Janus Henderson Group PLC Reduces Stock Holdings in Texas Pacific Land Corporation $TPL

Janus Henderson Group PLC lowered its holdings in Texas Pacific Land Corporation (NYSE:TPL) by 20.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,140 shares of the financial services provider’s stock after selling 2,607 shares during the quarter. Janus Henderson Group PLC’s holdings in Texas Pacific Land were worth $4,812,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 12 shares during the last quarter. Sei Investments Co. raised its stake in shares of Texas Pacific Land by 1.1% during the 3rd quarter. Sei Investments Co. now owns 1,909 shares of the financial services provider’s stock valued at $1,782,000 after buying an additional 20 shares during the last quarter. Larson Financial Group LLC raised its stake in shares of Texas Pacific Land by 5.4% during the 3rd quarter. Larson Financial Group LLC now owns 410 shares of the financial services provider’s stock valued at $383,000 after buying an additional 21 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Texas Pacific Land by 1.3% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,916 shares of the financial services provider’s stock valued at $1,789,000 after buying an additional 24 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of Texas Pacific Land by 0.5% in the 3rd quarter. Van ECK Associates Corp now owns 4,685 shares of the financial services provider’s stock valued at $4,374,000 after buying an additional 24 shares during the period. Hedge funds and other institutional investors own 59.94% of the company’s stock.

Key Headlines Impacting Texas Pacific Land

Here are the key news stories impacting Texas Pacific Land this week:

• Positive Sentiment: TPL reported record second-quarter revenue of $246.1 million, net income of $153.9 million and free cash flow of $155.5 million. Earnings of $2.23 per share exceeded the consensus estimate of $2.18 and rose from $1.68 a year earlier. Texas Pacific Land Corporation Announces Second Quarter Results
• Positive Sentiment: Oil and gas royalty revenue increased sequentially, supported by higher royalty production and stronger realized pricing. Management also highlighted a strategic growth pivot involving data centers, power generation and produced-water infrastructure. Texas Pacific Land Earnings Call Signals Growth Pivot
• Positive Sentiment: The company declared a quarterly dividend of $0.60 per share, payable September 15 to shareholders of record September 1, providing continued income support for investors. Texas Pacific Land Dividend and Results
• Neutral Sentiment: TPL is commissioning a produced-water desalination facility in Orla, Texas and made $110.2 million of land acquisitions tied to data-center and power-generation initiatives. These investments could diversify future revenue but may require substantial capital before producing meaningful returns. TPL Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue fell short of the approximately $249.5 million analyst estimate, even though earnings beat expectations. Investors also noted that water-sales revenue declined to $39.7 million from $46.9 million in the prior quarter as volumes dropped. Texas Pacific Land Falls After Q2 Report
• Negative Sentiment: The sell-the-news reaction reflects elevated expectations for TPL’s premium-valued stock. Management cautioned that commodity prices and customers’ development decisions directly affect revenue, adding uncertainty to forward results.

Insider Buying and Selling at Texas Pacific Land

In related news, CFO Chris Steddum sold 3,170 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $400.25, for a total value of $1,268,792.50. Following the transaction, the chief financial officer directly owned 12,870 shares of the company’s stock, valued at approximately $5,151,217.50. This trade represents a 19.76% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through 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 company insiders.

Texas Pacific Land Trading Down 6.6%

Shares of TPL stock opened at $356.66 on Friday. Texas Pacific Land Corporation has a 12-month low of $269.23 and a 12-month high of $547.20. The business’s 50 day moving average is $393.65 and its two-hundred day moving average is $422.29. The company has a market capitalization of $24.60 billion, a P/E ratio of 45.45 and a beta of 0.60.

Texas Pacific Land (NYSE:TPL) last announced its earnings results on Wednesday, August 5th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.18 by $0.05. The firm 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 37.06% and a net margin of 60.32%. On average, research analysts predict that Texas Pacific Land Corporation will post 8.88 earnings per share for the current fiscal year.

Texas Pacific Land Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.60 per share. 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 payout ratio is currently 30.57%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on TPL shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Texas Pacific Land in a report on Wednesday, July 29th. Zacks Research raised Texas Pacific Land from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Texas Pacific Land currently has an average rating of “Hold” and a consensus target price of $639.00.

Texas Pacific Land Company Profile

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.