Landscape Capital Management L.L.C. Takes Position in Reynolds Consumer Products Inc. $REYN

Key Points

• Landscape Capital Management acquired 92,989 shares of Reynolds Consumer Products, valued at approximately $2.5 million. Several other institutional investors also initiated or increased positions, with institutions collectively owning 26.81% of the company.
• Analyst sentiment remains cautious: one analyst rates REYN a Buy and seven rate it Hold, resulting in a consensus Hold rating and an average price target of $25.60.
• Reynolds exceeded quarterly expectations with EPS of $0.42 versus a $0.40 estimate and revenue of $944 million. The company also declared a quarterly dividend of $0.23 per share, representing a 3.6% annualized yield.

Landscape Capital Management L.L.C. acquired a new stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) during the second quarter, according to its most recent filing with the SEC. The fund acquired 92,989 shares of the company's stock, valued at approximately $2,497,000.

A number of other institutional investors have also added to or reduced their stakes in REYN. Amundi bought a new position in shares of Reynolds Consumer Products in the first quarter valued at approximately $2,194,000. Jackson Creek Investment Advisors LLC bought a new stake in Reynolds Consumer Products during the 4th quarter worth approximately $1,730,000. KBC Group NV increased its holdings in Reynolds Consumer Products by 3,934.6% during the 1st quarter. KBC Group NV now owns 126,807 shares of the company's stock worth $2,686,000 after acquiring an additional 123,664 shares during the period. Cypress Capital Group purchased a new stake in Reynolds Consumer Products in the 1st quarter worth approximately $1,703,000. Finally, Bleakley Financial Group LLC lifted its stake in Reynolds Consumer Products by 98.6% in the 1st quarter. Bleakley Financial Group LLC now owns 131,327 shares of the company's stock worth $2,782,000 after purchasing an additional 65,207 shares in the last quarter. Hedge funds and other institutional investors own 26.81% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on REYN shares. UBS Group boosted 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 report on Thursday, July 16th. Barclays increased their price objective 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 raised Reynolds Consumer Products from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday, June 29th. Piper Sandler upgraded Reynolds Consumer Products to an "overweight" rating in a research report on Thursday, July 30th. Finally, Canaccord Genuity Group upped their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a "hold" rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $25.60.

Reynolds Consumer Products Stock Performance

Reynolds Consumer Products stock opened at $25.47 on Friday. Reynolds Consumer Products Inc. has a fifty-two week low of $20.44 and a fifty-two week high of $27.32. 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 market cap of $5.37 billion, a P/E ratio of 15.53 and a beta of 0.55. The firm's fifty day moving average price is $25.79 and its 200-day moving average price is $23.42.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. The company had revenue of $944.00 million during the quarter, compared to analyst estimates of $935.46 million. Reynolds Consumer Products had a net margin of 9.11% and a return on equity of 16.03%. The firm's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the business 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. On average, equities research analysts expect that Reynolds Consumer Products Inc. will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, August 17th. Reynolds Consumer Products's dividend payout ratio is presently 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.

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