Horizon Kinetics Asset Management LLC, identified in regulatory filings as owning roughly ten percent of Texas Pacific Land Corp (NYSE: TPL), reported buying a single share of the company on February 19, 2026. The purchase, disclosed on a Form 4 filed with the Securities and Exchange Commission, lists the per-share price at $469.18 and the aggregate transaction value at $469.
According to market data cited alongside the filing, TPL’s stock has since moved to $500.90, a level the report notes as trading about 1% below a cited 52-week high of $491.40. Year-to-date performance for the share price is listed at a 69% gain.
Following the lone-share acquisition, Horizon Kinetics is reported to directly hold 3,479,376 common shares of Texas Pacific Land Corp. Third-party analysis referenced in the filing indicates that, at current market levels, TPL appears overvalued relative to its Fair Value estimate. The analysis is available through a Pro Research Report that covers this security along with more than 1,400 additional U.S. equities.
Separately from the filing and valuation commentary, Texas Pacific Land Corporation released its fourth-quarter 2025 financial results. The company reported earnings per share of $1.79, below the analyst consensus of $1.83. Quarterly revenue came in at $212 million, narrowly missing the $214 million figure analysts had expected.
The quarter’s results and the InvestingPro valuation assessment are highlighted as focal points for investors. The report notes there were no announced mergers or acquisitions involving TPL during the period in question. Additionally, there have been no recent analyst upgrades or downgrades reported for the company’s stock. Market participants remain attentive to the company’s financial performance following the earnings shortfall.
Where available, investors can consult the referenced Pro Research Report for further valuation metrics and expanded analysis specific to TPL and other covered equities.