Villere ST Denis J & Co. LLC Has $6.74 Million Holdings in Reynolds Consumer Products Inc. $REYN

Villere ST Denis J & Co. LLC cut its holdings in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 0.4% during the second quarter, Holdings Channel.com reports. The firm owned 314,787 shares of the company’s stock after selling 1,158 shares during the quarter. Villere ST Denis J & Co. LLC’s holdings in Reynolds Consumer Products were worth $6,743,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Blue Trust Inc. raised its holdings in shares of Reynolds Consumer Products by 1,154.6% in the second 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 raised its holdings in shares of Reynolds Consumer Products by 83.9% in the second 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 raised its holdings in shares of Reynolds Consumer Products by 492.1% in the second 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 raised its holdings in shares of Reynolds Consumer Products by 94.2% in the second 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 raised its holdings in shares of Reynolds Consumer Products by 231.8% in the second 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. 26.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Duncan Hawkesby acquired 159,506 shares of Reynolds Consumer Products stock in a transaction on Tuesday, August 26th. The stock was purchased at an average cost of $22.99 per share, with a total value of $3,667,042.94. Following the completion of the transaction, the director directly owned 334,092 shares in the company, valued at $7,680,775.08. This trade represents a 91.36% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired 231,092 shares of company stock worth $5,316,902 over the last three months. Insiders own 0.15% of the company’s stock.

Reynolds Consumer Products Trading Down 2.7%

REYN stock opened at $23.36 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.85 and a quick ratio of 0.75. The company has a fifty day moving average price of $23.25 and a two-hundred day moving average price of $22.75. Reynolds Consumer Products Inc. has a one year low of $20.91 and a one year high of $30.61. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 15.68 and a beta of 0.60.

Reynolds Consumer Products (NASDAQ:REYN) last released its quarterly earnings data 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 firm had revenue of $938.00 million during the quarter, compared to analysts’ expectations of $899.05 million. During the same period in the previous year, the business posted $0.46 earnings per share. The company’s revenue for the quarter was up .9% compared to the same quarter last year. Reynolds Consumer Products has set its Q3 2025 guidance at 0.370-0.410 EPS. FY 2025 guidance at 1.540-1.610 EPS. Equities analysts anticipate that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently issued reports on REYN. Weiss Ratings reiterated a “hold (c-)” rating on shares of Reynolds Consumer Products in a report on Wednesday. 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. Finally, 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. Two equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $26.75.

About Reynolds Consumer Products

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.