Capstone Investment Advisors LLC Invests $2.94 Million in Reynolds Consumer Products Inc. $REYN

Capstone Investment Advisors LLC bought a new stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 109,460 shares of the company’s stock, valued at approximately $2,939,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in REYN. Baird Financial Group Inc. lifted its stake in Reynolds Consumer Products by 1.6% during the second quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock worth $704,000 after purchasing an additional 516 shares during the period. Larson Financial Group LLC boosted its holdings in Reynolds Consumer Products by 70.4% during the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock valued at $29,000 after purchasing an additional 522 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Reynolds Consumer Products by 6.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,089 shares of the company’s stock valued at $231,000 after purchasing an additional 582 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Reynolds Consumer Products by 32.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,873 shares of the company’s stock valued at $66,000 after purchasing an additional 704 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of Reynolds Consumer Products by 127.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock worth $32,000 after buying an additional 780 shares in the last quarter. Institutional investors own 26.81% of the company’s stock.

Wall Street Analysts Forecast Growth

REYN has been the subject of several analyst reports. Barclays raised their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Canaccord Genuity Group increased their price objective on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings raised Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. UBS Group boosted their target price on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Finally, JPMorgan Chase & Co. upped their target price on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $25.60.

Reynolds Consumer Products Stock Performance

NASDAQ:REYN opened at $24.20 on Friday. Reynolds Consumer Products Inc. has a 1 year low of $20.44 and a 1 year high of $27.32. The firm has a 50 day moving average of $25.88 and a 200-day moving average of $23.47. The company has a current ratio of 1.80, a quick ratio of 0.71 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $5.10 billion, a P/E ratio of 14.76 and a beta of 0.55.

Reynolds Consumer Products (NASDAQ:REYN) last announced its earnings results on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. The business had revenue of $944.00 million for the quarter, compared to the consensus estimate of $935.46 million. Reynolds Consumer Products had a return on equity of 16.03% and a net margin of 9.11%.Reynolds Consumer Products’s revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 EPS. Reynolds Consumer Products has set its Q3 2026 guidance at 0.370-0.390 EPS and its FY 2026 guidance at 1.570-1.630 EPS. As a group, sell-side analysts anticipate that Reynolds Consumer Products Inc. will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 3.8%. Reynolds Consumer Products’s payout ratio is currently 56.10%.

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.