Alps Advisors Inc. Has $921,000 Position in NiSource, Inc $NI

Alps Advisors Inc. lessened its holdings in shares of NiSource, Inc (NYSE:NI) by 84.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 21,260 shares of the utilities provider’s stock after selling 117,294 shares during the period. Alps Advisors Inc.’s holdings in NiSource were worth $921,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NI. Crewe Advisors LLC lifted its holdings in shares of NiSource by 90.7% during the second quarter. Crewe Advisors LLC now owns 639 shares of the utilities provider’s stock worth $26,000 after buying an additional 304 shares during the last quarter. Hantz Financial Services Inc. raised its stake in NiSource by 2,668.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 692 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 667 shares during the last quarter. Country Trust Bank bought a new stake in NiSource in the 2nd quarter valued at $28,000. Ameritas Advisory Services LLC acquired a new stake in NiSource in the 2nd quarter worth $32,000. Finally, Quent Capital LLC bought a new position in shares of NiSource during the 3rd quarter worth about $36,000. Institutional investors and hedge funds own 91.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on NI. UBS Group upped their price target on NiSource from $45.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Wells Fargo & Company raised their price objective on shares of NiSource from $47.00 to $49.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $49.00 price target on shares of NiSource in a report on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NiSource in a report on Monday, December 29th. Finally, Wall Street Zen lowered NiSource from a “hold” rating to a “sell” rating in a research report on Saturday, January 3rd. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.11.

More NiSource News

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: Q4 beat on EPS and revenue — NiSource reported $0.51 EPS vs. $0.49 expected and revenue surged ~18% year-over-year, driven by higher commercial demand; this beats consensus and supports near-term earnings visibility. NiSource beats fourth-quarter profit estimates, reaffirms 2026 forecast
• Positive Sentiment: Company reaffirmed FY2026 guidance (EPS range 2.020–2.070) and provided detailed slide deck/press materials with a robust capital spending plan to capture rising commercial power demand — keeps guidance intact while investing to grow. NiSource: Q4 Earnings Snapshot
• Positive Sentiment: Longer-term growth driver — management outlined an 8–9% EPS CAGR through 2033 and cited a large (~$1B) customer flowback tied to an Amazon contract and other commercial opportunities, which supports an elevated growth runway vs. typical utility peers. NiSource outlines 8% to 9% EPS CAGR through 2033 as Amazon contract drives $1B customer flowback
• Neutral Sentiment: Short interest fell ~20% in January to ~8.65M shares (1.8% of float), lowering potential short-squeeze risk and suggesting some bearish positions were closed. (Market data entry)
• Neutral Sentiment: Analyst/sector context — Jefferies highlighted select dividend-paying utilities but cautioned on the sector; NiSource benefits from data-center demand but remains exposed to sector-wide regulatory/capex cycles. Jefferies Loves 5 Dividend-Paying Utility Stocks but Warns of Caution on the Sector
• Neutral Sentiment: Community/environment items (NIPSCO/Columbia Gas grant programs) are ongoing local activity but are unlikely to move the stock materially. 2026 Environmental Action Grant applications are open
• Negative Sentiment: Higher capex to meet AI/data-center demand raises near-term funding needs and could pressure free cash flow or leverage metrics despite the growth opportunity; investors will watch capex execution and financing. NiSource Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

NiSource Trading Down 0.0%

Shares of NYSE:NI opened at $44.71 on Thursday. The firm has a market cap of $21.34 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 3.67 and a beta of 0.65. NiSource, Inc has a 12 month low of $35.64 and a 12 month high of $45.62. The company’s fifty day simple moving average is $42.68 and its 200 day simple moving average is $42.57. 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 (NYSE:NI) last released its earnings results on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. NiSource had a return on equity of 8.09% and a net margin of 14.15%.The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the prior year, the company earned $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, research analysts forecast that NiSource, Inc will post 1.91 EPS for the current fiscal year.

NiSource Increases Dividend

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

Insider Buying and Selling at NiSource

In other news, EVP Kimberly S. Cuccia sold 8,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $43.13, for a total value of $345,040.00. Following the sale, the executive vice president owned 41,247 shares of the company’s stock, valued at $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 SEC, which can be accessed through the SEC website. 0.24% of the stock is owned by corporate insiders.

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.