TXNM Energy (NYSE:TXNM) Stock Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of TXNM Energy, Inc. (NYSE:TXNM). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in TXNM Energy stock on April 7th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

TXNM Energy Price Performance

NYSE TXNM opened at $52.80 on Friday. The stock’s 50-day moving average price is $52.77 and its two-hundred day moving average price is $49.92. The company has a current ratio of 0.36, a quick ratio of 0.27 and a debt-to-equity ratio of 1.80. The company has a market cap of $4.89 billion, a PE ratio of 27.50, a PEG ratio of 6.12 and a beta of 0.11. TXNM Energy, Inc. has a 1 year low of $39.60 and a 1 year high of $56.50.

TXNM Energy (NYSE:TXNM) last posted its quarterly earnings data on Friday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). The company had revenue of $482.79 million for the quarter, compared to analyst estimates of $451.01 million. TXNM Energy had a return on equity of 9.69% and a net margin of 9.26%. The business’s revenue was up 10.5% on a year-over-year basis. On average, analysts predict that TXNM Energy, Inc. will post 2.73 EPS for the current year.

TXNM Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, April 25th were issued a $0.4075 dividend. This represents a $1.63 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend was Friday, April 25th. TXNM Energy’s payout ratio is 72.44%.

Analysts Set New Price Targets

A number of research firms recently commented on TXNM. Evercore ISI upgraded TXNM Energy from an “in-line” rating to an “outperform” rating and increased their price objective for the stock from $51.00 to $54.00 in a report on Tuesday, February 11th. Mizuho upgraded TXNM Energy from a “neutral” rating to an “outperform” rating and set a $53.00 price objective on the stock in a report on Tuesday, March 11th. Barclays increased their price objective on TXNM Energy from $56.00 to $57.00 and gave the stock an “overweight” rating in a report on Tuesday, March 18th. Finally, Scotiabank increased their price objective on TXNM Energy from $52.00 to $55.00 and gave the stock a “sector perform” rating in a report on Monday, February 24th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.57.

Institutional Investors Weigh In On TXNM Energy

A number of hedge funds have recently added to or reduced their stakes in TXNM. Vanguard Group Inc. lifted its position in TXNM Energy by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 10,487,634 shares of the company’s stock valued at $560,879,000 after purchasing an additional 361,945 shares during the period. T. Rowe Price Investment Management Inc. acquired a new position in TXNM Energy during the 4th quarter valued at about $303,744,000. FMR LLC acquired a new position in TXNM Energy during the 4th quarter valued at about $191,594,000. Fuller & Thaler Asset Management Inc. acquired a new position in TXNM Energy during the 4th quarter valued at about $189,170,000. Finally, Alliancebernstein L.P. lifted its position in TXNM Energy by 41.4% during the 1st quarter. Alliancebernstein L.P. now owns 3,560,321 shares of the company’s stock valued at $190,406,000 after purchasing an additional 1,043,259 shares during the period. Institutional investors own 91.68% of the company’s stock.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

TXNM Energy Company Profile

TXNM Energy, Inc, through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity.