Quantinno Capital Management LP Sells 503,723 Shares of Reynolds Consumer Products Inc. $REYN

Quantinno Capital Management LP lessened its stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 34.4% in the first quarter, Holdings Channel reports. The firm owned 961,585 shares of the company’s stock after selling 503,723 shares during the quarter. Quantinno Capital Management LP’s holdings in Reynolds Consumer Products were worth $20,366,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Baird Financial Group Inc. increased its stake in Reynolds Consumer Products by 1.6% in the second quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock valued at $704,000 after acquiring an additional 516 shares during the last quarter. Larson Financial Group LLC lifted its stake in Reynolds Consumer Products by 70.4% during the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after purchasing an additional 522 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Reynolds Consumer Products by 6.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 10,089 shares of the company’s stock valued at $231,000 after purchasing an additional 582 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Reynolds Consumer Products by 32.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,873 shares of the company’s stock valued at $66,000 after purchasing an additional 704 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of Reynolds Consumer Products by 127.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock valued at $32,000 after purchasing an additional 780 shares during the last quarter. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Trading Down 1.3%

Shares of REYN stock opened at $24.94 on Friday. The firm has a market capitalization of $5.26 billion, a P/E ratio of 15.21 and a beta of 0.54. Reynolds Consumer Products Inc. has a twelve month low of $20.44 and a twelve month high of $27.32. The company has a quick ratio of 0.76, a current ratio of 1.80 and a debt-to-equity ratio of 0.66. The stock’s fifty day simple moving average is $24.65 and its 200 day simple moving average is $23.17.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The business had revenue of $944.00 million during the quarter, compared to analysts’ expectations of $935.46 million. Reynolds Consumer Products had a return on equity of 16.03% and a net margin of 9.11%.The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 EPS. Reynolds Consumer Products has set its Q3 2026 guidance at 0.370-0.390 EPS and its FY 2026 guidance at 1.570-1.630 EPS. As a group, sell-side analysts predict that Reynolds Consumer Products Inc. will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.92 annualized dividend and a dividend yield of 3.7%. Reynolds Consumer Products’s dividend payout ratio is currently 56.10%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. UBS Group boosted their price target on Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Canaccord Genuity Group lifted their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the company a “hold” rating in a research report on Thursday. Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Piper Sandler raised Reynolds Consumer Products to an “overweight” rating in a research note on Thursday. Finally, Barclays increased their target price on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Reynolds Consumer Products currently has an average rating of “Hold” and a consensus target price of $25.60.

Reynolds Consumer Products 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.