Jupiter Topco LLC Buys Shares of 44,219 TXNM Energy, Inc. $TXNM

Posted by Brenda Bartman on Sep 3rd, 2026

Jupiter Topco LLC purchased a new position in TXNM Energy, Inc. (NYSE:TXNM – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 44,219 shares of the company’s stock, valued at approximately $2,511,000.

A number of other hedge funds also recently modified their holdings of the business. Los Angeles Capital Management LLC bought a new position in shares of TXNM Energy during the 4th quarter valued at about $27,000. Kestra Advisory Services LLC acquired a new position in shares of TXNM Energy in the 4th quarter valued at approximately $74,000. EverSource Wealth Advisors LLC increased its stake in TXNM Energy by 17.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,257 shares of the company’s stock worth $73,000 after purchasing an additional 184 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in TXNM Energy by 23.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,262 shares of the company’s stock worth $74,000 after purchasing an additional 236 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in TXNM Energy by 81.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,385 shares of the company’s stock worth $78,000 after buying an additional 623 shares during the period. Institutional investors and hedge funds own 91.68% of the company’s stock.

Wall Street Analysts Forecast Growth

TXNM has been the topic of a number of research reports. Weiss Ratings raised shares of TXNM Energy from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Wall Street Zen raised shares of TXNM Energy from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $61.25.

Read Our Latest Research Report on TXNM

TXNM Energy Stock Performance

TXNM opened at $58.08 on Thursday. The company has a market capitalization of $5.98 billion, a price-to-earnings ratio of 32.09, a P/E/G ratio of 2.53 and a beta of 0.17. The business’s 50-day moving average price is $57.43 and its two-hundred day moving average price is $58.28. TXNM Energy, Inc. has a 1 year low of $55.64 and a 1 year high of $59.53. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.56 and a quick ratio of 0.39.

TXNM Energy (NYSE:TXNM – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. The company had revenue of $548.55 million during the quarter, compared to analysts’ expectations of $567.00 million. TXNM Energy had a return on equity of 8.11% and a net margin of 9.04%. Equities analysts expect that TXNM Energy, Inc. will post 3.03 EPS for the current fiscal year.

TXNM Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a $0.4225 dividend. The ex-dividend date was Monday, August 3rd. This represents a $1.69 annualized dividend and a yield of 2.9%. TXNM Energy’s payout ratio is presently 93.37%.

TXNM Energy Company Profile

(Free Report)

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. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources.