Lone Peak Global Investors LLC Decreases Stake in Reynolds Consumer Products Inc. $REYN

Lone Peak Global Investors LLC decreased its stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 32.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 555,713 shares of the company’s stock after selling 265,719 shares during the period. Lone Peak Global Investors LLC owned approximately 0.26% of Reynolds Consumer Products worth $14,921,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Reynolds Consumer Products in the second quarter valued at about $31,000. Larson Financial Group LLC boosted its stake 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 worth $29,000 after acquiring an additional 522 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Reynolds Consumer Products during the 2nd quarter worth approximately $34,000. Farther Finance Advisors LLC grew its holdings in shares of Reynolds Consumer Products by 127.7% in the 4th quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock worth $32,000 after acquiring an additional 780 shares during the period. Finally, Allworth Financial LP acquired a new stake in shares of Reynolds Consumer Products in the 2nd quarter worth approximately $39,000. Hedge funds and other institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Price Performance

REYN stock opened at $22.68 on Wednesday. The stock’s 50 day moving average price is $25.83 and its 200 day moving average price is $23.48. The firm has a market cap of $4.78 billion, a P/E ratio of 13.83 and a beta of 0.55. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.71 and a current ratio of 1.80. Reynolds Consumer Products Inc. has a 1 year low of $20.44 and a 1 year high of $27.32.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. Reynolds Consumer Products had a return on equity of 16.03% and a net margin of 9.11%.The company had revenue of $944.00 million during the quarter, compared to analysts’ expectations of $935.46 million. During the same period in the previous year, the firm posted $0.39 earnings per share. The business’s revenue for the quarter was up .6% compared to the same quarter last year. Reynolds Consumer Products has set its Q3 2026 guidance at 0.370-0.390 EPS and its FY 2026 guidance at 1.570-1.630 EPS. On average, sell-side analysts expect that Reynolds Consumer Products Inc. will post 1.59 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were paid a $0.23 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.92 annualized dividend and a yield of 4.1%. Reynolds Consumer Products’s payout ratio is presently 56.10%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on REYN shares. Weiss Ratings raised Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Canaccord Genuity Group upped their target price on Reynolds Consumer Products from $24.00 to $25.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Piper Sandler upgraded Reynolds Consumer Products to an “overweight” rating in a research report on Thursday, July 30th. UBS Group boosted 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 report on Thursday, July 16th. Finally, Barclays raised their target price on shares of Reynolds Consumer Products from $24.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Reynolds Consumer Products presently has an average rating of “Hold” and an average target price of $25.60.

Reynolds Consumer Products 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.