NiSource stock draws fresh institutional interest as Q2 earnings and guidance support long-term grow
NiSource Inc. (NI) is attracting fresh institutional investment following its Q2 2026 earnings report, which reaffirmed its full-year EPS guidance and a multiyear $28.6 billion capital investment plan. Despite a decline in Q2 profit, the company's strong year-to-date performance and long-term growth projections through 2033 are driving confidence among investors. The stock is currently trading below the average analyst price target, indicating potential upside, while the company navigates operational scrutiny related to recent storm responses.
Oxford Financial Group LTD. LLC Invests $1.60 Million in NiSource, Inc $NI
Oxford Financial Group LTD. LLC has acquired a new stake of $1.60 million in NiSource, Inc (NYSE:NI) during the second quarter, purchasing 33,563 shares. Other institutional investors also adjusted their positions in the utilities provider, which currently has a "Moderate Buy" consensus rating from analysts with an average price target of $49.82. NiSource recently announced a quarterly dividend of $0.30 per share, payable on November 20th.
Vise Technologies Inc. Makes New Investment in NiSource, Inc $NI
Vise Technologies Inc. recently acquired a new stake in NiSource, Inc (NYSE:NI) during the second quarter, purchasing 133,817 shares valued at approximately $6.36 million. Other institutional investors like BlackRock Inc., Orion Portfolio Solutions LLC, and Deutsche Bank AG also significantly adjusted their holdings in the utilities provider. The article details analyst ratings, insider transactions, and NiSource's recent financial performance, including its dividend announcement.
Wealthfront Advisers LLC Invests $5.52 Million in NiSource, Inc $NI
Wealthfront Advisers LLC has acquired a new stake of 116,147 shares in NiSource, Inc (NYSE:NI) valued at approximately $5.52 million during the second quarter. Other institutional investors also adjusted their positions in the utility provider. NiSource announced a quarterly dividend of $0.30 per share, payable on November 20th, and has a consensus "Moderate Buy" rating from analysts with an average target price of $49.82.
Ninepoint Partners LP Takes $1.79 Million Position in NiSource, Inc $NI
Ninepoint Partners LP has acquired a new position in NiSource, Inc. (NYSE:NI), purchasing 37,720 shares valued at approximately $1.79 million during the second quarter. This move is part of broader institutional interest, with hedge funds and institutional investors collectively owning 91.64% of the utility company. NiSource reported strong Q2 earnings, meeting EPS estimates and exceeding revenue forecasts, and has reaffirmed its fiscal 2026 EPS guidance while also announcing a quarterly dividend.
NI5558777 Bond Coupon Profile — Rate & Payments
This article provides a coupon profile for the NiSource Inc. bond NI5558777, detailing its interest rate and payment schedule. The bond has a current coupon rate of 5.25%, with the next payment anticipated on September 30, 2026. It highlights the importance of coupon data for understanding bond performance.
Ceredex Value Advisors LLC Takes Position in NiSource, Inc $NI
Ceredex Value Advisors LLC has acquired a new position in NiSource, Inc. (NYSE:NI) during the second quarter, purchasing 457,450 shares valued at approximately $21.75 million. This makes Ceredex Value Advisors LLC a significant institutional investor, owning about 0.10% of NiSource's stock. Other institutional investors have also adjusted their holdings, while an EVP recently sold shares.
Great Lakes Advisors LLC Takes Position in NiSource, Inc $NI
Great Lakes Advisors LLC has acquired a new position in NiSource, Inc (NYSE:NI) during the second quarter, purchasing 79,778 shares valued at approximately $3.79 million. Other institutional investors like Vanguard Group Inc. and BlackRock Inc. also hold significant stakes in the utility provider. NiSource announced a quarterly dividend of $0.30, payable on November 20th, and maintains a "Moderate Buy" consensus rating from Wall Street analysts with a target price of $49.82.
