PineStone Asset Management 13F: Exits WH Stake

PineStone Asset Management sold its entire position in Wyndham Hotels & Resorts, Inc. (NYSE: WH) in a filing on October 16, 2026. The fund cut its stake by 6,650 shares, leaving it with 0 shares after the transaction. This represents a 100% decrease in its holdings.

What Changed in PineStone Asset Management's Wyndham Position

PineStone Asset Management sold out of Wyndham, a move that reflects a strategic shift for the investor. With this sale, the fund has exited its position entirely after previously holding 6,650 shares.

Other Institutional Activity in Wyndham Hotels

Other institutional investors also adjusted their stakes in Wyndham. Blackrock Inc. grew its holdings by 30,971 shares, ending with 7,404,973 shares worth about $559.8 million. Morgan Stanley increased its position by 381,960 shares, bringing its total to 2,623,512 shares valued at approximately $198.3 million. However, T. Rowe Price Investment Management, Vanguard Portfolio Management LLC, and Vanguard Capital Management LLC reduced their stakes by 568,372, 126,733, and 124,123 shares respectively, signaling mixed sentiment among institutional investors.

Wyndham Hotels & Resorts, Inc. Stock Up 2.2%

Wyndham Hotels shares are currently trading around $77.02, which is 6.8% above its 50-day moving average but 14.8% below its 52-week high of $90.35. The stock's recent performance suggests volatility as it trades below its long-term averages.

Recent Earnings

For the trailing twelve months, Wyndham reported revenues of $1.42 billion and earnings per share of $2.76. The company's next earnings date is set for October 21, 2026. While revenue growth year-over-year is down by 5.5%, the firm's net margin stands at 14.6%, and it boasts a solid return on equity of 39.4%.

Dividend

Wyndham Hotels pays an annual dividend of $1.72 per share, translating to a yield of 2.28%. The company's dividend payout ratio is 60.9%, showing its commitment to returning value to shareholders.

Insider Buying and Selling at Wyndham Hotels & Resorts, Inc.

Insider trading has also been active, with several notable transactions. On May 7, Officer Nicola Rossi sold 7,055 shares at an average price of $85.19, totaling about $601,045. CEO Geoffrey Ballotti purchased 20,429 shares on June 15 at an average price of $65.21, valued at approximately $1.33 million. However, Ballotti also sold 19,414 shares on August 17 at a price of $72.71, valued around $1.41 million.

Analysts Set New Price Targets

Analysts remain optimistic about Wyndham's prospects. On October 14, Freedom Broker initiated coverage with a 'buy' rating and a price target of $88. On October 12, Morgan Stanley maintained its 'overweight' rating with a price target of $92, suggesting confidence in the stock's performance. The consensus among 18 analysts is a 'buy' rating with a mean price target of $96.22.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc. is the largest hotel franchising company in the world, with approximately 8,300 hotels across roughly 100 countries. It primarily serves the economy and midscale segments of the lodging industry, appealing to everyday travelers. This recent sale by PineStone aligns with broader trends observed in institutional trading patterns.

Bottom Line

Investors will be watching Wyndham closely as it approaches its earnings date on October 21, 2026, and to see how its stock responds to recent institutional trading activity. The recent filing reflects PineStone's prior holdings and may not represent its current position in the market.