Capstone Capital Management Ltd Acquires New Stake in Texas Pacific Land Corporation $TPL

Posted by Geri Gentry on May 19th, 2026

Capstone Capital Management Ltd acquired a new stake in Texas Pacific Land Corporation (NYSE:TPL – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,625 shares of the financial services provider’s stock, valued at approximately $1,041,000. Texas Pacific Land comprises 1.0% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 18th largest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ProShare Advisors LLC boosted its holdings in Texas Pacific Land by 169.6% in the 4th quarter. ProShare Advisors LLC now owns 14,053 shares of the financial services provider’s stock valued at $4,036,000 after purchasing an additional 8,840 shares during the period. Radnor Capital Management LLC lifted its holdings in shares of Texas Pacific Land by 205.9% during the 4th quarter. Radnor Capital Management LLC now owns 3,870 shares of the financial services provider’s stock worth $1,112,000 after acquiring an additional 2,605 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Texas Pacific Land by 214.9% during the 4th quarter. HighTower Advisors LLC now owns 99,611 shares of the financial services provider’s stock worth $28,610,000 after acquiring an additional 67,980 shares during the last quarter. Watchman Group Inc. lifted its holdings in shares of Texas Pacific Land by 3,079.3% during the 4th quarter. Watchman Group Inc. now owns 8,584 shares of the financial services provider’s stock worth $2,465,000 after acquiring an additional 8,314 shares during the last quarter. Finally, VSM Wealth Advisory LLC lifted its holdings in shares of Texas Pacific Land by 200.0% during the 4th quarter. VSM Wealth Advisory LLC now owns 468 shares of the financial services provider’s stock worth $134,000 after acquiring an additional 312 shares during the last quarter. 59.94% of the stock is owned by institutional investors.

Texas Pacific Land Trading Up 0.4%

Shares of TPL stock opened at $386.78 on Tuesday. Texas Pacific Land Corporation has a 12 month low of $269.23 and a 12 month high of $547.20. The stock has a market cap of $26.68 billion, a PE ratio of 52.98 and a beta of 0.66. The company’s fifty day moving average price is $457.63 and its 200-day moving average price is $385.11.

Texas Pacific Land (NYSE:TPL – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.03 by $0.04. The company had revenue of $236.80 million for the quarter, compared to analysts’ expectations of $233.00 million. Texas Pacific Land had a net margin of 60.03% and a return on equity of 35.52%. On average, sell-side analysts forecast that Texas Pacific Land Corporation will post 9.27 earnings per share for the current fiscal year.

Texas Pacific Land Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.60 per share. The ex-dividend date is Monday, June 1st. This represents a $2.40 annualized dividend and a yield of 0.6%. Texas Pacific Land’s dividend payout ratio is currently 32.88%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TPL shares. Wall Street Zen upgraded shares of Texas Pacific Land from a “sell” rating to a “hold” rating in a research report on Sunday, March 15th. KeyCorp raised their target price on shares of Texas Pacific Land from $350.00 to $639.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Zacks Research upgraded Texas Pacific Land from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Finally, Weiss Ratings raised Texas Pacific Land from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $639.00.

Read Our Latest Stock Analysis on TPL

Insider Activity

In other Texas Pacific Land news, CAO Stephanie Buffington sold 1,608 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $503.00, for a total transaction of $808,824.00. Following the transaction, the chief accounting officer owned 2,133 shares in the company, valued at approximately $1,072,899. This represents a 42.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Donna E. Epps bought 895 shares of the stock in a transaction on Wednesday, February 25th. The shares were bought at an average price of $510.45 per share, for a total transaction of $456,852.75. Following the purchase, the director directly owned 2,921 shares in the company, valued at approximately $1,491,024.45. This trade represents a 44.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 6.90% of the stock is currently owned by corporate insiders.

Texas Pacific Land Profile

(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.

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.