Market Cap
$6.4B
TXNM
TXNM ENERGY INC
$58.41 ▼ -0.21%
Prev close $58.53Market cap$6.4B
12-mo target$60.70 (+3.9%)
High Impact Filing (7/10)30 New Institutional Positions20 Institutional Exits Traditional Energy
Snapshot
The big-picture read on TXNM right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Inst. Holders
50 funds
Inst. Value
$5.1B
Inst. Activity
30 buys / 20 sells
SEC Reports
4
Press Releases
2
Price chart 30d +0.5%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 28, 2026 short_volume
Sep 1, 2026 Press Short Volume: TXNM — 64.8% short (0.4M / 0.6M)
Short: 378,571 | Exempt: 0 | TRF Vol: 584,600 | Short Ratio: 64.8% | Off-exchange volume (dark pool
TXNM Energy priced a public offering of 7,079,646 shares at $56.50 per share for gross proceeds of ~$400M, with net proc
Impact 5/10
Analysis based on filing metadata only — document content was unavailable. This is a 424B5 prospectus supplement filing
424B5 — Impact 2/10
Aug 14, 2026 Insider
Jul 31, 2026 SEC COLLAWN PATRICIA K was granted 739 shares
EXECUTIVE CHAIR
TXNM Energy reported strong Q2 2026 results with GAAP EPS of $0.64, more than double the $0.22 in Q2 2025, and revenue u
8-K — Impact 5/10
TXNM Energy and Blackstone Infrastructure extended their merger agreement's termination date to May 31, 2027, to allow m
Impact 6/10
The New Mexico Public Regulation Commission (NMPRC) issued a Final Order on July 2, 2026, declaring that a $400M PIPE in
8-K — Impact 7/10
Jun 30, 2026 Inst.
Pentwater Capital Management LP — DOUBLED
6,487,500 shares ($368.4M)
Analyst ratings buy % +10.0%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 27, 2025 | Jefferies | DOWNGRADE | Hold | 53% |
| May 21, 2025 | Barclays | MAINTAIN | Overweight | 54% |
| May 20, 2025 | Scotiabank | MAINTAIN | Sector Perform | 56% |
| Mar 18, 2025 | Barclays | MAINTAIN | Overweight | 54% |
| Mar 11, 2025 | Mizuho | UPGRADE | Outperform | 52% |
| Mar 4, 2025 | Barclays | MAINTAIN | Overweight | 54% |
| Mar 3, 2025 | Mizuho | MAINTAIN | Neutral | 52% |
| Feb 24, 2025 | Scotiabank | MAINTAIN | Sector Perform | 56% |
| Feb 11, 2025 | Evercore ISI Group | UPGRADE | Outperform | 59% |
| Dec 12, 2024 | Citigroup | MAINTAIN | Neutral | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 2 | 4 | 5 | 0 | 0 | 55% | |
| Aug 1, 2026 | 2 | 4 | 5 | 0 | 0 | 55% | |
| Jul 1, 2026 | 0 | 0 | 6 | 1 | 2 | 0% | |
| Jun 1, 2026 | 0 | 0 | 6 | 1 | 2 | 0% | |
| May 1, 2026 | 2 | 4 | 5 | 0 | 0 | 55% | |
| Apr 1, 2026 | 2 | 4 | 6 | 0 | 0 | 50% | |
| Mar 1, 2026 | 2 | 4 | 6 | 0 | 0 | 50% | |
| Feb 1, 2026 | 2 | 4 | 6 | 0 | 0 | 50% |
Price targets
Where 5 covering analysts think TXNM trades over the next 12 months.
