SG Americas Securities LLC Buys 1,352,881 Shares of Reynolds Consumer Products Inc. $REYN

SG Americas Securities LLC raised its stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 1,210.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,464,674 shares of the company’s stock after purchasing an additional 1,352,881 shares during the period. SG Americas Securities LLC owned 0.70% of Reynolds Consumer Products worth $33,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in REYN. Rothschild Investment LLC lifted its position in shares of Reynolds Consumer Products by 2,734.8% during the third quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock valued at $32,000 after buying an additional 1,258 shares during the last quarter. Quent Capital LLC purchased a new position in shares of Reynolds Consumer Products in the 3rd quarter worth approximately $33,000. GAMMA Investing LLC raised its stake in shares of Reynolds Consumer Products by 42.5% during the 4th quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock worth $53,000 after acquiring an additional 695 shares in the last quarter. Clearstead Advisors LLC raised its stake in shares of Reynolds Consumer Products by 54,480.0% during the 3rd quarter. Clearstead Advisors LLC now owns 2,729 shares of the company’s stock worth $67,000 after acquiring an additional 2,724 shares in the last quarter. Finally, Allworth Financial LP lifted its position in Reynolds Consumer Products by 433.2% during the third quarter. Allworth Financial LP now owns 2,991 shares of the company’s stock valued at $73,000 after acquiring an additional 2,430 shares during the last quarter. 26.81% of the stock is currently owned by institutional investors.

Reynolds Consumer Products Stock Performance

Shares of Reynolds Consumer Products stock opened at $21.11 on Thursday. The company has a 50 day moving average price of $23.04 and a 200 day moving average price of $23.58. The firm has a market capitalization of $4.45 billion, a P/E ratio of 14.66 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 Inc. has a 52 week low of $20.69 and a 52 week 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 the consensus estimate of $0.60 by ($0.01). The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm posted $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. Sell-side analysts expect that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, February 13th. Reynolds Consumer Products’s dividend payout ratio is presently 63.89%.

Analyst Ratings Changes

Several equities research analysts have weighed in on REYN shares. Zacks Research downgraded shares of Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. UBS Group upped their price target on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Canaccord Genuity Group lowered their price objective on 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. Finally, Royal Bank Of Canada dropped their target price on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $25.43.

Insider Activity

In other news, Director Rolf Stangl bought 4,705 shares of Reynolds Consumer Products stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average price of $21.06 per share, for a total transaction of $99,087.30. Following the purchase, the director directly owned 39,537 shares of the company’s stock, valued at approximately $832,649.22. The trade was a 13.51% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.15% of the stock is currently owned by 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.