Kettle Hill Capital Management LLC Purchases Shares of 47,009 Reynolds Consumer Products Inc. $REYN

Kettle Hill Capital Management LLC purchased a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYNFree Report) during the 3rd quarter, HoldingsChannel reports. The firm purchased 47,009 shares of the company’s stock, valued at approximately $1,150,000.

Other large investors have also made changes to their positions in the company. Rothschild Investment LLC grew its holdings 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 valued at $32,000 after buying an additional 1,258 shares during the last quarter. Quent Capital LLC acquired a new position in shares of Reynolds Consumer Products during the third quarter worth approximately $33,000. Clearstead Advisors LLC boosted its position in shares of Reynolds Consumer Products by 54,480.0% in the third quarter. Clearstead Advisors LLC now owns 2,729 shares of the company’s stock valued at $67,000 after acquiring an additional 2,724 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Reynolds Consumer Products by 764.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company’s stock valued at $79,000 after acquiring an additional 3,242 shares during the period. Finally, Parallel Advisors LLC grew its stake in shares of Reynolds Consumer Products by 47.2% in the third quarter. Parallel Advisors LLC now owns 4,996 shares of the company’s stock worth $122,000 after acquiring an additional 1,601 shares during the last quarter. Institutional investors and hedge funds own 26.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on REYN shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. UBS Group raised their price target on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Zacks Research lowered shares of Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 11th. Canaccord Genuity Group reduced their target price on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research note on Monday, January 26th. Finally, Royal Bank Of Canada decreased their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $25.43.

View Our Latest Stock Analysis on REYN

Reynolds Consumer Products Trading Up 0.0%

Shares of Reynolds Consumer Products stock opened at $21.47 on Monday. Reynolds Consumer Products Inc. has a 12-month low of $20.91 and a 12-month high of $26.25. The stock has a market capitalization of $4.52 billion, a P/E ratio of 14.91 and a beta of 0.57. The company has a 50-day simple moving average of $23.43 and a 200 day simple moving average of $23.71. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70.

Reynolds Consumer Products (NASDAQ:REYNGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. Reynolds Consumer Products’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.58 earnings per share. 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. Research analysts expect 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. Stockholders of record on Friday, February 13th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products’s payout ratio is presently 63.89%.

Reynolds Consumer Products Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Reynolds Consumer Products (NASDAQ:REYN)

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