Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives Average Rating of "Hold" from Brokerages

Key Points

• Reynolds Consumer Products Inc. has received a consensus recommendation of "Hold" from nine brokerages, with seven analysts rating it as a hold and two as a buy.
• The company's recent quarterly earnings surpassed expectations, reporting $0.39 EPS against an estimated $0.38, along with a revenue of $938 million.
• Reynolds Consumer Products recently announced a quarterly dividend of $0.23 per share, reflecting an annual yield of 3.7%.

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Get Free Report) have earned a consensus recommendation of "Hold" from the nine brokerages that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $26.75.

REYN has been the subject of a number of research reports. Weiss Ratings reiterated a "hold (c-)" rating on shares of Reynolds Consumer Products in a report on Saturday, September 27th. Barclays lifted their target price on Reynolds Consumer Products from $21.00 to $22.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. Finally, UBS Group increased their price target on Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a "neutral" rating in a research report on Thursday, July 31st.

Insider Activity at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Duncan Hawkesby purchased 159,506 shares of the stock in a transaction dated Tuesday, August 26th. The stock was purchased at an average price of $22.99 per share, with a total value of $3,667,042.94. Following the transaction, the director owned 334,092 shares of the company's stock, valued at approximately $7,680,775.08. This trade represents a 91.36% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have bought 231,092 shares of company stock valued at $5,316,902. Insiders own 0.15% of the company's stock.

Hedge Funds Weigh In On Reynolds Consumer Products

A number of large investors have recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its holdings in Reynolds Consumer Products by 40.8% during the second quarter. First Horizon Advisors Inc. now owns 1,601 shares of the company's stock worth $34,000 after buying an additional 464 shares during the period. GAMMA Investing LLC raised its position in shares of 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 acquiring an additional 1,966 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Reynolds Consumer Products by 14,434.8% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 3,343 shares of the company's stock worth $72,000 after acquiring an additional 3,320 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Reynolds Consumer Products by 1,995.7% during the 2nd quarter. Parallel Advisors LLC now owns 3,395 shares of the company's stock worth $73,000 after purchasing an additional 3,233 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its position in Reynolds Consumer Products by 764.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company's stock valued at $79,000 after purchasing an additional 3,242 shares in the last quarter. Institutional investors own 26.81% of the company's stock.

Reynolds Consumer Products Trading Up 0.4%

NASDAQ REYN opened at $24.67 on Monday. The stock has a market cap of $5.19 billion, a PE ratio of 16.56 and a beta of 0.60. Reynolds Consumer Products has a 12 month low of $20.91 and a 12 month high of $30.61. The company's 50-day moving average price is $23.04 and its 200-day moving average price is $22.72. The company has a current ratio of 1.85, a quick ratio of 0.75 and a debt-to-equity ratio of 0.75.

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 (EPS) for the quarter, beating the consensus estimate 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 net margin of 8.44% and a return on equity of 16.00%. The firm's quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the company 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. Equities research analysts forecast that Reynolds Consumer Products will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.7%. The ex-dividend date was Friday, August 15th. Reynolds Consumer Products's dividend payout ratio is presently 61.74%.

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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