Maverick Capital Ltd. Has $1.12 Million Stake in Reynolds Consumer Products Inc. $REYN

Maverick Capital Ltd. reduced its stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) by 61.9% in the 1st quarter, Holdings Channel reports. The firm owned 52,697 shares of the company’s stock after selling 85,699 shares during the quarter. Maverick Capital Ltd.’s holdings in Reynolds Consumer Products were worth $1,116,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in REYN. Baird Financial Group Inc. grew its position in shares of Reynolds Consumer Products by 1.6% in the 2nd quarter. Baird Financial Group Inc. now owns 32,882 shares of the company’s stock valued at $704,000 after buying an additional 516 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Reynolds Consumer Products by 70.4% during the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after acquiring an additional 522 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Reynolds Consumer Products by 6.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 10,089 shares of the company’s stock worth $231,000 after acquiring an additional 582 shares during the period. GAMMA Investing LLC lifted its stake in shares of Reynolds Consumer Products by 42.5% in the fourth quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock worth $53,000 after acquiring an additional 695 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in Reynolds Consumer Products by 32.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,873 shares of the company’s stock valued at $66,000 after acquiring an additional 704 shares during the last quarter. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Up 1.2%

Shares of NASDAQ REYN opened at $25.81 on Wednesday. The company has a quick ratio of 0.76, a current ratio of 1.79 and a debt-to-equity ratio of 0.68. The firm has a market cap of $5.44 billion, a PE ratio of 16.44 and a beta of 0.54. The company’s fifty day simple moving average is $24.44 and its 200 day simple moving average is $23.14. Reynolds Consumer Products Inc. has a 12-month low of $20.44 and a 12-month high of $27.32.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share for the quarter, beating 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 firm had revenue of $877.00 million during the quarter, compared to the consensus estimate of $822.42 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The business’s revenue was up 7.2% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Reynolds Consumer Products Inc. will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Monday, August 17th. Reynolds Consumer Products’s payout ratio is presently 58.60%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on REYN shares. Weiss Ratings upgraded shares of Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Zacks Research raised shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. UBS Group boosted their target price on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. upped their price target on shares of Reynolds Consumer Products from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Finally, Barclays increased their price target on Reynolds Consumer Products from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Seven investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Reynolds Consumer Products presently has a consensus rating of “Hold” and an average target price of $25.40.

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.