Inspire Advisors LLC Takes Position in NiSource, Inc $NI

Inspire Advisors LLC acquired a new stake in NiSource, Inc (NYSE:NI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,714 shares of the utilities provider’s stock, valued at approximately $1,113,000.

A number of other hedge funds also recently bought and sold shares of NI. Crewe Advisors LLC lifted its position in shares of NiSource by 90.7% during the 2nd quarter. Crewe Advisors LLC now owns 639 shares of the utilities provider’s stock valued at $26,000 after buying an additional 304 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of NiSource by 2,668.0% during the second quarter. Hantz Financial Services Inc. now owns 692 shares of the utilities provider’s stock worth $28,000 after buying an additional 667 shares in the last quarter. Country Trust Bank purchased a new position in shares of NiSource in the second quarter worth about $28,000. Ameritas Advisory Services LLC acquired a new stake in NiSource in the 2nd quarter valued at about $32,000. Finally, Quent Capital LLC acquired a new position in shares of NiSource during the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 91.64% of the company’s stock.

Insider Buying and Selling

In other news, EVP Kimberly S. Cuccia sold 8,000 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $43.13, for a total transaction of $345,040.00. Following the completion of the sale, the executive vice president owned 41,247 shares in the company, valued at approximately $1,778,983.11. This represents a 16.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.24% of the company’s stock.

NiSource Stock Up 0.9%

Shares of NYSE:NI opened at $43.93 on Tuesday. The firm has a market capitalization of $20.96 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 2.72 and a beta of 0.65. NiSource, Inc has a 1 year low of $35.64 and a 1 year high of $44.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.52 and a quick ratio of 0.39. The firm’s 50-day moving average is $42.35 and its two-hundred day moving average is $42.15.

NiSource (NYSE:NI) last posted its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). NiSource had a return on equity of 8.09% and a net margin of 14.15%.The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $983.25 million. During the same period in the prior year, the company posted $0.20 EPS. NiSource has set its FY 2026 guidance at 2.020-2.07 EPS and its FY 2025 guidance at 1.870-1.89 EPS. Analysts predict that NiSource, Inc will post 1.91 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on NI shares. Mizuho raised their target price on NiSource from $44.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. UBS Group lifted their target price on shares of NiSource from $45.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Evercore ISI raised their price target on shares of NiSource from $46.00 to $47.00 and gave the stock an “in-line” rating in a report on Thursday, October 30th. Jefferies Financial Group upgraded NiSource from a “hold” rating to a “buy” rating and upped their price objective for the company from $46.00 to $50.00 in a report on Friday, October 31st. Finally, Wells Fargo & Company raised NiSource to a “strong-buy” rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.67.

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.