Savant Capital LLC Has $608,000 Stock Holdings in NiSource, Inc $NI

Posted by Brian Himes on Jun 4th, 2026

Savant Capital LLC cut its holdings in NiSource, Inc (NYSE:NI – Free Report) by 73.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 14,557 shares of the utilities provider’s stock after selling 40,702 shares during the quarter. Savant Capital LLC’s holdings in NiSource were worth $608,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of NI. Orion Porfolio Solutions LLC grew 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 valued at $680,411,000 after purchasing an additional 16,836,630 shares during the period. Millennium Management LLC grew its position in shares of NiSource by 2,288.8% in the 3rd quarter. Millennium Management LLC now owns 3,166,313 shares of the utilities provider’s stock valued at $137,101,000 after purchasing an additional 3,033,764 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new position in shares of NiSource in the 4th quarter valued at approximately $100,965,000. ANTIPODES PARTNERS Ltd acquired a new position in shares of NiSource in the 3rd quarter valued at approximately $84,086,000. Finally, Soroban Capital Partners LP grew its position in shares of NiSource by 52.0% in the 2nd quarter. Soroban Capital Partners LP now owns 4,434,245 shares of the utilities provider’s stock valued at $178,877,000 after purchasing an additional 1,516,296 shares during the period. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on NI shares. Evercore set a $52.00 price target on NiSource in a research report on Monday, May 11th. Wells Fargo & Company upped their price target on NiSource from $51.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings downgraded NiSource from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, April 24th. BMO Capital Markets reaffirmed an “outperform” rating and set a $51.00 price target on shares of NiSource in a research report on Monday, April 20th. Finally, Citigroup upped their price target on NiSource from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $50.33.

Get Our Latest Analysis on NiSource

Insider Activity

In related news, EVP Melanie B. Berman sold 15,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $47.68, for a total value of $715,200.00. Following the sale, the executive vice president directly owned 35,990 shares of the company’s stock, valued at $1,716,003.20. This trade represents a 29.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Melody Birmingham sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $47.43, for a total value of $118,575.00. Following the completion of the sale, the executive vice president directly owned 116,036 shares in the company, valued at $5,503,587.48. This trade represents a 2.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 27,500 shares of company stock worth $1,305,675 over the last ninety days. 0.37% of the stock is currently owned by insiders.

NiSource Stock Down 0.5%

NI stock opened at $45.64 on Thursday. 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 market capitalization of $21.88 billion, a price-to-earnings ratio of 22.70, a PEG ratio of 3.66 and a beta of 0.54. The business’s fifty day moving average price is $47.19 and its two-hundred day moving average price is $45.06. NiSource, Inc has a fifty-two week low of $38.45 and a fifty-two week high of $48.98.

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

NiSource Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Friday, July 31st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $1.20 annualized dividend and a yield of 2.6%. NiSource’s dividend payout ratio (DPR) is 59.70%.

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.