Jackson Creek Investment Advisors LLC Buys Shares of 75,498 Reynolds Consumer Products Inc. $REYN

Jackson Creek Investment Advisors LLC bought a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the fourth quarter, Holdings Channel.com reports. The firm bought 75,498 shares of the company’s stock, valued at approximately $1,730,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Reynolds Consumer Products by 4.8% in the third quarter. Vanguard Group Inc. now owns 6,197,729 shares of the company’s stock valued at $151,658,000 after buying an additional 284,643 shares during the last quarter. AQR Capital Management LLC lifted its stake in Reynolds Consumer Products by 163.3% in the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after buying an additional 3,071,015 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Reynolds Consumer Products by 12.2% in the third quarter. Dimensional Fund Advisors LP now owns 3,775,909 shares of the company’s stock valued at $92,386,000 after buying an additional 409,702 shares during the last quarter. Gotham Asset Management LLC lifted its stake in Reynolds Consumer Products by 182.2% in the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after buying an additional 1,006,051 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Reynolds Consumer Products by 1,210.2% in the fourth quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock valued at $33,570,000 after buying an additional 1,352,881 shares during the last quarter. 26.81% of the stock is currently owned by institutional investors.

Reynolds Consumer Products Price Performance

Shares of NASDAQ REYN opened at $21.81 on Wednesday. Reynolds Consumer Products Inc. has a fifty-two week low of $20.44 and a fifty-two week high of $26.25. The firm’s 50-day simple moving average is $21.38 and its 200 day simple moving average is $22.90. 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 $4.60 billion, a P/E ratio of 13.89 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN) last issued its quarterly earnings data 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. The business had revenue of $877.00 million for 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%. The company’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.92 annualized dividend and a dividend yield of 4.2%. Reynolds Consumer Products’s payout ratio is currently 58.60%.

Insider Activity at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Rolf Stangl bought 4,705 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were acquired at an average cost of $21.06 per share, for a total transaction of $99,087.30. Following the acquisition, the director directly owned 39,537 shares of the company’s stock, valued at $832,649.22. This trade represents a 13.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 0.37% of the stock is owned by insiders.

Analysts Set New Price Targets

REYN has been the topic of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Monday, April 27th. Barclays cut their price objective on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. 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. UBS Group cut their price objective on shares of 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, JPMorgan Chase & Co. cut their price objective on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Seven investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target 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.