Thrivent Financial for Lutherans Makes New $965,000 Investment in Reynolds Consumer Products Inc. $REYN

Thrivent Financial for Lutherans acquired a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 39,451 shares of the company’s stock, valued at approximately $965,000.

Other hedge funds have also recently bought and sold shares of the company. Quent Capital LLC acquired a new position in Reynolds Consumer Products in the 3rd quarter valued at $33,000. First Horizon Advisors Inc. increased its stake in Reynolds Consumer Products by 40.8% in the second quarter. First Horizon Advisors Inc. now owns 1,601 shares of the company’s stock valued at $34,000 after purchasing an additional 464 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Reynolds Consumer Products by 14,434.8% during the second quarter. Caitong International Asset Management Co. Ltd now owns 3,343 shares of the company’s stock worth $72,000 after buying an additional 3,320 shares during the period. Tower Research Capital LLC TRC boosted its stake in Reynolds Consumer Products by 764.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company’s stock worth $79,000 after buying an additional 3,242 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Reynolds Consumer Products by 583.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,455 shares of the company’s stock valued at $117,000 after buying an additional 4,657 shares during the period. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Performance

NASDAQ:REYN opened at $23.73 on Friday. The firm’s fifty day simple moving average is $23.52 and its 200 day simple moving average is $23.60. The company has a current ratio of 1.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.70. Reynolds Consumer Products Inc. has a twelve month low of $20.91 and a twelve month high of $26.25. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 16.48 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. 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 business earned $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. As a group, equities research analysts expect 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 declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, February 13th. Reynolds Consumer Products’s dividend payout ratio (DPR) is presently 63.89%.

Analyst Upgrades and Downgrades

REYN has been the topic of several recent analyst reports. UBS Group increased their price objective 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. Royal Bank Of Canada cut their price target on shares of Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. Canaccord Genuity Group dropped their price objective on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a report on Monday, January 26th. Zacks Research lowered Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $25.43.

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.