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

Reynolds Consumer Products Inc. (NASDAQ:REYN) has earned a consensus rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $25.60.

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

Reynolds Consumer Products Price Performance

Shares of Reynolds Consumer Products stock opened at $26.52 on Friday. The stock has a market cap of $5.59 billion, a price-to-earnings ratio of 16.17 and a beta of 0.55. 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 stock has a 50 day moving average price of $25.09 and a 200-day moving average price of $23.25. Reynolds Consumer Products has a one year low of $20.44 and a one year high of $27.32.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings results 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 company had revenue of $944.00 million for 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 quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.39 EPS. 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. Equities analysts expect that Reynolds Consumer Products will post 1.59 EPS 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. Stockholders of record on Monday, August 17th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.5%. Reynolds Consumer Products’s dividend payout ratio is currently 56.10%.

Institutional Investors Weigh In On Reynolds Consumer Products

A number of institutional investors and hedge funds have recently modified their holdings of REYN. BlackRock Inc. purchased a new position in Reynolds Consumer Products during the 2nd quarter valued at $190,109,000. Dimensional Fund Advisors LP grew its position in Reynolds Consumer Products by 14.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,068,602 shares of the company’s stock valued at $107,350,000 after acquiring an additional 643,573 shares during the last quarter. AQR Capital Management LLC increased its stake in 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 worth $121,156,000 after purchasing an additional 3,071,015 shares during the period. First Trust Advisors LP increased its stake in 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 worth $49,335,000 after purchasing an additional 182,772 shares during the period. Finally, Jane Street Group LLC lifted its position in shares of Reynolds Consumer Products by 858.3% during the second quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock worth $25,808,000 after purchasing an additional 1,079,116 shares during the last quarter. 26.81% of the stock is owned by institutional investors.

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.