The average one-year price target for Texas Pacific Land (NYSE: TPL) has been raised to $406.24 per share, marking a 25.73% increase from the previous estimate of $323.11 set on February 1, 2026. The new price target reflects a consensus from analysts with a range between $252.50 and $670.95 per share, though it indicates a 20.39% decrease from the latest closing price of $510.31.
Currently, 1,126 funds report positions in Texas Pacific Land, a decrease of 206 (15.47%) over the last quarter. Institutional ownership increased to 49.9 million shares, representing a 154.55% rise in the past three months. The average portfolio allocation for these funds in TPL is now 0.50%, a growth of 27.83%.
Notable institutional actions include Horizon Kinetics Asset Management increasing its holdings by 66.09% to 10.33 million shares, while Geode Capital Management also raised its stake by 67.07% to 1.76 million shares. The put/call ratio for TPL stands at 0.56, indicating a bullish outlook among investors.
