Rep. Lisa C. McClain Purchases Shares of Texas Pacific Land Corporation (NYSE:TPL)

Key Points

• Representative Lisa C. McClain purchased shares of Texas Pacific Land Corporation (NYSE:TPL) worth between $1,001 and $15,000 on July 22.
• Texas Pacific Land reported a missed earnings estimate with $5.05 earnings per share for the quarter, below the consensus of $5.48.
• The company announced a quarterly dividend of $1.60 per share, payable on September 16, representing an annualized yield of 0.7%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Texas Pacific Land Corporation NYSE: TPL. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Texas Pacific Land stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Texas Pacific Land Stock Performance

Shares of NYSE:TPL traded up $11.60 on Monday, hitting $893.75. 124,255 shares of the company's stock were exchanged, compared to its average volume of 171,697. The firm's 50-day moving average is $1,004.09 and its 200 day moving average is $1,199.50. The company has a market capitalization of $20.55 billion, a PE ratio of 44.55 and a beta of 1.14. Texas Pacific Land Corporation has a 1-year low of $766.51 and a 1-year high of $1,769.14.

Texas Pacific Land (NYSE:TPL - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $5.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.48 by ($0.43). The business had revenue of $187.54 million for the quarter, compared to analyst estimates of $198.00 million. Texas Pacific Land had a return on equity of 39.47% and a net margin of 62.16%.

Texas Pacific Land Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 2nd. Texas Pacific Land's dividend payout ratio is currently 31.90%.

Insider Buying and Selling

In related news, Director Eric L. Oliver acquired 100 shares of Texas Pacific Land stock in a transaction on Thursday, August 14th. The stock was purchased at an average cost of $915.00 per share, with a total value of $91,500.00. Following the purchase, the director directly owned 393,400 shares in the company, valued at approximately $359,961,000. The trade was a 0.03% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders purchased 250 shares of company stock worth $264,535. 6.50% of the stock is owned by corporate insiders.

Institutional Trading of Texas Pacific Land

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Texas Pacific Land by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 2,466,123 shares of the financial services provider's stock valued at $3,267,588,000 after purchasing an additional 115,743 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Texas Pacific Land by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 605,760 shares of the financial services provider's stock valued at $648,866,000 after purchasing an additional 22,796 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Texas Pacific Land by 241,048.0% in the 1st quarter. GAMMA Investing LLC now owns 361,722 shares of the financial services provider's stock valued at $479,278,000 after purchasing an additional 361,572 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Texas Pacific Land by 21.8% in the 4th quarter. Northern Trust Corp now owns 224,768 shares of the financial services provider's stock valued at $248,584,000 after purchasing an additional 40,185 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Texas Pacific Land by 0.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 184,205 shares of the financial services provider's stock valued at $194,592,000 after purchasing an additional 720 shares during the last quarter. 59.94% of the stock is owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Texas Pacific Land Company Profile

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.