NiSource, Inc $NI Stock Holdings Lifted by Atria Investments Inc

Atria Investments Inc raised its stake in NiSource, Inc (NYSE:NI) by 24.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,631 shares of the utilities provider’s stock after buying an additional 3,631 shares during the quarter. Atria Investments Inc’s holdings in NiSource were worth $752,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Crumly & Associates Inc. increased its holdings in shares of NiSource by 1.5% during the 2nd quarter. Crumly & Associates Inc. now owns 18,274 shares of the utilities provider’s stock worth $737,000 after purchasing an additional 265 shares during the period. Larson Financial Group LLC lifted its holdings in NiSource by 48.8% in the first quarter. Larson Financial Group LLC now owns 811 shares of the utilities provider’s stock valued at $33,000 after buying an additional 266 shares during the period. Signaturefd LLC increased its stake in shares of NiSource by 3.9% in the 2nd quarter. Signaturefd LLC now owns 7,167 shares of the utilities provider’s stock valued at $289,000 after acquiring an additional 272 shares during the last quarter. Capital Analysts LLC lifted its holdings in shares of NiSource by 0.6% during the 1st quarter. Capital Analysts LLC now owns 50,416 shares of the utilities provider’s stock valued at $2,021,000 after purchasing an additional 283 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its position in shares of NiSource by 3.5% during the first quarter. Chicago Partners Investment Group LLC now owns 8,902 shares of the utilities provider’s stock worth $360,000 after buying an additional 299 shares during the period. Institutional investors and hedge funds own 91.64% of the company’s stock.

NiSource Price Performance

Shares of NYSE NI opened at $43.53 on Friday. NiSource, Inc has a fifty-two week low of $35.09 and a fifty-two week high of $44.88. The stock has a market cap of $20.77 billion, a PE ratio of 23.03, a price-to-earnings-growth ratio of 3.13 and a beta of 0.62. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.48 and a current ratio of 0.52. The stock has a fifty day moving average of $42.34 and a 200-day moving average of $41.05.

NiSource (NYSE:NI) last posted its earnings results 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 $1.14 billion for the quarter, compared to analysts’ expectations of $983.25 million. NiSource had a return on equity of 8.09% and a net margin of 14.15%.During the same quarter in the previous year, the firm earned $0.20 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.07 EPS. FY 2025 guidance at 1.870-1.89 EPS. Equities research analysts anticipate that NiSource, Inc will post 1.91 earnings per share for the current year.

NiSource Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Friday, October 31st will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 31st. NiSource’s dividend payout ratio is 59.26%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Jefferies Financial Group raised NiSource from a “hold” rating to a “buy” rating and raised their price target for the company from $46.00 to $50.00 in a report on Friday, October 31st. Barclays lifted their target price on shares of NiSource from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b)” rating on shares of NiSource in a research note on Wednesday, October 8th. Evercore ISI boosted their target price on shares of NiSource from $46.00 to $47.00 and gave the company an “in-line” rating in a report on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of NiSource from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. 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 company. Based on data from MarketBeat, NiSource presently has a consensus rating of “Moderate Buy” and an average price target of $45.78.

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.