Cross Timbers Royalty Trust (NYSE:CRT) Major Shareholder Eric Oliver Purchases 8,542 Shares

Posted by George Bondi on May 13th, 2026

Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) major shareholder Eric Oliver purchased 8,542 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $10.61 per share, with a total value of $90,630.62. Following the acquisition, the insider directly owned 799,647 shares of the company’s stock, valued at $8,484,254.67. This represents a 1.08% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Cross Timbers Royalty Trust Trading Up 1.8%

Cross Timbers Royalty Trust stock traded up $0.20 during trading on Wednesday, hitting $10.79. 23,836 shares of the company were exchanged, compared to its average volume of 37,096. The business’s 50 day moving average is $10.26 and its 200 day moving average is $9.01. Cross Timbers Royalty Trust has a 52 week low of $7.07 and a 52 week high of $11.10. The company has a market capitalization of $64.71 million, a P/E ratio of 14.19 and a beta of -0.02.

Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) last announced its quarterly earnings results on Friday, March 27th. The oil and gas company reported $0.23 earnings per share (EPS) for the quarter. Cross Timbers Royalty Trust had a return on equity of 198.98% and a net margin of 77.77%.The business had revenue of $1.64 million during the quarter.

Cross Timbers Royalty Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th will be given a $0.0697 dividend. This is an increase from Cross Timbers Royalty Trust’s previous monthly dividend of $0.00. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Thursday, April 30th. Cross Timbers Royalty Trust’s payout ratio is presently 109.21%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Susquehanna International Group LLP purchased a new position in Cross Timbers Royalty Trust in the third quarter worth $212,000. Welch Group LLC purchased a new position in Cross Timbers Royalty Trust in the first quarter worth $157,000. O Shaughnessy Asset Management LLC boosted its position in Cross Timbers Royalty Trust by 23.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,030 shares of the oil and gas company’s stock worth $112,000 after purchasing an additional 2,651 shares during the last quarter. Ritholtz Wealth Management purchased a new position in Cross Timbers Royalty Trust in the first quarter worth $112,000. Finally, Bank of America Corp DE lifted its position in shares of Cross Timbers Royalty Trust by 81.3% during the 2nd quarter. Bank of America Corp DE now owns 3,596 shares of the oil and gas company’s stock valued at $36,000 after buying an additional 1,612 shares during the last quarter. Hedge funds and other institutional investors own 9.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Cross Timbers Royalty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

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Cross Timbers Royalty Trust Company Profile

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Cross Timbers Royalty Trust (NYSE:CRT) is a Delaware statutory trust that holds royalty interests in a portfolio of onshore oil and natural gas properties. The trust was established in June 2005 through a contribution of assets by Chesapeake Energy Corporation. It earns revenue by collecting overriding royalty and net profit interests carved out of producing leases and then distributing those receipts to its unitholders on a quarterly basis.

The underlying assets of the trust consist primarily of oil, natural gas and natural gas liquids reserves located in several Texas counties, including Erath, Stephens, Comanche and Palo Pinto.