Found this growing in the shade at the edge of a wooded area. Any ideas?

It resembles Palafoxia texana, http://www.wlf.louisiana.gov/f...
but the leaves are very different.

I think it's Leafy elephant's-foot, Elephantopus carolinianus It's very pretty, reminds me of hands since it has five fingers.

http://plants.usda.gov/java/pr...

I think you are a lot closer that I was, here is another picture; http://wildflower.org/gallery/...

Christine, you are on the money about the genus. There are three species that are known to grow in Texas, so now come the problem of trying to distinguish between the three.