De Lisle Partners LLP Makes New Investment in NiSource, Inc $NI

Posted by Francis Steltz on Aug 23rd, 2026

De Lisle Partners LLP acquired a new stake in NiSource, Inc (NYSE:NI – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 110,000 shares of the utilities provider’s stock, valued at approximately $5,230,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisory Services Network LLC raised its position in shares of NiSource by 1.5% in the fourth quarter. Advisory Services Network LLC now owns 15,171 shares of the utilities provider’s stock valued at $634,000 after purchasing an additional 220 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its stake in NiSource by 1.2% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 18,864 shares of the utilities provider’s stock valued at $788,000 after buying an additional 225 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in NiSource by 1.6% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 15,247 shares of the utilities provider’s stock valued at $637,000 after buying an additional 240 shares during the last quarter. Prosperity Consulting Group LLC raised its holdings in NiSource by 1.1% in the 3rd quarter. Prosperity Consulting Group LLC now owns 23,565 shares of the utilities provider’s stock valued at $1,020,000 after acquiring an additional 246 shares during the period. Finally, World Investment Advisors raised its holdings in NiSource by 3.2% in the 4th quarter. World Investment Advisors now owns 7,871 shares of the utilities provider’s stock valued at $308,000 after acquiring an additional 247 shares during the period. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wells Fargo & Company boosted their price objective on NiSource from $51.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. KeyCorp reduced their price target on NiSource from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. Royal Bank Of Canada started coverage on NiSource in a report on Wednesday, July 1st. They issued an “outperform” rating and a $52.00 price objective on the stock. LADENBURG THALM/SH SH lowered their price objective on NiSource from $51.50 to $51.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. Finally, BMO Capital Markets dropped their target price on NiSource from $51.00 to $49.00 and set an “outperform” rating for the company in a report on Friday, July 17th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $49.82.

View Our Latest Stock Report on NI

NiSource Trading Down 2.4%

Shares of NI stock opened at $40.63 on Friday. The stock has a market cap of $19.48 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 3.02 and a beta of 0.55. NiSource, Inc has a 1 year low of $38.45 and a 1 year high of $49.21. 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 stock has a 50 day simple moving average of $45.46 and a 200 day simple moving average of $46.25.

NiSource (NYSE:NI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.15 billion. NiSource had a return on equity of 7.95% and a net margin of 13.20%.During the same period in the previous year, the firm earned $0.22 EPS. 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 earnings per share for the current fiscal year.

NiSource Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 30th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, October 30th. NiSource’s payout ratio is 63.83%.

Insiders Place Their Bets

In related news, EVP Melody Birmingham sold 37,509 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $42.40, for a total transaction of $1,590,381.60. Following the completion of the sale, the executive vice president owned 78,527 shares of the company’s stock, valued at $3,329,544.80. This represents a 32.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.37% of the stock is owned by corporate insiders.

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.