Board of the Pension Protection Fund Has $79,000 Stock Position in NiSource, Inc $NI

Board of the Pension Protection Fund decreased its holdings in NiSource, Inc (NYSE:NI) by 94.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,900 shares of the utilities provider’s stock after selling 33,100 shares during the period. Board of the Pension Protection Fund’s holdings in NiSource were worth $79,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Union Bancaire Privee UBP SA grew its position in NiSource by 85.2% during the 4th quarter. Union Bancaire Privee UBP SA now owns 32,272 shares of the utilities provider’s stock worth $1,348,000 after acquiring an additional 14,842 shares during the last quarter. GAMMA Investing LLC increased its holdings in NiSource by 4.8% in the 4th quarter. GAMMA Investing LLC now owns 26,398 shares of the utilities provider’s stock worth $1,102,000 after purchasing an additional 1,202 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in NiSource in the third quarter valued at about $11,457,000. Allworth Financial LP boosted its stake in shares of NiSource by 10.5% during the third quarter. Allworth Financial LP now owns 4,069 shares of the utilities provider’s stock valued at $176,000 after purchasing an additional 388 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in shares of NiSource by 83.8% during the third quarter. IFP Advisors Inc now owns 2,406 shares of the utilities provider’s stock worth $104,000 after purchasing an additional 1,097 shares during the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

NiSource Price Performance

NiSource stock opened at $46.66 on Friday. The stock has a market capitalization of $22.33 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 3.82 and a beta of 0.64. NiSource, Inc has a 52-week low of $35.64 and a 52-week high of $47.96. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.56 and a current ratio of 0.69. The stock’s 50 day moving average price is $45.26 and its two-hundred day moving average price is $43.33.

NiSource (NYSE:NI) last issued its earnings results on Wednesday, February 11th. The utilities provider reported $0.51 EPS for the quarter, beating 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 period last year, the business posted $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, equities analysts predict that NiSource, Inc will post 1.91 earnings per share for the current year.

NiSource Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Thursday, April 30th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, April 30th. NiSource’s dividend payout ratio (DPR) is 61.54%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. UBS Group upped their price target on shares of NiSource from $45.00 to $48.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. Wall Street Zen lowered shares of NiSource from a “hold” rating to a “sell” rating in a report on Saturday, January 3rd. Citigroup boosted 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. Weiss Ratings restated a “buy (b)” rating on shares of NiSource in a report on Monday, December 29th. Finally, Wells Fargo & Company raised their target price on NiSource from $47.00 to $49.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.