Travel + Leisure Co (TNL)

• Market cap: $3.68B
• 1 day: -3.47%
• 5 days: -2.61%
• 1 month: 3.28%
• 3 months: 1.81%
• 6 months: 28.32%
• Year to date: 10.48%
• 1 year: 26.35%
• 5 years: 13.46%
• 10 years: 12.53%
• Sector: Consumer Discretionary
• Industry: Hotels & Motels

About: Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts, and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. The majority of the revenue is earned from the United States.

Employees: 19,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

415% more call options, than puts

Call options by funds: $8.54M | Put options by funds: $1.66M

50% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 42

19% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 115

6% more capital invested

Capital invested by funds: $2.69B [Q3] → $2.85B (+$161M) [Q4]

3% more funds holding

Funds holding: 366 [Q3] → 376 (+10) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]

1.0% less ownership

Funds ownership: 83.56% [Q3] → 82.56% (-1.0%) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $54 2% downside
• Avg. target: $62 12% upside
• High target: $67 22% upside

8 analyst ratings

• positive: 5 63%
• neutral: 2 25%
• negative: 1 13%

Barclays Brandt Montour 65% 1-year accuracy 53 / 81 met price target	2% downside $54	Underweight Maintained	20 Feb 2025
Mizuho Ben Chaiken 63% 1-year accuracy 40 / 64 met price target	16% upside $64	Neutral Reiterated	20 Feb 2025
B of A Securities Dany Asad 100% 1-year accuracy 1 / 1 met price target	9% upside $60	Buy Upgraded	27 Jan 2025
Morgan Stanley Stephen Grambling 60% 1-year accuracy 15 / 25 met price target	22% upside $67	Overweight Initiated	6 Jan 2025
JP Morgan Joseph Greff 42% 1-year accuracy 11 / 26 met price target	14% upside $63	Overweight Maintained	13 Dec 2024