Cigna earnings beat by $0.04, revenue topped estimates
Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp (NYSE:TPL), acquired one share of common stock in Texas Pacific Land, valued at $980. The company, currently valued at $22.6 billion, maintains a GREAT financial health score according to InvestingPro analysis, with impressive gross profit margins of 93.5%.
The transaction, which took place on July 28, 2025, involved the purchase of one share at a price of $980.04. Following this transaction, Horizon Kinetics Asset Management LLC directly owns 1,163,962 shares of Texas Pacific Land Corp. The stock, which has maintained dividend payments for 12 consecutive years, currently trades between its 52-week range of $736.75 to $1,769.14.
The purchase was detailed in a Form 4 filing with the Securities and Exchange Commission. For deeper insights into TPL’s valuation metrics and 13 additional key investment tips, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Texas Pacific Land Corporation reported its first-quarter earnings for 2025, which showed a slight miss on revenue expectations. The company posted earnings per share of $5.24, just below the forecasted $5.27. Revenue was reported at $196 million, falling short of the anticipated $228 million. In addition to the earnings report, Texas Pacific Land Trust ’s stock rating was upgraded from Hold to Buy by Texas Capital Securities. The price target was raised to $1,280.00 from $1,240.00. This upgrade followed meetings between Texas Capital Securities and Texas Pacific Land’s management team, including the CEO, CFO, and VP of Finance and Investor Relations. These recent developments provide investors with key insights into the company’s financial performance and market perception.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.