Man Group plc Acquires Shares of 10,276 Texas Pacific Land Corporation $TPL

Posted by George Bondi on Aug 31st, 2026

Man Group plc purchased a new position in shares of Texas Pacific Land Corporation (NYSE:TPL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,276 shares of the financial services provider’s stock, valued at approximately $4,497,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of TPL. Summit Securities Group LLC boosted its position in shares of Texas Pacific Land by 171.9% in the 4th quarter. Summit Securities Group LLC now owns 87 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 55 shares in the last quarter. IFP Advisors Inc increased its holdings in Texas Pacific Land by 185.3% in the 4th quarter. IFP Advisors Inc now owns 97 shares of the financial services provider’s stock worth $28,000 after buying an additional 63 shares during the period. Quarry LP purchased a new position in shares of Texas Pacific Land during the third quarter worth $29,000. Los Angeles Capital Management LLC acquired 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.

Analysts Set New Price Targets

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

View Our Latest Analysis on TPL

Texas Pacific Land Price Performance

TPL stock opened at $364.29 on Monday. Texas Pacific Land Corporation has a 1 year low of $269.23 and a 1 year high of $547.20. The firm has a market capitalization of $25.13 billion, a PE ratio of 46.43 and a beta of 0.60. The business has a 50 day simple moving average of $389.35 and a 200-day simple moving average of $424.08.

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 analysts’ consensus estimates of $2.18 by $0.05. The company had revenue of $246.10 million for the quarter, compared to analyst estimates of $249.50 million. Texas Pacific Land had a return on equity of 35.76% and a net margin of 60.32%. On average, equities research analysts expect that Texas Pacific Land Corporation will post 8.88 EPS for the current year.

Texas Pacific Land Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.7%. Texas Pacific Land’s dividend payout ratio is currently 30.57%.

Insider Activity

In other Texas Pacific Land news, CFO Chris Steddum sold 830 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $400.33, for a total value of $332,273.90. Following the transaction, the chief financial officer directly owned 12,040 shares in the company, valued at $4,819,973.20. The trade was a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 6.90% of the company’s stock.

Texas Pacific Land Company 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.