Transaction details
Horizon Kinetics Asset Management LLC, identified as a ten percent owner of Texas Pacific Land Corp (NYSE: TPL), disclosed the purchase of one share of TPL common stock on February 18, 2026. The trade was executed at a price of $435.13, producing a total transaction value recorded as $435. After the transaction Horizon Kinetics Asset Management LLC directly holds 3,479,375 shares of Texas Pacific Land Corp.
Quarterly results in brief
In separate reporting, Texas Pacific Land Corporation released its financial results for the fourth quarter of 2025. The company reported earnings per share of $1.79, compared with a projected $1.83. Revenue for the quarter was reported at $212 million, versus an expected $214 million. Both figures were thus modestly below the forecasted benchmarks.
Market context and investor attention
Those quarterly results have been a focal point for investors and analysts, who routinely review such metrics to evaluate a company's near-term performance and outlook. The earnings and revenue misses have generated discussion among market participants, with the company's financial report serving as a central item for stakeholder assessment.
What the filings show and limitations
The regulatory filing documents the minute purchase by Horizon Kinetics alongside the firm's larger ownership stake in TPL. The company-level disclosures show the quarter's revenue and EPS outcomes and note that both fell short of consensus expectations. Beyond these figures, the reports do not supply additional detail in this release about drivers of the shortfalls or forward-looking guidance.
Takeaway
The public record contains two linked items: a one-share acquisition by a significant shareholder that leaves its aggregate holding unchanged in magnitude, and a quarterly financial report in which Texas Pacific Land fell slightly below analyst estimates on both EPS and revenue for Q4 2025. Market participants continue to weigh these data points as they assess the company's recent performance.