Reynolds Consumer Products Inc. $REYN Holdings Lowered by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC has reduced its stake in Reynolds Consumer Products by 32.2% in the first quarter, now holding approximately $21.64 million in stock.
• Analysts have increased their price targets for the stock, with Barclays raising it from $21.00 to $22.00 and UBS from $23.00 to $25.00, while maintaining a consensus "Hold" rating.
• The company recently reported quarterly earnings, with an EPS of $0.39, exceeding estimates, and announced a Q3 2025 guidance of 0.370-0.410 EPS.

AQR Capital Management LLC lessened its holdings in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 32.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 906,801 shares of the company's stock after selling 431,217 shares during the period. AQR Capital Management LLC owned about 0.43% of Reynolds Consumer Products worth $21,636,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Versant Capital Management Inc raised its stake in shares of Reynolds Consumer Products by 38.1% in the 1st 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. Covestor Ltd raised its stake in shares of Reynolds Consumer Products by 12.3% in the 1st quarter. Covestor Ltd now owns 4,670 shares of the company's stock valued at $111,000 after acquiring an additional 513 shares during the period. Deutsche Bank AG raised its stake in shares of Reynolds Consumer Products by 35.8% in the 4th quarter. Deutsche Bank AG now owns 7,247 shares of the company's stock valued at $196,000 after acquiring an additional 1,910 shares during the period. OMERS ADMINISTRATION Corp purchased a new stake in Reynolds Consumer Products during the 4th quarter worth $211,000. Finally, XTX Topco Ltd purchased a new stake in Reynolds Consumer Products during the 1st quarter worth $248,000. Hedge funds and other institutional investors own 26.81% of the company's stock.

Insider Activity

In related news, Director Rolf Stangl purchased 4,500 shares of the company's stock in a transaction on Friday, June 20th. The shares were bought at an average cost of $21.24 per share, for a total transaction of $95,580.00. Following the transaction, the director owned 30,889 shares of the company's stock, valued at $656,082.36. This represents a 17.05% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Duncan Hawkesby purchased 159,506 shares of the company's stock in a transaction on Tuesday, August 26th. The shares were bought at an average price of $22.99 per share, for a total transaction of $3,667,042.94. Following the completion of the transaction, the director directly owned 334,092 shares in the company, valued at $7,680,775.08. This represents a 91.36% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 235,592 shares of company stock worth $5,412,482. 0.15% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. UBS Group lifted their price target on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Wall Street Zen raised shares of Reynolds Consumer Products from a "sell" rating to a "hold" rating in a research note on Friday, May 30th. Finally, Barclays raised 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. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $26.75.

Reynolds Consumer Products Stock Performance

Shares of NASDAQ REYN traded down $0.22 during midday trading on Friday, hitting $23.12. The company's stock had a trading volume of 463,355 shares, compared to its average volume of 950,343. Reynolds Consumer Products Inc. has a 1-year low of $20.91 and a 1-year high of $32.21. The firm's fifty day moving average price is $22.52 and its 200-day moving average price is $22.80. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.75 and a current ratio of 1.85. The firm has a market cap of $4.86 billion, a P/E ratio of 15.54 and a beta of 0.61.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.39 earnings per share for the quarter, beating 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%. Reynolds Consumer Products's quarterly revenue was up .9% compared to the same quarter last year. During the same period 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. On average, sell-side analysts forecast that Reynolds Consumer Products Inc. will post 1.66 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were given a $0.23 dividend. The ex-dividend date was Friday, August 15th. This represents a $0.92 annualized dividend and a yield of 4.0%. Reynolds Consumer Products's dividend payout ratio (DPR) is currently 61.74%.

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.