Wealthfront Advisers LLC Lowers Position in NiSource, Inc $NI

Wealthfront Advisers LLC trimmed its position in NiSource, Inc (NYSE:NI) by 15.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,391 shares of the utilities provider’s stock after selling 17,226 shares during the period. Wealthfront Advisers LLC’s holdings in NiSource were worth $4,087,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. lifted its holdings in shares of NiSource by 181.7% during the second quarter. Cullen Frost Bankers Inc. now owns 1,459 shares of the utilities provider’s stock valued at $59,000 after purchasing an additional 941 shares during the last quarter. Magnetar Financial LLC raised its stake in NiSource by 195.5% during the second quarter. Magnetar Financial LLC now owns 182,949 shares of the utilities provider’s stock valued at $7,380,000 after buying an additional 121,043 shares during the last quarter. Picton Mahoney Asset Management raised its stake in NiSource by 10.6% during the second quarter. Picton Mahoney Asset Management now owns 340,504 shares of the utilities provider’s stock valued at $13,737,000 after buying an additional 32,595 shares during the last quarter. Williamson Legacy Group LLC grew its stake in shares of NiSource by 138.7% in the second quarter. Williamson Legacy Group LLC now owns 29,720 shares of the utilities provider’s stock worth $1,199,000 after acquiring an additional 17,271 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of NiSource by 1.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 4,215,924 shares of the utilities provider’s stock worth $170,070,000 after acquiring an additional 55,515 shares during the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Insider Buying and Selling at NiSource

In other NiSource news, EVP Kimberly S. Cuccia sold 8,000 shares of the company’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 sale, the executive vice president owned 41,247 shares in the company, valued at $1,778,983.11. This represents a 16.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NI shares. Citigroup upped their price target on shares of NiSource from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday. Mizuho lifted their target price on shares of NiSource from $44.00 to $50.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Wall Street Zen cut shares of NiSource from a “hold” rating to a “sell” rating in a report on Saturday, January 3rd. Evercore raised their price target on shares of NiSource from $46.00 to $47.00 and gave the company an “in-line” rating in a research report on Thursday, October 30th. Finally, UBS Group increased their target price on NiSource from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NiSource currently has an average rating of “Moderate Buy” and an average price target of $47.20.

NiSource Stock Performance

Shares of NI opened at $45.20 on Friday. The business has a 50-day simple moving average of $42.75 and a two-hundred day simple moving average of $42.58. The stock has a market cap of $21.57 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 3.67 and a beta of 0.65. NiSource, Inc has a 52 week low of $35.64 and a 52 week high of $45.76. The company has a quick ratio of 0.39, a current ratio of 0.69 and a debt-to-equity ratio of 1.33.

NiSource (NYSE:NI) last posted its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. NiSource had a net margin of 13.99% and a return on equity of 8.07%. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the company posted $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, analysts expect that NiSource, Inc will post 1.91 EPS for the current year.

NiSource Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Tuesday, February 3rd will be issued a dividend of $0.30 per share. The ex-dividend date is Tuesday, February 3rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from NiSource’s previous quarterly dividend of $0.28. NiSource’s dividend payout ratio (DPR) is currently 63.49%.

NiSource News Summary

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: Q4 earnings beat and strong revenue — NiSource reported $0.51 EPS vs. $0.49 expected and revenue of ~$1.90B (well above estimates), which underpins the rally. NiSource Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
• Positive Sentiment: Reaffirmed 2026 outlook and big capex plan to serve data centers — Management reaffirmed 2026 guidance and highlighted robust capital spending to meet rising commercial/AI data-center demand, signaling revenue and earnings tailwinds. NiSource beats fourth-quarter profit estimates, reaffirms 2026 forecast
• Positive Sentiment: Longer-term growth visibility — Management outlined an 8–9% EPS CAGR through 2033 and cited a roughly $1B customer flowback related to an Amazon contract, providing a multi-year growth narrative that investors can value. NiSource outlines 8% to 9% EPS CAGR through 2033 as Amazon contract drives $1B
• Positive Sentiment: Dividend appeal — Independent commentary highlights NiSource as an attractive dividend stock, which can support demand from income-focused investors. NiSource (NI) Could Be a Great Choice
• Neutral Sentiment: Earnings materials and call transcript available — Management’s slide deck and call transcript provide more detail on capex timing and customer contracts; investors should review them for guidance nuances. NiSource Q4 2025 earnings call transcript
• Neutral Sentiment: Preview/assessments note the beat but flag capex execution as key — analyst previews and assessments emphasize the beat but say outlook depends on capex returns and execution. What’s Next: NiSource’s Earnings Preview
• Negative Sentiment: Sector caution on heavy capex — Some analysts (and sector reports) warn that the utilities rally tied to data-center demand carries risks: sizable capex can pressure returns, leverage and regulatory outcomes if projects underperform. Jefferies Loves 5 Dividend-Paying Utility Stocks but Warns of Caution on the Sector

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.