25,714 Shares in NiSource, Inc $NI Purchased by Inspire Advisors LLC

Inspire Advisors LLC purchased a new stake in shares of NiSource, Inc (NYSE:NI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,714 shares of the utilities provider’s stock, valued at approximately $1,113,000.

A number of other hedge funds have also bought and sold shares of NI. Crewe Advisors LLC lifted its position in NiSource by 90.7% during the second quarter. Crewe Advisors LLC now owns 639 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 304 shares during the period. Hantz Financial Services Inc. grew its position in NiSource by 2,668.0% during the second quarter. Hantz Financial Services Inc. now owns 692 shares of the utilities provider’s stock valued at $28,000 after buying an additional 667 shares during the period. Country Trust Bank purchased a new stake in NiSource during the second quarter valued at approximately $28,000. Ameritas Advisory Services LLC bought a new position in shares of NiSource during the 2nd quarter valued at approximately $32,000. Finally, Quent Capital LLC purchased a new position in NiSource during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

NiSource Price Performance

NYSE NI opened at $43.93 on Tuesday. NiSource, Inc has a 52-week low of $35.64 and a 52-week high of $44.88. The firm’s 50 day moving average price is $42.35 and its 200-day moving average price is $42.15. The company has a market cap of $20.96 billion, a PE ratio of 23.24, a P/E/G ratio of 2.72 and a beta of 0.65. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.39 and a current ratio of 0.52.

NiSource (NYSE:NI) last issued its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $983.25 million. NiSource had a net margin of 14.15% and a return on equity of 8.09%. During the same quarter in the prior 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. Sell-side analysts forecast that NiSource, Inc will post 1.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on NI shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NiSource in a report on Monday, December 29th. Wells Fargo & Company raised shares of NiSource to a “strong-buy” rating in a research note on Tuesday, October 28th. Jefferies Financial Group upgraded shares of 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. BMO Capital Markets upped their price objective on NiSource from $46.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Finally, Barclays set a $45.00 target price on NiSource in a research report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $46.67.

Insider Buying and Selling at NiSource

In other news, EVP Kimberly S. Cuccia sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $43.13, for a total value of $345,040.00. Following the completion of the transaction, the executive vice president directly owned 41,247 shares in the company, valued at $1,778,983.11. This trade represents a 16.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.24% of the company’s stock.

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.