Horizon Kinetics Asset Management LLC has reported a purchase of a single share of Texas Pacific Land Corp (NYSE: TPL), acquiring the share at a price of $341.94 on January 26, 2026. The transaction, filed on a Form 4 with the Securities and Exchange Commission, shows the firm — described in the filing as a ten percent owner of the company — now directly holds 3,487,699 shares of Texas Pacific Land.
The filing lists the total value of the purchase as $341 and confirms the trade was recorded on January 26, 2026. The disclosure provides a narrow slice of insider activity within a broader backdrop of corporate developments for Texas Pacific Land.
Recent company disclosures detail several notable developments. In its third quarter of fiscal 2025, Texas Pacific Land reported earnings per share of $5.27, below the $5.69 analysts had anticipated. Revenue for the quarter totaled $203 million, also short of the $210 million forecast.
Separately, Texas Pacific Land announced a strategic agreement with Bolt Data & Energy to develop large-scale data center campuses on parcels it controls in West Texas. As part of that arrangement, Texas Pacific Land will invest $50 million, an outlay that provides the company with an equity interest in the initiative and grants it a right of first refusal to supply water to projects affiliated with Bolt.
Corporate actions also include a three-for-one stock split set for December 22, 2025, with trading to reflect the split-adjusted share count starting the following day. In addition, KeyBanc has initiated coverage on Texas Pacific Land Trust with an Overweight rating, pointing to the company’s substantial landholdings and royalty interests in Texas as key attributes.
Taken together, these items - the Form 4 filing, the quarterly results, the Bolt partnership and the planned stock split - represent the latest public signals from Texas Pacific Land and its major stakeholders. The one-share purchase by a large holder is recorded in the public filing, while the company’s operating results and strategic moves outline the current state of its portfolio and capital deployment decisions.