GSA Capital Partners LLP Buys Shares of 41,048 Reynolds Consumer Products Inc. $REYN

GSA Capital Partners LLP bought a new stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 41,048 shares of the company’s stock, valued at approximately $941,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Baird Financial Group Inc. raised its position in shares of Reynolds Consumer Products by 1.6% during the 2nd quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock valued at $704,000 after acquiring an additional 516 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Reynolds Consumer Products by 70.4% during the 4th quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock valued at $29,000 after acquiring an additional 522 shares during the last quarter. Hunter Perkins Capital Management LLC raised its position in shares of Reynolds Consumer Products by 1.2% during the 4th quarter. Hunter Perkins Capital Management LLC now owns 52,155 shares of the company’s stock valued at $1,195,000 after acquiring an additional 605 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Reynolds Consumer Products by 42.5% during the 4th quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock valued at $53,000 after acquiring an additional 695 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC raised its position in shares of Reynolds Consumer Products by 5.6% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 13,131 shares of the company’s stock valued at $297,000 after acquiring an additional 696 shares during the last quarter. Institutional investors own 26.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on REYN. Canaccord Genuity Group lowered their price objective on shares of 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. JPMorgan Chase & Co. lowered their price objective on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Barclays lowered their price objective on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. UBS Group lowered their price objective on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada set a $24.00 price objective on shares of Reynolds Consumer Products and gave the company a “sector perform” rating in a research report on Thursday, April 9th. Seven investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $23.60.

Reynolds Consumer Products Trading Up 0.8%

Reynolds Consumer Products stock opened at $21.79 on Friday. The firm has a 50-day moving average of $21.37 and a 200-day moving average of $22.95. Reynolds Consumer Products Inc. has a one year low of $20.44 and a one year high of $26.25. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.79 and a quick ratio of 0.76. The company has a market cap of $4.59 billion, a price-to-earnings ratio of 13.88 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.03. Reynolds Consumer Products had a net margin of 8.70% and a return on equity of 16.05%. The business had revenue of $877.00 million during the quarter, compared to the consensus estimate of $822.42 million. During the same period last year, the business posted $0.23 EPS. Reynolds Consumer Products’s revenue was up 7.2% on a year-over-year basis. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q2 2026 guidance at 0.390-0.43 EPS. On average, equities analysts expect that Reynolds Consumer Products Inc. will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, May 15th. Reynolds Consumer Products’s dividend payout ratio (DPR) is 58.60%.

Insider Transactions at Reynolds Consumer Products

In other news, Director Rolf Stangl bought 4,705 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was acquired at an average cost of $21.06 per share, for a total transaction of $99,087.30. Following the purchase, the director owned 39,537 shares of the company’s stock, valued at approximately $832,649.22. This trade represents a 13.51% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.37% 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.