Wealth Enhancement Advisory Services LLC Trims Position in NiSource, Inc $NI

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of NiSource, Inc (NYSE:NI) by 25.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 39,464 shares of the utilities provider’s stock after selling 13,178 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in NiSource were worth $1,653,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harbor Investment Advisory LLC increased its stake in NiSource by 17.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 1,755 shares of the utilities provider’s stock valued at $73,000 after purchasing an additional 255 shares during the last quarter. Everhart Financial Group Inc. boosted its stake in NiSource by 3.0% in the 4th quarter. Everhart Financial Group Inc. now owns 32,390 shares of the utilities provider’s stock worth $1,353,000 after buying an additional 939 shares during the last quarter. RDA Financial Network purchased a new stake in NiSource in the 4th quarter valued at about $333,000. Union Bancaire Privee UBP SA grew its holdings in NiSource by 85.2% in the 4th quarter. Union Bancaire Privee UBP SA now owns 32,272 shares of the utilities provider’s stock valued at $1,348,000 after buying an additional 14,842 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of NiSource by 4.8% during the 4th quarter. GAMMA Investing LLC now owns 26,398 shares of the utilities provider’s stock valued at $1,102,000 after acquiring an additional 1,202 shares during the last quarter. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Key Stories Impacting NiSource

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: KeyCorp initiated coverage on NI with a “Strong-Buy” and published above-consensus multi-year EPS forecasts (FY2026: $2.06 vs. market consensus ~$1.91; FY2027–FY2030 rising to $2.28, $2.42, $2.67 and $2.93). KeyCorp also provided quarterly cadence (Q1 2026: $1.07; Q2: $0.17; Q3: $0.20; Q4: $0.62), signaling analyst confidence in rate/recovery drivers and longer-term earnings growth. NiSource (NYSE:NI) Coverage Initiated at KeyCorp
• Positive Sentiment: Zacks published a bullish note framing NiSource as an attractive dividend stock, highlighting yield reliability and the regulated utility cash flow profile — a factor that can support investor demand and downside protection for the shares. Why NiSource (NI) is a Great Dividend Stock Right Now
• Neutral Sentiment: A brokerage note aggregated by American Banking News lists a consensus price target of $47.20 — roughly in line with the recent trading range — suggesting limited near-term upside from current quotes absent new operational or regulatory catalysts. Brokerages Set NiSource, Inc (NYSE:NI) Price Target at $47.20

NiSource Trading Down 0.1%

NYSE:NI opened at $47.46 on Friday. The business’s 50-day moving average is $45.91 and its two-hundred day moving average is $43.73. The firm has a market capitalization of $22.75 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 3.89 and a beta of 0.61. NiSource, Inc has a 12 month low of $35.64 and a 12 month high of $47.96. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 0.56.

NiSource (NYSE:NI) last issued its earnings results on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.02. NiSource had a return on equity of 8.07% and a net margin of 13.99%.The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the business earned $0.49 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Research analysts predict that NiSource, Inc will post 1.91 earnings per share for the current fiscal year.

NiSource Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Thursday, April 30th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.20 annualized dividend and a yield of 2.5%. NiSource’s dividend payout ratio (DPR) is 61.54%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on NI shares. Wall Street Zen upgraded shares of NiSource from a “sell” rating to a “hold” rating in a report on Saturday. Wells Fargo & Company raised their price objective on NiSource from $47.00 to $49.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of NiSource in a report on Friday, March 27th. BMO Capital Markets set a $50.00 target price on shares of NiSource in a research report on Thursday, February 12th. Finally, UBS Group raised their price target on shares of NiSource from $45.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $47.64.

About NiSource

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.