Vanguard Group Inc. Has $151.66 Million Holdings in Reynolds Consumer Products Inc. $REYN

Vanguard Group Inc. grew its holdings in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 4.8% in the 3rd quarter, Holdings Channel reports. The fund owned 6,197,729 shares of the company’s stock after purchasing an additional 284,643 shares during the quarter. Vanguard Group Inc.’s holdings in Reynolds Consumer Products were worth $151,658,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Blue Trust Inc. boosted its holdings in Reynolds Consumer Products by 9.4% in the 3rd quarter. Blue Trust Inc. now owns 5,355 shares of the company’s stock valued at $131,000 after purchasing an additional 462 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of 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 buying an additional 464 shares during the period. Baird Financial Group Inc. grew its position in Reynolds Consumer Products by 1.6% during the second quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock worth $704,000 after buying an additional 516 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its holdings in Reynolds Consumer Products by 2.6% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 20,599 shares of the company’s stock valued at $441,000 after acquiring an additional 523 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its position in shares of Reynolds Consumer Products by 0.9% in the 2nd quarter. Quantinno Capital Management LP now owns 144,482 shares of the company’s stock worth $3,095,000 after acquiring an additional 1,293 shares during the period. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Down 2.7%

Shares of NASDAQ:REYN opened at $23.66 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70. The firm has a market cap of $4.98 billion, a P/E ratio of 16.43 and a beta of 0.57. Reynolds Consumer Products Inc. has a 12 month low of $20.91 and a 12 month high of $26.25. The company’s 50-day moving average price is $23.59 and its two-hundred day moving average price is $23.76.

Reynolds Consumer Products (NASDAQ:REYN) last announced its earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $1.01 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. The company’s revenue was up 3.4% on a year-over-year basis. 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 forecast that Reynolds Consumer Products Inc. will post 1.66 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $0.23 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.92 annualized dividend and a yield of 3.9%. Reynolds Consumer Products’s dividend payout ratio (DPR) is currently 63.89%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. UBS Group boosted their price objective on Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Canaccord Genuity Group decreased 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 research report on Monday, January 26th. 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 for the company in a research note on Thursday, February 5th. Finally, Zacks Research lowered Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. One 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’s stock. Based on data from MarketBeat, Reynolds Consumer Products has a consensus rating of “Hold” and a consensus target price 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.