SG Americas Securities LLC Grows Position in NiSource, Inc $NI

Posted by Francis Steltz on Jun 27th, 2026

SG Americas Securities LLC grew its stake in NiSource, Inc (NYSE:NI – Free Report) by 21.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 237,527 shares of the utilities provider’s stock after acquiring an additional 41,290 shares during the quarter. SG Americas Securities LLC’s holdings in NiSource were worth $11,083,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Evolve Private Wealth LLC raised its stake in NiSource by 3.6% in the 1st quarter. Evolve Private Wealth LLC now owns 11,563 shares of the utilities provider’s stock valued at $540,000 after purchasing an additional 401 shares during the last quarter. Lincoln Capital Corp grew its holdings in shares of NiSource by 1.5% during the first quarter. Lincoln Capital Corp now owns 65,353 shares of the utilities provider’s stock worth $3,049,000 after buying an additional 965 shares in the last quarter. Monarch Capital Management Inc. grew its holdings in shares of NiSource by 5.0% during the first quarter. Monarch Capital Management Inc. now owns 5,640 shares of the utilities provider’s stock worth $263,000 after buying an additional 270 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its position in shares of NiSource by 79.8% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 43,897 shares of the utilities provider’s stock valued at $2,048,000 after buying an additional 19,484 shares during the last quarter. Finally, Hsbc Holdings PLC raised its position in shares of NiSource by 7.7% in the fourth quarter. Hsbc Holdings PLC now owns 742,753 shares of the utilities provider’s stock valued at $31,027,000 after buying an additional 53,167 shares during the last quarter. 91.64% of the stock is currently owned by hedge funds and other institutional investors.

NiSource Price Performance

NiSource stock opened at $48.98 on Friday. NiSource, Inc has a 1 year low of $38.45 and a 1 year high of $49.08. The firm has a 50 day moving average price of $47.23 and a 200 day moving average price of $45.54. The company has a market cap of $23.48 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 3.81 and a beta of 0.54. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.56 and a current ratio of 0.65.

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

NiSource Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Friday, July 31st will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, July 31st. NiSource’s dividend payout ratio is presently 59.70%.

Insider Buying and Selling at NiSource

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

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. BMO Capital Markets restated an “outperform” rating and set a $51.00 target price on shares of NiSource in a research report on Monday, April 20th. Barclays boosted their price target on NiSource from $45.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, April 17th. KeyCorp started 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. Citigroup raised their price objective on NiSource from $47.00 to $49.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Finally, Wells Fargo & Company lifted their price objective on NiSource from $51.00 to $52.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. One investment 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 stock. According to data from MarketBeat.com, NiSource currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.33.

View Our Latest Stock Report on NiSource

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.