GSA Capital Partners LLP Purchases Shares of 41,048 Reynolds Consumer Products Inc. $REYN

GSA Capital Partners LLP bought a new position in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) during the 4th quarter, Holdings Channel.com reports. The fund bought 41,048 shares of the company’s stock, valued at approximately $941,000.

Other hedge funds also recently made changes to their positions in the company. Fieldview Capital Management LLC bought a new position in shares of Reynolds Consumer Products during the third quarter worth approximately $1,436,000. Bleakley Financial Group LLC acquired a new stake in Reynolds Consumer Products in the third quarter valued at approximately $1,246,000. Kettle Hill Capital Management LLC acquired a new stake in Reynolds Consumer Products in the third quarter valued at approximately $1,150,000. Vanguard Group Inc. boosted 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 buying an additional 284,643 shares in the last quarter. Finally, SG Americas Securities LLC boosted 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 buying an additional 1,352,881 shares in the last quarter. 26.81% of the stock is owned by institutional investors.

Reynolds Consumer Products Price Performance

Shares of NASDAQ REYN opened at $21.79 on Friday. Reynolds Consumer Products Inc. has a twelve month low of $20.44 and a twelve month high of $26.25. The firm has a fifty day simple moving average of $21.37 and a 200 day simple moving average of $22.95. The company has a market capitalization of $4.59 billion, a PE ratio of 13.88 and a beta of 0.57. The company has a quick ratio of 0.76, a current ratio of 1.79 and a debt-to-equity ratio of 0.68.

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

Reynolds Consumer Products Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, May 15th. Reynolds Consumer Products’s payout ratio is 58.60%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. cut their target price on shares of 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. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Monday, April 27th. UBS Group cut their price target on shares of Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Canaccord Genuity Group cut their price target on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating on the stock in a report on Monday, January 26th. Finally, Zacks Research upgraded shares of Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Seven analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $23.60.

Insiders Place Their Bets

In related news, Director Rolf Stangl purchased 4,705 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was purchased at an average cost of $21.06 per share, with a total value of $99,087.30. Following the completion of the purchase, the director owned 39,537 shares in the company, valued at approximately $832,649.22. This trade represents a 13.51% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.37% of the company’s stock.

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.