Tema Etfs LLC Has $3.14 Million Stake in NiSource, Inc $NI

Tema Etfs LLC increased its position in shares of NiSource, Inc (NYSE:NI) by 34.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,817 shares of the utilities provider’s stock after purchasing an additional 20,130 shares during the period. Tema Etfs LLC’s holdings in NiSource were worth $3,139,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in shares of NiSource by 29.9% during the first quarter. LPL Financial LLC now owns 234,234 shares of the utilities provider’s stock worth $9,390,000 after buying an additional 53,972 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in shares of NiSource in the first quarter valued at about $251,000. US Bancorp DE increased its position in NiSource by 1.5% during the first quarter. US Bancorp DE now owns 41,173 shares of the utilities provider’s stock worth $1,651,000 after acquiring an additional 600 shares during the period. Commerce Bank raised its stake in NiSource by 29.8% in the 1st quarter. Commerce Bank now owns 14,294 shares of the utilities provider’s stock worth $573,000 after purchasing an additional 3,279 shares in the last quarter. Finally, Blair William & Co. IL raised its stake in NiSource by 2.7% in the 1st quarter. Blair William & Co. IL now owns 21,645 shares of the utilities provider’s stock worth $868,000 after purchasing an additional 575 shares in the last quarter. 91.64% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NI has been the topic of several recent research reports. Evercore ISI raised their target price on shares of NiSource from $46.00 to $47.00 and gave the stock an “in-line” rating in a report on Thursday, October 30th. Weiss Ratings reissued a “buy (b)” rating on shares of NiSource in a research report on Monday. Wall Street Zen upgraded NiSource from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Jefferies Financial Group upgraded NiSource from a “hold” rating to a “buy” rating and upped their target price for the company from $46.00 to $50.00 in a research report on Friday, October 31st. Finally, Mizuho raised their price target on NiSource from $44.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NiSource presently has an average rating of “Moderate Buy” and a consensus target price of $46.44.

NiSource Stock Up 0.0%

NYSE NI opened at $41.89 on Friday. The business has a fifty day moving average price of $43.17 and a two-hundred day moving average price of $41.55. The stock has a market capitalization of $19.99 billion, a PE ratio of 22.16, a PEG ratio of 2.80 and a beta of 0.63. NiSource, Inc has a fifty-two week low of $35.36 and a fifty-two week high of $44.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.52 and a quick ratio of 0.39.

NiSource (NYSE:NI) last issued its quarterly earnings results on Wednesday, October 29th. The utilities provider reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). NiSource had a net margin of 14.15% and a return on equity of 8.09%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $983.25 million. During the same quarter in the previous year, the business posted $0.20 EPS. NiSource has set its FY 2026 guidance at 2.020-2.07 EPS and its FY 2025 guidance at 1.870-1.89 EPS. Equities analysts expect that NiSource, Inc will post 1.91 earnings per share for the current fiscal year.

Insider Buying and Selling

In other NiSource news, EVP Kimberly S. Cuccia sold 8,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $43.13, for a total transaction of $345,040.00. Following the completion of the transaction, the executive vice president owned 41,247 shares of the company’s stock, valued at approximately $1,778,983.11. The trade was a 16.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.24% of the company’s stock.

About NiSource

NiSource Inc, an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.