Analysts Set Reynolds Consumer Products Inc. (NASDAQ:REYN) Price Target at $25.60

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have received an average recommendation of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $25.60.

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

Hedge Funds Weigh In On Reynolds Consumer Products

Institutional investors have recently bought and sold shares of the stock. Corient Private Wealth LP lifted its stake in shares of Reynolds Consumer Products by 34.7% in the 2nd quarter. Corient Private Wealth LP now owns 287,368 shares of the company’s stock valued at $7,716,000 after purchasing an additional 73,982 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Reynolds Consumer Products in the 2nd quarter worth approximately $285,000. California State Teachers Retirement System boosted its holdings in Reynolds Consumer Products by 1,877.6% in the second quarter. California State Teachers Retirement System now owns 1,642,415 shares of the company’s stock worth $44,099,000 after acquiring an additional 1,559,366 shares in the last quarter. HB Wealth Management LLC grew its position in Reynolds Consumer Products by 53.6% during the 2nd quarter. HB Wealth Management LLC now owns 20,891 shares of the company’s stock valued at $561,000 after purchasing an additional 7,291 shares during the last quarter. Finally, Syon Capital LLC purchased a new stake in shares of Reynolds Consumer Products during the second quarter valued at approximately $260,000. 26.81% of the stock is owned by institutional investors.

Reynolds Consumer Products Stock Performance

Shares of REYN stock opened at $24.05 on Thursday. 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 market cap of $5.07 billion, a price-to-earnings ratio of 14.66 and a beta of 0.55. The firm’s 50-day simple moving average is $25.88 and its two-hundred day simple moving average is $23.48. Reynolds Consumer Products 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 data on Wednesday, July 29th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.02. The business had revenue of $944.00 million during the quarter, compared to analyst estimates of $935.46 million. Reynolds Consumer Products had a return on equity of 16.03% and a net margin of 9.11%.Reynolds Consumer Products’s revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 earnings per share. 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. As a group, equities analysts forecast that Reynolds Consumer Products will post 1.59 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Monday, August 17th. Reynolds Consumer Products’s dividend payout ratio (DPR) is currently 56.10%.

About Reynolds Consumer Products

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.