Rep. Julie Johnson Sells TXNM Energy, Inc. (NYSE:TXNM) Stock

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

Shares of NYSE TXNM opened at $52.80 on Friday. The stock has a market cap 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. 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 quick ratio of 0.27 and a current ratio of 0.36. The stock has a fifty day moving average of $52.77 and a 200-day moving average of $49.92.

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

TXNM Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, April 25th were given a $0.4075 dividend. This represents a $1.63 annualized dividend and a dividend yield of 3.09%. The ex-dividend date of this dividend was Friday, April 25th. TXNM Energy’s dividend payout ratio (DPR) is presently 72.44%.

Analysts Set New Price Targets

Several research firms recently commented on TXNM. Barclays boosted their target price on TXNM Energy from $56.00 to $57.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. Scotiabank upped 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. Evercore ISI upgraded TXNM Energy from an “in-line” rating to an “outperform” rating and upped their price objective for the stock 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 for the company in a report on Tuesday, March 11th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.57.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Federated Hermes Inc. grew its holdings in shares of TXNM Energy by 4.9% during the 1st quarter. Federated Hermes Inc. now owns 6,115 shares of the company’s stock worth $327,000 after acquiring an additional 285 shares during the period. Baird Financial Group Inc. grew its holdings in shares of TXNM Energy by 6.0% during the 1st quarter. Baird Financial Group Inc. now owns 5,095 shares of the company’s stock worth $272,000 after acquiring an additional 287 shares during the period. Hughes Financial Services LLC purchased a new position in shares of TXNM Energy during the 1st quarter worth approximately $25,000. Cetera Investment Advisers grew its holdings in shares of TXNM Energy by 10.1% during the 1st quarter. Cetera Investment Advisers now owns 5,281 shares of the company’s stock worth $282,000 after acquiring an additional 486 shares during the period. Finally, Bessemer Group Inc. purchased a new position in shares of TXNM Energy during the 4th quarter worth approximately $27,000. Hedge funds and other 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.

About TXNM Energy

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.