Reynolds Consumer Products (NASDAQ:REYN) Posts Earnings Results

Key Points

• Reynolds Consumer Products reported earnings of $0.39 per share for the quarter, exceeding expectations of $0.38, with revenues of $938 million, up 0.9% year-over-year.
• The company announced a quarterly dividend of $0.23 per share, equating to an annual yield of 4.1% and a payout ratio of 61.74%.
• Analysts have mixed ratings on REYN's stock, with an average rating of "Hold" and a consensus price target of $27.89, reflecting varying perspectives on the company's growth potential.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01, Zacks reports. 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 16.07%. The business's quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 EPS. Reynolds Consumer Products updated its Q3 2025 guidance to 0.370-0.410 EPS and its FY 2025 guidance to 1.540-1.610 EPS.

Reynolds Consumer Products Price Performance

REYN opened at $22.49 on Friday. Reynolds Consumer Products has a twelve month low of $20.91 and a twelve month high of $32.65. The firm has a market cap of $4.73 billion, a price-to-earnings ratio of 15.09 and a beta of 0.57. The company has a current ratio of 1.80, a quick ratio of 0.72 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $21.76 and a 200 day simple moving average of $23.44.

Reynolds Consumer Products Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Friday, August 15th. Reynolds Consumer Products's dividend payout ratio (DPR) is presently 61.74%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on REYN shares. Royal Bank Of Canada reissued a "sector perform" rating and set a $30.00 price target on shares of Reynolds Consumer Products in a research report on Monday, April 28th. Canaccord Genuity Group reduced their price objective on Reynolds Consumer Products from $27.00 to $26.00 and set a "hold" rating on the stock in a research note on Thursday, May 1st. UBS Group increased their target price on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the stock a "neutral" rating in a research report on Thursday. Truist Financial cut their price target on shares of Reynolds Consumer Products from $35.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Finally, Stifel Nicolaus decreased their price objective on shares of Reynolds Consumer Products from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Thursday, April 10th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $27.89.

Insiders Place Their Bets

In other Reynolds Consumer Products news, CAO Chris Mayrhofer bought 18,218 shares of the stock in a transaction dated Thursday, May 29th. The stock was bought at an average cost of $22.14 per share, for a total transaction of $403,346.52. Following the completion of the purchase, the chief accounting officer directly owned 18,218 shares of the company's stock, valued at approximately $403,346.52. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Rolf Stangl purchased 4,500 shares of the business's stock in a transaction that occurred on Friday, June 20th. The stock was acquired at an average price of $21.24 per share, for a total transaction of $95,580.00. Following the purchase, the director owned 30,889 shares of the company's stock, valued at approximately $656,082.36. This represents a 17.05% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 34,766 shares of company stock worth $765,632 in the last quarter. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Reynolds Consumer Products

Several institutional investors and hedge funds have recently made changes to their positions in REYN. Millennium Management LLC raised its holdings in Reynolds Consumer Products by 11.3% in the first quarter. Millennium Management LLC now owns 592,459 shares of the company's stock valued at $14,136,000 after acquiring an additional 60,198 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Reynolds Consumer Products by 60.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 222,853 shares of the company's stock worth $5,317,000 after purchasing an additional 83,633 shares during the last quarter. Jane Street Group LLC grew its stake in Reynolds Consumer Products by 488.4% in the first quarter. Jane Street Group LLC now owns 125,724 shares of the company's stock worth $3,000,000 after purchasing an additional 104,357 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in Reynolds Consumer Products by 1.9% in the first quarter. Royal Bank of Canada now owns 94,024 shares of the company's stock valued at $2,244,000 after buying an additional 1,720 shares during the last quarter. 26.81% of the stock is currently owned by hedge funds and other institutional investors.

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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