<div id="readability-page-1"><p><strong>TXNM Energy, Inc.</strong> (NYSE:TXNM - Get Free Report) announced a quarterly dividend on Tuesday, December 2nd. Shareholders of record on Friday, January 30th will be given a dividend of 0.4225 per share on Friday, February 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, January 30th. This is a 3.7% increase from TXNM Energy's previous quarterly dividend of $0.41.</p><p>TXNM Energy has increased its dividend by an average of 0.1%per year over the last three years. </p><h2>TXNM Energy Price Performance</h2><p>Shares of TXNM traded up $0.15 during mid-day trading on Wednesday, hitting $58.16. 224,682 shares of the stock were exchanged, compared to its average volume of 1,130,507. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.36 and a current ratio of 0.51. The company has a market cap of $6.33 billion, a PE ratio of 34.01, a price-to-earnings-growth ratio of 2.76 and a beta of 0.16. TXNM Energy has a 52-week low of $45.71 and a 52-week high of $58.45. The firm has a 50-day moving average of $57.24 and a two-hundred day moving average of $56.87. </p><p>TXNM Energy (NYSE:TXNM - Get Free Report) last released its quarterly earnings results on Friday, October 31st. The company reported $1.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.44 by ($0.11). TXNM Energy had a net margin of 8.67% and a return on equity of 7.20%. The business had revenue of $647.16 million for the quarter, compared to analysts' expectations of $608.65 million. During the same period in the previous year, the company earned $1.43 EPS.  On average, equities analysts predict that  TXNM Energy will post 2.73 earnings per share for the current year. </p><h2>Insider Buying and Selling</h2><p>In other TXNM Energy news, Director Vicky A. Bailey sold 1,800 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $57.74, for a total value of $103,932.00. Following the sale, the director owned 8,725 shares in the company, valued at $503,781.50. This trade represents a 17.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.36% of the stock is owned by company insiders. </p><h2>Institutional Investors Weigh In On TXNM Energy</h2><p>Several large investors have recently added to or reduced their stakes in TXNM. Parallel Advisors LLC increased its position in shares of  TXNM Energy by 15.9% during the second quarter. Parallel Advisors LLC now owns 1,331 shares of the company's stock worth $75,000 after acquiring an additional 183 shares during the period.  Federated Hermes Inc. increased its holdings in  TXNM Energy by 3.3% during the 2nd quarter. Federated Hermes Inc. now owns 6,314 shares of the company's stock worth $356,000 after purchasing an additional 199 shares during the period.  Oregon Public Employees Retirement Fund increased its holdings in  TXNM Energy by 1.1% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 19,139 shares of the company's stock worth $1,082,000 after purchasing an additional 200 shares during the period.  CWM LLC raised its position in  TXNM Energy by 8.9% during the 3rd quarter. CWM LLC now owns 2,738 shares of the company's stock valued at $155,000 after purchasing an additional 224 shares in the last quarter.  Finally, Securian Asset Management Inc. lifted its holdings in shares of  TXNM Energy by 3.5% in the 2nd quarter. Securian Asset Management Inc. now owns 7,056 shares of the company's stock worth $397,000 after buying an additional 238 shares during the period. 91.68% of the stock is owned by hedge funds and other institutional investors. </p><h2>About TXNM Energy</h2> (Get Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than TXNM Energy</li><li>What is diluted earnings per share (Diluted EPS)?</li><li>The AI Boom Is Powering an Unexpected Stock Surge—And These 3 Companies Are Winning Big</li><li>3 Warren Buffett Stocks to Buy Now</li><li>The Bulls Are Back—Why Qualcomm Stock Is Gaining Strength Again</li><li>Stock Average Calculator      </li><li>Netflix Goes All In: The $70B Play to End the Streaming Wars</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRYTk0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRYTk0"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TXNM Energy Right Now?</h2><p>Before you consider TXNM Energy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TXNM Energy wasn't on the list.</p><p>While TXNM Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TXNM

<p>TXNM Energy, Inc. (NYSE:TXNM) announced a 3.7% increase in its quarterly dividend to $0.4225 per share, with a yield of 2.9%. The ex-dividend date is January 30th, and payment is on February 13th. The company has a market cap of $6.33 billion and recently reported earnings below analysts' expectations. Institutional investors hold 91.68% of the stock.</p>

TXNM Energy, Inc. (NYSE:TXNM) Increases Dividend to $0.42 Per Share