NiSource (NYSE:NI) EVP Sells $118,575.00 in Stock

Posted by Brenda Bartman on May 21st, 2026

NiSource, Inc (NYSE:NI – Get Free Report) EVP Melody Birmingham sold 2,500 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.43, for a total value of $118,575.00. Following the sale, the executive vice president owned 116,036 shares in the company, valued at approximately $5,503,587.48. The trade was a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Melody Birmingham also recently made the following trade(s):

On Thursday, May 14th, Melody Birmingham sold 10,000 shares of NiSource stock. The shares were sold at an average price of $47.19, for a total value of $471,900.00.

NiSource Stock Performance

NiSource stock traded up $0.74 during trading hours on Thursday, hitting $47.76. 4,472,092 shares of the stock traded hands, compared to its average volume of 4,333,381. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.65 and a quick ratio of 0.56. The firm’s 50 day moving average price is $47.13 and its 200-day moving average price is $44.80. The stock has a market capitalization of $22.90 billion, a price-to-earnings ratio of 23.76, a P/E/G ratio of 3.79 and a beta of 0.57. NiSource, Inc has a 1 year low of $38.13 and a 1 year high of $48.98.

NiSource (NYSE:NI – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.06 earnings per share for the quarter, meeting the consensus estimate of $1.06. The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.52 billion. NiSource had a return on equity of 8.31% and a net margin of 14.15%.During the same quarter in the previous year, the business earned $0.85 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, equities analysts expect that NiSource, Inc will post 2.05 EPS for the current fiscal year.

NiSource Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Friday, July 31st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, July 31st. NiSource’s payout ratio is presently 59.70%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NI. KeyCorp assumed coverage on NiSource in a research note on Tuesday, March 31st. They set an “overweight” rating and a $52.00 price target on the stock. Weiss Ratings cut NiSource from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Wells Fargo & Company boosted their price target on NiSource from $51.00 to $52.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. BMO Capital Markets reissued an “outperform” rating and issued a $51.00 price target on shares of NiSource in a report on Monday, April 20th. Finally, Wall Street Zen downgraded NiSource from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $50.33.

Check Out Our Latest Research Report on NI

Hedge Funds Weigh In On NiSource

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of NiSource by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 62,408,533 shares of the utilities provider’s stock valued at $2,606,180,000 after acquiring an additional 1,032,630 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of NiSource by 19.0% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 51,504,257 shares of the utilities provider’s stock valued at $2,150,818,000 after acquiring an additional 8,240,227 shares in the last quarter. State Street Corp lifted its position in shares of NiSource by 4.5% in the fourth quarter. State Street Corp now owns 26,735,119 shares of the utilities provider’s stock valued at $1,116,459,000 after acquiring an additional 1,154,351 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position 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 acquiring an additional 16,836,630 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of NiSource by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 12,459,421 shares of the utilities provider’s stock valued at $518,301,000 after acquiring an additional 245,110 shares in the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

NiSource Company Profile

(Get Free Report)

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.