Reynolds Consumer Products Inc. $REYN Shares Sold by First Trust Advisors LP

Key Points

• First Trust Advisors LP trimmed its stake in Reynolds Consumer Products by 5.3% in Q3, selling 133,704 shares and leaving it with 2,387,981 shares (~1.14%) valued at $58.43 million.
• Other institutional investors materially increased positions—Jane Street (+858.3% to 1,204,840 shares), AQR (+107.3% to 1,880,175), Clifford Capital (+4,507.2% to 707,853), and Dimensional (+12.2% to 3,775,909)—with institutions owning about 26.81% of REYN.
• Reynolds reported Q EPS of $0.59 (missed by $0.01) on $1.03B revenue, set FY2026 guidance of 1.570–1.630 EPS, and pays a quarterly dividend of $0.23 (4.2% yield, ~63.9% payout ratio).

First Trust Advisors LP lessened its position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 5.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,387,981 shares of the company's stock after selling 133,704 shares during the period. First Trust Advisors LP owned about 1.14% of Reynolds Consumer Products worth $58,434,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in REYN. Jane Street Group LLC lifted its holdings in Reynolds Consumer Products by 858.3% in the second quarter. Jane Street Group LLC now owns 1,204,840 shares of the company's stock worth $25,808,000 after acquiring an additional 1,079,116 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Reynolds Consumer Products by 107.3% during the second quarter. AQR Capital Management LLC now owns 1,880,175 shares of the company's stock valued at $40,142,000 after purchasing an additional 973,374 shares during the last quarter. Clifford Capital Partners LLC grew its holdings in shares of Reynolds Consumer Products by 4,507.2% during the second quarter. Clifford Capital Partners LLC now owns 707,853 shares of the company's stock valued at $15,162,000 after purchasing an additional 692,489 shares during the last quarter. Norges Bank acquired a new stake in shares of Reynolds Consumer Products during the 2nd quarter worth approximately $14,256,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Reynolds Consumer Products by 12.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,775,909 shares of the company's stock worth $92,386,000 after purchasing an additional 409,702 shares during the period. Institutional investors and hedge funds own 26.81% of the company's stock.

Analyst Upgrades and Downgrades

REYN has been the subject of a number of analyst reports. Royal Bank Of Canada reduced their price objective on Reynolds Consumer Products from $28.00 to $25.00 and set a "sector perform" rating for the company in a research report on Thursday, February 5th. Canaccord Genuity Group dropped their target price on Reynolds Consumer Products from $27.00 to $24.00 and set a "hold" rating on the stock in a research report on Monday, January 26th. UBS Group raised their target price on Reynolds Consumer Products from $25.00 to $26.00 and gave the company a "neutral" rating in a research note on Thursday, February 5th. Weiss Ratings reissued a "hold (c)" rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Finally, Zacks Research cut shares of Reynolds Consumer Products from a "hold" rating to a "strong sell" rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $25.43.

Reynolds Consumer Products Stock Performance

Reynolds Consumer Products stock opened at $21.79 on Wednesday. Reynolds Consumer Products Inc. has a fifty-two week low of $20.91 and a fifty-two week high of $26.25. The firm's 50 day simple moving average is $23.52 and its 200-day simple moving average is $23.74. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.93 and a quick ratio of 0.92. The company has a market cap of $4.58 billion, a P/E ratio of 15.13 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The firm had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $1.01 billion. During the same quarter last year, the company posted $0.58 EPS. The firm's revenue was up 3.4% compared to the same quarter last year. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. As a group, equities research analysts predict that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.

Reynolds Consumer Products Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products's dividend payout ratio (DPR) is 63.89%.

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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