Melody Birmingham Sells 37,509 Shares of NiSource (NYSE:NI) Stock

Posted by Brenda Bartman on Aug 20th, 2026

NiSource, Inc (NYSE:NI – Get Free Report) EVP Melody Birmingham sold 37,509 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $42.40, for a total value of $1,590,381.60. Following the completion of the transaction, the executive vice president directly owned 78,527 shares of the company’s stock, valued at approximately $3,329,544.80. This trade represents a 32.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Melody Birmingham also recently made the following trade(s):

On Wednesday, May 20th, Melody Birmingham sold 2,500 shares of NiSource stock. The stock was sold at an average price of $47.43, for a total transaction of $118,575.00.

NiSource Trading Down 1.2%

Shares of NiSource stock opened at $41.61 on Thursday. NiSource, Inc has a 52-week low of $38.45 and a 52-week high of $49.21. The firm has a market capitalization of $19.96 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 3.13 and a beta of 0.55. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.50 and a quick ratio of 0.41. The company’s fifty day moving average price is $45.69 and its two-hundred day moving average price is $46.31.

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

NiSource Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.30 per share. The ex-dividend date is Friday, October 30th. This represents a $1.20 dividend on an annualized basis and a yield of 2.9%. NiSource’s dividend payout ratio (DPR) is currently 63.83%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NI. BNP Paribas Financial Markets increased its position in NiSource by 41.7% in the 4th quarter. BNP Paribas Financial Markets now owns 891,464 shares of the utilities provider’s stock valued at $37,228,000 after acquiring an additional 262,483 shares in the last quarter. Norges Bank bought a new position in shares of NiSource in the fourth quarter worth about $336,852,000. Reaves W H & Co. Inc. lifted its position in shares of NiSource by 8.3% during the fourth quarter. Reaves W H & Co. Inc. now owns 5,424,733 shares of the utilities provider’s stock worth $226,537,000 after purchasing an additional 415,089 shares in the last quarter. De Lisle Partners LLP acquired a new position in shares of NiSource during the fourth quarter worth approximately $4,176,000. Finally, Vestcor Inc grew its stake in shares of NiSource by 320.7% during the fourth quarter. Vestcor Inc now owns 65,854 shares of the utilities provider’s stock valued at $2,750,000 after purchasing an additional 50,200 shares during the last quarter. 91.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NI. Wells Fargo & Company upped their price objective on NiSource from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. LADENBURG THALM/SH SH decreased their price target on NiSource from $51.50 to $51.00 and set a “buy” rating on the stock in a research note on Monday. Barclays dropped their price objective on NiSource from $51.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. KeyCorp cut their price objective on NiSource from $52.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Finally, Wall Street Zen downgraded shares of NiSource from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.82.

Get Our Latest Report on NI

NiSource Company Profile

(Get 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.