NIPSCO continues power restoration; full restoration likely next week
NIPSCO is actively working to restore power in northwest Indiana following significant storm damage, which caused one of the largest outages in the company's history. Despite efforts and assistance from across the Midwest, over 63,000 customers, primarily in Porter and Lake counties, remain without electricity. Full power restoration is not anticipated until the middle of next week due to the extensive damage, including thousands of poles and millions of feet of wire needing replacement.
25,000 Gary Residents Still Without Power After Historic Storm
Eight days after a historic storm, nearly 25,000 Gary residents remain without power, with full restoration targeted for August 25. NIPSCO attributed delays to extensive tree damage and difficulty accessing lines, while assuring residents that restoration efforts are not influenced by socio-economic factors. The prolonged outage has caused significant frustration among residents, with some facing up to two weeks without electricity.
Parts of NW Indiana to remain without power until next week after Chicago area storms cause outages, NIPSCO says
Parts of Northwest Indiana, including Gary, are expected to remain without power until next week following severe storms on August 11. Thousands of customers are affected, and NIPSCO states that repairs are complex and typically take weeks or months. The community is organizing food giveaways and relief efforts while residents cope with the prolonged outages.
299,542 Shares in NiSource, Inc $NI Bought by Tocqueville Asset Management L.P.
Tocqueville Asset Management L.P. recently acquired 299,542 shares of NiSource, Inc (NYSE:NI) for approximately $14.2 million, as detailed in their latest SEC filing. This acquisition contributes to the 91.64% institutional ownership of the utilities provider. NiSource reported strong quarterly revenues of $1.34 billion and declared a quarterly dividend of $0.30 per share, indicating a 2.9% annual yield, while analysts maintain a "Moderate Buy" consensus rating with an average target price of $49.82 despite some recent adjustments.
Mitsubishi UFJ Asset Management Co. Ltd. Purchases Shares of 1,157,807 NiSource, Inc $NI
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new stake of 1,157,807 shares in NiSource, Inc (NYSE:NI) during the second quarter, valued at approximately $55.05 million. Other institutional investors also adjusted their holdings in NiSource, and corporate insiders have sold a significant number of shares recently. NiSource reported its quarterly earnings, beating revenue estimates and meeting EPS consensus, and also announced a quarterly dividend.
BlackRock Inc. Makes New $2.61 Billion Investment in NiSource, Inc $NI
BlackRock Inc. has acquired a new stake in NiSource, Inc. (NYSE:NI) valued at approximately $2.61 billion, purchasing over 54.9 million shares. This investment makes BlackRock Inc. one of the largest institutional holders, owning about 11.46% of the utility provider. Other institutional investors also increased their positions, while NiSource recently reported earnings meeting analyst expectations and announced a quarterly dividend.
NIPSCO gives estimated timeline for restoration for Gary, Indiana
NIPSCO has provided an estimated timeline for power restoration in Gary, Indiana. According to Melody Birmingham, Executive Vice President at NiSource Inc., a timeline was not shared previously because the company lacked confidence in providing an accurate estimated time of restoration (ETR) until now.
NIPSCO now says power restoration in northwest Indiana could take until next week after Chicago-area severe weather
NIPSCO announced that power restoration in Northwest Indiana for tens of thousands of customers could extend until next week, following a severe storm eight days prior. The utility company cited significant damage and complex repairs as reasons for the delay, with crews working tirelessly and external assistance brought in. Residents are struggling with extended outages, resorting to generators, and expressing frustration over the prolonged timeline and communication issues.
NiSource Inc. stock underperforms Wednesday when compared to competitors
Shares of NiSource Inc. (NI) fell 1.16% on Wednesday, closing at $41.63, despite an overall positive trading session for the broader stock market. The S&P 500 Index and Dow Jones Industrial Average both saw gains, marking the third consecutive day of losses for NiSource stock.
