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Horizon Kinetics Asset Management LLC, a ten-percent owner in Texas Pacific Land Corp (NYSE:TPL), has reported purchasing 1 share of common stock in Texas Pacific Land Corp on October 23, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The share was bought at $939.12, for a total transaction value of $939. The transaction comes as TPL, a $21.6 billion market cap company, maintains impressive gross profit margins of 94.5% and trades near its 52-week low of $845.56. According to InvestingPro analysis, the company’s overall financial health is rated as GREAT.
Following the transaction, Horizon Kinetics Asset Management LLC directly owns 1,162,550 shares of Texas Pacific Land Corp. TPL has maintained dividend payments for 12 consecutive years, with a current dividend yield of 0.68%. For detailed insights and 13 additional exclusive ProTips about TPL, visit InvestingPro, where you’ll find comprehensive research reports and in-depth analysis.
In other recent news, Texas Pacific Land Corporation reported its Q2 2025 earnings, which fell short of analysts’ expectations. The company’s earnings per share (EPS) were $5.05, missing the anticipated $5.48, resulting in a 7.85% negative surprise. Additionally, revenue was reported at $187.54 million, which did not meet the projected $204 million, marking an 8.07% shortfall. Texas Pacific Land also announced it will dual list its common stock on the NYSE Texas exchange, maintaining its primary listing on the New York Stock Exchange. In another development, Texas Pacific Land board member Eric L. Oliver will not seek reelection at the 2025 annual meeting, although he will continue to serve until then. Meanwhile, Terra Property Trust, Inc. has outlined its strategy to repay its 6.00% and 7.00% Senior Notes due in 2026. The company plans to fund these repayments through various financial strategies, including asset sales and loan repayments. Terra Property Trust has adopted a conservative financing approach in response to challenges in the commercial real estate market and rising interest rates.
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