Erik Hoag Purchases 1,000 Shares of Travel + Leisure (NYSE:TNL) Stock

April 24, 2026 by InsiderTrades.com

Key Points

CFO Erik Hoag purchased 1,000 shares on April 23 at an average price of $65.67 (total ~$65,670), an insider buy that can be read as a signal of management confidence in the stock.
Travel + Leisure beat Q1 estimates with $1.45 EPS versus a $1.31 consensus and $961M in revenue (up 2.9% year-over-year), and the company raised its quarterly dividend to $0.60 (annualized $2.40, ~3.7% yield).
Analysts hold a Moderate Buy consensus with an average price target of $85.20 (8 Buys, 3 Holds), and institutional/hedge fund ownership is high at about 87.5%, reflecting strong institutional interest.

Travel + Leisure Co. (NYSE:TNL - Get Free Report) CFO Erik Hoag bought 1,000 shares of the firm's stock in a transaction that occurred on Thursday, April 23rd. The shares were acquired at an average price of $65.67 per share, with a total value of $65,670.00. Following the purchase, the chief financial officer owned 1,000 shares of the company's stock, valued at $65,670. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Travel + Leisure Price Performance

Shares of TNL opened at $65.21 on Friday. Travel + Leisure Co. has a 1-year low of $42.40 and a 1-year high of $81.00. The stock has a market cap of $4.07 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 0.50 and a beta of 1.32. The firm has a fifty day moving average price of $72.64 and a 200 day moving average price of $69.58.

Travel + Leisure (NYSE:TNL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.14. Travel + Leisure had a negative return on equity of 48.06% and a net margin of 5.85%.The business had revenue of $961.00 million during the quarter, compared to the consensus estimate of $954.81 million. During the same period in the prior year, the company earned $1.11 earnings per share. The company's revenue was up 2.9% compared to the same quarter last year. As a group, equities analysts expect that Travel + Leisure Co. will post 7.41 EPS for the current fiscal year.

Travel + Leisure Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 20th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $2.40 annualized dividend and a yield of 3.7%. This is a boost from Travel + Leisure's previous quarterly dividend of $0.56. Travel + Leisure's dividend payout ratio (DPR) is currently 67.42%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on TNL shares. Citigroup reiterated an "outperform" rating on shares of Travel + Leisure in a research note on Thursday, February 19th. Oppenheimer restated an "outperform" rating and set a $85.00 price target on shares of Travel + Leisure in a research note on Wednesday, February 18th. Citizens Jmp lifted their price objective on shares of Travel + Leisure from $80.00 to $90.00 and gave the company a "market outperform" rating in a research report on Thursday, February 19th. Morgan Stanley boosted their price objective on shares of Travel + Leisure from $68.00 to $80.00 and gave the company an "overweight" rating in a research note on Friday, January 16th. Finally, Barclays cut their price objective on shares of Travel + Leisure from $78.00 to $74.00 and set an "equal weight" rating for the company in a research report on Thursday. Eight research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $85.20.

Check Out Our Latest Stock Analysis on Travel + Leisure

Hedge Funds Weigh In On Travel + Leisure

Hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new stake in Travel + Leisure during the fourth quarter worth $62,162,000. AQR Capital Management LLC increased 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 buying an additional 855,151 shares in the last quarter. Truist Financial Corp acquired a new position in shares of Travel + Leisure during the 3rd quarter worth $38,959,000. Jupiter Asset Management Ltd. raised its stake in shares of Travel + Leisure by 13,198.4% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 521,031 shares of the company's stock worth $30,996,000 after buying an additional 517,113 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Travel + Leisure by 231.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 691,599 shares of the company's stock worth $41,143,000 after buying an additional 482,731 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

Travel + Leisure News Summary

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

Positive Sentiment: Q1 beat — TNL reported $1.45 EPS versus ~$1.31 consensus and ~$961M revenue, showing modest top- and bottom-line outperformance and year-over-year improvement; the print and prepared remarks were cited as generally upbeat. Travel + Leisure Co. Reports First Quarter 2026 Results
Positive Sentiment: Earnings call tone — Management signaled confidence on the conference call, reiterating guidance and emphasizing capital returns (dividend + buybacks) and underwriting strength, which supports longer-term cash flow visibility. Travel + Leisure Co. Signals Confident Earnings Outlook
Positive Sentiment: Insider buy — CFO Erik D. Hoag purchased 1,000 shares at about $65.67, a small but timely insider purchase that can be interpreted as management confidence in the stock at current levels. SEC Form 4: Erik D. Hoag
Neutral Sentiment: Analyst update — Mizuho trimmed its price target slightly from $107 to $105 but maintained an "outperform" rating, leaving a sizeable upside vs. current trading — a mixed signal (downgrade in target magnitude but continued bullish stance). Benzinga
Negative Sentiment: Delinquency concerns driving sell-off — Media coverage flagged early-stage delinquencies in recent loan vintages; even though analysts point to strong underwriting and high FICO scores, the delinquency headlines appear to have prompted the bulk of today’s downside and higher volume. Travel + Leisure: Delinquency Fears Appear Overdone

About Travel + Leisure

(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.