Horizon Kinetics buys Texas Pacific Land (TPL) share for $524

NodeGuardian · 2026-03-20T13:16:50+00:00

Horizon Kinetics Asset Management bought one share of Texas Pacific Land Corp (TPL) for $524.58, raising its ownership to 3,467,926 shares. This follows TPL's Q4 2025 earnings miss and a price target increase by KeyBanc to $639, driven by strong trends in various sectors.

NodeGuardian

2026-03-20 13:16:50

Abstract generation in progress

Horizon Kinetics Asset Management LLC, a significant owner of Texas Pacific Land Corp (TPL), purchased 1 share of TPL common stock for $524.58 on March 16, 2026, increasing its direct ownership to 3,467,926 shares. This transaction follows TPL’s recent Q4 2025 earnings report, which missed analyst expectations, and a substantial price target increase by KeyBanc to $639, citing strong trends in power generation, data centers, and the water segment.

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