Tema Etfs LLC Boosts Stock Position in NiSource, Inc $NI

Tema Etfs LLC increased its holdings in NiSource, Inc (NYSE:NI) by 75.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,620 shares of the utilities provider’s stock after purchasing an additional 58,803 shares during the quarter. Tema Etfs LLC’s holdings in NiSource were worth $5,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Washington Trust Bank grew its position in shares of NiSource by 0.6% in the 3rd quarter. Washington Trust Bank now owns 199,948 shares of the utilities provider’s stock worth $8,658,000 after buying an additional 1,179 shares during the last quarter. ORG Wealth Partners LLC raised its holdings in shares of NiSource by 81.6% during the third quarter. ORG Wealth Partners LLC now owns 3,949 shares of the utilities provider’s stock valued at $171,000 after acquiring an additional 1,775 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in NiSource by 2.7% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 57,081 shares of the utilities provider’s stock worth $2,472,000 after acquiring an additional 1,474 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in NiSource by 32.3% in the third quarter. Oregon Public Employees Retirement Fund now owns 53,806 shares of the utilities provider’s stock worth $2,330,000 after acquiring an additional 13,145 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in NiSource by 6.0% in the third quarter. Nisa Investment Advisors LLC now owns 139,685 shares of the utilities provider’s stock valued at $6,048,000 after acquiring an additional 7,863 shares in the last quarter. Institutional investors own 91.64% of the company’s stock.

NiSource Stock Performance

Shares of NI opened at $42.06 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.52 and a debt-to-equity ratio of 1.29. The stock has a market cap of $20.07 billion, a P/E ratio of 22.25, a P/E/G ratio of 2.60 and a beta of 0.65. The business’s 50 day moving average price is $42.32 and its 200-day moving average price is $42.00. NiSource, Inc has a 52 week low of $35.64 and a 52 week high of $44.88.

NiSource (NYSE:NI) last posted its quarterly earnings data on Wednesday, October 29th. The utilities provider reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $983.25 million. NiSource had a net margin of 14.15% and a return on equity of 8.09%. During the same period last year, the business earned $0.20 EPS. NiSource has set its FY 2026 guidance at 2.020-2.07 EPS and its FY 2025 guidance at 1.870-1.89 EPS. Equities research analysts anticipate that NiSource, Inc will post 1.91 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NI has been the subject of several research reports. Wells Fargo & Company upgraded shares of NiSource to a “strong-buy” rating in a report on Tuesday, October 28th. BMO Capital Markets raised their price objective on shares of NiSource from $46.00 to $47.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Wall Street Zen cut NiSource from a “hold” rating to a “sell” rating in a research report on Saturday, January 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of NiSource in a research report on Monday, December 29th. Finally, UBS Group raised their target price on NiSource from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $46.67.

Insider Buying and Selling at NiSource

In other news, EVP Kimberly S. Cuccia sold 8,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $43.13, for a total transaction of $345,040.00. Following the completion of the transaction, the executive vice president directly owned 41,247 shares in the company, valued at $1,778,983.11. This trade represents a 16.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.24% of the stock is owned by insiders.

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.