TXNM Energy, Inc. Announces Quarterly Dividend of $0.42 (NYSE:TXNM)

TXNM Energy, Inc. (NYSE:TXNM) announced a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Friday, October 23rd will be paid a dividend of 0.4225 per share on Friday, November 13th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, October 23rd.

TXNM Energy has increased its dividend payment by an average of 0.1%per year over the last three years.

TXNM Energy Stock Performance

Shares of NYSE TXNM traded up $0.10 during midday trading on Wednesday, hitting $58.73. 111,522 shares of the stock traded hands, compared to its average volume of 1,338,125. The firm has a market capitalization of $6.47 billion, a P/E ratio of 32.45, a PEG ratio of 2.53 and a beta of 0.17. TXNM Energy has a one year low of $55.64 and a one year high of $59.53. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.39 and a current ratio of 0.56. The firm has a 50-day moving average of $57.80 and a two-hundred day moving average of $58.19.

TXNM Energy (NYSE:TXNM) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. TXNM Energy had a return on equity of 8.11% and a net margin of 9.04%.The company had revenue of $548.55 million during the quarter, compared to analysts’ expectations of $567.00 million. On average, equities analysts forecast that TXNM Energy will post 3.07 EPS for the current fiscal year.

Institutional Trading of TXNM Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Pentwater Capital Management LP purchased a new stake in shares of TXNM Energy in the second quarter worth about $368,360,000. Norges Bank bought a new stake in shares of TXNM Energy in the 4th quarter worth about $182,061,000. Geode Capital Management LLC boosted its stake in shares of TXNM Energy by 6.7% during the 4th quarter. Geode Capital Management LLC now owns 2,570,550 shares of the company’s stock worth $151,378,000 after purchasing an additional 161,141 shares during the period. Goldman Sachs Group Inc. grew its holdings in TXNM Energy by 53.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,931,107 shares of the company’s stock valued at $113,704,000 after purchasing an additional 668,929 shares during the last quarter. Finally, Magnetar Financial LLC grew its holdings in TXNM Energy by 0.6% during the 4th quarter. Magnetar Financial LLC now owns 1,698,961 shares of the company’s stock valued at $100,035,000 after purchasing an additional 9,740 shares during the last quarter. 91.68% of the stock is currently owned by institutional investors.

About TXNM Energy

TXNM Energy Inc (NYSE: TXNM) is an energy holding company that owns regulated electric utilities serving customers in New Mexico and Texas. Its principal operating companies are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).

PNM provides electricity generation, transmission and distribution services in New Mexico, while TNMP operates an electric transmission and distribution network in several regions of Texas. The company’s operations support residential, commercial and industrial customers and include a mix of conventional and renewable power resources.

TXNM Energy was formerly known as PNM Resources and adopted its current name and ticker symbol in 2025.