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

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

REYN has been the subject of a number of recent research reports. Royal Bank Of Canada set a $24.00 target price on Reynolds Consumer Products and gave the company a “sector perform” rating in a research note on Thursday, April 9th. JPMorgan Chase & Co. lifted 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. Canaccord Genuity Group boosted their price target on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Barclays increased their price objective on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Finally, UBS Group raised their price objective on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th.

Reynolds Consumer Products Stock Up 4.3%

REYN stock opened at $26.31 on Friday. Reynolds Consumer Products has a twelve month low of $20.44 and a twelve month high of $27.32. The company has a quick ratio of 0.71, a current ratio of 1.80 and a debt-to-equity ratio of 0.66. The company has a market cap of $5.55 billion, a PE ratio of 16.04 and a beta of 0.55. The business’s 50-day simple moving average is $24.81 and its 200 day simple moving average is $23.19.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, beating 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 firm had revenue of $944.00 million during the quarter, compared to analysts’ expectations of $935.46 million. During the same quarter in the prior year, the firm posted $0.39 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. 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, research analysts anticipate that Reynolds Consumer Products will post 1.59 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 3.5%. Reynolds Consumer Products’s payout ratio is presently 56.10%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its holdings in Reynolds Consumer Products by 163.3% during the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after purchasing an additional 3,071,015 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Reynolds Consumer Products by 858.3% in the 2nd quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock worth $25,808,000 after buying an additional 1,079,116 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Reynolds Consumer Products by 3,783.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock worth $18,352,000 after buying an additional 730,670 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Reynolds Consumer Products by 17.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,425,029 shares of the company’s stock worth $101,426,000 after buying an additional 649,120 shares during the period. Finally, Norges Bank bought a new position in shares of Reynolds Consumer Products during the 4th quarter worth approximately $12,806,000. 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.