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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
84% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 31
71% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $11.2M
19% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 100
10% more capital invested
Capital invested by funds: $4.86B [Q4 2024] → $5.33B (+$471M) [Q1 2025]
7% more funds holding
Funds holding: 301 [Q4 2024] → 323 (+22) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 4 (+0) [Q1 2025]
4.9% less ownership
Funds ownership: 109.56% [Q4 2024] → 104.67% (-4.9%) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$60
6%
upside
Avg. target
$61
7%
upside
High target
$61
8%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Barclays Blayne Curtis | 8%upside $61 | Overweight Maintained | 21 May 2025 |
Scotiabank Andrew Weisel | 6%upside $60 | Sector Perform Maintained | 20 May 2025 |
Financial journalist opinion
Based on 9 articles about TXNM published over the past 30 days
Neutral
Business Wire
3 weeks ago
TXNM ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TXNM Energy, Inc. - TXNM
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TXNM Energy, Inc. (NYSE: TXNM) to Blackstone Infrastructure. Under the terms of the proposed transaction, shareholders of TXNM will receive $61.25 in cash for each share of TXNM that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whet.
Neutral
GlobeNewsWire
3 weeks ago
Johnson Fistel Investigates Fairness of Proposed Sale of TXNM Energy, Inc.
SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP has launched an investigation into whether the board members of TXNM Energy, Inc. (NYSE: TXNM) breached their fiduciary duties in connection with the proposed sale of the Company to Blackstone Infrastructure. On May 19, 2025, TXNM Energy announced it had entered into a definitive agreement with Blackstone to acquire all outstanding shares in a go-private transaction, offering shareholders $61.25 per share in cash.
Neutral
GlobeNewsWire
3 weeks ago
TXNM Stock Alert: Halper Sadeh LIC is Investigating Whether the Sale of TXNM Energy, Inc. is Fair to Shareholders
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of TXNM Energy, Inc. (NYSE: TXNM) to Blackstone for $61.25 per share in cash is fair to TXNM shareholders.
Neutral
PRNewsWire
3 weeks ago
TXNM Energy Announces CFO Transition to Henry Monroy
ALBUQUERQUE, N.M., May 20, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) announces Henry Monroy as its new Senior Vice President and Chief Financial Officer.
Neutral
PRNewsWire
3 weeks ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of TXNM Energy - TXNM
NEW YORK , May 19, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating TXNM Energy (NYSE: TXNM ), relating to the proposed merger with Blackstone Infrastructure.
Neutral
Business Wire
3 weeks ago
TXNM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of TXNM Energy, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of TXNM Energy, Inc. (NYSE: TXNM) to Blackstone for $61.25 per share in cash is fair to TXNM shareholders. Halper Sadeh encourages TXNM shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether TXNM and its board of directo.
Positive
WSJ
3 weeks ago
Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion
Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.
Positive
Reuters
3 weeks ago
Blackstone to acquire TXNM Energy in $11.5 billion deal
Utility firm TXNM Energy said on Monday it would be acquired by the infrastructure unit of Blackstone in a $11.5 billion deal.
Neutral
PRNewsWire
3 weeks ago
TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure
Provides long-term infrastructure investment to support the continued build-out of PNM and TNMP in a rapidly changing energy environment, facilitating economic development during New Mexico's transition to clean energy and continued growth in Texas TXNM Energy, PNM and TNMP to remain locally managed and operated with headquarters in New Mexico and Texas, retain employees and honor all union labor agreements Customer rates will continue to be set by state regulators Customers to receive a detailed package of benefits that will be developed after thorough and transparent engagement with stakeholders in New Mexico and Texas Blackstone Infrastructure provides long-term, patient capital and a commitment to strong investment grade credit metrics, aligned with TXNM Energy's long-term financing strategy Shareholders to receive $61.25 per share in cash upon closing ALBUQUERQUE, N.M., May 19, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5 billion, including net debt (excluding securitization debt) and preferred stock.
Neutral
PRNewsWire
1 month ago
PNM, TNMP Receive Rate Approvals
ALBUQUERQUE, N.M. , May 15, 2025 /PRNewswire/ -- PNM and TNMP, the wholly-owned subsidiaries of TXNM Energy (NYSE: TXNM), each received regulatory approvals today for pending rate recovery filings.
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