W1M Asset Management Ltd Acquires Shares of 21,966 Texas Pacific Land Corporation $TPL

23 Aug 2026, 06:00 by Amy Steele · The Cerbat Gem

W1M Asset Management Ltd bought a new stake in Texas Pacific Land Corporation (NYSE:TPL – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,966 shares of the financial services provider’s stock, valued at approximately $9,610,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in TPL. Summit Securities Group LLC boosted its holdings in Texas Pacific Land by 171.9% in the fourth quarter. Summit Securities Group LLC now owns 87 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 55 shares during the last quarter. IFP Advisors Inc lifted its position in Texas Pacific Land by 185.3% during the 4th quarter. IFP Advisors Inc now owns 97 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 63 shares during the period. Quarry LP acquired a new position in Texas Pacific Land during the 3rd quarter valued at about $29,000. Los Angeles Capital Management LLC bought a new position in shares of Texas Pacific Land in the 4th quarter valued at about $31,000. Finally, Silicon Valley Capital Partners acquired a new stake in shares of Texas Pacific Land during the 3rd quarter worth approximately $33,000. Institutional investors own 59.94% of the company’s stock.

Insider Activity

In other news, CFO Chris Steddum sold 3,170 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $400.25, for a total value of $1,268,792.50. Following the completion of the transaction, the chief financial officer owned 12,870 shares of the company’s stock, valued at $5,151,217.50. The trade was a 19.76% decrease in their position. The sale was disclosed in a 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 owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. 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 reaffirmed a “hold (c+)” rating on shares of Texas Pacific Land in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $639.00.

Read Our Latest Report on TPL

Texas Pacific Land Price Performance

Shares of TPL stock opened at $384.52 on Friday. The stock has a market cap of $26.52 billion, a PE ratio of 49.00 and a beta of 0.60. The stock has a 50-day moving average of $388.01 and a 200-day moving average of $422.90. Texas Pacific Land Corporation has a one year low of $269.23 and a one year high of $547.20.

Texas Pacific Land (NYSE:TPL – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $2.23 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.05. The business had revenue of $246.10 million for the quarter, compared to analyst estimates of $249.50 million. Texas Pacific Land had a net margin of 60.32% and a return on equity of 35.76%. As a group, research analysts anticipate that Texas Pacific Land Corporation will post 8.88 earnings per share for the current year.

Texas Pacific Land Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Texas Pacific Land’s dividend payout ratio (DPR) is currently 30.57%.

About Texas Pacific Land

(Free Report)

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.