Amundi Invests $2.19 Million in Reynolds Consumer Products Inc. $REYN

Key Points

• Amundi initiated a $2.19 million position in Reynolds Consumer Products during the first quarter, purchasing 103,594 shares. Institutional investors collectively own 26.81% of the company.
• Reynolds exceeded quarterly expectations, reporting $0.42 EPS versus the $0.40 consensus and $944 million in revenue, up 0.6% year over year. The company guided for fiscal 2026 EPS of $1.57–$1.63.
• The company declared a quarterly dividend of $0.23 per share, equivalent to a $0.92 annualized payout and a 3.5% yield. Analysts maintain a consensus “Hold” rating with an average price target of $25.60.

Amundi bought a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 103,594 shares of the company's stock, valued at approximately $2,194,000.

Several other hedge funds have also recently bought and sold shares of REYN. Larson Financial Group LLC raised its stake in shares of Reynolds Consumer Products by 70.4% in 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 during the period. Farther Finance Advisors LLC boosted its position in Reynolds Consumer Products by 127.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company's stock worth $32,000 after purchasing an additional 780 shares during the period. SJS Investment Consulting Inc. boosted its position in Reynolds Consumer Products by 4,657.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company's stock worth $38,000 after purchasing an additional 1,770 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Reynolds Consumer Products by 119.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company's stock valued at $41,000 after purchasing an additional 978 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Reynolds Consumer Products by 199,400.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,995 shares of the company's stock valued at $46,000 after purchasing an additional 1,994 shares in the last quarter. Hedge funds and other institutional investors own 26.81% of the company's stock.

Reynolds Consumer Products Price Performance

REYN stock opened at $26.29 on Friday. The company has a quick ratio of 0.71, a current ratio of 1.80 and a debt-to-equity ratio of 0.66. Reynolds Consumer Products Inc. has a 52-week low of $20.44 and a 52-week high of $27.32. The stock's 50 day moving average is $24.99 and its two-hundred day moving average is $23.23. The company has a market capitalization of $5.54 billion, a PE ratio of 16.03 and a beta of 0.55.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last issued 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 during the quarter, compared to analyst estimates of $935.46 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The business's revenue was up .6% compared to the same quarter last year. 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. Analysts predict that Reynolds Consumer Products Inc. will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.92 annualized dividend and a dividend yield of 3.5%. Reynolds Consumer Products's payout ratio is presently 56.10%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on REYN shares. Piper Sandler raised Reynolds Consumer Products to an "overweight" rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. raised 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. Barclays boosted their price target on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded Reynolds Consumer Products from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, June 29th. Finally, UBS Group increased 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. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $25.60.

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.

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