Janus Henderson Group PLC Sells 2,607 Shares of Texas Pacific Land Corporation $TPL

Janus Henderson Group PLC decreased its stake in Texas Pacific Land Corporation (NYSE:TPL) by 20.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,140 shares of the financial services provider’s stock after selling 2,607 shares during the quarter. Janus Henderson Group PLC’s holdings in Texas Pacific Land were worth $4,812,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of TPL. EverSource Wealth Advisors LLC boosted its stake in Texas Pacific Land by 21.4% during the second quarter. EverSource Wealth Advisors LLC now owns 68 shares of the financial services provider’s stock worth $72,000 after buying an additional 12 shares during the period. Sei Investments Co. lifted its holdings in shares of Texas Pacific Land by 1.1% in the 3rd quarter. Sei Investments Co. now owns 1,909 shares of the financial services provider’s stock worth $1,782,000 after acquiring an additional 20 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Texas Pacific Land by 5.4% during the 3rd quarter. Larson Financial Group LLC now owns 410 shares of the financial services provider’s stock worth $383,000 after purchasing an additional 21 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Texas Pacific Land by 1.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,916 shares of the financial services provider’s stock valued at $1,789,000 after purchasing an additional 24 shares during the last quarter. Finally, Van ECK Associates Corp grew its holdings in Texas Pacific Land by 0.5% during the 3rd quarter. Van ECK Associates Corp now owns 4,685 shares of the financial services provider’s stock valued at $4,374,000 after purchasing an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 59.94% of the company’s stock.

Texas Pacific Land News Roundup

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

• Positive Sentiment: TPL reported record second-quarter revenue of $246.1 million, net income of $153.9 million and free cash flow of $155.5 million. Earnings of $2.23 per share exceeded the consensus estimate of $2.18 and rose from $1.68 a year earlier. Texas Pacific Land Corporation Announces Second Quarter Results
• Positive Sentiment: Oil and gas royalty revenue increased sequentially, supported by higher royalty production and stronger realized pricing. Management also highlighted a strategic growth pivot involving data centers, power generation and produced-water infrastructure. Texas Pacific Land Earnings Call Signals Growth Pivot
• Positive Sentiment: The company declared a quarterly dividend of $0.60 per share, payable September 15 to shareholders of record September 1, providing continued income support for investors. Texas Pacific Land Dividend and Results
• Neutral Sentiment: TPL is commissioning a produced-water desalination facility in Orla, Texas and made $110.2 million of land acquisitions tied to data-center and power-generation initiatives. These investments could diversify future revenue but may require substantial capital before producing meaningful returns. TPL Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue fell short of the approximately $249.5 million analyst estimate, even though earnings beat expectations. Investors also noted that water-sales revenue declined to $39.7 million from $46.9 million in the prior quarter as volumes dropped. Texas Pacific Land Falls After Q2 Report
• Negative Sentiment: The sell-the-news reaction reflects elevated expectations for TPL’s premium-valued stock. Management cautioned that commodity prices and customers’ development decisions directly affect revenue, adding uncertainty to forward results.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TPL. Zacks Research raised shares of Texas Pacific Land from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Texas Pacific Land in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Texas Pacific Land presently has an average rating of “Hold” and a consensus price target of $639.00.

Insider Activity

In related news, CFO Chris Steddum sold 3,170 shares of the company’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $400.25, for a total value of $1,268,792.50. Following the transaction, the chief financial officer directly owned 12,870 shares of the company’s stock, valued at $5,151,217.50. This represents a 19.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 6.90% of the stock is currently owned by insiders.

Texas Pacific Land Stock Performance

Shares of NYSE:TPL opened at $356.66 on Friday. The firm’s 50 day simple moving average is $393.65 and its 200-day simple moving average is $422.29. Texas Pacific Land Corporation has a one year low of $269.23 and a one year high of $547.20. The firm has a market cap of $24.60 billion, a PE ratio of 45.45 and a beta of 0.60.

Texas Pacific Land (NYSE:TPL) last released its earnings results on Wednesday, August 5th. The financial services provider reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $2.18 by $0.05. Texas Pacific Land had a net margin of 60.32% and a return on equity of 37.06%. The company had revenue of $246.10 million during the quarter, compared to analysts’ expectations of $249.50 million. Equities research analysts predict that Texas Pacific Land Corporation will post 8.88 EPS for the current fiscal year.

Texas Pacific Land Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.7%. Texas Pacific Land’s payout ratio is 30.57%.

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.