Public Sector Pension Investment Board Buys Shares of 213,265 Reynolds Consumer Products Inc. $REYN

Public Sector Pension Investment Board purchased a new position in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 213,265 shares of the company’s stock, valued at approximately $5,219,000.

A number of other large investors also recently modified their holdings of REYN. Quent Capital LLC bought a new stake in Reynolds Consumer Products during the 3rd quarter worth approximately $33,000. First Horizon Advisors Inc. grew its position in shares of Reynolds Consumer Products by 40.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,601 shares of the company’s stock valued at $34,000 after purchasing an additional 464 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in shares of Reynolds Consumer Products by 14,434.8% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 3,343 shares of the company’s stock valued at $72,000 after purchasing an additional 3,320 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Reynolds Consumer Products by 764.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company’s stock worth $79,000 after purchasing an additional 3,242 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Reynolds Consumer Products by 583.6% in the second 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 in the last quarter. 26.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

REYN has been the subject of several research analyst reports. Royal Bank Of Canada dropped 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. Zacks Research downgraded Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research report on Wednesday, February 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. UBS Group upped their price objective on shares of 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, Canaccord Genuity Group dropped their target price on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $25.43.

Reynolds Consumer Products Price Performance

REYN opened at $24.20 on Friday. 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 stock has a market capitalization of $5.09 billion, a P/E ratio of 16.81 and a beta of 0.57. The stock has a 50-day moving average price of $23.50 and a 200-day moving average price of $23.64. Reynolds Consumer Products Inc. has a 12-month low of $20.91 and a 12-month high of $26.25.

Reynolds Consumer Products (NASDAQ:REYN) last released its earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.58 EPS. 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. 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.8%. Reynolds Consumer Products’s dividend payout ratio is 63.89%.

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.