Reynolds Consumer Products Inc. $REYN Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,197,729 shares of the company’s stock after acquiring an additional 284,643 shares during the quarter. Vanguard Group Inc. owned 2.95% of Reynolds Consumer Products worth $151,658,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of REYN. Public Sector Pension Investment Board acquired a new stake in Reynolds Consumer Products during the 3rd quarter worth about $5,219,000. Rhumbline Advisers increased its position in shares of Reynolds Consumer Products by 25.7% in the third quarter. Rhumbline Advisers now owns 228,210 shares of the company’s stock worth $5,584,000 after acquiring an additional 46,639 shares in the last quarter. Savant Capital LLC acquired a new stake in shares of Reynolds Consumer Products during the third quarter valued at approximately $591,000. Principal Financial Group Inc. acquired a new stake in shares of Reynolds Consumer Products during the third quarter valued at approximately $6,423,000. Finally, Thrivent Financial for Lutherans purchased a new stake in shares of Reynolds Consumer Products in the 3rd quarter valued at approximately $965,000. 26.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. Royal Bank Of Canada lowered their price target on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Zacks Research downgraded Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. Canaccord Genuity Group lowered their target price on Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating on the stock in a research note on Monday, January 26th. Finally, UBS Group upped their target price on Reynolds Consumer Products from $25.00 to $26.00 and gave the company a “neutral” rating in a report 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $25.43.

Reynolds Consumer Products Price Performance

NASDAQ REYN opened at $23.66 on Wednesday. The company has a 50 day moving average price of $23.59 and a two-hundred day moving average price of $23.76. Reynolds Consumer Products Inc. has a 12-month low of $20.91 and a 12-month high of $26.25. The stock has a market capitalization of $4.98 billion, a PE ratio of 16.43 and a beta of 0.57. The company has a quick ratio of 0.92, a current ratio of 1.93 and a debt-to-equity ratio of 0.70.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). Reynolds Consumer Products had a net margin of 8.09% and a return on equity of 15.86%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the firm posted $0.58 EPS. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. 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, equities analysts predict that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were given 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 3.9%. Reynolds Consumer Products’s dividend payout ratio is presently 63.89%.

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.