TXNM
TXNM Energy, Inc.TXNM
TXNM
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: 1,600
0
Funds holding %
of 7,419 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
649% more call options, than puts
Call options by funds: $442K | Put options by funds: $59K
24% more capital invested
Capital invested by funds: $3.9B [Q3] → $4.86B (+$955M) [Q4]
16% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 38
10.67% more ownership
Funds ownership: 98.86% [Q3] → 109.53% (+10.67%) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 97
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
1% less funds holding
Funds holding: 300 [Q3] → 298 (-2) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$53
3%
upside
Avg. target
$54
6%
upside
High target
$57
11%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Barclays Blayne Curtis 18% 1-year accuracy 10 / 56 met price target | 11%upside $57 | Overweight Maintained | 18 Mar 2025 |
Mizuho Anthony Crowdell 62% 1-year accuracy 13 / 21 met price target | 3%upside $53 | Outperform Upgraded | 11 Mar 2025 |
Mizuho | 3%upside $53 | Neutral Maintained | 3 Mar 2025 |
Scotiabank Andrew Weisel 86% 1-year accuracy 25 / 29 met price target | 7%upside $55 | Sector Perform Maintained | 24 Feb 2025 |
Evercore ISI Group Michael Lonegan 75% 1-year accuracy 3 / 4 met price target | 5%upside $54 | Outperform Upgraded | 11 Feb 2025 |
Financial journalist opinion
Based on 4 articles about TXNM published over the past 30 days
Positive
Seeking Alpha
1 week ago
TXNM Energy: Profit From Positive Demographics And Data Center Expansion
TXNM Energy, Inc., formerly PNM Resources, serves 825,000 customers in Texas and New Mexico, with New Mexico being the larger market. The company plans to invest $7.8 billion in infrastructure, focusing on Texas due to rising electricity demand from data centers. The company's electric system load is increasing at a 13% CAGR in Texas, positioning it to double by the end of the decade.
Neutral
PRNewsWire
1 week ago
TXNM Energy to Announce 2025 First Quarter Earnings on May 9
ALBUQUERQUE, N.M. , April 10, 2025 /PRNewswire/ -- TXNM Energy, Inc. will announce first quarter 2025 financial results prior to the market opening on Friday, May 9, 2025.
Neutral
PRNewsWire
1 week ago
Recommendation to Approve Unopposed Stipulation in PNM 2025 Rate Request
ALBUQUERQUE, N.M. , April 9, 2025 /PRNewswire/ -- The Hearing Examiners of the New Mexico Public Regulation Commission (NMPRC) issued a Certification of Stipulation recommending approval of the unopposed stipulation filed by PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and parties in PNM's 2025 Rate Request application.
Neutral
PRNewsWire
3 weeks ago
Approval of TNMP application for incremental rate base recovery
ALBUQUERQUE, N.M., March 26, 2025 /PRNewswire/ -- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc. (NYSE: TXNM) received approval from the Public Utility Commission of Texas (PUCT) for its recent Transmission Cost of Service (TCOS) application.
Neutral
PRNewsWire
1 month ago
TNMP System Resiliency Plan Approved
ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- Today, the Public Utility Commission of Texas (PUCT) approved the 2025-2027 System Resiliency Plan filed by TNMP, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM).
Neutral
PRNewsWire
1 month ago
PNM and parties file Unopposed Stipulation in 2028 Resource Application
ALBUQUERQUE, N.M., March 13, 2025 /PRNewswire/ -- PNM, a wholly-owned subsidiary of TXNM Energy (NYSE: TXNM), and intervening parties in its 2028 Resource Application filed an unopposed comprehensive stipulation with the New Mexico Public Regulation Commission (NMPRC).
Neutral
PRNewsWire
1 month ago
TXNM Energy to Meet with Investors
2025 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., March 10, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this week.
Neutral
PRNewsWire
1 month ago
Public Service Company of New Mexico Declares Preferred Dividend
ALBUQUERQUE, N.M., March 6, 2025 /PRNewswire/ -- The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock.
Neutral
PRNewsWire
1 month ago
TXNM Energy to Meet with Investors
2025 ongoing earnings guidance to be affirmed during meetings ALBUQUERQUE, N.M., March 4, 2025 /PRNewswire/ -- TXNM Energy, Inc. (NYSE: TXNM) management will meet with analysts and investors this week.
Neutral
PRNewsWire
1 month ago
TXNM Energy Board Declares Quarterly Common Stock Dividend
ALBUQUERQUE, N.M. , Feb. 25, 2025 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared the regular quarterly dividend of $0.4075 per share on the company's common stock.
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