Welcome to our dedicated page for TXNM Energy SEC filings (Ticker: TXNM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TXNM Energy, Inc. (NYSE: TXNM) SEC filings page on Stock Titan provides access to the company’s regulatory documents as filed with the U.S. Securities and Exchange Commission. TXNM Energy is an Albuquerque, New Mexico-based energy utility holding company that delivers electricity to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).
Through this page, readers can review annual reports on Form 10-K, quarterly reports on Form 10-Q and a wide range of current reports on Form 8-K. For a regulated electric utility group like TXNM Energy, these filings are central to understanding segment performance, rate mechanisms, capital investment plans and risk factors. The company’s 8-K filings detail material events such as new credit agreements, amendments to revolving credit facilities, issuance of first mortgage bonds by TNMP, term loans at PNM, and junior subordinated notes issued by TXNM Energy.
Recent 8-K filings also describe the Agreement and Plan of Merger with Troy ParentCo LLC and Troy Merger Sub Inc., affiliates of Blackstone Infrastructure Partners L.P., under which TXNM Energy would become a wholly owned subsidiary if the merger is consummated. These filings outline the agreed cash consideration per share, shareholder approval of the merger, and the regulatory approvals required from the New Mexico Public Regulation Commission, Public Utility Commission of Texas, Federal Energy Regulatory Commission and other federal agencies.
Investors can use the filings page to follow debt and capital structure disclosures, including the terms of TXNM Energy’s junior subordinated convertible notes, fixed-to-fixed reset rate junior subordinated notes, and TNMP’s first mortgage bonds. Filings also provide information on non-GAAP “ongoing” earnings measures, reconciliations to GAAP results and explanations of how management evaluates operating performance.
Stock Titan enhances these documents with AI-powered summaries that highlight key terms, covenants and events in lengthy filings. Real-time updates from EDGAR help users quickly identify new 10-K, 10-Q and 8-K submissions, while insider transaction reports on Form 4 and proxy statements on Schedule 14A can be used to analyze executive compensation and ownership changes. This makes the TXNM Energy filings page a focused resource for understanding the company’s regulatory, financial and transactional history.
TXNM Energy reports two major regulatory steps by its utilities. Texas-New Mexico Power Company filed a comprehensive base rate settlement in Texas that would allow recovery of its filed rate base of $2.8 billion as of June 30, 2025, while maintaining a 9.65% return on equity and 45% equity ratio. The settlement also includes $20.5 million of Hurricane Beryl restoration costs to be recovered through a rate rider over five years, all subject to Public Utility Commission of Texas approval.
Separately, Public Service Company of New Mexico filed a balanced resource plan with New Mexico regulators to advance a carbon-free future. The plan seeks approval for 800 MW of wind, 240 MW of solar, 610 MW of battery storage and 40 MW of natural gas, supporting PNM’s goal of eliminating coal by 2031 and progressing toward 100% carbon-free electricity as customer demand is forecast to rise about 40% by 2032. These investments are part of PNM’s previously shared $4.9 billion five-year capital plan.
TXNM Energy Inc executive chair Patricia K. Collawn reported an acquisition of phantom stock under a company savings plan. On the cash dividend payment date of May 15, 2026, she was credited with 691 phantom stock shares through notational dividend reinvestment.
These phantom stock shares are held indirectly in the TXNM Energy, Inc. Executive Savings Plan II and are convertible into common stock on a one-for-one basis. Following this grant, her plan-related phantom stock balance is 97,852 shares, which will settle upon retirement or other termination of service.
TXNM Energy, Inc. Schedule 13G reports that Balyasny Asset Management entities and Dmitry Balyasny together may be deemed to beneficially own 7,133,543 shares of Common Stock. The filing states this represents approximately 6.55% of the class based on 108,921,356 Shares outstanding as of February 13, 2026.
