Royal Bank of Canada Has $1.37 Million Holdings in Reynolds Consumer Products Inc. $REYN

Key Points

• Royal Bank of Canada increased its Reynolds Consumer Products position by 2,894.4% in the first quarter, ending with 64,768 shares valued at approximately $1.37 million. Institutional investors collectively own 26.81% of REYN.
• Reynolds reported quarterly revenue of $944 million and EPS of $0.42, exceeding analyst estimates, while revenue rose 0.6% year over year. The company guided for full-year 2026 EPS of $1.57–$1.63.
• The company declared a quarterly dividend of $0.23, equivalent to $0.92 annually and a 3.5% yield. Analysts remain mostly neutral, with seven Hold ratings, one Buy rating and an average price target of $25.60.

Royal Bank of Canada lifted its position in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 2,894.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 64,768 shares of the company's stock after acquiring an additional 62,605 shares during the quarter. Royal Bank of Canada's holdings in Reynolds Consumer Products were worth $1,372,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in REYN. Larson Financial Group LLC raised its stake in 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 purchasing an additional 522 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Reynolds Consumer Products by 127.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company's stock valued at $32,000 after purchasing an additional 780 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in shares of Reynolds Consumer Products by 4,657.9% in the first quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company's stock worth $38,000 after buying an additional 1,770 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of Reynolds Consumer Products by 119.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company's stock worth $41,000 after buying an additional 978 shares during the period. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Reynolds Consumer Products by 199,400.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,995 shares of the company's stock valued at $46,000 after buying an additional 1,994 shares in the last quarter. Institutional investors and hedge funds own 26.81% of the company's stock.

Reynolds Consumer Products Price Performance

Shares of NASDAQ:REYN opened at $26.08 on Thursday. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 15.90 and a beta of 0.55. Reynolds Consumer Products Inc. has a 1 year low of $20.44 and a 1 year high of $27.32. The company has a current ratio of 1.80, a quick ratio of 0.71 and a debt-to-equity ratio of 0.66. The business has a fifty day simple moving average of $25.71 and a 200 day simple moving average of $23.39.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. Reynolds Consumer Products had a return on equity of 16.03% and a net margin of 9.11%.The firm had revenue of $944.00 million for the quarter, compared to the consensus estimate of $935.46 million. During the same quarter in the previous year, the company posted $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. As a group, sell-side analysts predict 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. Investors of record on Monday, August 17th will be issued a $0.23 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 3.5%. Reynolds Consumer Products's dividend payout ratio is currently 56.10%.

Wall Street Analysts Forecast Growth

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

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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