MGO One Seven LLC Buys 29,763 Shares of Texas Pacific Land Corporation $TPL

MGO One Seven LLC lifted its stake in shares of Texas Pacific Land Corporation (NYSE:TPL) by 203.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 44,388 shares of the financial services provider’s stock after buying an additional 29,763 shares during the period. MGO One Seven LLC’s holdings in Texas Pacific Land were worth $12,749,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Bar Harbor Wealth Management raised its position in shares of Texas Pacific Land by 195.1% in the 4th quarter. Bar Harbor Wealth Management now owns 36,873 shares of the financial services provider’s stock valued at $10,591,000 after buying an additional 24,379 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Texas Pacific Land by 212.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 18,211 shares of the financial services provider’s stock worth $5,231,000 after acquiring an additional 12,390 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Texas Pacific Land by 192.8% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 133,731 shares of the financial services provider’s stock worth $38,410,000 after acquiring an additional 88,053 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Texas Pacific Land by 187.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 37,764 shares of the financial services provider’s stock valued at $11,095,000 after acquiring an additional 24,629 shares during the last quarter. Finally, New York State Teachers Retirement System increased its stake in Texas Pacific Land by 184.1% in the fourth quarter. New York State Teachers Retirement System now owns 38,841 shares of the financial services provider’s stock valued at $11,156,000 after acquiring an additional 25,170 shares during the last quarter. Institutional investors own 59.94% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Stephanie Buffington sold 1,608 shares of Texas Pacific Land stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $503.00, for a total transaction of $808,824.00. Following the sale, the chief accounting officer directly owned 2,133 shares of the company’s stock, valued at approximately $1,072,899. This trade represents a 42.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Donna E. Epps purchased 895 shares of Texas Pacific Land stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average price of $510.45 per share, for a total transaction of $456,852.75. Following the completion of the acquisition, the director owned 2,921 shares of the company’s stock, valued at approximately $1,491,024.45. The trade was a 44.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 6.90% of the company’s stock.

Texas Pacific Land Price Performance

TPL stock opened at $400.22 on Friday. The stock has a market cap of $27.59 billion, a price-to-earnings ratio of 54.82 and a beta of 0.66. The company has a 50 day simple moving average of $475.88 and a 200 day simple moving average of $381.04. Texas Pacific Land Corporation has a 1 year low of $269.23 and a 1 year high of $547.20.

Texas Pacific Land (NYSE:TPL) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.04. The firm had revenue of $236.80 million for the quarter, compared to analyst estimates of $233.00 million. Texas Pacific Land had a net margin of 60.03% and a return on equity of 36.71%. On average, equities research analysts anticipate that Texas Pacific Land Corporation will post 9.27 EPS for the current fiscal year.

Texas Pacific Land Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.40 annualized dividend and a dividend yield of 0.6%. Texas Pacific Land’s dividend payout ratio (DPR) is 34.38%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on TPL shares. Weiss Ratings upgraded Texas Pacific Land from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Zacks Research upgraded Texas Pacific Land from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. KeyCorp boosted their price target on Texas Pacific Land from $350.00 to $639.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Finally, Wall Street Zen upgraded Texas Pacific Land from a “sell” rating to a “hold” rating in a research report on Sunday, March 15th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $639.00.

Key Texas Pacific Land News

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

• Positive Sentiment: Q1 beat on the headline — TPL reported EPS of $2.07 vs. consensus $2.03 and revenue of $236.8M, with strong margins and ROE that reinforce the company’s cash-generative model. Zacks: TPL Beats Q1 Earnings
• Positive Sentiment: New produced-water desalination and structured land sale — TPL says a 10,000 bpd produced-water desalination facility should begin operating in the coming weeks and it signed a $43M land sale that will be paid over 20 years, adding a long‑dated revenue stream tied to water/mineral uses. MSN: Desalination facility & land sale
• Positive Sentiment: Governance/board developments — TPL announced a board agreement and added Peter Doyle to the board, which management says strengthens governance amid activist pressure and may reduce governance-related uncertainty. TipRanks: Board agreement & quarter
• Positive Sentiment: Dividend announced — TPL declared a $0.60 quarterly dividend (record June 1, payable June 15), reinforcing cash-return policy to shareholders. (Company release, May 5)
• Neutral Sentiment: Earnings call transcript now available — The Q1 call provides management commentary on water projects, land monetization and capital allocation; active investors will want to review for guidance and timing details. Seeking Alpha: Earnings Call Transcript
• Neutral Sentiment: Strategic opportunities flagged — Coverage pieces highlight potential for more data‑center and energy-related land deals to drive future growth; these are strategic positives but timing/scale remain uncertain. MSN: Data-center deals discussion
• Negative Sentiment: Some headlines flagged sales below estimates — at least one outlet emphasized sales came in below expectations, which can create near-term selling pressure and confusion despite the EPS beat. Yahoo Finance: Sales below estimates
• Negative Sentiment: Market reaction — coverage noting TPL “trades down” suggests investors are parsing the mix of deferred payments (20-year land sale), timing of water revenue, and any guidance nuances more cautiously, driving intraday share weakness. MSN: Why TPL trades down

Texas Pacific Land Profile

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.