Syon Capital LLC Makes New Investment in Reynolds Consumer Products Inc. $REYN

Syon Capital LLC bought a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 4th quarter, HoldingsChannel reports. The fund bought 23,614 shares of the company’s stock, valued at approximately $541,000.

A number of other large investors have also made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Reynolds Consumer Products by 4.8% in the third quarter. Vanguard Group Inc. now owns 6,197,729 shares of the company’s stock valued at $151,658,000 after purchasing an additional 284,643 shares during the last quarter. AQR Capital Management LLC boosted its stake in 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 worth $121,156,000 after buying an additional 3,071,015 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Reynolds Consumer Products by 12.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,775,909 shares of the company’s stock valued at $92,386,000 after buying an additional 409,702 shares in the last quarter. Gotham Asset Management LLC grew its holdings 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 in the last quarter. Finally, SG Americas Securities LLC increased its stake in shares of 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 acquiring an additional 1,352,881 shares during the last quarter. 26.81% of the stock is currently owned by hedge funds and other institutional investors.

Reynolds Consumer Products Price Performance

NASDAQ:REYN opened at $23.45 on Thursday. Reynolds Consumer Products Inc. has a 52 week low of $20.44 and a 52 week high of $26.25. The stock’s fifty day moving average is $21.63 and its two-hundred day moving average is $22.73. The company has a market capitalization of $4.94 billion, a P/E ratio of 14.94 and a beta of 0.58. The company has a quick ratio of 0.76, a current ratio of 1.79 and a debt-to-equity ratio of 0.68.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. The business had revenue of $877.00 million during the quarter, compared to analysts’ expectations of $822.42 million. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.23 EPS. 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. Equities analysts expect that Reynolds Consumer Products Inc. will post 1.59 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Friday, May 15th. Reynolds Consumer Products’s dividend payout ratio (DPR) is 58.60%.

Analysts Set New Price Targets

Several research firms have recently commented on REYN. Barclays reduced their price target on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Royal Bank Of Canada set a $24.00 price objective on shares of Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. UBS Group reduced their target price on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Zacks Research upgraded shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Finally, JPMorgan Chase & Co. dropped their price target on shares of 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. Seven equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $23.60.

Insiders Place Their Bets

In related news, Director Rolf Stangl purchased 4,705 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was acquired 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 directly owned 39,537 shares in the company, valued at approximately $832,649.22. The trade was a 13.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.37% of the stock is currently owned by company insiders.

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.