Brokerages Set Reynolds Consumer Products Inc. (NASDAQ:REYN) PT at $25.60

Reynolds Consumer Products Inc. (NASDAQ:REYN) has received an average rating of “Hold” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $25.60.

Several equities research analysts recently weighed in on REYN shares. Piper Sandler upgraded Reynolds Consumer Products to an “overweight” rating in a research note on Thursday, July 30th. UBS Group increased their price target 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. Weiss Ratings upgraded shares of Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Canaccord Genuity Group increased their target price on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company a “hold” rating in a research report on Thursday, July 30th. Finally, Barclays boosted their price target on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its stake in Reynolds Consumer Products by 14.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,068,602 shares of the company’s stock valued at $107,350,000 after buying an additional 643,573 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of 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 acquiring an additional 3,071,015 shares during the period. First Trust Advisors LP grew its position in shares of Reynolds Consumer Products by 8.5% during the first quarter. First Trust Advisors LP now owns 2,329,337 shares of the company’s stock worth $49,335,000 after acquiring an additional 182,772 shares during the last quarter. Jane Street Group LLC grew its position in shares of Reynolds Consumer Products by 858.3% during the second quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock worth $25,808,000 after acquiring an additional 1,079,116 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Reynolds Consumer Products in the 2nd quarter valued at $27,907,000. Hedge funds and other institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Down 1.8%

Reynolds Consumer Products stock opened at $26.29 on Friday. The stock has a market cap of $5.54 billion, a PE ratio of 16.03 and a beta of 0.55. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.80 and a quick ratio of 0.71. The stock’s fifty day moving average is $24.99 and its two-hundred day moving average is $23.23. Reynolds Consumer Products has a 1-year low of $20.44 and a 1-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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. Reynolds Consumer Products had a return on equity of 16.03% and a net margin of 9.11%.The business had revenue of $944.00 million during the quarter, compared to analysts’ expectations of $935.46 million. During the same period in the prior year, the firm posted $0.39 EPS. The business’s quarterly revenue was up .6% compared to the same quarter last year. 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, sell-side analysts expect that Reynolds Consumer Products will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, August 17th. Reynolds Consumer Products’s payout ratio is presently 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.