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

Key Points

• Representative Lisa C. McClain sold shares of Texas Pacific Land Corporation, disclosing a sale of between $1,001 and $15,000 on August 13th.
• Texas Pacific Land's stock has seen a recent 2.0% increase, reaching $942.11, while also reporting quarterly earnings of $5.05 per share, which fell short of analyst expectations.
• The company declared a quarterly dividend of $1.60, providing an annualized yield of 0.7%, with the payment date set for September 16th for investors of record.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Texas Pacific Land Corporation NYSE: TPL. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Texas Pacific Land stock on August 13th. 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 $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Texas Pacific Land Trading Down 4.3%

NYSE:TPL traded down $39.65 during mid-day trading on Friday, hitting $873.62. The stock had a trading volume of 426,686 shares, compared to its average volume of 118,139. The stock has a 50-day simple moving average of $929.60 and a two-hundred day simple moving average of $1,127.43. The company has a market capitalization of $20.08 billion, a PE ratio of 43.55 and a beta of 1.19. Texas Pacific Land Corporation has a twelve month low of $845.56 and a twelve month 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 for the quarter, missing analysts' consensus estimates of $5.48 by ($0.43). Texas Pacific Land had a return on equity of 39.47% and a net margin of 62.16%.The company had revenue of $187.54 million for the quarter, compared to analyst estimates of $198.00 million.

Texas Pacific Land Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were 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 was Tuesday, September 2nd. Texas Pacific Land's dividend payout ratio is currently 31.90%.

Hedge Funds Weigh In On Texas Pacific Land

A number of institutional investors have recently modified their holdings of the business. Riversedge Advisors LLC boosted its position in shares of Texas Pacific Land by 2.2% during the 1st quarter. Riversedge Advisors LLC now owns 370 shares of the financial services provider's stock worth $490,000 after purchasing an additional 8 shares in the last quarter. Allworth Financial LP boosted its position in shares of Texas Pacific Land by 42.1% during the 1st quarter. Allworth Financial LP now owns 27 shares of the financial services provider's stock worth $36,000 after purchasing an additional 8 shares in the last quarter. Hemington Wealth Management boosted its position in shares of Texas Pacific Land by 66.7% during the 1st quarter. Hemington Wealth Management now owns 20 shares of the financial services provider's stock worth $26,000 after purchasing an additional 8 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Texas Pacific Land by 13.0% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 78 shares of the financial services provider's stock worth $103,000 after purchasing an additional 9 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Texas Pacific Land by 0.4% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 2,093 shares of the financial services provider's stock worth $2,773,000 after purchasing an additional 9 shares in the last quarter. 59.94% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Texas Pacific Land

In related news, Director Eric L. Oliver bought 100 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were bought at an average cost of $881.27 per share, for a total transaction of $88,127.00. Following the transaction, the director owned 393,600 shares of the company's stock, valued at approximately $346,867,872. This trade represents a 0.03% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders have acquired 220 shares of company stock worth $201,181. 6.50% of the stock is currently owned by insiders.

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.