Handelsbanken Fonder AB Has $1.07 Million Stock Holdings in Reynolds Consumer Products Inc. $REYN

Handelsbanken Fonder AB raised its stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 209.2% in the third quarter, Holdings Channel reports. The firm owned 43,600 shares of the company’s stock after acquiring an additional 29,500 shares during the quarter. Handelsbanken Fonder AB’s holdings in Reynolds Consumer Products were worth $1,067,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in REYN. Rothschild Investment LLC grew its stake in shares of Reynolds Consumer Products by 2,734.8% in the third quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock valued at $32,000 after buying an additional 1,258 shares in the last quarter. Quent Capital LLC acquired a new stake in Reynolds Consumer Products in the third quarter valued at $33,000. First Horizon Advisors Inc. grew its position in shares of Reynolds Consumer Products by 40.8% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,601 shares of the company’s stock valued at $34,000 after acquiring an additional 464 shares during the period. Clearstead Advisors LLC increased its stake in shares of Reynolds Consumer Products by 54,480.0% during the 3rd quarter. Clearstead Advisors LLC now owns 2,729 shares of the company’s stock worth $67,000 after purchasing an additional 2,724 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Reynolds Consumer Products by 764.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company’s stock valued at $79,000 after purchasing an additional 3,242 shares during the period. Institutional investors own 26.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th. Zacks Research lowered Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. UBS Group raised their price objective on Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Royal Bank Of Canada reduced their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Finally, Canaccord Genuity Group dropped their price target on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating on the stock in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $25.43.

Reynolds Consumer Products Price Performance

NASDAQ:REYN opened at $22.98 on Friday. Reynolds Consumer Products Inc. has a 52 week low of $20.91 and a 52 week high of $26.25. The firm has a market cap of $4.83 billion, a price-to-earnings ratio of 15.96 and a beta of 0.57. The firm’s 50-day simple moving average is $23.58 and its 200 day simple moving average is $23.75. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the firm earned $0.58 EPS. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. 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 predict that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.92 dividend on an annualized basis and a yield of 4.0%. Reynolds Consumer Products’s dividend payout ratio is currently 63.89%.

Reynolds Consumer Products Company Profile

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.