Bokf Na Decreases Stake in NiSource, Inc $NI

Bokf Na reduced its position in NiSource, Inc (NYSE:NI) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,206 shares of the utilities provider’s stock after selling 13,081 shares during the period. Bokf Na’s holdings in NiSource were worth $5,855,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in NI. REAP Financial Group LLC purchased a new stake in shares of NiSource in the third quarter worth about $32,000. Quent Capital LLC purchased a new stake in shares of NiSource in the third quarter worth about $36,000. Laurel Wealth Advisors LLC purchased a new stake in shares of NiSource in the fourth quarter worth about $46,000. Sentry Investment Management LLC purchased a new stake in shares of NiSource in the third quarter worth about $52,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of NiSource in the second quarter worth about $56,000. 91.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on NI. Citigroup upped their price objective on NiSource from $44.00 to $47.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. Barclays upped their price objective on NiSource from $45.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday, April 17th. Wells Fargo & Company restated an “overweight” rating and set a $51.00 price objective on shares of NiSource in a research report on Tuesday, April 21st. Wall Street Zen upgraded NiSource from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. Finally, BMO Capital Markets restated an “outperform” rating and set a $51.00 price objective on shares of NiSource in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, NiSource has a consensus rating of “Moderate Buy” and a consensus price target of $48.80.

Key Headlines Impacting NiSource

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: Management highlighted accelerating demand from data centers and an upbeat growth outlook on the Q1 call; executives framed that demand as a key driver of future rate base and earnings growth. Read More.
• Positive Sentiment: NiSource raised its long‑term EPS growth outlook and disclosed a $28.6 billion capex plan for 2026–2030 — a sign of sustained investment to expand regulated utility assets that could support earnings over the medium term. Read More.
• Positive Sentiment: Recognition on sustainability (Dow Jones and MSCI honors) can improve investor perception and lower ESG‑related risk premium for some institutional holders. Read More.
• Neutral Sentiment: Q1 EPS of $1.06 matched the consensus (and was up year‑over‑year), showing profit resilience even as revenues move differently; this keeps current analyst estimates intact near-term. Read More.
• Neutral Sentiment: FY‑2026 EPS guidance was set at $2.020–2.070 (consensus ~2.060) — the range contains consensus but is not meaningfully above it, leaving limited upside from guidance alone. Read More.
• Negative Sentiment: Revenue for the quarter ($2.36B) missed estimates (~$2.52B), a concrete near‑term negative that likely explains selling pressure despite the EPS beat/match. Read More.
• Negative Sentiment: High planned capex and existing leverage (debt/equity ~1.33) mean investors must trust execution and regulatory outcomes; execution or rate setbacks would pressure the stock. Read More.

NiSource Trading Down 1.2%

Shares of NI stock opened at $47.60 on Thursday. NiSource, Inc has a 1 year low of $37.22 and a 1 year high of $48.98. 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 stock’s 50 day simple moving average is $47.12 and its two-hundred day simple moving average is $44.55. The company has a market cap of $22.82 billion, a PE ratio of 24.41, a price-to-earnings-growth ratio of 3.85 and a beta of 0.57.

NiSource (NYSE:NI) last released its earnings results on Wednesday, May 6th. The utilities provider reported $1.06 EPS for the quarter, meeting analysts’ consensus estimates of $1.06. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.52 billion. NiSource had a return on equity of 8.07% and a net margin of 13.99%.During the same quarter in the prior year, the firm posted $0.85 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. Research analysts predict that NiSource, Inc will post 2.05 earnings per share for the current year.

NiSource Dividend Announcement

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

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.