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

Key Points

• Landscape Capital Management L.L.C. increased its stake in Reynolds Consumer Products by 145.7%, acquiring a total of 111,601 shares worth approximately $2.66 million.
• Company insiders have also been active, with Director Rolf Stangl purchasing 4,500 shares and Director Duncan Hawkesby acquiring 159,506 shares, showcasing a strong confidence in the company's prospects.
• Analysts have mixed views on Reynolds Consumer Products, with target price adjustments and a consensus rating of "Hold," reflecting uncertainty about the stock's future performance.

Landscape Capital Management L.L.C. boosted its position in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 145.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 111,601 shares of the company's stock after purchasing an additional 66,181 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.05% of Reynolds Consumer Products worth $2,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of Reynolds Consumer Products during the fourth quarter valued at $528,000. Dimensional Fund Advisors LP raised its position in Reynolds Consumer Products by 13.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,356,040 shares of the company's stock valued at $63,586,000 after purchasing an additional 275,601 shares in the last quarter. MML Investors Services LLC grew its position in shares of Reynolds Consumer Products by 10.3% during the 4th quarter. MML Investors Services LLC now owns 53,736 shares of the company's stock worth $1,450,000 after buying an additional 5,036 shares in the last quarter. Stifel Financial Corp grew its holdings in Reynolds Consumer Products by 65.0% during the 4th quarter. Stifel Financial Corp now owns 153,845 shares of the company's stock worth $4,152,000 after acquiring an additional 60,616 shares in the last quarter. Finally, Susquehanna International Group LLP increased its position in Reynolds Consumer Products by 246.4% during the 4th quarter. Susquehanna International Group LLP now owns 155,355 shares of the company's stock valued at $4,193,000 after purchasing an additional 110,503 shares during the period. Institutional investors own 26.81% of the company's stock.

Reynolds Consumer Products Stock Performance

Shares of REYN traded up $0.09 during trading hours on Wednesday, reaching $23.34. 423,538 shares of the company traded hands, compared to its average volume of 948,772. The company has a quick ratio of 0.75, a current ratio of 1.85 and a debt-to-equity ratio of 0.75. The business has a fifty day moving average price of $22.28 and a 200-day moving average price of $22.83. Reynolds Consumer Products Inc. has a 12-month low of $20.91 and a 12-month high of $32.65. The stock has a market capitalization of $4.91 billion, a P/E ratio of 15.66 and a beta of 0.61.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.01. The company had revenue of $938.00 million during the quarter, compared to analysts' expectations of $899.05 million. Reynolds Consumer Products had a return on equity of 16.00% and a net margin of 8.44%.The firm's revenue was up .9% compared to the same quarter last year. During the same quarter in the previous 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. Equities analysts anticipate that Reynolds Consumer Products Inc. will post 1.66 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, August 15th. Reynolds Consumer Products's dividend payout ratio (DPR) is 61.74%.

Insider Activity at Reynolds Consumer Products

In other news, Director Rolf Stangl acquired 4,500 shares of the business's stock in a transaction that occurred on Friday, June 20th. The stock was purchased at an average cost of $21.24 per share, for a total transaction of $95,580.00. Following the completion of the transaction, the director owned 30,889 shares in the company, valued at approximately $656,082.36. This trade represents a 17.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Duncan Hawkesby purchased 159,506 shares of the company's stock in a transaction dated Tuesday, August 26th. The stock was purchased at an average cost of $22.99 per share, with a total value of $3,667,042.94. Following the purchase, the director owned 334,092 shares in the company, valued at approximately $7,680,775.08. This trade represents a 91.36% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 240,092 shares of company stock worth $5,510,132. Insiders own 0.15% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on REYN shares. Barclays increased their price objective on shares of Reynolds Consumer Products from $21.00 to $22.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Wall Street Zen upgraded Reynolds Consumer Products from a "sell" rating to a "hold" rating in a research note on Friday, May 30th. Finally, UBS Group increased their price target on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $26.75.

Reynolds Consumer Products Profile

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.