Reynolds Consumer Products (REYN) – Investment Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Reynolds Consumer Products (NASDAQ: REYN):

• 2/6/2025 – Reynolds Consumer Products had its price target lowered by analysts at Evercore ISI from $33.00 to $30.00. They now have an “outperform” rating on the stock.
• 2/6/2025 – Reynolds Consumer Products had its price target lowered by analysts at Canaccord Genuity Group Inc. from $31.00 to $30.00. They now have a “hold” rating on the stock.
• 2/6/2025 – Reynolds Consumer Products had its price target lowered by analysts at Stifel Nicolaus from $32.00 to $31.00. They now have a “hold” rating on the stock.
• 2/6/2025 – Reynolds Consumer Products had its price target lowered by analysts at Barclays PLC from $27.00 to $25.00. They now have an “equal weight” rating on the stock.
• 2/3/2025 – Reynolds Consumer Products had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $32.00 price target on the stock.
• 1/17/2025 – Reynolds Consumer Products had its price target lowered by analysts at Barclays PLC from $28.00 to $27.00. They now have an “equal weight” rating on the stock.
• 1/16/2025 – Reynolds Consumer Products had its price target lowered by analysts at UBS Group AG from $30.00 to $29.00. They now have a “neutral” rating on the stock.
• 1/16/2025 – Reynolds Consumer Products had its price target lowered by analysts at JPMorgan Chase & Co. from $30.00 to $28.00. They now have a “neutral” rating on the stock.

Reynolds Consumer Products Trading Down 0.1 %

REYN traded down $0.03 on Wednesday, hitting $23.78. 138,961 shares of the company were exchanged, compared to its average volume of 574,214. The firm has a fifty day simple moving average of $26.72 and a two-hundred day simple moving average of $28.61. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.99 and a current ratio of 2.04. Reynolds Consumer Products Inc. has a 12 month low of $23.77 and a 12 month high of $32.65. The stock has a market capitalization of $5.00 billion, a PE ratio of 14.15 and a beta of 0.50.

Reynolds Consumer Products (NASDAQ:REYN) last released its earnings results on Wednesday, February 5th. The company reported $0.58 EPS for the quarter, meeting analysts’ consensus estimates of $0.58. Reynolds Consumer Products had a return on equity of 17.14% and a net margin of 9.56%. Sell-side analysts expect that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 3.87%. The ex-dividend date of this dividend is Friday, February 14th. Reynolds Consumer Products’s payout ratio is currently 54.76%.

Insider Buying and Selling at Reynolds Consumer Products

In related news, Director Rolf Stangl acquired 6,000 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were acquired at an average cost of $24.89 per share, for a total transaction of $149,340.00. Following the completion of the transaction, the director now directly owns 16,889 shares in the company, valued at approximately $420,367.21. This trade represents a 55.10 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Reynolds Consumer Products

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. True Wealth Design LLC bought a new position in shares of Reynolds Consumer Products during the third quarter valued at approximately $29,000. Blue Trust Inc. grew its stake in shares of Reynolds Consumer Products by 115.2% during the fourth quarter. Blue Trust Inc. now owns 1,304 shares of the company’s stock valued at $35,000 after buying an additional 698 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Reynolds Consumer Products during the fourth quarter valued at approximately $40,000. Capital Performance Advisors LLP bought a new position in shares of Reynolds Consumer Products during the third quarter valued at approximately $70,000. Finally, Abich Financial Wealth Management LLC grew its stake in shares of Reynolds Consumer Products by 21.3% during the third quarter. Abich Financial Wealth Management LLC now owns 2,357 shares of the company’s stock valued at $73,000 after buying an additional 414 shares during the last quarter. 26.81% of the stock is currently owned by hedge funds and other institutional investors.

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.