Copeland Capital Management LLC Has $78.73 Million Position in Travel + Leisure Co. $TNL
by Teresa Graham · The Cerbat GemCopeland Capital Management LLC decreased its position in shares of Travel + Leisure Co. (NYSE:TNL – Free Report) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,116,306 shares of the company’s stock after selling 59,206 shares during the quarter. Travel + Leisure accounts for approximately 1.8% of Copeland Capital Management LLC’s investment portfolio, making the stock its 6th largest position. Copeland Capital Management LLC owned 1.74% of Travel + Leisure worth $78,733,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of TNL. Royal Bank of Canada lifted its position in Travel + Leisure by 42.0% during the first quarter. Royal Bank of Canada now owns 91,184 shares of the company’s stock worth $4,222,000 after purchasing an additional 26,965 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Travel + Leisure during the first quarter worth about $396,000. Millennium Management LLC lifted its position in Travel + Leisure by 129.5% during the first quarter. Millennium Management LLC now owns 413,505 shares of the company’s stock worth $19,141,000 after purchasing an additional 233,345 shares during the period. Goldman Sachs Group Inc. lifted its position in Travel + Leisure by 97.1% during the first quarter. Goldman Sachs Group Inc. now owns 200,286 shares of the company’s stock worth $9,271,000 after purchasing an additional 98,647 shares during the period. Finally, United Services Automobile Association bought a new stake in Travel + Leisure during the first quarter worth about $206,000. Institutional investors own 87.54% of the company’s stock.
More Travel + Leisure News
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
Insider Transactions at Travel + Leisure
In other news, Director George Herrera sold 1,748 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $70.31, for a total value of $122,901.88. Following the completion of the transaction, the director owned 1,853 shares of the company’s stock, valued at $130,284.43. This represents a 48.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Michael Dean Brown sold 66,860 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $74.03, for a total value of $4,949,645.80. Following the completion of the transaction, the insider directly owned 427,821 shares of the company’s stock, valued at $31,671,588.63. This represents a 13.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 121,738 shares of company stock worth $9,136,054. 4.01% of the stock is owned by corporate insiders.
Travel + Leisure Trading Down 0.9%
TNL stock opened at $65.21 on Friday. The stock has a market capitalization of $4.07 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 0.50 and a beta of 1.32. Travel + Leisure Co. has a 12 month low of $42.40 and a 12 month high of $81.00. The firm has a 50-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 earnings results on Wednesday, April 22nd. The company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.14. The firm had revenue of $961.00 million during the quarter, compared to analysts’ expectations of $954.81 million. Travel + Leisure had a net margin of 5.85% and a negative return on equity of 48.06%. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.11 earnings per share. As a group, equities analysts predict that Travel + Leisure Co. will post 7.41 EPS for the current fiscal year.
Travel + Leisure Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th were paid a $0.60 dividend. This is an increase from Travel + Leisure’s previous quarterly dividend of $0.56. This represents a $2.40 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, March 20th. Travel + Leisure’s payout ratio is currently 67.42%.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $90.00 price objective on shares of Travel + Leisure in a research report on Friday, February 20th. The Goldman Sachs Group increased their target price on shares of Travel + Leisure from $71.00 to $81.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Mizuho dropped their target price on shares of Travel + Leisure from $107.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday. Weiss Ratings cut shares of Travel + Leisure from a “buy (b)” rating to a “hold (c+)” rating in a report on Friday, February 20th. Finally, Wall Street Zen raised shares of Travel + Leisure from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Travel + Leisure presently has a consensus rating of “Moderate Buy” and an average price target of $85.20.
Travel + Leisure Company Profile
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.