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PNM Resources (PNM) News Today

$38.71
+0.34 (+0.89%)
(As of 07/12/2024 ET)
PNM Resources logo with Utilities background
Duality Advisers LP Acquires Shares of 58,995 PNM Resources, Inc. (NYSE:PNM)
Duality Advisers LP bought a new position in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 58,995 shares of the utilities provider's stock, valued at approximatel
PNM Resources logo with Utilities background
Mirae Asset Global Investments Co. Ltd. Buys 51,656 Shares of PNM Resources, Inc. (NYSE:PNM)
Mirae Asset Global Investments Co. Ltd. increased its stake in PNM Resources, Inc. (NYSE:PNM - Free Report) by 131.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,912 shares of the utilities provider's st
PNM Resources logo with Utilities background
Capstone Investment Advisors LLC Takes Position in PNM Resources, Inc. (NYSE:PNM)
Capstone Investment Advisors LLC bought a new stake in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 30,193 shares of the utilities provider's stock, va
PNM Resources logo with Utilities background
PNM Resources (NYSE:PNM) Cut to Sell at StockNews.com
StockNews.com lowered PNM Resources from a "hold" rating to a "sell" rating in a report on Wednesday.
PNM Resources logo with Utilities background
Short Interest in PNM Resources, Inc. (NYSE:PNM) Rises By 31.4%
PNM Resources, Inc. (NYSE:PNM - Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 2,220,000 shares, an increase of 31.4% from the May 31st total of 1,690,000 shares. Based on an average daily volume of 628,400 shares, the days-to-cover ratio is presently 3.5 days.
PNM Resources logo with Utilities background
Vanguard Group Inc. Has $388.17 Million Position in PNM Resources, Inc. (NYSE:PNM)
Vanguard Group Inc. lessened its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,330,930 shares of the utilities provider's stock after sel
PNM Resources logo with Utilities background
PNM Resources, Inc. (NYSE:PNM) Receives Consensus Recommendation of "Hold" from Analysts
Shares of PNM Resources, Inc. (NYSE:PNM - Get Free Report) have been given an average recommendation of "Hold" by the five brokerages that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have given a buy rating to the com
PNM Resources logo with Utilities background
PNM Resources (NYSE:PNM) Rating Increased to Hold at StockNews.com
StockNews.com raised shares of PNM Resources from a "sell" rating to a "hold" rating in a research note on Tuesday.
PNM Resources logo with Utilities background
NBC Securities Inc. Makes New Investment in PNM Resources, Inc. (NYSE:PNM)
NBC Securities Inc. purchased a new position in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 55,600 shares of the utilities provider's
PNM Resources logo with Utilities background
Nomura Holdings Inc. Acquires Shares of 426,443 PNM Resources, Inc. (NYSE:PNM)
Nomura Holdings Inc. acquired a new stake in PNM Resources, Inc. (NYSE:PNM - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 426,443 shares of the utilities provider's stock, valued at approximately $17,740,0
PNM Files 2025 Rate Request
K2 Principal Fund L.P. Purchases New Shares in PNM Resources, Inc. (NYSE:PNM)
K2 Principal Fund L.P. purchased a new position in PNM Resources, Inc. (NYSE:PNM - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 80,000 shares of the utilities provider's stoc
PNM Resources, Inc. (NYSE:PNM) Shares Sold by P Schoenfeld Asset Management LP
P Schoenfeld Asset Management LP reduced its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 67.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 188,568 shares of the utilities provider's stock after selling 393,6
PSquared Asset Management AG Decreases Position in PNM Resources, Inc. (NYSE:PNM)
PSquared Asset Management AG trimmed its position in PNM Resources, Inc. (NYSE:PNM - Free Report) by 15.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,848,995 shares of the utilities provider's stock after selling 331
First Trust Advisors LP Buys 94,267 Shares of PNM Resources, Inc. (NYSE:PNM)
First Trust Advisors LP lifted its stake in PNM Resources, Inc. (NYSE:PNM - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,587,169 shares of the utilities provider's stock after purchasing an additional 94,267 shares
GABELLI & Co INVESTMENT ADVISERS INC. Sells 40,130 Shares of PNM Resources, Inc. (NYSE:PNM)
GABELLI & Co INVESTMENT ADVISERS INC. cut its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 497,649 shares of the utilities provider's stock after selling 40,130 shares during the
Allianz Asset Management GmbH Buys 81,134 Shares of PNM Resources, Inc. (NYSE:PNM)
Allianz Asset Management GmbH increased its stake in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) by 154.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,729 shares of the utilities provider's stock after
PNM Resources (NYSE:PNM) Shares Gap Down to $38.08
PNM Resources (NYSE:PNM) Shares Gap Down to $38.08
