Villere ST Denis J & Co. LLC Sells 1,158 Shares of Reynolds Consumer Products Inc. $REYN

Villere ST Denis J & Co. LLC cut its holdings in shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) by 0.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 314,787 shares of the company’s stock after selling 1,158 shares during the period. Villere ST Denis J & Co. LLC owned 0.15% of Reynolds Consumer Products worth $6,743,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Blue Trust Inc. boosted its stake in shares of Reynolds Consumer Products by 1,154.6% in the 2nd quarter. Blue Trust Inc. now owns 4,893 shares of the company’s stock valued at $105,000 after purchasing an additional 4,503 shares during the last quarter. Hunter Perkins Capital Management LLC boosted its stake in shares of Reynolds Consumer Products by 83.9% in the 2nd quarter. Hunter Perkins Capital Management LLC now owns 50,017 shares of the company’s stock valued at $1,071,000 after purchasing an additional 22,812 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Reynolds Consumer Products by 492.1% in the 2nd quarter. Signaturefd LLC now owns 4,997 shares of the company’s stock valued at $107,000 after purchasing an additional 4,153 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Reynolds Consumer Products by 94.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 34,572 shares of the company’s stock valued at $741,000 after purchasing an additional 16,767 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Reynolds Consumer Products by 231.8% in the 2nd quarter. GAMMA Investing LLC now owns 2,814 shares of the company’s stock valued at $60,000 after purchasing an additional 1,966 shares during the last quarter. Institutional investors own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Performance

Shares of NASDAQ:REYN opened at $23.36 on Friday. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 15.68 and a beta of 0.60. The firm’s 50 day simple moving average is $23.25 and its 200 day simple moving average is $22.75. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.85 and a quick ratio of 0.75. Reynolds Consumer Products Inc. has a fifty-two week low of $20.91 and a fifty-two week high of $30.61.

Reynolds Consumer Products (NASDAQ:REYN) last announced its earnings results on Wednesday, July 30th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The firm had revenue of $938.00 million for the quarter, compared to the consensus estimate of $899.05 million. Reynolds Consumer Products had a net margin of 8.44% and a return on equity of 16.00%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the company posted $0.46 EPS. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. As a group, sell-side analysts forecast that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.9%. The ex-dividend date was Friday, August 15th. Reynolds Consumer Products’s dividend payout ratio (DPR) is 61.74%.

Analyst Upgrades and Downgrades

REYN has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Reynolds Consumer Products in a research note on Wednesday. UBS Group raised their target price on shares of Reynolds Consumer Products from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, July 31st. Finally, Barclays raised their target price on shares of Reynolds Consumer Products from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $26.75.

Insider Buying and Selling

In related news, Director Duncan Hawkesby bought 159,506 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were purchased at an average cost of $22.99 per share, for a total transaction of $3,667,042.94. Following the acquisition, the director owned 334,092 shares of the company’s stock, valued at approximately $7,680,775.08. This represents a 91.36% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have purchased 231,092 shares of company stock worth $5,316,902. Company insiders own 0.15% 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.