The reporting persons consist of Balyasny Asset Management L.P., BAM GP LLC, Balyasny Asset Management Holdings, Dames GP LLC, and Mr. Balyasny; ADMF is identified as the direct holder entitled to dividends or sale proceeds. The filing attributes voting and dispositive power to the listed reporting persons.
TXNM Energy, Inc., parent of PNM and TNMP, reported higher first‑quarter 2026 electric operating revenues but sharply lower profit. Electric operating revenues rose to $504.982 million from $482.792 million, and operating income increased to $77.011 million from $71.889 million.
Net earnings attributable to TXNM fell to $3.737 million, down from $8.923 million, as losses on investment securities widened to $8.944 million and interest charges rose to $68.595 million. Diluted earnings per share declined to $0.03 from $0.10, while the quarterly dividend increased to $0.4225 per share.
Cash from operating activities grew to $153.188 million, supporting heavy capital spending of $312.716 million on utility plant. TXNM also issued $103.687 million of common stock and paid $46.151 million in dividends, ending the period with total assets of $12.138 billion and long‑term debt of $5.112 billion.
TXNM Energy, Inc. reported mixed first quarter 2026 results. GAAP net earnings attributable to TXNM fell to $3.7 million, or $0.03 per diluted share, compared with $8.9 million and $0.10 a year earlier, mainly reflecting higher unrealized investment losses and merger-related costs.
On a non-GAAP basis, ongoing net earnings rose to $23.8 million, or $0.21 per diluted share, up from $18.1 million and $0.19. TNMP drove most of the improvement, while PNM faced milder weather, higher operating costs and expenses tied to new capital investments.
The company updated its 2026–2030 capital investment plan to $10.2 billion, focused on grid modernization, battery storage, and growth in both New Mexico and Texas. TXNM also reiterated progress on its proposed acquisition by Blackstone Infrastructure at $61.25 per share, noting key federal and Texas approvals and ongoing review by remaining regulators.
TXNM Energy Inc 13G filing: Vanguard Capital Management reports beneficial ownership of 5,504,019 shares of common stock, representing 5.05% of the class. The filing states Vanguard has sole dispositive power over 5,504,019 shares and sole voting power over 789,301 shares. The report is dated 04/30/2026.
TXNM Energy Inc Schedule 13G shows Vanguard Portfolio Management reported beneficial ownership of 6,588,646 shares of common stock, representing 6.04% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 6,588,646 shares and sole voting power over 38,747 shares. The filing describes holdings across Vanguard affiliates and is signed on 04/29/2026.
TXNM Energy’s 2026 proxy outlines three shareholder votes and updates its pending $61.25‑per‑share cash merger with Blackstone Infrastructure. Shareholders will elect ten directors, ratify KPMG as auditor, and cast an advisory vote on executive pay. The company highlights 2025 ongoing earnings of $2.33 per diluted share, an indicated 2026 dividend of $1.69 per share, and investment‑grade credit ratings supported by $800 million of equity financing.
TXNM serves about 842,000 customers in New Mexico and Texas through regulated utilities PNM and TNMP, emphasizing grid resiliency, wildfire risk mitigation, and an energy transition strategy. In 2025 it delivered 80% carbon‑free energy to PNM customers, added 465 megawatts of new solar and battery storage, secured approval for 617 megawatts of additional resources from 2028, and returned $116.6 million of fuel savings to customers via the Western Energy Imbalance Market. Governance features include a majority‑independent, 50% female board, majority voting for directors, proxy access, stock ownership guidelines, and a clawback policy covering incentive compensation.
BlackRock, Inc. reports beneficial ownership of 12,545,112 shares of TXNM ENERGY INC common stock, representing 11.5% of the class. The filing attributes sole voting power on 12,268,236 shares and sole dispositive power on 12,545,112 shares and states holdings reflect certain Reporting Business Units of BlackRock.
The Schedule 13G/A is an amended passive reporting statement signed by Spencer Fleming on 04/24/2026.