SG Trading Solutions LLC Makes New $484,000 Investment in NiSource, Inc $NI

Posted by Brian Himes on Jun 20th, 2026

SG Trading Solutions LLC bought a new position in NiSource, Inc (NYSE:NI – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,593 shares of the utilities provider’s stock, valued at approximately $484,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT increased its stake in NiSource by 113.8% during the fourth quarter. Zions Bancorporation National Association UT now owns 620 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 330 shares during the last quarter. Strive Financial Group LLC acquired a new position in shares of NiSource in the 4th quarter valued at about $26,000. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in shares of NiSource in the 4th quarter valued at about $27,000. DV Equities LLC purchased a new stake in shares of NiSource during the 4th quarter worth about $28,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of NiSource during the 4th quarter worth about $28,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Insider Activity at NiSource

In related news, EVP Melanie B. Berman sold 15,000 shares of NiSource stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $47.68, for a total transaction of $715,200.00. Following the transaction, the executive vice president directly owned 35,990 shares of the company’s stock, valued at $1,716,003.20. The trade was a 29.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Melody Birmingham sold 10,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $47.19, for a total transaction of $471,900.00. Following the completion of the sale, the executive vice president directly owned 117,899 shares of the company’s stock, valued at $5,563,653.81. The trade was a 7.82% 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 valued at $1,305,675 over the last quarter. Insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on NI shares. Barclays raised their price target on shares of NiSource from $45.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, April 17th. Citigroup boosted their price target on NiSource from $47.00 to $49.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Wall Street Zen downgraded shares of NiSource from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Wells Fargo & Company increased their target price on NiSource from $51.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, KeyCorp began coverage on NiSource in a report on Tuesday, March 31st. They issued an “overweight” rating and a $52.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $50.33.

Check Out Our Latest Research Report on NI

NiSource Stock Performance

Shares of NI opened at $47.20 on Friday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.56 and a current ratio of 0.65. The firm has a fifty day moving average of $47.21 and a 200-day moving average of $45.35. The company has a market cap of $22.63 billion, a price-to-earnings ratio of 23.48, a price-to-earnings-growth ratio of 3.77 and a beta of 0.54. NiSource, Inc has a 1 year low of $38.45 and a 1 year high of $48.98.

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

NiSource Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Friday, July 31st will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, July 31st. NiSource’s dividend payout ratio is currently 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.