Nisa Investment Advisors LLC Sells 17,913 Shares of NiSource, Inc $NI

Nisa Investment Advisors LLC cut its position in NiSource, Inc (NYSE:NI) by 12.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,772 shares of the utilities provider’s stock after selling 17,913 shares during the quarter. Nisa Investment Advisors LLC’s holdings in NiSource were worth $5,085,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC raised its position in NiSource by 60.1% during the first quarter. NewEdge Advisors LLC now owns 30,494 shares of the utilities provider’s stock valued at $1,223,000 after purchasing an additional 11,452 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of NiSource by 41.6% in the 1st quarter. Woodline Partners LP now owns 39,703 shares of the utilities provider’s stock valued at $1,592,000 after purchasing an additional 11,671 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of NiSource in the 1st quarter valued at $105,000. Steward Partners Investment Advisory LLC increased its stake in shares of NiSource by 16.4% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,260 shares of the utilities provider’s stock valued at $132,000 after purchasing an additional 459 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of NiSource by 3.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 18,115 shares of the utilities provider’s stock worth $731,000 after buying an additional 633 shares in the last quarter. Institutional investors own 91.64% of the company’s stock.

Trending Headlines about NiSource

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: KeyCorp initiated coverage on NiSource with a “Strong-Buy” and detailed quarterly and multi-year EPS forecasts (FY2026: $2.06; FY2027: $2.28; FY2028: $2.42; FY2029: $2.67; FY2030: $2.93). That outlook signals above-consensus growth expectations and helps explain buying interest. NiSource (NYSE:NI) Coverage Initiated at KeyCorp
• Positive Sentiment: KeyCorp’s quarterly detail (Q1 2026: $1.07; Q2: $0.17; Q3: $0.20; Q4: $0.62) indicates stronger first-half earnings skew and a full-year FY2026 view roughly in line with NiSource’s own guidance (NiSource guidance: ~$2.02–2.07 for FY2026), which increases credibility of the estimate-driven rally. KeyCorp EPS Detail
• Positive Sentiment: Zacks included NiSource among defensive utility picks in a roundup, which can attract risk‑averse investors seeking stable earnings and dividends in uncertain macro conditions. Consumer Confidence Climbs But Economic Woes Remain: 4 Utility Picks
• Neutral Sentiment: Brokerage coverage shows a price target of $47.20, which is close to the current trading level — supportive but suggesting limited immediate upside unless estimates or guidance move materially higher. Brokerages Set NiSource, Inc (NYSE:NI) Price Target at $47.20

NiSource Trading Up 1.2%

NYSE NI opened at $47.46 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.69 and a debt-to-equity ratio of 1.33. NiSource, Inc has a twelve month low of $35.64 and a twelve month high of $47.96. The company has a market cap of $22.75 billion, a price-to-earnings ratio of 24.34, a price-to-earnings-growth ratio of 3.84 and a beta of 0.61. The business’s fifty day moving average is $45.83 and its 200 day moving average is $43.68.

NiSource (NYSE:NI) last issued its earnings results on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. The business had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.20 billion. NiSource had a return on equity of 8.07% and a net margin of 13.99%.During the same quarter in the prior year, the firm earned $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, sell-side analysts expect that NiSource, Inc will post 1.91 EPS for the current fiscal year.

NiSource Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, April 30th. NiSource’s payout ratio is 61.54%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of NiSource in a research report on Friday, March 27th. Wall Street Zen downgraded NiSource from a “hold” rating to a “sell” rating in a research note on Saturday, January 3rd. KeyCorp initiated coverage on shares of NiSource in a report on Tuesday. They issued an “overweight” rating and a $52.00 target price for the company. Citigroup raised their price target on shares of NiSource from $44.00 to $47.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Finally, Wells Fargo & Company lifted their price target on shares of NiSource from $47.00 to $49.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, NiSource has an average rating of “Moderate Buy” and a consensus price target of $47.64.

About NiSource

NiSource, Inc (NYSE: NI) is a publicly traded energy holding company headquartered in Merrillville, Indiana, that primarily owns and operates regulated local gas and electric utilities in the United States. Through its operating subsidiaries, the company delivers natural gas and electricity to residential, commercial and industrial customers and provides the associated distribution and transmission services that keep local energy systems functioning.

The company’s core activities include natural gas distribution, electric transmission and distribution, system operations, maintenance and emergency response.