Ag2R la Mondiale Gestion D'Actifs 13F: Adds $5M to TPL Stake

Ag2R la Mondiale Gestion D'Actifs boosted its stake in Texas Pacific Land Corporation (TPL) by 15,377 shares in a filing on October 26, 2026. The fund now holds a total of 19,920 shares valued at about $6.5 million. This increase marks a 338.5% change in its position, reflecting a significant commitment to the stock.

TPL Texas Pacific Land Corporation

$333.46 ▲ +12.39% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Texas Pacific Land Corporation Fits in Ag2R la Mondiale Gestion D'Actifs' Portfolio

This position represents 0.43% of Ag2R la Mondiale's reported value of approximately $1.52 billion, ranking it 38th among the fund's 425 holdings.

Other Institutional Activity in Texas Pacific Land Corporation

Horizon Kinetics Asset Management LLC holds 9,802,899 shares of TPL, valued at about $3.27 billion, but reduced its stake by 212,323 shares. First Manhattan Co. LLC has 1,064,741 shares worth around $355 million, increasing its holdings slightly by 2,019 shares. SoftVest Advisors, LLC maintains 1,062,099 shares, with no change reported.

Texas Pacific Land Corporation Stock Down 1.4%

As of October 27, 2026, TPL shares traded around $333.46, which is about equal to the closing price on the filing date. However, the stock is below both its 50-day and 200-day moving averages by 6.4% and 16.9%, respectively, and is down 39.1% from its 52-week high of $547.20.

Recent Earnings

Texas Pacific Land Corporation reported trailing twelve-month revenue of approximately $897.5 million, with an impressive net margin of 60.3%. The next earnings report is scheduled for November 4, 2026, which may provide further insights into its financial performance.

Dividend

Texas Pacific Land Corporation pays an annual dividend of $2.40 per share, translating to a yield of 0.72%. This indicates a commitment to returning value to shareholders while maintaining a reasonable payout ratio of 28.9%.

Insider Buying and Selling at Texas Pacific Land Corporation

Recently, Horizon Kinetics Asset Management LLC, a beneficial owner of more than 10% of TPL, made several small purchases. On September 23, 2026, they bought 1 share at $352.95, followed by additional purchases of 1 share on September 25 at $339.72, and another 1 share on September 28 at $340.12. They also bought 4 shares on September 29 at $340.96, showing a consistent interest in the stock.

Analysts Set New Price Targets

However, the company has a mean price target of $443.00 based on previous analyst opinions, suggesting some room for growth.

About Texas Pacific Land Corporation

Texas Pacific Land Corporation engages in managing land and resources, focusing on oil and gas operations in the Permian Basin. The company also provides water services and manages various easements for transporting hydrocarbons and utilities.

Bottom Line

Investors should keep an eye on Texas Pacific Land Corporation's upcoming earnings report on November 4, 2026, for more insights into its performance. Ag2R la Mondiale's significant increase in stake underscores its confidence in the company's prospects amid a challenging market environment.