Syon Capital LLC Takes Position in Reynolds Consumer Products Inc. $REYN

Syon Capital LLC bought a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 23,614 shares of the company’s stock, valued at approximately $541,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in Reynolds Consumer Products by 1.9% during the first quarter. Royal Bank of Canada now owns 94,024 shares of the company’s stock valued at $2,244,000 after buying an additional 1,720 shares during the period. Millennium Management LLC boosted its stake in shares of Reynolds Consumer Products by 11.3% during the 1st quarter. Millennium Management LLC now owns 592,459 shares of the company’s stock worth $14,136,000 after acquiring an additional 60,198 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Reynolds Consumer Products by 60.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 222,853 shares of the company’s stock worth $5,317,000 after acquiring an additional 83,633 shares in the last quarter. Jane Street Group LLC grew its position in shares of Reynolds Consumer Products by 488.4% during the 1st quarter. Jane Street Group LLC now owns 125,724 shares of the company’s stock valued at $3,000,000 after acquiring an additional 104,357 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Reynolds Consumer Products by 17.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 330,811 shares of the company’s stock valued at $7,086,000 after acquiring an additional 49,192 shares during the period. 26.81% of the stock is owned by hedge funds and other institutional investors.

Reynolds Consumer Products Trading Up 1.8%

REYN stock opened at $23.45 on Thursday. Reynolds Consumer Products Inc. has a 12-month low of $20.44 and a 12-month high of $26.25. The business’s 50-day moving average is $21.63 and its 200 day moving average is $22.73. The company has a current ratio of 1.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.68. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 14.94 and a beta of 0.58.

Reynolds Consumer Products (NASDAQ:REYN) last released its earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.03. The business had revenue of $877.00 million for the quarter, compared to the consensus estimate of $822.42 million. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 earnings per share. 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. On average, sell-side analysts anticipate that Reynolds Consumer Products Inc. will post 1.59 EPS for the current fiscal year.

Reynolds Consumer Products Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.23 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.9%. Reynolds Consumer Products’s dividend payout ratio (DPR) is presently 58.60%.

Wall Street Analyst Weigh In

REYN has been the subject of a number of analyst reports. Zacks Research raised Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Royal Bank Of Canada set a $24.00 price objective on Reynolds Consumer Products and gave the company a “sector perform” rating in a report on Thursday, April 9th. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Monday, April 27th. UBS Group reduced their target price on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Finally, JPMorgan Chase & Co. decreased 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. Seven investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $23.60.

Insider Transactions at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Rolf Stangl bought 4,705 shares of the stock in a transaction on Wednesday, March 18th. The shares were bought at an average price of $21.06 per share, with a total value of $99,087.30. Following the purchase, the director directly owned 39,537 shares in the company, valued at $832,649.22. This trade represents a 13.51% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.37% of the stock is currently owned by company insiders.

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.