Reynolds Consumer Products Inc. $REYN Shares Sold by Amundi

Key Points

• Amundi cut its Reynolds Consumer Products stake by 69% in the second quarter, selling 71,473 shares and retaining 32,121 shares valued at approximately $862,000. Institutional investors and hedge funds collectively own 26.81% of the company.
• Reynolds reported quarterly earnings of $0.42 per share, beating estimates of $0.40, while revenue reached $944 million, up 0.6% year over year. The company guided for third-quarter 2026 EPS of $0.37–$0.39 and full-year EPS of $1.57–$1.63.
• The company pays a quarterly dividend of $0.23 per share, equivalent to a 4.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $25.60, versus a share price of $21.94 in the report.

Amundi decreased its stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 69.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,121 shares of the company's stock after selling 71,473 shares during the quarter. Amundi's holdings in Reynolds Consumer Products were worth $862,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Larson Financial Group LLC raised its position in shares of Reynolds Consumer Products by 70.4% during the 4th quarter. Larson Financial Group LLC now owns 1,264 shares of the company's stock valued at $29,000 after buying an additional 522 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Reynolds Consumer Products during the 2nd quarter worth about $31,000. Global Retirement Partners LLC acquired a new stake in shares of Reynolds Consumer Products during the 2nd quarter worth about $34,000. SJS Investment Consulting Inc. raised its holdings in Reynolds Consumer Products by 4,657.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company's stock valued at $38,000 after buying an additional 1,770 shares during the period. Finally, Allworth Financial LP purchased a new position in Reynolds Consumer Products during the second quarter worth about $39,000. 26.81% of the stock is owned by institutional investors and hedge funds.

Reynolds Consumer Products Stock Performance

Shares of Reynolds Consumer Products stock opened at $21.94 on Wednesday. Reynolds Consumer Products Inc. has a one year low of $20.44 and a one year high of $27.32. The company has a market cap of $4.62 billion, a PE ratio of 13.38 and a beta of 0.54. 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 business has a 50-day simple moving average of $24.87 and a 200-day simple moving average of $23.32.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share 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 firm had revenue of $944.00 million for the quarter, compared to analyst estimates of $935.46 million. During the same period in the prior year, the firm earned $0.39 earnings per share. The business's quarterly 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. On average, equities research analysts forecast that Reynolds Consumer Products Inc. will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, August 17th. Reynolds Consumer Products's payout ratio is currently 56.10%.

Analysts Set New Price Targets

A number of brokerages have weighed in on REYN. JPMorgan Chase & Co. lifted 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. Piper Sandler upgraded shares of Reynolds Consumer Products to an "overweight" rating in a report on Thursday, July 30th. Canaccord Genuity Group increased their price objective on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the stock a "hold" rating in a research report on Thursday, July 30th. Barclays lifted their target price on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. Finally, UBS Group increased their target price on Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a "neutral" rating in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $25.60.

Reynolds Consumer Products Profile

Reynolds Consumer Products Inc NASDAQ: REYN develops, manufactures and markets household products used for food preparation, storage, serving and waste management. The company sells branded and private-label products primarily through grocery stores, mass merchants, warehouse clubs, online retailers and other distribution channels.

Its portfolio includes Reynolds Kitchens aluminum foil, parchment paper, oven bags, wax paper, plastic wrap and disposable bakeware; Hefty trash bags, food-storage bags and disposable tableware; and Diamond kitchen and food-preparation products.

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