TXNM Energy, Inc. (TXNM)

• Market cap: $4.37B
• 1 day: -1.10%
• 5 days: 4.26%
• 1 month: 0.02%
• 3 months: 11.35%
• 6 months: 21.37%
• Year to date: -0.80%
• 1 year: 35.22%
• 5 years: -5.70%
• 10 years: 58.39%
• Sector: Utilities
• Industry: Electric Services

About: TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.

Employees: 1,635

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

104% more call options, than puts

Call options by funds: $44.7M | Put options by funds: $22M

99.58% more ownership

Funds ownership: 0% [Q2] → 99.58% (+99.58%) [Q3]

56% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 36

20% more capital invested

Capital invested by funds: $3.29B [Q2] → $3.93B (+$645M) [Q3]

6% more funds holding

Funds holding: 282 [Q2] → 298 (+16) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 107

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $52 7% upside
• Avg. target: $53 8% upside
• High target: $53 9% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Citigroup Ryan Levine 67% 1-year accuracy 4 / 6 met price target	9% upside $53	Neutral Maintained	12 Dec 2024
Scotiabank Andrew Weisel 50% 1-year accuracy 14 / 28 met price target	7% upside $52	Sector Perform Maintained	12 Dec 2024
Barclays Blayne Curtis 52% 1-year accuracy 24 / 46 met price target	7% upside $52	Overweight Maintained	29 Nov 2024
Wells Fargo Jonathan Reeder 38% 1-year accuracy 5 / 13 met price target	9% upside $53	Overweight Maintained	26 Nov 2024