Landscape Capital Management L.L.C. Makes New $2.50 Million Investment in Reynolds Consumer Products Inc. $REYN

Landscape Capital Management L.L.C. acquired a new position in Reynolds Consumer Products Inc. (NASDAQ:REYN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 92,989 shares of the company’s stock, valued at approximately $2,497,000.

A number of other institutional investors also recently made changes to their positions in the business. EP Wealth Advisors LLC bought a new position in shares of Reynolds Consumer Products during the 2nd quarter valued at $392,000. Ieq Capital LLC purchased a new position in Reynolds Consumer Products in the 2nd quarter worth $214,000. Allworth Financial LP bought a new stake in Reynolds Consumer Products in the second quarter worth $39,000. West Family Investments Inc. bought a new stake in Reynolds Consumer Products in the second quarter worth $245,000. Finally, BlackRock Inc. bought a new stake in Reynolds Consumer Products in the second quarter worth $190,109,000. Hedge funds and other institutional investors own 26.81% of the company’s stock.

Analysts Set New Price Targets

REYN has been the topic of a number of recent research reports. Barclays raised their price objective on 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. Canaccord Genuity Group boosted their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. increased their target price on Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. Piper Sandler upgraded Reynolds Consumer Products to an “overweight” rating in a research report on Thursday, July 30th. Finally, UBS Group lifted their price target on Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $25.60.

Reynolds Consumer Products Trading Down 0.1%

NASDAQ:REYN opened at $25.47 on Friday. The firm has a market capitalization of $5.37 billion, a P/E ratio of 15.53 and a beta of 0.55. 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 fifty day moving average of $25.79 and a 200 day moving average of $23.42. Reynolds Consumer Products Inc. has a 52 week low of $20.44 and a 52 week high of $27.32.

Reynolds Consumer Products (NASDAQ:REYN) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) 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 business had revenue of $944.00 million for the quarter, compared to analyst estimates of $935.46 million. During the same quarter last year, the firm earned $0.39 EPS. The company’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. On average, research analysts predict that Reynolds Consumer Products Inc. 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 annualized dividend and a dividend yield of 3.6%. Reynolds Consumer Products’s dividend payout ratio (DPR) is presently 56.10%.

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.