808,000 after buying an additional 1,079,116 shares in the last quarter. Gotham Asset Management LLC lifted its holdings in Reynolds Consumer Products by 182.2% during 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 in the last quarter. Finally, Ameriprise Financial Inc. boosted its position 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. Hedge funds and other institutional investors own 26.81% of the company’s stock.

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.