Kera Capital Partners Inc. Takes $579,000 Position in Reynolds Consumer Products Inc. $REYN

Kera Capital Partners Inc. bought a new stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 25,006 shares of the company’s stock, valued at approximately $579,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC raised its position in Reynolds Consumer Products by 70.4% in the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after acquiring an additional 522 shares in the last quarter. Rothschild Investment LLC boosted its stake in Reynolds Consumer Products by 2,734.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock worth $32,000 after purchasing an additional 1,258 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Reynolds Consumer Products by 127.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock valued at $32,000 after buying an additional 780 shares in the last quarter. Royal Bank of Canada boosted its position in Reynolds Consumer Products by 74.6% during the 4th quarter. Royal Bank of Canada now owns 2,163 shares of the company’s stock worth $50,000 after acquiring an additional 924 shares during the period. Finally, GAMMA Investing LLC grew its stake in Reynolds Consumer Products by 42.5% during the 4th quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock valued at $53,000 after acquiring an additional 695 shares in the last quarter. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Price Performance

Shares of REYN opened at $23.87 on Friday. 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 stock has a market cap of $5.03 billion, a price-to-earnings ratio of 15.20 and a beta of 0.58. Reynolds Consumer Products Inc. has a 12 month low of $20.44 and a 12 month high of $26.25. The company has a 50-day moving average price of $21.94 and a two-hundred day moving average price of $22.69.

Reynolds Consumer Products (NASDAQ:REYN) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.03. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The firm had revenue of $877.00 million for the quarter, compared to analysts’ expectations of $822.42 million. During the same period in the prior year, the business posted $0.23 earnings per share. The business’s revenue was up 7.2% compared to the same quarter last year. 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 predict that Reynolds Consumer Products Inc. will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.23 per share. The ex-dividend date was Friday, May 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.9%. Reynolds Consumer Products’s dividend payout ratio is 58.60%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on REYN. Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. JPMorgan Chase & Co. reduced their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Royal Bank Of Canada set a $24.00 price objective on shares of Reynolds Consumer Products and gave the stock a “sector perform” rating in a research note on Thursday, April 9th. UBS Group dropped their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Finally, Weiss Ratings downgraded Reynolds Consumer Products from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, June 12th. Seven equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $23.60.

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.