GSA Capital Partners LLP Invests $1.54 Million in NiSource, Inc $NI

Posted by Brian Himes on Aug 17th, 2026

GSA Capital Partners LLP bought a new stake in NiSource, Inc (NYSE:NI – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 32,493 shares of the utilities provider’s stock, valued at approximately $1,545,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Orion Porfolio Solutions LLC lifted its holdings in 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 worth $680,411,000 after buying an additional 16,836,630 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in NiSource by 19.0% during the 4th 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. Norges Bank purchased a new position in shares of NiSource during the 4th quarter worth approximately $336,852,000. Millennium Management LLC grew its holdings in shares of NiSource by 2,288.8% during the 3rd quarter. Millennium Management LLC now owns 3,166,313 shares of the utilities provider’s stock worth $137,101,000 after acquiring an additional 3,033,764 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of NiSource in the 4th quarter valued at approximately $100,965,000. 91.64% of the stock is owned by institutional investors.

NiSource Stock Performance

NYSE:NI opened at $42.47 on Monday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.41 and a current ratio of 0.50. The stock has a market capitalization of $20.37 billion, a PE ratio of 22.59, a P/E/G ratio of 3.16 and a beta of 0.55. NiSource, Inc has a fifty-two week low of $38.45 and a fifty-two week high of $49.21. The company has a fifty day moving average of $45.95 and a two-hundred day moving average of $46.36.

NiSource (NYSE:NI – Get Free Report) last announced its earnings results on Wednesday, August 5th. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.15 billion. NiSource had a net margin of 13.20% and a return on equity of 7.95%. During the same quarter last year, the business earned $0.22 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, research analysts forecast that NiSource, Inc will post 2.05 earnings per share for the current fiscal year.

NiSource Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 30th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, October 30th. NiSource’s payout ratio is presently 63.83%.

Analysts Set New Price Targets

NI has been the topic of several recent research reports. BMO Capital Markets reduced their price target on NiSource from $51.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Evercore set a $52.00 price target on shares of NiSource in a research report on Monday, May 11th. Barclays dropped their price objective on shares of NiSource from $51.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Wall Street Zen cut shares of NiSource from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Royal Bank Of Canada began coverage on shares of NiSource in a research note on Wednesday, July 1st. They set an “outperform” rating and a $52.00 target price for the company. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.70.

Check Out Our Latest Analysis on NiSource

Insider Buying and Selling

In related news, EVP Melody Birmingham sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $47.43, for a total transaction of $118,575.00. Following the completion of the sale, the executive vice president directly owned 116,036 shares in the company, valued at approximately $5,503,587.48. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Melanie B. Berman sold 15,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $47.68, for a total value of $715,200.00. Following the completion of the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. 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.