Reynolds Consumer Products Inc. (NASDAQ:REYN – Get Free Report) Director Rolf Stangl acquired 4,705 shares of Reynolds Consumer Products stock in a transaction on Wednesday, March 18th. The stock was purchased at an average cost of $21.06 per share, with a total value of $99,087.30. Following the purchase, the director directly owned 39,537 shares of the company’s stock, valued at approximately $832,649.22. This trade represents a 13.51% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
Reynolds Consumer Products Stock Down 0.4%
Shares of NASDAQ REYN traded down $0.08 during midday trading on Thursday, hitting $20.87. 1,010,337 shares of the stock traded hands, compared to its average volume of 1,039,450. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93. Reynolds Consumer Products Inc. has a one year low of $20.69 and a one year high of $26.25. The business has a 50 day moving average price of $23.33 and a two-hundred day moving average price of $23.67. The company has a market cap of $4.39 billion, a PE ratio of 14.49 and a beta of 0.57.
Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.58 EPS. 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. On average, equities analysts predict that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.
Reynolds Consumer Products Announces Dividend
Institutional Investors Weigh In On Reynolds Consumer Products
A number of institutional investors have recently added to or reduced their stakes in REYN. Fieldview Capital Management LLC bought a new position in shares of Reynolds Consumer Products in the third quarter valued at approximately $1,436,000. CWM LLC lifted its holdings in Reynolds Consumer Products by 350.7% during the third quarter. CWM LLC now owns 122,763 shares of the company’s stock worth $3,004,000 after acquiring an additional 95,524 shares during the period. Bleakley Financial Group LLC purchased a new position in Reynolds Consumer Products in the third quarter worth $1,246,000. Clifford Capital Partners LLC boosted its position in Reynolds Consumer Products by 4,507.2% in the second quarter. Clifford Capital Partners LLC now owns 707,853 shares of the company’s stock worth $15,162,000 after purchasing an additional 692,489 shares during the last quarter. Finally, Edgestream Partners L.P. grew its stake in Reynolds Consumer Products by 350.0% in the 2nd quarter. Edgestream Partners L.P. now owns 277,276 shares of the company’s stock valued at $5,939,000 after purchasing an additional 215,663 shares during the period. 26.81% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on REYN. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Canaccord Genuity Group decreased their price objective on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a report on Monday, January 26th. Zacks Research downgraded Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. UBS Group raised their target price on Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Royal Bank Of Canada cut their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $25.43.
Get Our Latest Research Report on Reynolds Consumer Products
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.
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