Rolf Stangl Buys 4,705 Shares of Reynolds Consumer Products (NASDAQ:REYN) Stock

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

Reynolds Consumer Products Stock Down 0.3%

Shares of REYN stock opened at $20.80 on Friday. The stock’s 50 day simple moving average is $23.22 and its 200 day simple moving average is $23.63. 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 twelve month low of $20.69 and a twelve month high of $26.25. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 14.44 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, research analysts predict that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products’s dividend payout ratio is currently 63.89%.

Hedge Funds Weigh In On Reynolds Consumer Products

Several large investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. grew its position in Reynolds Consumer Products by 119.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company’s stock worth $41,000 after purchasing an additional 978 shares during the last quarter. Corient Private Wealth LLC acquired a new position in shares of Reynolds Consumer Products during the fourth quarter valued at about $765,000. Hsbc Holdings PLC bought a new stake in shares of Reynolds Consumer Products in the fourth quarter valued at about $3,517,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Reynolds Consumer Products by 199,400.0% in 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 period. Finally, Kera Capital Partners Inc. acquired a new stake in Reynolds Consumer Products during the fourth quarter worth about $579,000. 26.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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.