NiSource stock steadies above $42 as junior notes deal and Q2 2026 earnings frame outlook
NiSource stock is trading above $42 per share in mid-August 2026, driven by solid Q2 2026 earnings and a new $750 million junior subordinated notes issuance. The company reported Q2 2026 revenue of $1.17 billion and net income of $168 million, supporting its capital investment plans for regulated gas and electric utility growth. Analysts maintain a "Moderate Buy" rating with a target price of $49.82, anticipating continued earnings growth from NiSource's regulated operations.
Meeder Advisory Services Inc. Invests $1.99 Million in NiSource, Inc $NI
Meeder Advisory Services Inc. recently acquired 41,807 shares of NiSource, Inc. (NYSE:NI) for approximately $1.99 million in the second quarter. This move is part of broader institutional investment in NiSource, which also includes recent adjustments by other firms. The article also details NiSource's stock performance, latest earnings report, dividend announcement, and recent insider trading activities.
1,750,406 Shares in NiSource, Inc $NI Purchased by Ontario Teachers Pension Plan Board
Ontario Teachers Pension Plan Board has acquired 1,750,406 shares of NiSource, Inc (NYSE:NI) for approximately $83.23 million, making it the 26th largest holding for the pension plan. Other institutional investors and hedge funds also increased their positions in NiSource, collectively owning 91.64% of the stock. Insider activity included sales by EVP Melody Birmingham and EVP Melanie B. Berman, while analysts have set an average price target of $49.82 with a "Moderate Buy" rating.
NiSource EVP Melody Birmingham Executes Sale of 37,509 Shares at $42.4 Average Price
Melody Birmingham, NiSource Inc.'s EVP and Group President, Utilities, sold 37,509.173 shares of the company's common stock on August 14, 2026, at a weighted average price of $42.4 per share. Following the transaction, she directly holds 78,527.151 shares. The sale was reported in a Form 4 filing to the SEC on August 18, 2026, and did not involve a Rule 10b5-1 trading plan.
First Tracks Biotherapeutics CBO Benjamin Stone Receives 60,492 Performance Stock Units
Benjamin Stone, Chief Business Officer of First Tracks Biotherapeutics, Inc. (NASDAQ: TRAX), was granted 60,492 performance stock units (PSUs) on August 15, 2026. This grant followed the certification of performance goals by the Compensation Committee. The PSUs will vest in two equal installments on August 15, 2027, and July 1, 2028, contingent on Stone's continued service, increasing his total beneficial PSU holdings to 137,651.
Smurfit Westrock CFO Ken Bowles Acquires 234 Dividend-Equivalent RSUs
Ken Bowles, Executive Vice President and Group CFO of Smurfit Westrock plc (NYSE:SW), acquired 234 ordinary shares through dividend-equivalent restricted stock units (RSUs) on August 14, 2026. These RSUs were credited based on the company's quarterly dividend of $0.4523 per ordinary share and were acquired at no cash cost. Following this transaction, Bowles beneficially owns 174,347 ordinary shares, including 38,840 RSU awards that vest in three equal annual installments.
SmartStop Self Storage REIT Finalizes CAD $200 Million Senior Unsecured Notes Offering
SmartStop Self Storage REIT's operating partnership has successfully completed a CAD $200 million private placement of 4.317% Senior Unsecured Notes, maturing on February 18, 2031. These notes, rated BBB (Stable) by Morningstar DBRS, were exclusively sold in Canada. The net proceeds from this offering will be used to repay existing debt and for general corporate purposes.
Form 8K NiSource Inc For: 18 August By Investing.com
This article announces the filing of a Form 8K by NiSource Inc. on August 18. It is a brief news item from Investing.com, providing basic information about the regulatory filing. The article does not contain further details about the content of the Form 8K.
NiSource (NYSE:NI) EVP Sells 37,509 Shares of Stock
NiSource EVP Melody Birmingham sold 37,509 shares of NiSource stock on August 14th at an average price of $42.40, totaling approximately $1.59 million. This transaction reduced her ownership by 32.33%. NiSource maintained its fiscal 2026 EPS guidance and announced a quarterly dividend of $0.30 per share, with analysts rating the stock as a "Moderate Buy."
Timberland Bancorp EVP Breanne D. Antich Sells 30 Shares of Common Stock on August 18, 2026
Breanne D. Antich, EVP and CTO of Timberland Bancorp Inc (NASDAQ: TSBK), sold 30 shares of the company's common stock on August 18, 2026, at a price of $46.4142 per share. Following this transaction, Antich directly owns 3,890 shares and indirectly holds an additional 4,174 shares through the company's employee stock ownership plan. The shares sold were part of a Restricted Stock Award granted in September 2024, vesting over five years.
Form 8K NiSource Inc For: 18 August By Investing.com
This article announces that NiSource Inc. has filed a Form 8K on August 18. The filing is an important regulatory disclosure for the company, typically indicating significant events or changes. The brief article itself does not provide further details about the content of the 8K filing.
NiSource completes $750 million notes offering with fixed-to-reset interest rate
NiSource (NYSE:NI) has completed a $750 million public offering of 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 to fund capital expenditures and working capital. The notes will pay semi-annual interest, with the rate resetting every five years after April 2032, and allow NiSource to defer interest payments under certain conditions, despite its 40-year dividend payment history. This offering adds to the company's existing debt load as it continues capital expansion and manages evolving regulatory landscapes in Indiana, alongside recent Q2 earnings that missed estimates but showed revenue growth and a strong data center pipeline.
NiSource prices $750M 6.250% fixed-to-fixed reset junior subordinated notes due 2057
NiSource (NI) has priced $750 million of 6.250% fixed-to-fixed reset junior subordinated notes due in 2057. The interest will be paid semi-annually, with the first reset scheduled for 2032. The notes are callable by NiSource under specific conditions, and the company may defer interest payments for up to 20 consecutive semiannual periods, subject to certain restrictions.
NiSource (NYSE: NI) issues $750M 6.25% junior notes due 2057
NiSource Inc. (NYSE: NI) has issued $750 million in 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057. The notes bear an initial interest rate of 6.250% per annum until April 15, 2032, after which the rate will reset every five years based on the Five-year U.S. Treasury Rate plus 1.930%, with a floor of 6.250%. NiSource plans to use the net proceeds for general corporate purposes, including capital expenditures, working capital, and repayment of existing debt.
NiSource EVP & Grp President, Utilities Sold Shares Worth Over $1.5M
Melody Birmingham, EVP & Grp President, Utilities at NiSource, sold shares worth over $1.5 million. The sale involved multiple transactions at an average price of $42.40 per share, with total proceeds reaching $1,590,381. Following the sale, Birmingham directly holds 78,527 shares of the company's common stock.
NiSource (NYSE: NI) EVP Melody Birmingham sells 37,509 shares
NiSource EVP Melody Birmingham sold 37,509.173 shares of company common stock on August 14, 2026, at a weighted average price of $42.40 per share, totaling approximately $1.59 million. Following this transaction, Birmingham directly holds 78,527.151 shares. The sale was not conducted under a Rule 10b5-1 trading plan.
Hunton Advises on NiSource Inc.'s $750M Offering of Junior Subordinated Notes
Hunton Andrews Kurth LLP advised the underwriters on NiSource Inc.'s SEC-registered offering of $750 million aggregate principal amount of 6.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057. NiSource is an energy holding company serving approximately 3.8 million customers in six states through its regulated natural gas and electric utility companies. The Hunton team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman, Jingyi “Alice” Yao, Jack W. Chatas, and tax advisors Robert McNamara, William Freeman, and David Kamins.
Is NiSource (NI) Undervalued On Q2 Results And New Data Center Contracts?
NiSource (NI) is drawing attention after its Q2 results showed lower adjusted EPS, alongside reaffirmation of long-term targets and new data center contracts with Amazon and Alphabet. Despite recent share price softening, a popular narrative suggests the stock is 15.3% undervalued, with a fair value of $50.03 per share based on long-term earnings and regulated returns. However, an alternative SWS DCF model suggests the stock might be overvalued at its current price, indicating mixed signals for investors.
Is NiSource (NI) Undervalued On Q2 Results And New Data Center Contracts?
NiSource (NI) is attracting attention due to its Q2 results, which showed lower adjusted EPS, and new data center contracts with Amazon and Alphabet. Despite a recent share price softening, its long-term performance remains strong. The company's valuation is debated, with one narrative suggesting it's 15.3% undervalued at $50.03 per share, while a discounted cash flow model places its fair value below its current trading price at $36.01.
Deutsche Bank AG Takes Position in NiSource, Inc $NI
Deutsche Bank AG has acquired a new position in NiSource, Inc. (NYSE:NI) during the second quarter, purchasing over 12 million shares valued at approximately $574 million. This move makes Deutsche Bank AG the owner of about 2.52% of NiSource. Other institutional investors have also adjusted their holdings in the utilities provider, which currently holds a "Moderate Buy" consensus rating from analysts with an average price target of $49.82.
Global Retirement Partners LLC Invests $1.19 Million in NiSource, Inc $NI
Global Retirement Partners LLC has invested $1.19 million in NiSource, Inc. (NYSE:NI) by purchasing 24,995 shares during the second quarter, making it a new stakeholder. Institutional investors now own 91.64% of the company. NiSource reported its quarterly earnings, matching estimates with $0.16 EPS and revenue of $1.34 billion, and declared a quarterly dividend of $0.30, representing a 2.8% annual yield.
GSA Capital Partners LLP Takes $1.54 Million Position in NiSource, Inc $NI
GSA Capital Partners LLP has initiated a new position in NiSource, Inc. (NYSE:NI), purchasing 32,493 shares valued at approximately $1.54 million during the second quarter. This move comes as other institutional investors have also adjusted their holdings in the utilities provider, and several analysts have recently updated their price targets and ratings for the stock. NiSource also announced a quarterly dividend of $0.30 per share, payable on November 20th.
NiSource stock steadies as data center strategy and 2026 EPS guidance stay intact
NiSource stock is holding steady in the low-$40s, supported by its data center strategy which is expected to generate $1.4 billion in customer savings. The company reaffirmed its 2026 adjusted EPS guidance in the low-$2 range and targets a long-term growth rate of 6-8% through 2030, positioning it as a steady compounder for investors. This strategy, balancing infrastructure investment with customer benefits and consistent earnings, has kept the stock aligned with its valuation.
NiSource Reaffirms 9%-10% Long-Term EPS Growth Despite Q2 Adjusted Earnings Decline
NiSource has reaffirmed its long-term target for 9%-10% compound annual adjusted EPS growth from 2026 through 2033, despite a decline in Q2 adjusted earnings. The company attributes its confidence to a $28.6 billion capital investment plan, including significant spending on data-center infrastructure, and expects this to drive rate-base growth of 9%-11%. NiSource is also adjusting its earnings guidance reporting to highlight growth from data-center operations separately.
Did NiSource’s (NI) Hybrid Funding and Data Center Push Just Recast Its Long-Term Investment Narrative?
NiSource Inc. recently completed a US$750 million notes offering and reported Q2 earnings while reaffirming 2026 EPS guidance and highlighting significant data center demand. This financing, along with ongoing capital expenditure for its US$19.4 billion five-year plan, emphasizes the company's reliance on regulated utility earnings, long-term infrastructure spending, and growing large-load demand from data centers. The article explores how these developments, particularly the data center opportunities and capital requirements, influence NiSource's investment narrative and future returns.
NiSource Shares Rise 9.5% Amid Indiana Power Outages, Challenging Regulated Model
Despite significant power outages affecting 172,000 customers in northwest Indiana, NiSource Inc. (NYSE:NI) shares rose by approximately 9.5% over the past week. Investors appear to be separating the temporary restoration costs from the company's long-term growth outlook and regulated earnings potential. NIPSCO aims to restore 90% of service by August 18 and complete restoration by August 21, as the company maintains its 2026 earnings guidance and projects strong EPS growth through 2033.
NiSource (NI): A Costly Quarter Masks A Bigger Bet
NiSource (NI) reported a costly second quarter with adjusted EPS falling, but management reaffirmed long-term targets due to significant investments in data centers. The company's growth strategy is increasingly tied to digital growth, with regulatory approvals for partnerships with Amazon and Alphabet driving projected bill reductions for customers. Despite challenges like an active storm season and ongoing union negotiations, NiSource is betting on its data center pipeline to offset short-term cost pressures.
Bellars Harris Wealth Management LLC Takes Position in NiSource, Inc $NI
Bellars Harris Wealth Management LLC has acquired a new position in NiSource, Inc. (NYSE:NI), purchasing 209,027 shares valued at approximately $9.94 million, making it their 11th largest holding. Other institutional investors like T. Rowe Price Investment Management Inc. and Orion Portfolio Solutions LLC also significantly increased their stakes. The article also details recent insider stock sales, analyst ratings, and NiSource's latest financial performance and dividend declaration.
71,984 Shares in NiSource, Inc $NI Acquired by Summit Global Investments
Summit Global Investments has acquired a new stake of 71,984 shares in NiSource, Inc (NYSE:NI) valued at approximately $3.42 million during the second quarter. Other institutional investors have also adjusted their holdings in NiSource, with 91.64% of the company's stock owned by institutional investors and hedge funds. The article also details NiSource's recent financial performance, dividend announcement, analyst ratings, and insider trading activities.
Did NiSource’s (NI) Hybrid Funding and Data Center Push Just Recast Its Long-Term Investment Narrative?
NiSource Inc. recently completed a significant junior subordinated notes offering and reported Q2 earnings, reaffirming its 2026 EPS guidance while highlighting growth opportunities from data center demand. The company's strategy involves substantial long-term infrastructure investment, partly funded by this new debt, making its equity story dependent on favorable regulatory outcomes and cost recovery. Investors are advised to consider the balance sheet pressure from heavy investment alongside the appealing data center growth.
Did NiSource’s (NI) Hybrid Funding and Data Center Push Just Recast Its Long-Term Investment Narrative?
NiSource Inc. recently completed a US$750 million junior subordinated unsecured notes offering and reported softer second-quarter earnings, while reaffirming 2026 EPS guidance and highlighting significant data center load growth. This strategic financing is crucial for its US$19.4 billion capital plan and data center projects, emphasizing the importance of regulatory approvals and cost recovery for maintaining earnings and dividends. The company's future hinges on its ability to fund infrastructure investments and capitalize on data center demand amidst ongoing balance sheet pressure.
57,632 Shares in NiSource, Inc $NI Bought by Dockside LLC
Dockside LLC acquired 57,632 shares of NiSource, Inc (NYSE:NI) in Q2, totaling approximately $2.74 million. This purchase contributes to institutional investors collectively owning 91.64% of the utility company. NiSource reported Q2 EPS of $0.16 and revenue of $1.34 billion, maintained its 2026 EPS guidance, and declared a quarterly dividend of $0.30 per share.
NiSource (NI) executive Melody Birmingham plans sale of 37,510 shares
NiSource Inc. executive Melody Birmingham has filed a notice to sell 37,510 shares of common stock, valued at approximately $1.59 million, through Fidelity Brokerage Services. The shares originate from restricted stock vesting and dividend reinvestments. Birmingham has also made recent sales in May 2026, totaling 12,500 shares.
