Landscape Capital Management L.L.C. Makes New Investment in Reynolds Consumer Products Inc. $REYN

Landscape Capital Management L.L.C. acquired a new position in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 105,441 shares of the company’s stock, valued at approximately $2,417,000.

Other hedge funds have also added to or reduced their stakes in the company. Fieldview Capital Management LLC bought a new stake in Reynolds Consumer Products in the third quarter worth about $1,436,000. Bleakley Financial Group LLC bought a new stake in Reynolds Consumer Products in the third quarter worth about $1,246,000. Rhumbline Advisers raised its position in Reynolds Consumer Products by 25.7% in the third quarter. Rhumbline Advisers now owns 228,210 shares of the company’s stock worth $5,584,000 after acquiring an additional 46,639 shares during the period. Vanguard Group Inc. increased its stake 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 worth $151,658,000 after purchasing an additional 284,643 shares in the last quarter. Finally, Kettle Hill Capital Management LLC purchased a new position in shares of Reynolds Consumer Products in the third quarter worth about $1,150,000. Institutional investors own 26.81% of the company’s stock.

Wall Street Analysts Forecast Growth

REYN has been the subject of several recent research reports. Zacks Research upgraded shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. JPMorgan Chase & Co. reduced their target price 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. Barclays reduced their target price on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. Royal Bank Of Canada set a $24.00 target price on shares of Reynolds Consumer Products and gave the stock a “sector perform” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Monday, April 27th. Seven equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $23.60.

Insider Buying and Selling

In other news, Director Rolf Stangl acquired 4,705 shares of Reynolds Consumer Products stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of $21.06 per share, with a total value of $99,087.30. Following the completion of the purchase, the director 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 purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.37% of the company’s stock.

Reynolds Consumer Products Price Performance

REYN opened at $23.53 on Monday. The company has a market capitalization of $4.96 billion, a price-to-earnings ratio of 14.99 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. The firm has a 50-day moving average price of $21.72 and a 200-day moving average price of $22.71. Reynolds Consumer Products Inc. has a twelve month low of $20.44 and a twelve month high of $26.25.

Reynolds Consumer Products (NASDAQ:REYN) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.25 by $0.03. The company had revenue of $877.00 million during the quarter, compared to analysts’ expectations of $822.42 million. Reynolds Consumer Products had a net margin of 8.70% and a return on equity of 16.05%. Reynolds Consumer Products’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.23 earnings per share. 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 company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.92 annualized dividend and a yield of 3.9%. Reynolds Consumer Products’s payout ratio is currently 58.60%.

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.