UBS Group Cuts Reynolds Consumer Products (NASDAQ:REYN) Price Target to $23.00

Reynolds Consumer Products (NASDAQ:REYN) had its price objective lowered by equities research analysts at UBS Group from $26.00 to $23.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price indicates a potential upside of 8.27% from the company’s previous close.

REYN has been the subject of a number of other reports. Royal Bank Of Canada decreased their price target on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Zacks Research cut Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. Canaccord Genuity Group decreased their price target 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research note on Wednesday, January 28th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $25.00.

Reynolds Consumer Products Stock Down 0.5%

Shares of NASDAQ REYN traded down $0.12 during mid-day trading on Tuesday, reaching $21.24. 548,240 shares of the company were exchanged, compared to its average volume of 1,019,130. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of 14.72 and a beta of 0.61. Reynolds Consumer Products has a 1 year low of $20.69 and a 1 year high of $26.25. The firm has a 50-day moving average of $22.57 and a 200 day moving average of $23.48.

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). The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.58 earnings per share. 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, research analysts expect that Reynolds Consumer Products will post 1.66 earnings per share for the current year.

Insider Buying and Selling at Reynolds Consumer Products

In other news, Director Rolf Stangl acquired 4,705 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average cost of $21.06 per share, with a total value of $99,087.30. Following the completion of the acquisition, the director owned 39,537 shares of the company’s stock, valued at approximately $832,649.22. This trade represents a 13.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of REYN. AQR Capital Management LLC increased its holdings in shares of Reynolds Consumer Products by 163.3% in the third quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after purchasing an additional 3,071,015 shares during the period. SG Americas Securities LLC increased its holdings in shares of Reynolds Consumer Products by 1,210.2% in the fourth quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock valued at $33,570,000 after purchasing an additional 1,352,881 shares during the period. Jane Street Group LLC increased its holdings in shares of Reynolds Consumer Products by 858.3% in the second quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock valued at $25,808,000 after purchasing an additional 1,079,116 shares during the period. Gotham Asset Management LLC increased its holdings in shares of Reynolds Consumer Products by 182.2% in the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after purchasing an additional 1,006,051 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Reynolds Consumer Products by 3,783.5% in the third quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock valued at $18,352,000 after purchasing an additional 730,670 shares during the period. 26.81% of the stock is owned by institutional investors and hedge funds.

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.