Jupiter Topco LLC Invests $738,000 in Reynolds Consumer Products Inc. $REYN

Jupiter Topco LLC purchased a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 27,487 shares of the company’s stock, valued at approximately $738,000.

Several other institutional investors and hedge funds also recently modified their holdings of REYN. Larson Financial Group LLC lifted its stake in shares of Reynolds Consumer Products by 70.4% in the 4th 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 during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Reynolds Consumer Products during the 2nd quarter valued at $31,000. 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 acquiring an additional 780 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Reynolds Consumer Products in the second quarter valued at approximately $34,000. Finally, SJS Investment Consulting Inc. boosted its holdings in Reynolds Consumer Products by 4,657.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company’s stock worth $38,000 after acquiring an additional 1,770 shares during the last quarter. 26.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Canaccord Genuity Group boosted their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Piper Sandler upgraded Reynolds Consumer Products to an “overweight” rating in a research report on Thursday, July 30th. Barclays upped their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Weiss Ratings raised Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Finally, JPMorgan Chase & Co. increased their price target on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $25.60.

Reynolds Consumer Products Stock Performance

REYN opened at $21.85 on Monday. The stock’s 50 day moving average price is $25.58 and its 200-day moving average price is $23.44. The stock has a market cap of $4.61 billion, a price-to-earnings ratio of 13.32 and a beta of 0.54. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.71 and a current ratio of 1.80. Reynolds Consumer Products Inc. has a one year low of $20.44 and a one year high of $27.32.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. The company 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 quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the business posted $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. On average, equities analysts forecast that Reynolds Consumer Products Inc. will post 1.59 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, August 17th. Reynolds Consumer Products’s dividend payout ratio is presently 56.10%.

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.