Reynolds Consumer Products Inc. (NASDAQ:REYN) Stock Now Rated “Hold” by Wall Street Analysts

Reynolds Consumer Products Inc. (NASDAQ:REYN) has received a consensus rating of “Hold” from the eight research firms that are covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $25.60.

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. raised their price objective on Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a report on Thursday, July 16th. Canaccord Genuity Group increased their target price on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Barclays lifted their price target on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Finally, Piper Sandler upgraded shares of Reynolds Consumer Products to an “overweight” rating in a research note on Thursday, July 30th.

Institutional Investors Weigh In On Reynolds Consumer Products

A number of institutional investors have recently modified their holdings of the stock. Legal & General Group Plc acquired a new stake in shares of Reynolds Consumer Products in the 2nd quarter valued at about $3,253,000. Amundi acquired a new position in shares of Reynolds Consumer Products during the first quarter worth about $2,194,000. Jackson Creek Investment Advisors LLC acquired a new position in shares of Reynolds Consumer Products during the fourth quarter worth about $1,730,000. KBC Group NV grew its holdings in shares of Reynolds Consumer Products by 3,934.6% during the first quarter. KBC Group NV now owns 126,807 shares of the company’s stock worth $2,686,000 after buying an additional 123,664 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Reynolds Consumer Products by 38.9% during the first quarter. Bank of America Corp DE now owns 662,465 shares of the company’s stock worth $14,031,000 after buying an additional 185,665 shares in the last quarter. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Price Performance

Reynolds Consumer Products stock opened at $21.67 on Monday. Reynolds Consumer Products has a 1 year low of $20.44 and a 1 year high of $27.32. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.71 and a current ratio of 1.80. The firm has a 50 day moving average price of $24.21 and a 200 day moving average price of $23.23. The company has a market cap of $4.57 billion, a price-to-earnings ratio of 13.21 and a beta of 0.54.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. Reynolds Consumer Products had a net margin of 9.11% and a return on equity of 16.03%. The company had revenue of $944.00 million for the quarter, compared to the consensus estimate of $935.46 million. During the same quarter last year, the firm posted $0.39 earnings per share. Reynolds Consumer Products’s revenue 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. Sell-side analysts predict that Reynolds Consumer Products will post 1.59 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, August 17th. Reynolds Consumer Products’s dividend payout ratio is 56.10%.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products Inc (NASDAQ:REYN) develops, manufactures and markets household products used for food preparation, storage, serving and waste management. The company sells branded and private-label products primarily through grocery stores, mass merchants, warehouse clubs, online retailers and other distribution channels.

Its portfolio includes Reynolds Kitchens aluminum foil, parchment paper, oven bags, wax paper, plastic wrap and disposable bakeware; Hefty trash bags, food-storage bags and disposable tableware; and Diamond kitchen and food-preparation products.