Vanguard Personalized Indexing Management LLC Buys 15,673 Shares of Reynolds Consumer Products Inc. $REYN

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Reynolds Consumer Products by 146.8%, acquiring 15,673 shares during the second quarter, bringing its total holdings to 26,350 shares worth approximately $564,000.
• Reynolds Consumer Products reported earnings of $0.39 per share, exceeding analysts' expectations of $0.38, with a net margin of 8.44% and revenue of $938 million for the quarter.
• The company declared a quarterly dividend of $0.23 per share, reflecting an annualized yield of 3.9%, with a dividend payout ratio of 61.74%.

Vanguard Personalized Indexing Management LLC grew its stake in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 146.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,350 shares of the company's stock after purchasing an additional 15,673 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Reynolds Consumer Products were worth $564,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in Reynolds Consumer Products by 231.8% in the 2nd quarter. GAMMA Investing LLC now owns 2,814 shares of the company's stock worth $60,000 after purchasing an additional 1,966 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Reynolds Consumer Products by 1,995.7% in the 2nd quarter. Parallel Advisors LLC now owns 3,395 shares of the company's stock worth $73,000 after acquiring an additional 3,233 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Reynolds Consumer Products by 1,154.6% in the 2nd quarter. Blue Trust Inc. now owns 4,893 shares of the company's stock worth $105,000 after acquiring an additional 4,503 shares in the last quarter. Signaturefd LLC increased its stake in shares of Reynolds Consumer Products by 492.1% in the 2nd quarter. Signaturefd LLC now owns 4,997 shares of the company's stock worth $107,000 after acquiring an additional 4,153 shares in the last quarter. Finally, Covestor Ltd increased its stake in shares of Reynolds Consumer Products by 12.3% in the 1st quarter. Covestor Ltd now owns 4,670 shares of the company's stock worth $111,000 after acquiring an additional 513 shares in the last quarter. 26.81% of the stock is currently owned by institutional investors.

Reynolds Consumer Products Stock Down 0.5%

NASDAQ:REYN opened at $23.60 on Wednesday. The firm has a market cap of $4.96 billion, a P/E ratio of 15.84 and a beta of 0.60. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.75 and a current ratio of 1.85. Reynolds Consumer Products Inc. has a fifty-two week low of $20.91 and a fifty-two week high of $30.18. The firm has a 50-day simple moving average of $23.42 and a two-hundred day simple moving average of $22.73.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. The business had revenue of $938.00 million during the quarter, compared to analyst estimates of $899.05 million. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. Reynolds Consumer Products's revenue was up .9% compared to the same quarter last year. During the same period last year, the business earned $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. Analysts predict that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Reynolds Consumer Products in a research note on Wednesday, October 8th. Barclays increased their price target on shares of Reynolds Consumer Products from $21.00 to $22.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Finally, UBS Group reiterated a "neutral" rating and issued a $25.00 price target on shares of Reynolds Consumer Products in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $26.75.

Insider Activity

In related news, Director Duncan Hawkesby purchased 159,506 shares of the company's stock in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of $22.99 per share, with a total value of $3,667,042.94. Following the acquisition, the director directly owned 334,092 shares in the company, valued at $7,680,775.08. The trade was a 91.36% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders have bought 231,092 shares of company stock worth $5,316,902. Company insiders own 0.15% of the company's stock.

About Reynolds Consumer Products

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.

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