Reynolds Consumer Products Inc. (NASDAQ:REYN) Given Average Rating of “Hold” by Brokerages

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have earned an average rating of “Hold” from the nine analysts that are covering the company, MarketBeat reports. Seven research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $26.75.

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Reynolds Consumer Products in a research report on Wednesday. Barclays boosted their price objective on shares of Reynolds Consumer Products from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Friday, August 1st. Finally, UBS Group boosted their price objective on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Thursday, July 31st.

Reynolds Consumer Products Stock Performance

Shares of REYN opened at $23.36 on Monday. The company has a current ratio of 1.85, a quick ratio of 0.75 and a debt-to-equity ratio of 0.75. The stock has a market cap of $4.91 billion, a P/E ratio of 15.68 and a beta of 0.60. The company has a 50-day moving average of $23.25 and a two-hundred day moving average of $22.75. Reynolds Consumer Products has a 12-month low of $20.91 and a 12-month high of $30.61.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01. The business had revenue of $938.00 million during the quarter, compared to analyst estimates of $899.05 million. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. The company’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 earnings per share. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. As a group, research analysts predict that Reynolds Consumer Products will post 1.66 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.9%. The ex-dividend date was Friday, August 15th. Reynolds Consumer Products’s payout ratio is currently 61.74%.

Insider Transactions at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Duncan Hawkesby acquired 159,506 shares of the firm’s stock in a transaction on Tuesday, August 26th. The stock was bought at an average cost of $22.99 per share, for a total transaction of $3,667,042.94. Following the completion of the purchase, the director directly owned 334,092 shares in the company, valued at $7,680,775.08. This represents a 91.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have purchased 231,092 shares of company stock worth $5,316,902 in the last ninety days. 0.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Reynolds Consumer Products

Several institutional investors have recently bought and sold shares of REYN. GAMMA Investing LLC boosted its stake in shares of Reynolds Consumer Products by 1,493.1% in the first quarter. GAMMA Investing LLC now owns 20,233 shares of the company’s stock valued at $483,000 after purchasing an additional 18,963 shares during the period. Olstein Capital Management L.P. raised its holdings in Reynolds Consumer Products by 28.6% in the first quarter. Olstein Capital Management L.P. now owns 304,850 shares of the company’s stock valued at $7,274,000 after acquiring an additional 67,850 shares in the last quarter. SG Americas Securities LLC raised its holdings in Reynolds Consumer Products by 950.5% in the first quarter. SG Americas Securities LLC now owns 170,615 shares of the company’s stock valued at $4,071,000 after acquiring an additional 154,374 shares in the last quarter. CX Institutional acquired a new stake in Reynolds Consumer Products in the first quarter valued at $2,849,000. Finally, Hunter Perkins Capital Management LLC acquired a new stake in shares of Reynolds Consumer Products during the first quarter worth $649,000. 26.81% of the stock is currently owned by hedge funds and other institutional investors.

About Reynolds Consumer Products

Reynolds Consumer Products Inc produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally.