Reynolds Consumer Products Inc. (NASDAQ:REYN) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $23.60.

Several research firms recently weighed in on REYN. Royal Bank Of Canada set a $24.00 target price on shares of Reynolds Consumer Products and gave the company a “sector perform” rating in a research note on Thursday, April 9th. Zacks Research raised shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. JPMorgan Chase & Co. decreased their target price on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. UBS Group decreased their target price on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Finally, Weiss Ratings cut shares of Reynolds Consumer Products from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, June 12th.

Hedge Funds Weigh In On Reynolds Consumer Products

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Reynolds Consumer Products by 4.8% in the third quarter. Vanguard Group Inc. now owns 6,197,729 shares of the company’s stock valued at $151,658,000 after buying an additional 284,643 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Reynolds Consumer Products by 14.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,068,602 shares of the company’s stock valued at $107,350,000 after buying an additional 643,573 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Reynolds Consumer Products by 163.3% in the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after buying an additional 3,071,015 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Reynolds Consumer Products by 8.5% in the first quarter. First Trust Advisors LP now owns 2,329,337 shares of the company’s stock valued at $49,335,000 after buying an additional 182,772 shares in the last quarter. Finally, Gotham Asset Management LLC boosted its position in Reynolds Consumer Products by 182.2% during the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock worth $38,133,000 after purchasing an additional 1,006,051 shares during the period. 26.81% of the stock is owned by institutional investors.

Reynolds Consumer Products Price Performance

NASDAQ REYN opened at $23.33 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.79 and a debt-to-equity ratio of 0.68. Reynolds Consumer Products has a 12-month low of $20.44 and a 12-month high of $26.25. The company has a market capitalization of $4.92 billion, a PE ratio of 14.86 and a beta of 0.58. The firm’s 50 day moving average is $21.85 and its 200-day moving average is $22.69.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $877.00 million for the quarter, compared to the consensus estimate of $822.42 million. During the same period last year, the company earned $0.23 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. 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. Equities research analysts anticipate that Reynolds Consumer Products will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.23 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.92 annualized dividend and a dividend yield of 3.9%. Reynolds Consumer Products’s dividend payout ratio (DPR) is currently 58.60%.

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.