Reynolds Consumer Products: VP Chris Mayrhofer buys 18217.73 shares at $22.14/share.

Reynolds Consumer Products Inc. (REYN) has announced that Mayrhofer Chris, Vice President, Controller, and Chief Accounting Officer, has made two recent transactions involving the acquisition of shares. On May 29, 2025, Chris purchased 18,217.73 shares at a price of $22.14 per share. Subsequently, on May 30, 2025, Chris acquired an additional 5,047.79 shares at a price of $21.99 per share.

Reynolds Consumer Products Inc. (REYN) has seen significant insider activity with Vice President, Controller, and Chief Accounting Officer, Chris Mayrhofer, making two recent share purchases. On May 29, 2025, Mayrhofer acquired 18,217.73 shares at a price of $22.14 per share. Subsequently, on May 30, 2025, he bought an additional 5,047.79 shares at $21.99 per share. These transactions indicate a strong belief in the company's prospects, as insiders often use their inside knowledge to make informed investment decisions [1].

Mayrhofer's acquisitions come amidst a period of mixed analyst sentiment. While several analysts have cut their price targets and ratings, others have maintained their optimistic views. For instance, Royal Bank of Canada reiterated a "sector perform" rating with a $30.00 target price, indicating a cautious yet optimistic outlook [1]. The company's recent earnings report also shows resilience, with a 1.8% year-over-year revenue decline and a 17.14% return on equity, suggesting a stable financial performance [1].

The latest transactions by Mayrhofer are part of a broader trend of insider buying in REYN. In the fourth quarter, institutional investors increased their stakes in the company, with Allspring Global Investments Holdings LLC, Vanguard Group Inc., Dimensional Fund Advisors LP, and Bank of New York Mellon Corp all boosting their holdings [1]. This collective buying pressure might be a signal of confidence in the company's future prospects.

The company's quarterly dividend announcement also provides investors with additional value. Reynolds Consumer Products declared a quarterly dividend of $0.23 per share, payable on May 30, 2025, representing a $0.92 annualized dividend and a yield of 4.13% [1]. This dividend payout ratio of 57.50% indicates a balance between shareholder returns and reinvestment in the company.

In conclusion, Vice President Chris Mayrhofer's recent share purchases, coupled with institutional investor activity and a stable financial performance, suggest a positive outlook for Reynolds Consumer Products Inc. As the company continues to navigate market conditions, investors should closely monitor future developments and analyst ratings to gauge potential investment opportunities.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-jane-street-group-llc-lowers-stock-holdings-in-reynolds-consumer-products-inc-nasdaqreyn-2025-05-28/