Reynolds Consumer Products Inc. (NASDAQ:REYN) Sees Significant Decrease in Short Interest

Reynolds Consumer Products Inc. (NASDAQ:REYN) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 5,587,005 shares, a drop of 22.6% from the February 12th total of 7,216,570 shares. Based on an average daily volume of 856,663 shares, the days-to-cover ratio is presently 6.5 days. Approximately 2.7% of the company’s shares are sold short. Approximately 2.7% of the company’s shares are sold short. Based on an average daily volume of 856,663 shares, the days-to-cover ratio is presently 6.5 days.

Reynolds Consumer Products Stock Performance

Shares of REYN opened at $21.35 on Tuesday. Reynolds Consumer Products has a 12 month low of $20.91 and a 12 month high of $26.25. The business’s fifty day simple moving average is $23.41 and its two-hundred day simple moving average is $23.70. The company has a current ratio of 1.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.70. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 14.83 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the company earned $0.58 EPS. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. Research analysts anticipate that Reynolds Consumer Products will post 1.66 earnings per share for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products’s dividend payout ratio is currently 63.89%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on REYN shares. Zacks Research downgraded shares of Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. Canaccord Genuity Group reduced their target price on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research note on Monday, January 26th. Royal Bank Of Canada decreased their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th. Finally, UBS Group increased their price target on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $25.43.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. lifted its holdings in Reynolds Consumer Products by 9.4% during the third quarter. Blue Trust Inc. now owns 5,355 shares of the company’s stock valued at $131,000 after purchasing an additional 462 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of Reynolds Consumer Products by 1.6% in the second quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock worth $704,000 after purchasing an additional 516 shares in the last quarter. Larson Financial Group LLC raised its position in shares of 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. Police & Firemen s Retirement System of New Jersey raised its position in shares of Reynolds Consumer Products by 2.6% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 20,599 shares of the company’s stock valued at $441,000 after purchasing an additional 523 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Reynolds Consumer Products by 6.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,089 shares of the company’s stock valued at $231,000 after buying an additional 582 shares in the last quarter. Institutional investors own 26.81% of the company’s stock.

About Reynolds Consumer Products

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.