Decatur Capital Management Inc. Buys New Stake in Texas Pacific Land Corporation $TPL

Posted by Brian Himes on Jul 23rd, 2026

Decatur Capital Management Inc. purchased a new position in shares of Texas Pacific Land Corporation (NYSE:TPL – Free Report) in the first quarter, HoldingsChannel reports. The institutional investor purchased 6,445 shares of the financial services provider’s stock, valued at approximately $3,059,000. Texas Pacific Land accounts for 1.4% of Decatur Capital Management Inc.’s portfolio, making the stock its 23rd largest position.

Several other large investors have also recently added to or reduced their stakes in TPL. Quarry LP purchased a new position in Texas Pacific Land in the third quarter valued at about $29,000. Silicon Valley Capital Partners acquired a new position in shares of Texas Pacific Land during the third quarter worth about $33,000. Triumph Capital Management purchased a new stake in shares of Texas Pacific Land in the third quarter worth about $36,000. MUFG Securities EMEA plc purchased a new stake in shares of Texas Pacific Land in the second quarter worth about $59,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Texas Pacific Land by 21.4% in the second quarter. EverSource Wealth Advisors LLC now owns 68 shares of the financial services provider’s stock valued at $72,000 after buying an additional 12 shares in the last quarter. 59.94% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TPL has been the topic of several analyst reports. Zacks Research downgraded Texas Pacific Land from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 30th. Weiss Ratings raised shares of Texas Pacific Land from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $639.00.

Get Our Latest Stock Analysis on Texas Pacific Land

Texas Pacific Land Price Performance

Shares of TPL stock opened at $433.75 on Thursday. The firm has a fifty day moving average of $393.83 and a two-hundred day moving average of $415.63. The firm has a market cap of $29.92 billion, a P/E ratio of 59.42 and a beta of 0.58. 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 – Get Free Report) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.04. Texas Pacific Land had a net margin of 60.03% and a return on equity of 35.52%. The business had revenue of $236.80 million for the quarter, compared to analyst estimates of $233.00 million. On average, sell-side analysts expect that Texas Pacific Land Corporation will post 8.88 EPS for the current year.

Texas Pacific Land Dividend Announcement

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

Insider Buying and Selling

In other Texas Pacific Land news, CFO Chris Steddum sold 3,170 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $400.25, for a total transaction of $1,268,792.50. Following the transaction, the chief financial officer owned 12,870 shares of the company’s stock, valued at $5,151,217.50. This trade represents a 19.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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.