Universal Beteiligungs und Servicegesellschaft mbH Acquires 15,282 Shares of NiSource, Inc $NI

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in NiSource, Inc (NYSE:NI) by 7.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 213,923 shares of the utilities provider’s stock after purchasing an additional 15,282 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in NiSource were worth $9,263,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Orion Porfolio Solutions LLC increased its stake in shares of NiSource by 55,625.2% in the second quarter. Orion Porfolio Solutions LLC now owns 16,866,898 shares of the utilities provider’s stock valued at $680,411,000 after buying an additional 16,836,630 shares in the last quarter. Norges Bank acquired a new stake in NiSource in the 2nd quarter valued at about $296,543,000. Soroban Capital Partners LP raised its stake in shares of NiSource by 52.0% in the second quarter. Soroban Capital Partners LP now owns 4,434,245 shares of the utilities provider’s stock worth $178,877,000 after acquiring an additional 1,516,296 shares during the last quarter. Merewether Investment Management LP lifted its position in shares of NiSource by 55.2% during the second quarter. Merewether Investment Management LP now owns 3,006,194 shares of the utilities provider’s stock worth $121,270,000 after purchasing an additional 1,069,363 shares in the last quarter. Finally, State Street Corp grew its stake in shares of NiSource by 4.1% during the second quarter. State Street Corp now owns 24,726,001 shares of the utilities provider’s stock valued at $997,447,000 after purchasing an additional 965,718 shares during the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

Wall Street Analysts Forecast Growth

NI has been the subject of several research analyst reports. BMO Capital Markets boosted their price objective on shares of NiSource from $46.00 to $47.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Mizuho lifted their target price on NiSource from $44.00 to $50.00 and gave the company an “outperform” rating in a research note on Wednesday, December 3rd. UBS Group upped their price target on NiSource from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Barclays set a $45.00 price target on NiSource in a report on Monday, December 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of NiSource in a report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $46.89.

Insider Transactions at NiSource

In related news, EVP Kimberly S. Cuccia sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were 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 in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.24% of the company’s stock.

NiSource Stock Down 0.3%

NYSE:NI opened at $43.39 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.52 and a debt-to-equity ratio of 1.29. NiSource, Inc has a 12-month low of $35.64 and a 12-month high of $44.88. The stock’s fifty day simple moving average is $42.36 and its 200-day simple moving average is $42.24. The firm has a market capitalization of $20.70 billion, a P/E ratio of 22.96, a P/E/G ratio of 3.57 and a beta of 0.65.

NiSource (NYSE:NI) last released its earnings results on Wednesday, October 29th. The utilities provider reported $0.19 earnings per share 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 company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $983.25 million. During the same period in the previous year, the company 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 research analysts expect that NiSource, Inc will post 1.91 earnings per share for the current year.

NiSource Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Tuesday, February 3rd will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, February 3rd. This is a positive change from NiSource’s previous quarterly dividend of $0.28. NiSource’s payout ratio is 59.26%.

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.