Travel + Leisure (NYSE:TNL) Upgraded by Zacks Research to “Strong-Buy” Rating

Posted by Geri Gentry on Jul 23rd, 2026

Zacks Research upgraded shares of Travel + Leisure (NYSE:TNL – Free Report) from a hold rating to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

TNL has been the subject of several other reports. Barclays cut their price objective on Travel + Leisure from $78.00 to $74.00 and set an “equal weight” rating for the company in a report on Thursday, April 23rd. Wells Fargo & Company dropped their target price on Travel + Leisure from $88.00 to $87.00 and set an “overweight” rating on the stock in a research report on Thursday, April 23rd. The Goldman Sachs Group raised Travel + Leisure from a “neutral” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Monday, June 1st. Mizuho reduced their price target on Travel + Leisure from $107.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Finally, Weiss Ratings raised Travel + Leisure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $85.90.

Get Our Latest Stock Analysis on TNL

Travel + Leisure Stock Performance

Travel + Leisure stock opened at $75.47 on Tuesday. Travel + Leisure has a twelve month low of $56.66 and a twelve month high of $81.00. The firm has a market cap of $4.71 billion, a PE ratio of 21.20, a P/E/G ratio of 0.56 and a beta of 1.16. The firm’s 50 day moving average price is $72.10 and its two-hundred day moving average price is $71.67.

Travel + Leisure (NYSE:TNL – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.88. Travel + Leisure had a net margin of 5.85% and a negative return on equity of 48.06%. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the business posted $1.65 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. Equities analysts anticipate that Travel + Leisure will post 7.5 EPS for the current fiscal year.

Travel + Leisure Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 12th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, June 12th. Travel + Leisure’s payout ratio is presently 67.42%.

Insider Buying and Selling

In related news, Director George Herrera sold 500 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $75.16, for a total value of $37,580.00. Following the completion of the sale, the director directly owned 1,353 shares in the company, valued at approximately $101,691.48. This represents a 26.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Denny Marie Post sold 2,500 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $63.83, for a total transaction of $159,575.00. Following the transaction, the director directly owned 1,977 shares in the company, valued at $126,191.91. The trade was a 55.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 31,000 shares of company stock worth $2,161,915. Corporate insiders own 4.01% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Invesco Ltd. boosted its position in Travel + Leisure by 4.2% during the fourth quarter. Invesco Ltd. now owns 3,632,657 shares of the company’s stock worth $256,211,000 after purchasing an additional 146,484 shares during the period. AQR Capital Management LLC raised its position in shares of Travel + Leisure by 46.8% in the second quarter. AQR Capital Management LLC now owns 2,682,604 shares of the company’s stock valued at $138,449,000 after purchasing an additional 855,151 shares during the period. LSV Asset Management raised its position in shares of Travel + Leisure by 1.1% in the fourth quarter. LSV Asset Management now owns 1,612,657 shares of the company’s stock valued at $113,741,000 after purchasing an additional 17,377 shares during the period. Quantinno Capital Management LP lifted its stake in shares of Travel + Leisure by 21.7% in the first quarter. Quantinno Capital Management LP now owns 1,305,515 shares of the company’s stock worth $90,329,000 after buying an additional 232,711 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Travel + Leisure by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 1,208,918 shares of the company’s stock worth $85,281,000 after buying an additional 10,137 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

Key Headlines Impacting Travel + Leisure

Here are the key news stories impacting Travel + Leisure this week:

Positive Sentiment: Travel + Leisure reported $1.06 billion in revenue, topping expectations of about $1.04 billion, while gross VOI sales rose 4% and the company highlighted stronger demand trends in its vacation ownership business. Travel + Leisure Co. Reports Second Quarter 2026 Results
Positive Sentiment: The company raised its outlook after the quarter, signaling management sees enough momentum to support better full-year performance. Travel + Leisure raises outlook on strong Q2 results
Neutral Sentiment: Adjusted diluted EPS came in at $1.88, which matched the company’s reported adjusted result but was slightly below some analyst estimates, limiting enthusiasm despite the revenue beat. Travel + Leisure Co. (TNL) Lags Q2 Earnings Estimates
Neutral Sentiment: Investors are also parsing the earnings call transcript and key-metrics breakdown for details on margins, demand, and guidance, which may drive near-term trading beyond the headline beat/miss mix. Travel + Leisure Co. (TNL) Q2 2026 Earnings Call Transcript
Negative Sentiment: Some coverage noted EPS of $1.88 missed the Zacks consensus of $1.93, which could cap gains if investors focus on earnings rather than the revenue beat. Travel + Leisure Co. (TNL) Lags Q2 Earnings Estimates

Travel + Leisure Company Profile

(Get Free Report)

Travel + Leisure Co (NYSE: TNL) is a leisure travel company headquartered in Orlando, Florida, that specializes in vacation ownership, membership programs and branded travel experiences. The company operates an extensive portfolio of vacation clubs and destination services, offering members access to resorts, hotels, cruises and guided tours in markets around the world. Through its flagship membership brands, Travel + Leisure Co provides curated vacation packages, exchange services and unique travel itineraries that cater to both individual and family travelers.

In addition to its membership offerings, Travel + Leisure Co manages a network of resort properties and hospitality assets across North America, the Caribbean, Europe and Asia-Pacific.