Reynolds Consumer Products (REYN) News Today

Reynolds Consumer Products Inc. (NASDAQ:REYN) announced a quarterly dividend on Thursday, July 25th. Investors of record on Friday, August 16th will be given a dividend of 0.23 per share on Friday, August 30th. This represents a $0.92 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Friday, August 16th.

State Board of Administration of Florida Retirement System decreased its position in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 37.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,250 shares of th

US Bancorp DE cut its holdings in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 61.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,845 shares of the company's stock after selling 29,025 sh

Acadian Asset Management LLC grew its position in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 994.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 212,694 shares of the company's stock

Barclays reduced their price target on shares of Reynolds Consumer Products from $29.00 to $28.00 and set an "equal weight" rating for the company in a research report on Friday.

Reynolds Consumer Products Inc. (NASDAQ:REYN - Get Free Report) has been given an average recommendation of "Hold" by the six analysts that are currently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation. The average 1 year price ta

Olstein Capital Management L.P. lowered its stake in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 11.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 299,000 shares of the company's

Reynolds Consumer Products Inc. (NASDAQ:REYN - Get Free Report) has received an average rating of "Hold" from the six brokerages that are presently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating. The average 1-year price target among brokers

First Trust Advisors LP trimmed its stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 4.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,510,386 shares of the company's stock after selling 104,877 shares

Campbell & CO Investment Adviser LLC acquired a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 42,650 shares of the company's stock, val

Dimensional Fund Advisors LP increased its position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 23.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,157,528 shares of the company's stock

Charles Schwab Investment Management Inc. raised its position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 10.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 536,320 shares of the

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Get Free Report) have earned a consensus recommendation of "Hold" from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating. The average twelve-mo

Quest Partners LLC acquired a new position in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 34,025 shares of the company's stock, valued at approximately $913,000. Se

Dynamic Technology Lab Private Ltd lifted its holdings in Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) by 264.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,

Jump Financial LLC purchased a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 36,810 shares of the company's stock

Reynolds Consumer Products (NASDAQ:REYN) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.620-1.700 for the period, compared to the consensus estimate of 1.620. The company also issued revenue guidance of $3.5 billionillion-$3.6 billionillion, compared to the consensus estimate of $3.6 billionillion.

Barclays raised their price target on shares of Reynolds Consumer Products from $28.00 to $29.00 and gave the company an "equal weight" rating in a research note on Friday.

Reynolds Consumer Products (NASDAQ:REYN - Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01. The company had revenue of $833.00 million during the quarter, compared to analysts' expectations of $814.92 million. Reynolds Consumer Products had a return on equity of 15.77% and a net margin of 7.98%. The company's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.08 earnings per share.

Reynolds Consumer Products (NASDAQ:REYN) updated its FY24 earnings guidance. The company provided EPS guidance of $1.62-1.70 for the period, compared to the consensus estimate of $1.62. The company also issued revenue guidance of $3.53-3.64 billionillion, compared to the consensus estimate of $3.60 billionillion.

Reynolds Consumer Products (NASDAQ:REYN) will be releasing earnings before the market opens on Wednesday, May 8, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=319408)

Reynolds Consumer Products Inc. (NASDAQ:REYN) declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Friday, May 17th will be paid a dividend of 0.23 per share on Friday, May 31st. This represents a $0.92 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date is Thursday, May 16th.