Reynolds Consumer Products Inc. (NASDAQ:REYN) Receives $23.60 Average Target Price from Analysts

Reynolds Consumer Products Inc. (NASDAQ:REYN) has received a consensus rating of “Hold” from the seven analysts that are covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold rating. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $23.60.

Several equities research analysts have commented on the company. Royal Bank Of Canada set a $24.00 target price on Reynolds Consumer Products and gave the company a “sector perform” rating in a research note on Thursday, April 9th. UBS Group cut their price objective on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 7th. Barclays decreased their target price on shares of Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. JPMorgan Chase & Co. lowered their price target on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday, April 17th. Finally, Weiss Ratings raised shares of Reynolds Consumer Products from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of REYN. Dimensional Fund Advisors LP raised its stake in shares of Reynolds Consumer Products by 14.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,068,602 shares of the company’s stock worth $107,350,000 after purchasing an additional 643,573 shares in the last quarter. AQR Capital Management LLC grew its stake 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 buying an additional 3,071,015 shares in the last quarter. First Trust Advisors LP increased its holdings in Reynolds Consumer Products by 8.5% during the first quarter. First Trust Advisors LP now owns 2,329,337 shares of the company’s stock worth $49,335,000 after buying an additional 182,772 shares during the last quarter. Gotham Asset Management LLC raised its position in Reynolds Consumer Products by 182.2% during the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock worth $38,133,000 after acquiring an additional 1,006,051 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in 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 acquiring an additional 1,352,881 shares during the last quarter. 26.81% of the stock is currently owned by institutional investors.

Reynolds Consumer Products Trading Up 0.9%

Shares of NASDAQ:REYN opened at $26.27 on Wednesday. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 16.73 and a beta of 0.54. Reynolds Consumer Products has a 12 month low of $20.44 and a 12 month high of $27.32. The company’s fifty day simple moving average is $23.38 and its 200 day simple moving average is $22.90. The company has a quick ratio of 0.76, a current ratio of 1.79 and a debt-to-equity ratio of 0.68.

Reynolds Consumer Products (NASDAQ:REYN) last released its earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.03. The firm had revenue of $877.00 million during the quarter, compared to analysts’ expectations of $822.42 million. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 EPS. 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, research analysts forecast that Reynolds Consumer Products will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Announces Dividend

The business also recently announced 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 yield of 3.5%. The ex-dividend date was Friday, May 15th. Reynolds Consumer Products’s dividend payout ratio is presently 58.60%.

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.