Public Sector Pension Investment Board Makes New Investment in Reynolds Consumer Products Inc. $REYN

Public Sector Pension Investment Board acquired a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 213,265 shares of the company’s stock, valued at approximately $5,219,000. Public Sector Pension Investment Board owned about 0.10% of Reynolds Consumer Products as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in Reynolds Consumer Products by 9.4% in the third quarter. Blue Trust Inc. now owns 5,355 shares of the company’s stock valued at $131,000 after buying an additional 462 shares during the period. First Horizon Advisors Inc. raised 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 worth $34,000 after acquiring an additional 464 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of Reynolds Consumer Products by 1.6% in the 2nd quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock worth $704,000 after acquiring an additional 516 shares in the last quarter. Police & Firemen s Retirement System of New Jersey lifted its stake in shares of Reynolds Consumer Products by 2.6% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 20,599 shares of the company’s stock valued at $441,000 after purchasing an additional 523 shares during the period. Finally, Quantinno Capital Management LP boosted its position in shares of Reynolds Consumer Products by 0.9% during the 2nd quarter. Quantinno Capital Management LP now owns 144,482 shares of the company’s stock valued at $3,095,000 after purchasing an additional 1,293 shares in the last quarter. 26.81% of the stock is currently owned by institutional investors and hedge funds.

Reynolds Consumer Products Stock Up 1.0%

REYN stock opened at $24.20 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 16.81 and a beta of 0.57. Reynolds Consumer Products Inc. has a fifty-two week low of $20.91 and a fifty-two week high of $26.25. The stock has a fifty day moving average of $23.50 and a 200-day moving average of $23.64.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period last year, the firm earned $0.58 EPS. 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, equities research 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 disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, February 13th. Reynolds Consumer Products’s payout ratio is presently 63.89%.

Analysts Set New Price Targets

REYN has been the subject of a number of research analyst reports. Canaccord Genuity Group lowered their target price on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a report on Monday, January 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Zacks Research downgraded Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. UBS Group lifted their price objective on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Royal Bank Of Canada decreased their price objective on shares of 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. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $25.43.

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.