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

Tudor Investment Corp ET AL purchased a new stake in NiSource, Inc (NYSE:NI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 264,593 shares of the utilities provider’s stock, valued at approximately $11,457,000.

Several other large investors have also recently bought and sold shares of NI. ANTIPODES PARTNERS Ltd bought a new stake in shares of NiSource during the third quarter worth $84,086,000. Capital International Investors boosted its holdings in NiSource by 15.1% in the third quarter. Capital International Investors now owns 8,136,157 shares of the utilities provider’s stock valued at $352,296,000 after acquiring an additional 1,065,591 shares during the last quarter. Inspire Advisors LLC acquired a new stake in NiSource in the third quarter worth about $1,113,000. Alkeon Capital Management LLC increased its position in NiSource by 21.0% in the third quarter. Alkeon Capital Management LLC now owns 3,100,500 shares of the utilities provider’s stock worth $134,252,000 after purchasing an additional 539,000 shares during the period. Finally, Drake & Associates LLC bought a new stake in NiSource during the 3rd quarter worth about $2,413,000. Institutional investors and hedge funds own 91.64% of the company’s stock.

NiSource Price Performance

NiSource stock opened at $47.46 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.56 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $22.75 billion, a P/E ratio of 24.34, a PEG ratio of 3.89 and a beta of 0.61. The business has a 50-day moving average of $45.91 and a 200-day moving average of $43.79. NiSource, Inc has a 1 year low of $35.64 and a 1 year high of $47.96.

NiSource (NYSE:NI) last announced its quarterly earnings results on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.02. NiSource had a net margin of 13.99% and a return on equity of 8.07%. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the company posted $0.49 EPS. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. On average, equities analysts anticipate that NiSource, Inc will post 1.91 EPS for the current year.

NiSource Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Thursday, April 30th will be issued a $0.30 dividend. 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 (DPR) 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

Analyst Ratings Changes

A number of research analysts have issued reports on NI shares. Barclays set a $45.00 target price on shares of NiSource in a research report on Monday, December 8th. BMO Capital Markets set a $50.00 price target on shares of NiSource in a research note on Thursday, February 12th. Weiss Ratings restated a “buy (b)” rating on shares of NiSource in a report on Friday, March 27th. Citigroup raised their price objective on shares of NiSource from $44.00 to $47.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Finally, 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 report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $47.64.

NiSource Company 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.