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 Trading Down 0.9%

NYSE:TXNM opened at $52.80 on Friday. TXNM Energy, Inc. has a fifty-two week low of $39.60 and a fifty-two week high of $56.50. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.36 and a quick ratio of 0.27. The stock has a market capitalization of $4.89 billion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 6.12 and a beta of 0.11. The business’s 50-day simple moving average is $52.77 and its 200-day simple moving average is $49.92.

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

TXNM Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, April 25th were paid a $0.4075 dividend. This represents a $1.63 annualized dividend 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%.

Institutional Investors Weigh In On TXNM Energy

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. bought a new stake in TXNM Energy in the 4th quarter valued at approximately $497,880,000. Jane Street Group LLC bought a new stake in TXNM Energy in the 4th quarter valued at approximately $3,692,000. Loomis Sayles & Co. L P bought a new stake in TXNM Energy in the 4th quarter valued at approximately $11,742,000. JPMorgan Chase & Co. bought a new stake in TXNM Energy in the 4th quarter valued at approximately $31,972,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of TXNM Energy during the 4th quarter worth approximately $5,093,000. Institutional investors own 91.68% of the company’s stock.

Analysts Set New Price Targets

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

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.