$60.70 +3.9% upside Hold
Current$58.41 Low$59.00 Median$61.00 High$61.25 5 analysts
$59.00$61.25
Analyst rating None as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
4 SEC filing reports analyzed · 0 bullish, 2 bearish, 0 mixed, 2 neutral · avg impact 5.3/10.Plus 2 press releases.
NEUTRAL424B52/10
Analysis based on filing metadata only — document content was unavailable. This is a 424B5 prospectu
Aug 31, 2026
NEUTRAL8-K5/10
TXNM Energy reported strong Q2 2026 results with GAAP EPS of $0.64, more than double the $0.22 in Q2
Jul 31, 2026
BEARISH8-K7/10
The New Mexico Public Regulation Commission (NMPRC) issued a Final Order on July 2, 2026, declaring
Jul 6, 2026
BEARISH8-K7/10
TXNM Energy reported 2025 GAAP earnings of $1.48 per share, down from $2.67 in 2024, driven by a $58
Feb 27, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 28, 2026
short_volume
Short Volume: TXNM — 64.8% short (0.4M / 0.6M)
Short: 378,571 | Exempt: 0 | TRF Vol: 584,600 | Short Ratio: 64.8% | Off-exchange volume (dark pool + OTC)
Sep 22, 2026
dividend
TXNM Energy Board Declares Quarterly Common Stock Dividend
ALBUQUERQUE, N.M., Sept. 22, 2026 /PRNewswire/ -- At its regular meeting held today, the Board of Directors of TXNM Energy, Inc. (NYSE: TXNM) declared
Sep 18, 2026
short_volume
Short Volume: TXNM — 59.3% short (0.3M / 0.5M)
Short: 317,459 | Exempt: 48 | TRF Vol: 534,992 | Short Ratio: 59.3% | Off-exchange volume (dark pool + OTC)
Sep 1, 2026
offering
TXNM Energy Announces Pricing of Public Offering of Common Stock
ALBUQUERQUE, N.M., Aug. 31, 2026 /PRNewswire/ -- TXNM Energy, Inc. ("TXNM Energy") (NYSE: TXNM) announced today that it has priced an underwritten pub
Aug 31, 2026
offering
TXNM Energy Announces Public Offering of Common Stock
ALBUQUERQUE, N.M., Aug. 31, 2026 /PRNewswire/ -- TXNM Energy, Inc. ("TXNM Energy") (NYSE: TXNM) announced today the commencement of an underwritten pu
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $1.48 | $1.42–$1.54 | 11.1% | +4.4% | — | $0.7B | 2 |
| Next Q | $0.49 | $0.41–$0.57 | 2.0% | -14.0% | — | $0.6B | 2 |
| Current FY | $2.87 | $2.66–$3.08 | 23.2% | +0.3% | 0↑ 1↓ | $2.4B | 6 |
| Next FY | $3.25 | $2.99–$3.45 | 13.3% | -0.3% | 1↑ 0↓ | $2.5B | 6 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $1.478 | — |
| 7d ago | $1.415 | +0.062 |
| 30d ago | $1.415 | +0.062 |
| 60d ago | $1.613 | -0.135 |
| 90d ago | $1.423 | +0.055 |
Institutional ownership
Which big funds own TXNM (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $5.1B total value (90,112,796 shares) as of 2026-Q2. Top holders: BlackRock,, Blackstone, BALYASNY. Net buying activity: 30 institutions added/increased vs 20 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 14,595,837 | $828.8M | 16.2% | — |
| Blackstone Inc. | 8,000,000 | $454.2M | 8.9% | — |
| BALYASNY ASSET MANAGEMENT L.P. | 7,113,061 | $403.9M | 7.9% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6,740,196 | $382.7M | 7.5% | — |
| Pentwater Capital Management LP | 6,487,500 | $368.4M | 7.2% | DOUBLED +131.7% |
| VANGUARD CAPITAL MANAGEMENT LLC | 4,842,279 | $274.9M | 5.4% | — |
| STATE STREET CORP | 4,124,968 | $234.2M | 4.6% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 2,996,464 | $170.2M | 3.3% | — |
| MILLENNIUM MANAGEMENT LLC | 2,470,809 | $140.3M | 2.7% | TRIM -30.0% |
| NORGES BANK | 2,264,722 | $128.6M | 2.5% | NEW |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| Pentwater Capital Management LP | DOUBLED | 2,800,000 | 6,487,500 | +131.7% | $368.4M |
| MILLENNIUM MANAGEMENT LLC | TRIM | 3,529,510 | 2,470,809 | -30.0% | $140.3M |
| NORGES BANK | NEW | — | 2,264,722 | — | $128.6M |
| Qube Research & Technologies Ltd | ADD | 1,252,234 | 2,084,253 | +66.4% | $118.3M |
| LMR Partners LLP | ADD | 698,496 | 943,488 | +35.1% | $53.6M |
| HSBC HOLDINGS PLC | ADD | 685,364 | 889,385 | +29.8% | $50.7M |
| UBS Group AG | TRIM | 2,031,304 | 803,015 | -60.5% | $45.6M |
| Grantham, Mayo, Van Otterloo & Co. LLC | ADD | 515,726 | 688,984 | +33.6% | $39.1M |
| RENAISSANCE TECHNOLOGIES LLC | NEW | — | 645,558 | — | $36.7M |
| Calamos Advisors LLC | NEW | — | 380,686 | — | $21.6M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
14 insiders, 42 transactions. Net $0.00 — $0.00 bought, $0.00 sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 14, 2026 | COLLAWN PATRICIA K | EXECUTIVE CHAIR | AWARD | 739 | — | — |
| Jun 10, 2026 | MULLARKEY MAUREEN T | Director | AWARD | 2,698 | — | — |
| Jun 10, 2026 | HUGHES JAMES ALTON | Director | AWARD | 2,698 | — | — |
| Jun 10, 2026 | Montoya Lillian J | Director | AWARD | 2,698 | — | — |
| Jun 10, 2026 | BECKER NORMAN P. | Director | AWARD | 2,698 | — | — |
| Jun 10, 2026 | CONLEY E RENAE | Director | AWARD | 2,698 | — | — |
| Jun 10, 2026 | Gutierrez Sidney M. | Director | AWARD | 2,698 | — | — |
| Jun 10, 2026 | Maestas Steven | Director | AWARD | 2,698 | — | — |
| Jun 10, 2026 | BAILEY VICKY A | Director | AWARD | 2,698 | — | — |
| May 15, 2026 | COLLAWN PATRICIA K | EXECUTIVE CHAIR | AWARD | 691 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for TXNM.
Shares short
6,444,202
Settlement Sep 15, 2026
Change vs prior
+1.0%
Semi-monthly cycle
Days to cover
3.6
At avg daily volume
Of shares outstanding
≈5.8%
Estimate — not % of float
All TXNM filing & press-release reports (6)
- PRESS-RELEASE reportSep 1, 2026
- 424B5 reportAug 31, 2026
- 8-K reportJul 31, 2026
- PRESS-RELEASE reportJul 17, 2026
- 8-K reportJul 6, 2026
- 8-K reportFeb 27, 2026