12,780 Shares in NiSource, Inc $NI Acquired by Ticino Wealth

Ticino Wealth purchased a new stake in NiSource, Inc (NYSE:NI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,780 shares of the utilities provider’s stock, valued at approximately $534,000.

Other large investors have also recently modified their holdings of the company. ANTIPODES PARTNERS Ltd bought a new stake in shares of NiSource in the 3rd quarter valued at about $84,086,000. Capital International Investors increased its position in NiSource by 15.1% during the 3rd quarter. Capital International Investors now owns 8,136,157 shares of the utilities provider’s stock valued at $352,296,000 after purchasing an additional 1,065,591 shares during the period. Alkeon Capital Management LLC raised its holdings in NiSource by 21.0% during the 3rd quarter. Alkeon Capital Management LLC now owns 3,100,500 shares of the utilities provider’s stock worth $134,252,000 after purchasing an additional 539,000 shares during the last quarter. Inspire Advisors LLC bought a new position in NiSource during the 3rd quarter worth approximately $1,113,000. Finally, WINTON GROUP Ltd acquired a new position in shares of NiSource in the 3rd quarter worth approximately $1,154,000. Institutional investors own 91.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NI shares. KeyCorp started coverage on shares of NiSource in a report on Tuesday, March 31st. They issued an “overweight” rating and a $52.00 target price on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $51.00 price target on shares of NiSource in a report on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of NiSource in a research note on Friday, March 27th. Wells Fargo & Company reiterated an “overweight” rating and issued a $51.00 target price on shares of NiSource in a report on Tuesday. Finally, Barclays lifted 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. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, NiSource currently has an average rating of “Moderate Buy” and an average price target of $48.27.

NiSource Price Performance

NI opened at $47.65 on Tuesday. The firm’s fifty day moving average price is $46.69 and its two-hundred day moving average price is $44.23. The company has a market capitalization of $22.84 billion, a price-to-earnings ratio of 24.66, a P/E/G ratio of 3.95 and a beta of 0.61. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 0.56. NiSource, Inc has a 1 year low of $37.22 and a 1 year high of $48.83.

NiSource (NYSE:NI) last posted its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.49 by $0.02. The firm had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.20 billion. NiSource had a net margin of 13.99% and a return on equity of 8.07%. During the same quarter last year, the business posted $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, analysts anticipate that NiSource, Inc will post 2.05 earnings per share for the current fiscal year.

NiSource Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Thursday, April 30th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, April 30th. NiSource’s dividend payout ratio is currently 61.54%.

NiSource Company Profile

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.