Fox Run Management L.L.C. bought a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 36,738 shares of the company’s stock, valued at approximately $842,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Reynolds Consumer Products by 4.8% in the third quarter. Vanguard Group Inc. now owns 6,197,729 shares of the company’s stock valued at $151,658,000 after purchasing an additional 284,643 shares during the period. AQR Capital Management LLC raised its position in 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 purchasing an additional 3,071,015 shares during the period. Dimensional Fund Advisors LP raised its position in Reynolds Consumer Products by 12.2% in the third quarter. Dimensional Fund Advisors LP now owns 3,775,909 shares of the company’s stock valued at $92,386,000 after purchasing an additional 409,702 shares during the period. Gotham Asset Management LLC raised its position in Reynolds Consumer Products by 182.2% in the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after purchasing an additional 1,006,051 shares during the period. Finally, SG Americas Securities LLC raised its position 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 purchasing an additional 1,352,881 shares during the period. Hedge funds and other institutional investors own 26.81% of the company’s stock.
Insider Activity
In other Reynolds Consumer Products news, Director Rolf Stangl acquired 4,705 shares of the stock in a transaction dated Wednesday, March 18th. The stock was acquired at an average cost of $21.06 per share, with a total value of $99,087.30. Following the transaction, the director owned 39,537 shares in the company, valued at $832,649.22. The trade was a 13.51% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.37% of the company’s stock.
Reynolds Consumer Products Trading Up 1.8%
Reynolds Consumer Products (NASDAQ:REYN – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.25 by $0.03. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The firm had revenue of $877.00 million during the quarter, compared to analysts’ expectations of $822.42 million. During the same period in the previous year, the firm posted $0.23 EPS. Reynolds Consumer Products’s revenue for the quarter was up 7.2% on a year-over-year basis. 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. Sell-side analysts expect that Reynolds Consumer Products Inc. will post 1.59 earnings per share for the current fiscal year.
Reynolds Consumer Products Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, May 15th. Reynolds Consumer Products’s dividend payout ratio is currently 58.60%.
Analyst Ratings Changes
A number of research firms have commented on REYN. Barclays reduced their target price on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. UBS Group reduced their target price on 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. JPMorgan Chase & Co. reduced their target price on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Monday, April 27th. Seven analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $23.60.
Get Our Latest Report on Reynolds Consumer Products
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.
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