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Texas Pacific Land Corporation $TPL Shares Bought by 1900 Wealth Management LLC
1900 Wealth Management LLC significantly increased its stake in Texas Pacific Land Corporation (NYSE: TPL) by 200% in Q4, acquiring an additional 11,622 shares, bringing its total holdings to 17,433 shares valued at approximately $5.01 million. This comes after TPL reported strong Q4 earnings, beating estimates with $1.79 EPS and $211.6 million in revenue, and increased its quarterly dividend. Analysts currently rate the stock as a “Hold” with an average target price of $639, while institutional investors own about 59.94% and insiders hold 6.90%, with recent insider transactions including a sale by the CAO and a purchase by a director.