Brokerages Set Reynolds Consumer Products Inc. (NASDAQ:REYN) Price Target at $28.00

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have been given a consensus recommendation of “Hold” by the nine research firms that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $28.00.

A number of analysts have commented on the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $30.00 price target on shares of Reynolds Consumer Products in a research report on Monday, April 28th. Canaccord Genuity Group dropped their price target on shares of Reynolds Consumer Products from $27.00 to $26.00 and set a “hold” rating on the stock in a research report on Thursday, May 1st. Truist Financial dropped their price target on shares of Reynolds Consumer Products from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, April 24th. Wall Street Zen upgraded shares of Reynolds Consumer Products from a “sell” rating to a “hold” rating in a research report on Friday, May 30th. Finally, UBS Group raised their price objective on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st.

Reynolds Consumer Products Stock Up 2.6%

REYN stock opened at $23.13 on Friday. Reynolds Consumer Products has a 52 week low of $20.91 and a 52 week high of $32.65. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 15.52 and a beta of 0.58. The firm’s 50-day moving average is $21.92 and its two-hundred day moving average is $22.99. The company has a current ratio of 1.85, a quick ratio of 0.75 and a debt-to-equity ratio of 0.75.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. The company had revenue of $938.00 million for the quarter, compared to the consensus estimate of $899.05 million. During the same period in the previous year, the firm earned $0.46 EPS. Reynolds Consumer Products’s revenue was up .9% on a year-over-year basis. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. On average, analysts forecast that Reynolds Consumer Products 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, August 29th. Stockholders of record on Friday, August 15th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, August 15th. This represents a $0.92 annualized dividend and a dividend yield of 4.0%. Reynolds Consumer Products’s dividend payout ratio (DPR) is 61.74%.

Insider Activity

In other Reynolds Consumer Products news, CAO Chris Mayrhofer acquired 18,218 shares of Reynolds Consumer Products stock in a transaction dated Thursday, May 29th. The stock was bought at an average price of $22.14 per share, for a total transaction of $403,346.52. Following the transaction, the chief accounting officer owned 18,218 shares in the company, valued at approximately $403,346.52. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Rolf Stangl acquired 4,500 shares of Reynolds Consumer Products stock in a transaction dated Friday, June 20th. The shares were acquired at an average price of $21.24 per share, with a total value of $95,580.00. Following the transaction, the director owned 30,889 shares in the company, valued at approximately $656,082.36. This represents a 17.05% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 32,266 shares of company stock valued at $707,582. Insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Reynolds Consumer Products

Large investors have recently made changes to their positions in the business. Caxton Associates LLP acquired a new stake in Reynolds Consumer Products during the 2nd quarter worth about $372,000. FORA Capital LLC acquired a new stake in Reynolds Consumer Products during the 2nd quarter worth about $381,000. Tower Research Capital LLC TRC raised its holdings in Reynolds Consumer Products by 764.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,666 shares of the company’s stock worth $79,000 after buying an additional 3,242 shares during the period. Captrust Financial Advisors acquired a new stake in Reynolds Consumer Products during the 2nd quarter worth about $240,000. Finally, Tidal Investments LLC raised its holdings in Reynolds Consumer Products by 22.4% during the 2nd quarter. Tidal Investments LLC now owns 35,505 shares of the company’s stock worth $761,000 after buying an additional 6,504 shares during the period. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products Inc produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally.