Miller Howard Investments Inc. NY Buys 18,082 Shares of NiSource, Inc $NI

Miller Howard Investments Inc. NY lifted its stake in NiSource, Inc (NYSE:NI) by 7.4% during the fourth quarter, HoldingsChannel reports. The firm owned 261,635 shares of the utilities provider’s stock after purchasing an additional 18,082 shares during the period. Miller Howard Investments Inc. NY’s holdings in NiSource were worth $10,926,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in NI. Orion Porfolio Solutions LLC grew its holdings in shares of NiSource by 55,625.2% in the second quarter. Orion Porfolio Solutions LLC now owns 16,866,898 shares of the utilities provider’s stock worth $680,411,000 after purchasing an additional 16,836,630 shares during the last quarter. Millennium Management LLC grew its holdings in shares of NiSource by 2,288.8% in the third quarter. Millennium Management LLC now owns 3,166,313 shares of the utilities provider’s stock worth $137,101,000 after purchasing an additional 3,033,764 shares during the last quarter. ANTIPODES PARTNERS Ltd bought a new position in shares of NiSource in the third quarter worth about $84,086,000. Soroban Capital Partners LP grew its holdings in shares of NiSource by 52.0% in the second quarter. Soroban Capital Partners LP now owns 4,434,245 shares of the utilities provider’s stock worth $178,877,000 after purchasing an additional 1,516,296 shares during the last quarter. Finally, Reaves W H & Co. Inc. lifted its stake in NiSource by 34.6% in the third quarter. Reaves W H & Co. Inc. now owns 5,009,644 shares of the utilities provider’s stock worth $216,918,000 after acquiring an additional 1,287,745 shares during the period. 91.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NI. Wall Street Zen raised shares of NiSource from a “sell” rating to a “hold” rating in a research note on Saturday, April 4th. Wells Fargo & Company upped their price objective on shares of NiSource from $47.00 to $49.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Barclays upped their price objective on shares of NiSource from $45.00 to $49.00 and gave the stock an “overweight” rating in a research note on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NiSource in a research note on Friday, March 27th. Finally, KeyCorp began coverage on shares of NiSource in a research note on Tuesday, March 31st. They issued an “overweight” rating and a $52.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NiSource presently has a consensus rating of “Moderate Buy” and a consensus price target of $48.00.

Key Headlines Impacting NiSource

Here are the key news stories impacting NiSource this week:

• Positive Sentiment: Long-term energy deals with Alphabet and expanded agreement with Amazon strengthen NiSource’s contracted demand outlook and could support multi-year revenue and infrastructure spend; the market treated the news as material positive for future cash flows. NiSource signs long-term power deal with Alphabet, expands Amazon agreement
• Positive Sentiment: Media coverage and trading reports show the stock jumped on the data-center deals, signaling investor enthusiasm and potential institutional buying that lifted volume. NiSource stock jumps 3% on data center deals with Alphabet, Amazon
• Positive Sentiment: Analyst/market commentary is highlighting NI as a low‑beta utility buy amid market volatility, which can attract defensive flows and support the stock’s near-term performance. 4 Low-Beta Utility Stocks to Buy Amid Record Low Consumer Confidence
• Neutral Sentiment: Q1 2026 preview: analysts expect single‑digit EPS growth for the quarter; results (and any guidance updates) will be the next catalyst and could either confirm the bullish view or temper enthusiasm. What to Expect From NiSource’s Q1 2026 Earnings Report
• Neutral Sentiment: Local community news (grant for carbon monoxide alarms) is not material to NiSource’s financials but appeared in news feeds. Fire rescue association receives grant for carbon monoxide alarms

NiSource Stock Up 0.0%

NYSE:NI opened at $48.32 on Monday. NiSource, Inc has a 1-year low of $37.22 and a 1-year high of $48.83. The company has a 50-day moving average of $46.62 and a 200 day moving average of $44.20. The firm has a market cap of $23.16 billion, a PE ratio of 24.78, a price-to-earnings-growth ratio of 3.95 and a beta of 0.61. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 0.56.

NiSource (NYSE:NI) last released its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. The company had revenue of $1.90 billion during 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 period in the prior year, the firm earned $0.49 earnings per share. NiSource has set its FY 2026 guidance at 2.020-2.070 EPS. As a group, research analysts anticipate that NiSource, Inc will post 1.91 EPS 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. This represents a $1.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, April 30th. NiSource’s dividend payout ratio 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.