Texas Pacific Land (NYSE:TPL) Shares Up 6.6% Following Earnings Beat

Texas Pacific Land Corporation (NYSE:TPL) traded up 6.6% during mid-day trading on Thursday following a stronger than expected earnings report. The company traded as high as $470.80 and last traded at $469.72. 334,377 shares were traded during mid-day trading, a decline of 23% from the average session volume of 436,164 shares. The stock had previously closed at $440.71.

The financial services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.06. Texas Pacific Land had a net margin of 61.68% and a return on equity of 38.15%. The business had revenue of $211.60 million for the quarter, compared to analysts’ expectations of $204.00 million.

Texas Pacific Land Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Texas Pacific Land’s previous quarterly dividend of $0.53. The ex-dividend date is Monday, March 2nd. Texas Pacific Land’s dividend payout ratio (DPR) is currently 30.87%.

More Texas Pacific Land News

Here are the key news stories impacting Texas Pacific Land this week:

• Positive Sentiment: Q4 results beat expectations: EPS $1.79 vs. $1.73 est; revenue $211.6M vs. $204M est; very high net margin (~61.7%) and ROE (~38%). Those numbers and the company’s strong margins are the primary near-term catalyst. Earnings Snapshot
• Positive Sentiment: Company framed the quarter as record results and flagged strategic expansion (growth in Permian-related land/royalty and related activities), supporting a constructive outlook on cash flow and reserves. Record Results & Strategic Expansion
• Positive Sentiment: Dividend increase: TPL raised its quarterly payout to $0.60 (12.5% rise vs prior $0.53), ex-dividend on March 2, payable March 16 — raises steady income profile though yield remains modest (~0.5%).
• Positive Sentiment: Analyst/composite-rating improvement noted in recent coverage, which can attract more investor interest and validate the company’s execution. Rating Upgrade
• Neutral Sentiment: The full earnings call transcript and slide deck are available for details on guidance, capital allocation and water/office initiatives — useful for deep-dive investors but not new headline news. Earnings Call Transcript
• Neutral Sentiment: Company invited shareholders to an office and water field visit in Midland — signals emphasis on water infrastructure and investor engagement, but not immediately market-moving. Shareholder Field Visit
• Negative Sentiment: Some coverage raises caution about an industry pivot (energy firms exploring AI-related investment) and whether that mix will pressure future royalty/land-related earnings — worth monitoring as a potential headwind to growth expectations. Earnings Test / AI Pivot

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TPL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Texas Pacific Land in a report on Monday, December 29th. KeyCorp set a $350.00 price objective on shares of Texas Pacific Land and gave the stock an “overweight” rating in a research note on Monday, December 1st. Finally, Zacks Research raised shares of Texas Pacific Land to a “hold” rating in a report on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $350.00.

Hedge Funds Weigh In On Texas Pacific Land

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Horizon Kinetics Asset Management LLC raised its stake in shares of Texas Pacific Land by 194.9% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 10,333,762 shares of the financial services provider’s stock valued at $2,968,063,000 after purchasing an additional 6,829,070 shares during the period. Vanguard Group Inc. grew its holdings in shares of Texas Pacific Land by 192.8% during the fourth quarter. Vanguard Group Inc. now owns 7,556,966 shares of the financial services provider’s stock worth $2,170,512,000 after buying an additional 4,975,738 shares in the last quarter. State Street Corp raised its position in Texas Pacific Land by 206.8% in the 4th quarter. State Street Corp now owns 3,587,004 shares of the financial services provider’s stock valued at $1,030,259,000 after buying an additional 2,417,705 shares during the last quarter. Geode Capital Management LLC lifted its stake in Texas Pacific Land by 203.7% in the 4th quarter. Geode Capital Management LLC now owns 1,759,107 shares of the financial services provider’s stock valued at $503,581,000 after acquiring an additional 1,179,788 shares in the last quarter. Finally, SoftVest Advisors LLC lifted its stake in Texas Pacific Land by 200.0% in the 4th quarter. SoftVest Advisors LLC now owns 1,180,800 shares of the financial services provider’s stock valued at $339,149,000 after acquiring an additional 787,200 shares in the last quarter. 59.94% of the stock is owned by institutional investors.

Texas Pacific Land Stock Performance

The stock has a market cap of $32.75 billion, a price-to-earnings ratio of 68.81 and a beta of 0.95. The business has a 50-day simple moving average of $331.79 and a two-hundred day simple moving average of $315.53.

About Texas Pacific Land

Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.

The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.