Gotham Asset Management LLC Raises Stock Position in Reynolds Consumer Products Inc. $REYN

Gotham Asset Management LLC boosted its stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) by 182.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,558,361 shares of the company’s stock after acquiring an additional 1,006,051 shares during the period. Gotham Asset Management LLC’s holdings in Reynolds Consumer Products were worth $38,133,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Rothschild Investment LLC grew its position in shares of Reynolds Consumer Products by 2,734.8% in the third quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock valued at $32,000 after purchasing an additional 1,258 shares during the period. Quent Capital LLC acquired a new position in shares of Reynolds Consumer Products during the 3rd quarter worth about $33,000. Clearstead Advisors LLC lifted its stake in Reynolds Consumer Products by 54,480.0% in the 3rd quarter. Clearstead Advisors LLC now owns 2,729 shares of the company’s stock valued at $67,000 after buying an additional 2,724 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Reynolds Consumer Products by 764.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company’s stock valued at $79,000 after buying an additional 3,242 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Reynolds Consumer Products by 583.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,455 shares of the company’s stock worth $117,000 after buying an additional 4,657 shares during the last quarter. 26.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Canaccord Genuity Group cut their price objective 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. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. Zacks Research lowered Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. UBS Group boosted their price target on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada reduced their price objective 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. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Reynolds Consumer Products currently has an average rating of “Hold” and a consensus target price of $25.43.

Reynolds Consumer Products Stock Up 0.0%

REYN stock opened at $21.47 on Monday. The company has a current ratio of 1.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.70. The firm has a 50-day moving average of $23.43 and a two-hundred day moving average of $23.71. Reynolds Consumer Products Inc. has a 12 month low of $20.91 and a 12 month high of $26.25. The company has a market cap of $4.52 billion, a price-to-earnings ratio of 14.91 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN) last issued its earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $1.03 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, analysts forecast that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.92 dividend on an annualized basis and a yield of 4.3%. Reynolds Consumer Products’s payout ratio is 63.89%.

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.