264,593 Shares in NiSource, Inc $NI Purchased by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp ET AL bought a new stake of 264,593 shares in NiSource, valued at about $11,457,000, representing roughly 0.06% ownership.
• Other institutional moves include Antipodes Partners buying a new stake worth about $84.1 million and Charles Schwab holding 4,215,924 shares; institutional investors own about 91.64% of the stock.
• NiSource has a consensus analyst rating of Moderate Buy with a $47.20 price target, reported Q EPS of $0.51 beating estimates, set FY2026 guidance of 2.020–2.070 EPS, and declared a quarterly dividend of $0.30 (annualized yield ~2.7%).

Tudor Investment Corp ET AL bought a new stake in NiSource, Inc (NYSE:NI - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 264,593 shares of the utilities provider's stock, valued at approximately $11,457,000. Tudor Investment Corp ET AL owned about 0.06% of NiSource as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ANTIPODES PARTNERS Ltd bought a new stake in NiSource in the 3rd quarter valued at about $84,086,000. Magnetar Financial LLC increased its stake in shares of NiSource by 195.5% in the second quarter. Magnetar Financial LLC now owns 182,949 shares of the utilities provider's stock worth $7,380,000 after purchasing an additional 121,043 shares in the last quarter. Picton Mahoney Asset Management raised its position in shares of NiSource by 10.6% in the second quarter. Picton Mahoney Asset Management now owns 340,504 shares of the utilities provider's stock valued at $13,737,000 after purchasing an additional 32,595 shares during the period. Williamson Legacy Group LLC lifted its stake in shares of NiSource by 138.7% during the 2nd quarter. Williamson Legacy Group LLC now owns 29,720 shares of the utilities provider's stock valued at $1,199,000 after buying an additional 17,271 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in NiSource by 1.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 4,215,924 shares of the utilities provider's stock valued at $170,070,000 after buying an additional 55,515 shares in the last quarter. 91.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

NI has been the topic of a number of analyst reports. Mizuho boosted their price objective on NiSource from $44.00 to $50.00 and gave the company an "outperform" rating in a research note on Wednesday, December 3rd. Wall Street Zen downgraded shares of NiSource from a "hold" rating to a "sell" rating in a report on Saturday, January 3rd. Wells Fargo & Company raised their price objective on shares of NiSource from $47.00 to $49.00 and gave the company an "overweight" rating in a research report on Tuesday, January 20th. Citigroup upped their target price on shares of NiSource from $44.00 to $47.00 and gave the stock a "neutral" rating in a report on Thursday, February 12th. Finally, Barclays set a $45.00 price target on shares of NiSource in a report on Monday, December 8th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $47.20.

NiSource Trading Down 3.6%

Shares of NI opened at $45.03 on Friday. NiSource, Inc has a 1-year low of $35.64 and a 1-year high of $47.96. The company has a market capitalization of $21.55 billion, a P/E ratio of 23.09, a P/E/G ratio of 3.69 and a beta of 0.64. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 0.56. The firm's 50 day simple moving average is $45.32 and its 200 day simple moving average is $43.36.

NiSource (NYSE:NI - Get Free Report) last issued its quarterly earnings results 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 firm 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 quarter in the prior year, the firm earned $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Sell-side analysts forecast that NiSource, Inc will post 1.91 earnings per share for the current fiscal year.

NiSource Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders 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 dividend on an annualized basis and a yield of 2.7%. NiSource's dividend payout ratio (DPR) is presently 61.54%.

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.

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