Van ECK Associates Corp Has $17.26 Million Position in NiSource, Inc $NI

Posted by Brian Himes on Sep 1st, 2026

Van ECK Associates Corp raised its holdings in NiSource, Inc (NYSE:NI – Free Report) by 10.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 362,972 shares of the utilities provider’s stock after acquiring an additional 32,888 shares during the quarter. Van ECK Associates Corp’s holdings in NiSource were worth $17,259,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NI. BlackRock Inc. bought a new stake in shares of NiSource during the 2nd quarter valued at $2,613,234,000. Orion Porfolio Solutions LLC boosted its position in shares of NiSource by 55,625.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 16,866,898 shares of the utilities provider’s stock worth $680,411,000 after purchasing an additional 16,836,630 shares during the last quarter. Deutsche Bank AG acquired a new stake in shares of NiSource during the second quarter worth $574,295,000. T. Rowe Price Investment Management Inc. grew its stake in shares of NiSource by 19.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 51,504,257 shares of the utilities provider’s stock worth $2,150,818,000 after purchasing an additional 8,240,227 shares during the period. Finally, Norges Bank bought a new stake in NiSource in the fourth quarter valued at about $336,852,000. Institutional investors and hedge funds own 91.64% of the company’s stock.

Insider Buying and Selling at NiSource

In related news, EVP Melody Birmingham sold 37,509 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $42.40, for a total transaction of $1,590,381.60. Following the completion of the transaction, the executive vice president directly owned 78,527 shares in the company, valued at approximately $3,329,544.80. This trade represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.37% of the stock is owned by corporate insiders.

NiSource Stock Performance

Shares of NiSource stock opened at $40.91 on Tuesday. The stock’s fifty day simple moving average is $44.69 and its 200 day simple moving average is $46.13. The company has a current ratio of 0.50, a quick ratio of 0.41 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $19.62 billion, a PE ratio of 21.76, a PEG ratio of 3.02 and a beta of 0.55. NiSource, Inc has a 12 month low of $38.45 and a 12 month high of $49.21.

NiSource (NYSE:NI – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.15 billion. NiSource had a net margin of 13.20% and a return on equity of 7.95%. During the same quarter in the prior year, the company earned $0.22 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, research analysts predict that NiSource, Inc will post 2.05 EPS for the current year.

NiSource Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, October 30th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, October 30th. NiSource’s dividend payout ratio is currently 63.83%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on NI shares. Mizuho cut their target price on NiSource from $50.00 to $48.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 26th. Citigroup boosted 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. Barclays lowered their price target on NiSource from $51.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. BMO Capital Markets reduced their price objective on shares of NiSource from $51.00 to $49.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Finally, KeyCorp reduced their price objective on shares of NiSource from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $49.64.

Read Our Latest Stock Analysis 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.