Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $20.91 and last traded at $20.9210, with a volume of 50484 shares trading hands. The stock had previously closed at $21.25.
Analyst Ratings Changes
REYN has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. UBS Group lifted their price target on Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Canaccord Genuity Group reduced their price target on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Royal Bank Of Canada decreased their price objective 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, Zacks Research downgraded Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Reynolds Consumer Products presently has an average rating of “Hold” and an average target price of $25.43.
View Our Latest Research Report on Reynolds Consumer Products
Reynolds Consumer Products Price Performance
Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) last released 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). Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the prior year, the firm posted $0.58 earnings per share. Reynolds Consumer Products’s revenue for the quarter was up 3.4% compared to the same quarter last year. 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. On average, equities analysts anticipate that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current fiscal year.
Reynolds Consumer Products Dividend Announcement
The firm also recently announced 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. This represents a $0.92 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products’s dividend payout ratio is currently 63.89%.
Insider Buying and Selling
In other Reynolds Consumer Products news, Director Rolf Stangl purchased 4,705 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was bought at an average cost of $21.06 per share, for a total transaction of $99,087.30. Following the completion of the purchase, the director owned 39,537 shares in the company, valued at $832,649.22. This represents a 13.51% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.15% of the company’s stock.
Institutional Investors Weigh In On Reynolds Consumer Products
A number of large investors have recently modified their holdings of REYN. Larson Financial Group LLC raised its position 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 last quarter. Rothschild Investment LLC boosted its stake in Reynolds Consumer Products by 2,734.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock worth $32,000 after purchasing an additional 1,258 shares in the last quarter. Farther Finance Advisors LLC grew its position in Reynolds Consumer Products by 127.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock worth $32,000 after purchasing an additional 780 shares during the last quarter. Quent Capital LLC purchased a new stake in Reynolds Consumer Products during the 3rd quarter worth approximately $33,000. Finally, Rockefeller Capital Management L.P. increased its stake in Reynolds Consumer Products by 119.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company’s stock valued at $41,000 after purchasing an additional 978 shares in the last quarter. Hedge funds and other institutional investors own 26.81% of the company’s stock.
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.
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