Glenmede Trust Co. NA Sells 20,431 Shares of NiSource, Inc $NI

Glenmede Trust Co. NA cut its holdings in NiSource, Inc (NYSE:NI) by 31.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 43,827 shares of the utilities provider’s stock after selling 20,431 shares during the quarter. Glenmede Trust Co. NA’s holdings in NiSource were worth $2,045,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of NI. Zions Bancorporation National Association UT lifted its position in NiSource by 113.8% during the fourth quarter. Zions Bancorporation National Association UT now owns 620 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 330 shares during the last quarter. Strive Financial Group LLC bought a new stake in shares of NiSource in the 4th quarter worth about $26,000. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new stake in shares of NiSource in the 4th quarter worth about $27,000. DV Equities LLC purchased a new stake in shares of NiSource during the 4th quarter valued at about $28,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of NiSource during the 4th quarter valued at about $28,000. Institutional investors own 91.64% of the company’s stock.

Analysts Set New Price Targets

NI has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of NiSource in a research report on Tuesday, July 21st. Royal Bank Of Canada initiated coverage on NiSource in a research note on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 price objective for the company. BMO Capital Markets cut their target price on NiSource from $51.00 to $49.00 and set an “outperform” rating on the stock in a research report on Friday, July 17th. KeyCorp decreased their price target on NiSource from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Finally, Wells Fargo & Company raised their price target on NiSource from $51.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, NiSource presently has an average rating of “Moderate Buy” and an average price target of $50.30.

NiSource Stock Down 3.7%

Shares of NYSE NI opened at $42.89 on Thursday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.65 and a quick ratio of 0.56. The company has a market cap of $20.56 billion, a P/E ratio of 21.34, a PEG ratio of 3.25 and a beta of 0.55. NiSource, Inc has a 1 year low of $38.45 and a 1 year high of $49.21. The firm has a 50-day simple moving average of $46.47 and a two-hundred day simple moving average of $46.43.

NiSource (NYSE:NI) last released its earnings results on Wednesday, August 5th. The utilities provider reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. NiSource had a return on equity of 8.31% and a net margin of 14.15%.The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the firm posted $0.22 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Research analysts anticipate that NiSource, Inc will post 2.09 earnings per share for the current year.

NiSource Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Friday, July 31st will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, July 31st. This represents a $1.20 dividend on an annualized basis and a yield of 2.8%. NiSource’s payout ratio is presently 59.70%.

Insider Buying and Selling at NiSource

In other NiSource news, EVP Melody Birmingham sold 10,000 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $47.19, for a total value of $471,900.00. Following the transaction, the executive vice president owned 117,899 shares of the company’s stock, valued at $5,563,653.81. This represents a 7.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Melanie B. Berman sold 15,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $47.68, for a total value of $715,200.00. Following the completion of the sale, the executive vice president owned 35,990 shares in the company, valued at approximately $1,716,003.20. The trade was a 29.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 27,500 shares of company stock worth $1,305,675 in the last ninety days. 0.37% of the stock is currently owned by corporate insiders.

Trending Headlines about NiSource

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: NiSource reported second-quarter adjusted EPS of $0.16, in line with the broader consensus and above the $0.15 Zacks estimate. Revenue of $1.34 billion exceeded analysts’ $1.15 billion forecast, with NIPSCO gains helping offset weaker results at Columbia. NiSource Q2 Earnings Top Estimates on NIPSCO Gains, Data Center Demand
• Positive Sentiment: Management reaffirmed its target for 9%–10% adjusted EPS compound annual growth from 2026 through 2033. NiSource also continues to pursue a $28.6 billion 2026–2030 capital plan, including $7.6 billion for strategic data-center infrastructure, supporting a potentially important long-term growth driver. NiSource reaffirms 2026 adjusted EPS guidance and long-term growth target
• Neutral Sentiment: NiSource maintained 2026 adjusted EPS guidance of $2.02–$2.07. While the outlook remains intact, the midpoint is slightly below the approximately $2.06 analyst consensus, giving investors limited evidence of a near-term earnings upgrade. NiSource beats Q2 earnings and revenue estimates
• Negative Sentiment: Second-quarter GAAP net income fell to $45.5 million, or $0.09 per diluted share, from $102.2 million, or $0.22, a year earlier. The adjusted EPS result also declined from $0.22, highlighting pressure in reported profitability despite the revenue beat. NiSource Q2 GAAP net income falls
• Negative Sentiment: Several NiSource insiders reportedly sold shares during the past six months without recorded open-market purchases. Although insider sales may reflect personal liquidity needs, the activity can weigh on investor sentiment following the earnings release.

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.