Pentwater Capital Management 13F: Adds $65M to TXNM Stake
A recent SEC filing shows Pentwater Capital Management lifted its investment in TXNM Energy by nearly 70%.
Reviewed by automated data checks against the source filing. How we make and check alerts
Pentwater Capital Management added 1,149,000 shares to its stake in TXNM Energy, Inc. ($TXNM), a 69.59% increase, according to a 13F filing with the SEC dated May 15, 2026. It reported 2,800,000 shares worth $158.98 million at the end of the quarter.
Since the filing, $TXNM is up 0.4% after 1 week, down 3.7% after 1 month and down 0.5% to date (from the $58.82 close on May 15, 2026).
Find the original: Pentwater Capital Management 13F filings on SEC EDGAR
TXNM
TXNM Energy, Inc.
Key Points
- Pentwater Capital Management increased its holdings in TXNM Energy, Inc. (NYSE:TXNM) by 69.59% during the reporting period.
- The fund added 1,149,000 shares to bring its total position to 2,800,000 shares valued at roughly $158.98 million.
- TXNM Energy shares trade near $56.78, backed by a regulated utility footprint across New Mexico and Texas.
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Pentwater Capital Management Grows Position in TXNM Energy
Pentwater Capital Management expanded its investment in TXNM Energy, Inc. (NYSE:TXNM) during the period covered by its latest Form 13F filing with the SEC. The fund boosted its position by 1,149,000 shares, representing a 69.6% increase from the prior quarter. This sizable adjustment brought the fund's total holdings to 2,800,000 shares. Based on reporting period figures, the updated stake carried an estimated value of about $158.98 million.
TXNM Energy Stock Performance and Market Context
Shares of TXNM Energy recently traded around $56.78, putting the stock near the lower end of its 52-week range of $55.64 to $59.53. The company holds a trailing P/E ratio of 32.01 and carries a forward P/E ratio of 18.01. Because 13F filings look backward at holdings from the close of a previous quarter, these disclosed share numbers might not reflect the fund's exact current holdings today.
Understanding TXNM Energy
TXNM Energy operates as a regulated electric utility providing generation, transmission, and distribution services to residential, commercial, and industrial customers. Operating across New Mexico and Texas, the utility manages essential power infrastructure and delivers reliable electricity services. Formerly known as PNM Resources, the Albuquerque-based firm traces its history back to 1882.
Looking Ahead for TXNM Energy
Investors tracking institutional interest in regulated utilities will watch future SEC filings to see how major shareholders adjust their positions. The company's next scheduled earnings report arrives on October 30, 2026, offering updated financial results for market participants.
Related Filing Alerts
Source: Pentwater Capital Management's 13F filing on $TXNM (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Pentwater Capital Management 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts