NiSource, Inc $NI Shares Purchased by Wealthfront Advisers LLC

Posted by Brenda Bartman on Jul 19th, 2026

Wealthfront Advisers LLC lifted its stake in shares of NiSource, Inc (NYSE:NI – Free Report) by 20.8% during the first quarter, Holdings Channel reports. The firm owned 113,599 shares of the utilities provider’s stock after buying an additional 19,547 shares during the period. Wealthfront Advisers LLC’s holdings in NiSource were worth $5,301,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of NI. Zions Bancorporation National Association UT increased its stake in shares of NiSource by 113.8% in the fourth quarter. Zions Bancorporation National Association UT now owns 620 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 330 shares during the period. Strive Financial Group LLC bought a new stake in shares of NiSource in the 4th quarter worth $26,000. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new stake in NiSource in the fourth quarter worth about $27,000. DV Equities LLC acquired a new stake in NiSource during the fourth quarter valued at approximately $28,000. Finally, Acumen Wealth Advisors LLC bought a new position in shares of NiSource in the fourth quarter valued at $28,000. Institutional investors and hedge funds own 91.64% of the company’s stock.

NiSource Stock Down 0.7%

Shares of NI stock opened at $45.93 on Friday. 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 fifty day moving average price of $46.99 and a 200 day moving average price of $46.12. NiSource, Inc has a one year low of $38.45 and a one year high of $49.21. The stock has a market cap of $22.02 billion, a P/E ratio of 22.85, a price-to-earnings-growth ratio of 3.42 and a beta of 0.55.

NiSource (NYSE:NI – Get Free Report) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.06. The business had revenue of $2.36 billion for the quarter, compared to analysts’ expectations 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 previous year, the firm posted $0.85 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Analysts predict that NiSource, Inc will post 2.05 earnings per share for the current year.

NiSource Dividend Announcement

The company also recently announced 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. This represents a $1.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, July 31st. NiSource’s payout ratio is currently 59.70%.

Analysts Set New Price Targets

A number of research firms have commented on NI. Barclays upped their price objective on shares of NiSource from $45.00 to $49.00 and gave the company an “overweight” rating in a research note on Friday, April 17th. Royal Bank Of Canada began coverage on NiSource in a report on Wednesday, July 1st. They set an “outperform” rating and a $52.00 price objective for the company. Wall Street Zen cut shares of NiSource from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Evercore set a $52.00 price target on NiSource in a research report on Monday, May 11th. Finally, Weiss Ratings cut shares of NiSource from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $50.30.

Get Our Latest Research Report on NiSource

Insider Transactions at NiSource

In other NiSource news, EVP Melanie B. Berman sold 15,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $47.68, for a total transaction of $715,200.00. Following the sale, the executive vice president directly owned 35,990 shares of the company’s stock, valued at approximately $1,716,003.20. This represents a 29.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Melody Birmingham sold 10,000 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $5,563,653.81. This trade represents a 7.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 27,500 shares of company stock worth $1,305,675. Company insiders own 0.37% of the company’s stock.

NiSource Company 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.