Analysts Set Reynolds Consumer Products Inc. (NASDAQ:REYN) Price Target at $23.60

Shares of Reynolds Consumer Products Inc. (NASDAQ:REYN) have earned an average rating of “Hold” from the seven brokerages that are covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $23.60.

REYN has been the subject of several analyst reports. UBS Group reduced their price objective on Reynolds Consumer Products from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. Barclays reduced their price objective on Reynolds Consumer Products from $25.00 to $24.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Monday, April 27th. Zacks Research upgraded Reynolds Consumer Products from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Canaccord Genuity Group cut their target price 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.

Reynolds Consumer Products Stock Performance

Shares of NASDAQ REYN opened at $21.79 on Tuesday. The company has a current ratio of 1.79, a quick ratio of 0.76 and a debt-to-equity ratio of 0.68. The stock has a 50 day simple moving average of $21.38 and a 200-day simple moving average of $22.92. The company has a market cap of $4.59 billion, a PE ratio of 13.88 and a beta of 0.57. Reynolds Consumer Products has a 12-month low of $20.44 and a 12-month high of $26.25.

Reynolds Consumer Products (NASDAQ:REYN) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.03. The business had revenue of $877.00 million during the quarter, compared to the consensus estimate of $822.42 million. Reynolds Consumer Products had a return on equity of 16.05% and a net margin of 8.70%.The business’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 earnings per share. 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, equities research analysts forecast that Reynolds Consumer Products will post 1.59 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Rolf Stangl bought 4,705 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was purchased at an average cost of $21.06 per share, for a total transaction of $99,087.30. Following the completion of the transaction, the director directly owned 39,537 shares of the company’s stock, valued at approximately $832,649.22. This trade represents a 13.51% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.37% of the stock is owned by company insiders.

Institutional Investors Weigh In On Reynolds Consumer Products

Institutional investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its position in Reynolds Consumer Products by 70.4% in the fourth quarter. Larson Financial Group LLC now owns 1,264 shares of the company’s stock worth $29,000 after purchasing an additional 522 shares during the period. Rothschild Investment LLC lifted its position in Reynolds Consumer Products by 2,734.8% in the third quarter. Rothschild Investment LLC now owns 1,304 shares of the company’s stock worth $32,000 after purchasing an additional 1,258 shares during the period. Farther Finance Advisors LLC lifted its position in Reynolds Consumer Products by 127.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,391 shares of the company’s stock worth $32,000 after purchasing an additional 780 shares during the period. Rockefeller Capital Management L.P. lifted its position in Reynolds Consumer Products by 119.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,794 shares of the company’s stock worth $41,000 after purchasing an additional 978 shares during the period. Finally, SJS Investment Consulting Inc. lifted its position in Reynolds Consumer Products by 4,657.9% in the first quarter. SJS Investment Consulting Inc. now owns 1,808 shares of the company’s stock worth $38,000 after purchasing an additional 1,770 shares during the period. 26.81% of the stock is currently owned by institutional investors and hedge funds.

About Reynolds Consumer Products

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.