PNM Resources (NYSE:PNM) Releases FY24 Earnings Guidance
PNM Resources (NYSE:PNM) updated its FY24 earnings guidance. The company provided EPS guidance of $2.65-2.75 for the period, compared to the consensus estimate of $2.68.
PNM Resources, Inc. (NYSE:PNM) Given Consensus Recommendation of "Hold" by Brokerages
PNM Resources, Inc. (NYSE:PNM - Get Free Report) has been given an average rating of "Hold" by the five research firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The averag
Crestline Management LP Invests $8.32 Million in PNM Resources, Inc. (NYSE:PNM)
Crestline Management LP acquired a new position in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 200,000 shares of the utilities provider's stock, valued at approximately $8,320,000. Crestline Manag
PNM Resources (NYSE:PNM) Upgraded to "Hold" by StockNews.com
StockNews.com upgraded shares of PNM Resources from a "sell" rating to a "hold" rating in a report on Thursday.
PNM Resources (NYSE:PNM) Coverage Initiated by Analysts at Evercore ISI
Evercore ISI initiated coverage on shares of PNM Resources in a report on Thursday. They issued an "in-line" rating and a $38.00 price target on the stock.
Dimensional Fund Advisors LP Has $64.25 Million Stock Holdings in PNM Resources, Inc. (NYSE:PNM)
Dimensional Fund Advisors LP lifted its position in shares of PNM Resources, Inc. (NYSE:PNM - Free Report) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,544,429 shares of the utilities provider's stock after p
PNM Resources, Inc. (NYSE:PNM) Expected to Earn Q3 2024 Earnings of $1.41 Per Share
PNM Resources, Inc. (NYSE:PNM - Free Report) - Zacks Research raised their Q3 2024 EPS estimates for PNM Resources in a report issued on Tuesday, May 21st. Zacks Research analyst J. Saha now anticipates that the utilities provider will post earnings per share of $1.41 for the quarter, up from the
PNM Resources, Inc. (NYSE:PNM) to Post Q2 2024 Earnings of $0.55 Per Share, Zacks Research Forecasts
PNM Resources, Inc. (NYSE:PNM - Free Report) - Stock analysts at Zacks Research decreased their Q2 2024 earnings estimates for PNM Resources in a research report issued to clients and investors on Tuesday, May 21st. Zacks Research analyst J. Saha now anticipates that the utilities provider will p
Quest Partners LLC Takes Position in PNM Resources, Inc. (NYSE:PNM)
Quest Partners LLC purchased a new stake in PNM Resources, Inc. (NYSE:PNM - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 23,155 shares of the utilities provider's stock, valued at approximatel
Kapitalo Investimentos Ltda Cuts Stake in PNM Resources, Inc. (NYSE:PNM)
Kapitalo Investimentos Ltda lessened its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 199,616 shares of the utilities provider's stock
Dynamic Technology Lab Private Ltd Cuts Stake in PNM Resources, Inc. (NYSE:PNM)
Dynamic Technology Lab Private Ltd lessened its stake in PNM Resources, Inc. (NYSE:PNM - Free Report) by 71.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,882 shares of the utilities provider's stock
PNM Resources, Inc. (NYSE:PNM) Shares Acquired by Segantii Capital Management Ltd
Segantii Capital Management Ltd boosted its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 111.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 736,439 shares of the utilities provider's stock after acquiring an additional 388,436
BCK Capital Management LP Sells 167,103 Shares of PNM Resources, Inc. (NYSE:PNM)
BCK Capital Management LP trimmed its holdings in PNM Resources, Inc. (NYSE:PNM - Free Report) by 81.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,133 shares of the utilities provider's stock a
Materion: Q1 Earnings Snapshot
PNM Resources (NYSE:PNM) Announces Earnings Results
PNM Resources (NYSE:PNM - Get Free Report) released its quarterly earnings results on Tuesday. The utilities provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.27). PNM Resources had a return on equity of 10.51% and a net margin of 4.54%. The company had revenue of $436.90 million for the quarter, compared to analysts' expectations of $531.00 million. During the same quarter last year, the company earned $0.55 EPS. PNM Resources's revenue for the quarter was down 19.7% compared to the same quarter last year.
Gates Industrial: Q1 Earnings Snapshot
Q1 2024 PNM Resources Inc Earnings Call
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PNM Media Mentions By Week

PNM Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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News Sentiment

0.68

0.65

Average
Utilities
News Sentiment

PNM News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

PNM Articles
This Week

4

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PNM Articles
Average Week

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This page (NYSE:PNM) was last updated on 7/14/2024 by MarketBeat.com Staff

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