Corient Private Wealth LLC Takes Position in Reynolds Consumer Products Inc. $REYN

Corient Private Wealth LLC bought a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 33,362 shares of the company’s stock, valued at approximately $765,000.

Other institutional investors also recently bought and sold shares of the company. Baird Financial Group Inc. grew its position in shares of Reynolds Consumer Products by 1.6% in the 2nd quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock worth $704,000 after acquiring an additional 516 shares in 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 in the last quarter. Commonwealth Equity Services LLC lifted its stake in Reynolds Consumer Products by 6.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,089 shares of the company’s stock worth $231,000 after purchasing an additional 582 shares during the last quarter. Hunter Perkins Capital Management LLC boosted its position in 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 purchasing an additional 605 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of Reynolds Consumer Products by 42.5% in the fourth quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock valued at $53,000 after purchasing an additional 695 shares during the period. 26.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on REYN. Barclays cut their price objective on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Royal Bank Of Canada set a $24.00 target price on Reynolds Consumer Products and gave the stock a “sector perform” rating in a research report on Thursday, April 9th. UBS Group reduced their target price on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. JPMorgan Chase & Co. dropped their price target on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Finally, Weiss Ratings upgraded Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Seven analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $23.60.

Reynolds Consumer Products Stock Performance

Shares of NASDAQ:REYN opened at $27.18 on Friday. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 17.31 and a beta of 0.54. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.79 and a quick ratio of 0.76. Reynolds Consumer Products Inc. has a fifty-two week low of $20.44 and a fifty-two week high of $27.32. The business’s fifty day moving average price is $22.85 and its two-hundred day moving average price is $22.83.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly 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 return on equity of 16.05% and a net margin of 8.70%.The business had revenue of $877.00 million for the quarter, compared to analysts’ expectations of $822.42 million. During the same quarter last year, the business earned $0.23 earnings per share. The firm’s quarterly 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. As a group, analysts predict that Reynolds Consumer Products Inc. will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued 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 3.4%. Reynolds Consumer Products’s payout ratio is 58.60%.

Reynolds Consumer Products 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.