Havemeyer Place LP Makes New $610,000 Investment in NiSource, Inc $NI

Posted by George Bondi on Jun 9th, 2026

Havemeyer Place LP bought a new stake in shares of NiSource, Inc (NYSE:NI – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,606 shares of the utilities provider’s stock, valued at approximately $610,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Godfrey Financial Associates Inc. purchased a new position in shares of NiSource during the fourth quarter valued at approximately $30,000. REAP Financial Group LLC purchased a new stake in NiSource in the third quarter worth approximately $32,000. Elyxium Wealth LLC purchased a new stake in NiSource in the fourth quarter worth approximately $33,000. Laurel Wealth Advisors LLC bought a new stake in NiSource in the 4th quarter worth approximately $46,000. Finally, Sentry Investment Management LLC purchased a new stake in NiSource during the 3rd quarter valued at $52,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

NiSource Trading Down 1.6%

Shares of NiSource stock opened at $45.85 on Tuesday. NiSource, Inc has a 1-year low of $38.45 and a 1-year high of $48.98. The company’s fifty day simple moving average is $47.23 and its 200-day simple moving average is $45.13. 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 stock has a market capitalization of $21.98 billion, a PE ratio of 22.81, a P/E/G ratio of 3.72 and a beta of 0.55.

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

NiSource Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Friday, July 31st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. NiSource’s dividend payout ratio (DPR) is 59.70%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NI shares. KeyCorp started coverage on NiSource in a report on Tuesday, March 31st. They set an “overweight” rating and a $52.00 price target on the stock. Barclays lifted their price objective on NiSource from $45.00 to $49.00 and gave the stock an “overweight” rating in a report on Friday, April 17th. Wall Street Zen downgraded NiSource from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Citigroup raised their target price on NiSource from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company boosted their price target on NiSource from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.33.

Get Our Latest Report on NI

Insider Transactions at NiSource

In other news, EVP Melanie B. Berman sold 15,000 shares of NiSource stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $47.68, for a total transaction of $715,200.00. Following the transaction, the executive vice president directly owned 35,990 shares of the company’s stock, valued at $1,716,003.20. The trade was a 29.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Melody Birmingham sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $47.19, for a total value of $471,900.00. Following the transaction, the executive vice president owned 117,899 shares of the company’s stock, valued at approximately $5,563,653.81. This trade represents a 7.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 27,500 shares of company stock worth $1,305,675. Insiders own 0.37% of the company’s stock.

NiSource Profile

(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.