Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives $28.00 Consensus PT from Analysts

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have received a consensus rating of “Hold” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $28.00.

Several research analysts recently commented on REYN shares. UBS Group lifted their target price on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Canaccord Genuity Group dropped their price objective on shares of Reynolds Consumer Products from $27.00 to $26.00 and set a “hold” rating on the stock in a report on Thursday, May 1st. Royal Bank Of Canada restated a “sector perform” rating and set a $30.00 price objective on shares of Reynolds Consumer Products in a report on Monday, April 28th. Barclays boosted their price objective on shares of Reynolds Consumer Products from $21.00 to $22.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Reynolds Consumer Products from a “sell” rating to a “hold” rating in a report on Friday, May 30th.

Reynolds Consumer Products Stock Performance

Shares of REYN opened at $23.08 on Friday. The company has a market capitalization of $4.85 billion, a PE ratio of 15.49 and a beta of 0.58. Reynolds Consumer Products has a one year low of $20.91 and a one year high of $32.65. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.85 and a quick ratio of 0.75. The company’s fifty day moving average price is $21.98 and its 200 day moving average price is $22.96.

Reynolds Consumer Products (NASDAQ:REYN) last announced its earnings results on Wednesday, July 30th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The firm had revenue of $938.00 million for the quarter, compared to the consensus estimate of $899.05 million. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 EPS. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. As a group, analysts expect that Reynolds Consumer Products will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.23 per share. The ex-dividend date is Friday, August 15th. This represents a $0.92 annualized dividend and a dividend yield of 4.0%. Reynolds Consumer Products’s payout ratio is presently 61.74%.

Insider Activity

In related news, CAO Chris Mayrhofer acquired 18,218 shares of the company’s stock in a transaction dated Thursday, May 29th. The shares were bought at an average price of $22.14 per share, for a total transaction of $403,346.52. Following the acquisition, the chief accounting officer owned 18,218 shares in the company, valued at $403,346.52. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Rolf Stangl acquired 4,500 shares of the company’s stock in a transaction dated Friday, June 20th. The shares were bought at an average price of $21.24 per share, for a total transaction of $95,580.00. Following the acquisition, the director owned 30,889 shares in the company, valued at approximately $656,082.36. This trade represents a 17.05% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 32,266 shares of company stock worth $707,582. Insiders own 0.15% of the company’s stock.

Institutional Trading of Reynolds Consumer Products

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. increased its stake in Reynolds Consumer Products by 40.8% in the second quarter. First Horizon Advisors Inc. now owns 1,601 shares of the company’s stock valued at $34,000 after acquiring an additional 464 shares during the period. GAMMA Investing LLC increased its stake in Reynolds Consumer Products by 231.8% in the second quarter. GAMMA Investing LLC now owns 2,814 shares of the company’s stock valued at $60,000 after acquiring an additional 1,966 shares during the period. Versant Capital Management Inc increased its stake in Reynolds Consumer Products by 38.1% in the first quarter. Versant Capital Management Inc now owns 2,543 shares of the company’s stock valued at $61,000 after acquiring an additional 701 shares during the period. Quarry LP increased its stake in Reynolds Consumer Products by 187.0% in the fourth quarter. Quarry LP now owns 2,531 shares of the company’s stock valued at $68,000 after acquiring an additional 1,649 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its stake in Reynolds Consumer Products by 14,434.8% in the second quarter. Caitong International Asset Management Co. Ltd now owns 3,343 shares of the company’s stock valued at $72,000 after acquiring an additional 3,320 shares during the period. Institutional investors own 26.81% of the company’s stock.

About Reynolds Consumer Products

Reynolds Consumer Products Inc produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally.