Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives Consensus Rating of “Hold” from Analysts

Reynolds Consumer Products Inc. (NASDAQ:REYN) has earned an average recommendation of “Hold” from the nine brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $25.4286.

A number of equities research analysts have weighed in on the stock. Canaccord Genuity Group cut their price target on shares of 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 downgraded Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 11th. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th. UBS Group increased their price target on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada lowered their price objective on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its holdings in Reynolds Consumer Products by 1.9% during the 1st quarter. Royal Bank of Canada now owns 94,024 shares of the company’s stock valued at $2,244,000 after purchasing an additional 1,720 shares during the last quarter. Millennium Management LLC boosted its position in Reynolds Consumer Products by 11.3% in the 1st quarter. Millennium Management LLC now owns 592,459 shares of the company’s stock valued at $14,136,000 after buying an additional 60,198 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Reynolds Consumer Products by 60.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 222,853 shares of the company’s stock worth $5,317,000 after purchasing an additional 83,633 shares during the period. Jane Street Group LLC grew its position in shares of Reynolds Consumer Products by 488.4% during the 1st quarter. Jane Street Group LLC now owns 125,724 shares of the company’s stock worth $3,000,000 after buying an additional 104,357 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Reynolds Consumer Products by 16.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 326,629 shares of the company’s stock valued at $6,996,000 after acquiring an additional 44,981 shares during the last quarter. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Price Performance

REYN opened at $22.15 on Thursday. 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 company’s 50-day moving average price is $23.55 and its 200 day moving average price is $23.75. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 15.38 and a beta of 0.57. Reynolds Consumer Products has a fifty-two week low of $20.91 and a fifty-two week high of $26.25.

Reynolds Consumer Products (NASDAQ:REYN) last issued its quarterly earnings data 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). The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate 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 quarter in the prior 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, sell-side analysts expect that Reynolds Consumer Products will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a dividend of $0.23 per share. The ex-dividend date was Friday, February 13th. This represents a $0.92 annualized dividend and a dividend yield of 4.2%. Reynolds Consumer Products’s payout ratio is presently 63.89%.

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.