Reynolds Consumer Products (NASDAQ:REYN) Price Target Raised to $27.00

Reynolds Consumer Products (NASDAQ:REYN) had its target price increased by JPMorgan Chase & Co. from $23.00 to $27.00 in a report published on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other equities analysts have also commented on the stock. UBS Group raised their price objective on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the stock a “neutral” rating in a research note on Thursday. Barclays cut their target price on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Royal Bank Of Canada set a $24.00 target price on Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. Weiss Ratings raised Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Finally, Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Seven investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.20.

Reynolds Consumer Products Price Performance

REYN stock opened at $26.24 on Thursday. The company has a current ratio of 1.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.68. Reynolds Consumer Products has a one year low of $20.44 and a one year high of $27.32. The firm has a market capitalization of $5.53 billion, a PE ratio of 16.71 and a beta of 0.54. The firm has a 50-day moving average of $23.85 and a two-hundred day moving average of $23.00.

Reynolds Consumer Products (NASDAQ:REYN) last announced its earnings results on Wednesday, May 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.25 by $0.03. Reynolds Consumer Products had a net margin of 8.70% and a return on equity of 16.05%. The company had revenue of $877.00 million during the quarter, compared to analysts’ expectations of $822.42 million. During the same period last year, the company posted $0.23 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q2 2026 guidance at 0.390-0.43 EPS. On average, analysts forecast that Reynolds Consumer Products will post 1.59 earnings per share for the current year.

Reynolds Consumer Products Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, May 15th. Reynolds Consumer Products’s dividend payout ratio (DPR) is currently 58.60%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in REYN. AQR Capital Management LLC boosted its stake in shares of Reynolds Consumer Products by 163.3% during the 3rd quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after buying an additional 3,071,015 shares during the period. SG Americas Securities LLC grew its holdings in shares of Reynolds Consumer Products by 1,210.2% during the 4th quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock valued at $33,570,000 after acquiring an additional 1,352,881 shares in the last quarter. Jane Street Group LLC increased its stake 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 worth $25,808,000 after acquiring an additional 1,079,116 shares during the last quarter. Ameriprise Financial Inc. increased its stake 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 worth $18,352,000 after acquiring an additional 730,670 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Reynolds Consumer Products by 17.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,425,029 shares of the company’s stock worth $101,426,000 after acquiring an additional 649,120 shares in the last quarter. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Company Profile

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.