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, 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.
TXNM Energy, Inc. has notified holders that its 5.75% Junior Subordinated Convertible Notes due 2054 are convertible at the holders’ option from April 1, 2026 through June 30, 2026. The notes convert at a rate of 22.5382 shares of common stock per $1,000 principal, equivalent to a conversion price of about $44.37 per share.
For any conversion during this period, TXNM will deliver a new series of 5.75% non-convertible junior subordinated notes due 2054 equal to the principal amount converted, plus shares of common stock (and cash in lieu of fractions) only for any value above principal, calculated over a 60-trading-day observation period. The company warns these new non-convertible notes may be less liquid and less attractive than similar securities such as its 7.000% junior subordinated notes due 2056. The filing also reiterates the pending merger at $61.25 in cash per share with an affiliate of Blackstone Infrastructure Partners and explains that, if completed, the merger would be a “make-whole fundamental change” giving noteholders a separate, time-limited cash-only conversion right based on the merger price.
TXNM Energy Inc received an amended Schedule 13G/A filing from The Vanguard Group reporting that, following an internal realignment, Vanguard disaggregated certain subsidiaries and now reports 0 shares beneficially owned and 0% of the class. The filing notes the internal realignment on January 12, 2026 and is signed by Vanguard's Head of Global Fund Administration on March 27, 2026.
TXNM Energy Inc President and CEO Joseph Don Tarry reported multiple equity award transactions dated March 7, 2026. Several restricted stock rights were exercised for no cash price, converting into shares of common stock as part of previously granted awards that vested on that date.
Related Common Stock entries with code "F" reflect shares withheld at $58.88 per share to cover tax obligations arising from these equity settlements. According to the disclosure, TXNM Energy uses a modified share-withholding approach, and only the net shares after tax are delivered to the executive.