Legal & General Group Plc Acquires Shares of 79,617 Travel + Leisure Co. $TNL

Posted by Brian Himes on Sep 3rd, 2026

Legal & General Group Plc bought a new position in Travel + Leisure Co. (NYSE:TNL – Free Report) in the second quarter, HoldingsChannel.com reports. The fund bought 79,617 shares of the company’s stock, valued at approximately $6,085,000.

A number of other large investors also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Travel + Leisure during the second quarter valued at approximately $543,957,000. Norges Bank bought a new position in Travel + Leisure in the 4th quarter worth approximately $62,162,000. AQR Capital Management LLC raised its position in Travel + Leisure by 46.8% in the 2nd quarter. AQR Capital Management LLC now owns 2,682,604 shares of the company’s stock worth $138,449,000 after purchasing an additional 855,151 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Travel + Leisure during the 2nd quarter worth $55,087,000. Finally, Gotham Asset Management LLC boosted its position in Travel + Leisure by 139.2% in the 4th quarter. Gotham Asset Management LLC now owns 631,336 shares of the company’s stock valued at $44,528,000 after buying an additional 367,356 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Geoffrey Richards sold 33,744 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $75.65, for a total value of $2,552,733.60. Following the completion of the sale, the insider directly owned 1,600 shares of the company’s stock, valued at $121,040. This represents a 95.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Kimberly Marshall sold 32,691 shares of the stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $75.00, for a total transaction of $2,451,825.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,135 shares of company stock worth $6,541,139 in the last ninety days. 4.01% of the stock is currently owned by corporate insiders.

Travel + Leisure Stock Performance

TNL opened at $67.21 on Thursday. The company has a fifty day moving average price of $74.34 and a two-hundred day moving average price of $72.03. The firm has a market capitalization of $4.11 billion, a PE ratio of 18.36, a P/E/G ratio of 0.45 and a beta of 1.15. Travel + Leisure Co. has a 52 week low of $58.07 and a 52 week high of $81.00.

Travel + Leisure (NYSE:TNL – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $1.88 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.88. Travel + Leisure had a negative return on equity of 46.91% and a net margin of 5.81%.The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the business posted $1.65 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. Equities analysts forecast that Travel + Leisure Co. will post 7.7 EPS for the current year.

Travel + Leisure Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $2.40 annualized dividend and a yield of 3.6%. Travel + Leisure’s dividend payout ratio is presently 65.57%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TNL shares. The Goldman Sachs Group raised Travel + Leisure from a “neutral” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Monday, June 1st. Susquehanna assumed coverage on Travel + Leisure in a report on Tuesday, August 18th. They issued a “positive” rating and a $95.00 price target on the stock. Barclays lifted their price objective on Travel + Leisure from $74.00 to $77.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 23rd. Wells Fargo & Company boosted their price objective on Travel + Leisure from $87.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Travel + Leisure in a research report on Tuesday, July 21st. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.82.

Read Our Latest Stock Report on Travel + Leisure

About Travel + Leisure

(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.