WINTON GROUP Ltd Acquires Shares of 26,641 NiSource, Inc $NI

WINTON GROUP Ltd bought a new stake in shares of NiSource, Inc (NYSE:NI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 26,641 shares of the utilities provider’s stock, valued at approximately $1,154,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC lifted its holdings in shares of NiSource by 60.1% during the first quarter. NewEdge Advisors LLC now owns 30,494 shares of the utilities provider’s stock valued at $1,223,000 after purchasing an additional 11,452 shares in the last quarter. Woodline Partners LP increased its holdings in NiSource by 41.6% during the first quarter. Woodline Partners LP now owns 39,703 shares of the utilities provider’s stock valued at $1,592,000 after buying an additional 11,671 shares during the last quarter. Acadian Asset Management LLC purchased a new position in NiSource during the first quarter valued at $105,000. Summit Investment Advisors Inc. grew its stake in shares of NiSource by 7.1% during the 1st quarter. Summit Investment Advisors Inc. now owns 5,107 shares of the utilities provider’s stock valued at $205,000 after acquiring an additional 338 shares during the period. Finally, Profund Advisors LLC boosted its position in shares of NiSource by 27.9% in the second quarter. Profund Advisors LLC now owns 23,665 shares of the utilities provider’s stock worth $955,000 after purchasing an additional 5,156 shares during the period. Institutional investors own 91.64% of the company’s stock.

NiSource Trading Down 0.7%

NYSE:NI opened at $46.24 on Thursday. The firm has a 50-day simple moving average of $44.63 and a 200-day simple moving average of $43.14. NiSource, Inc has a one year low of $35.64 and a one year high of $47.67. The firm has a market cap of $22.12 billion, a P/E ratio of 23.71, a P/E/G ratio of 3.82 and a beta of 0.64. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.56 and a current ratio of 0.69.

NiSource (NYSE:NI) last issued its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.02. The company had revenue of $1.90 billion for 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 period last year, the company posted $0.49 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Equities analysts anticipate that NiSource, Inc will post 1.91 EPS for the current fiscal year.

NiSource Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Tuesday, February 3rd were paid a dividend of $0.30 per share. This is an increase from NiSource’s previous quarterly dividend of $0.28. The ex-dividend date was Tuesday, February 3rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.6%. NiSource’s dividend payout ratio (DPR) is currently 61.54%.

Analysts Set New Price Targets

NI has been the topic of several research analyst reports. BMO Capital Markets set a $50.00 target price on shares of NiSource in a report on Thursday, February 12th. Citigroup raised their price objective on shares of NiSource from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note on Thursday, February 12th. Wells Fargo & Company boosted their target price on shares of NiSource from $47.00 to $49.00 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NiSource in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded shares of NiSource from a “hold” rating to a “sell” rating in a research note on Saturday, January 3rd. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, NiSource has a consensus rating of “Moderate Buy” and a consensus price target of $47.20.

NiSource 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.