Tudor Investment Corp ET AL Takes Position in NiSource, Inc $NI

Tudor Investment Corp ET AL acquired a new position in shares of NiSource, Inc (NYSE:NI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 264,593 shares of the utilities provider’s stock, valued at approximately $11,457,000. Tudor Investment Corp ET AL owned 0.06% of NiSource as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Tower Bridge Advisors raised its position in NiSource by 1.1% in the third quarter. Tower Bridge Advisors now owns 21,132 shares of the utilities provider’s stock worth $915,000 after purchasing an additional 232 shares in the last quarter. Advisory Services Network LLC boosted its holdings in NiSource by 1.6% during the third quarter. Advisory Services Network LLC now owns 14,951 shares of the utilities provider’s stock valued at $647,000 after purchasing an additional 234 shares in the last quarter. Verdence Capital Advisors LLC grew its stake in shares of NiSource by 1.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 14,319 shares of the utilities provider’s stock valued at $626,000 after purchasing an additional 245 shares during the period. Prosperity Consulting Group LLC raised its holdings in shares of NiSource by 1.1% in the 3rd quarter. Prosperity Consulting Group LLC now owns 23,565 shares of the utilities provider’s stock worth $1,020,000 after buying an additional 246 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of NiSource by 21.1% in the 3rd quarter. Larson Financial Group LLC now owns 1,518 shares of the utilities provider’s stock worth $66,000 after buying an additional 264 shares in the last quarter. 91.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wall Street Zen upgraded NiSource from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reiterated a “buy (b)” rating on shares of NiSource in a research note on Friday, March 27th. BMO Capital Markets set a $50.00 target price on shares of NiSource in a research note on Thursday, February 12th. Wells Fargo & Company upped their target price on shares of NiSource from $47.00 to $49.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Finally, KeyCorp assumed coverage on shares of NiSource in a research report on Tuesday, March 31st. They set an “overweight” rating and a $52.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, NiSource has an average rating of “Moderate Buy” and a consensus price target of $47.64.

NiSource Trading Down 0.1%

NI stock opened at $47.46 on Monday. The business has a fifty day moving average price of $45.91 and a 200 day moving average price of $43.79. NiSource, Inc has a fifty-two week low of $35.64 and a fifty-two week high of $47.96. The stock has a market capitalization of $22.75 billion, a price-to-earnings ratio of 24.34, a P/E/G ratio of 3.89 and a beta of 0.61. 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 posted its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 8.07% and a net margin of 13.99%.During the same quarter in the previous year, the firm earned $0.49 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Analysts expect that NiSource, Inc will post 1.91 EPS for the current fiscal year.

NiSource Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Thursday, April 30th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, April 30th. This represents a $1.20 annualized dividend and a yield of 2.5%. NiSource’s dividend payout ratio is 61.54%.

NiSource News Summary

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 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.