Key Points
- EVP Kimberly Cuccia sold 8,000 NiSource shares at an average price of $43.13 for a total of $345,040, cutting her holding by 16.24% to 41,247 shares (filing available with the SEC).
- NiSource reported Q3 EPS of $0.19 (missing estimates by $0.01) with revenue of $1.27 billion, and issued FY2025 guidance of 1.870–1.89 EPS and FY2026 guidance of 2.020–2.07 EPS.
- The stock trades near $43.80 with a 52-week range of $35.36–$44.88 and a market cap of about $20.9 billion; analysts have an average rating of "Moderate Buy" and a consensus price target of $45.78.
NiSource, Inc (NYSE:NI - Get Free Report) EVP Kimberly Cuccia sold 8,000 shares of NiSource stock in a transaction that occurred on Tuesday, November 25th. The shares were 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 approximately $1,778,983.11. This represents a 16.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
NiSource Price Performance
NYSE NI opened at $43.80 on Thursday. NiSource, Inc has a 1 year low of $35.36 and a 1 year high of $44.88. The company has a fifty day simple moving average of $42.98 and a 200 day simple moving average of $41.39. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 1.29. The company has a market cap of $20.90 billion, a P/E ratio of 23.17, a P/E/G ratio of 3.13 and a beta of 0.62.
NiSource (NYSE:NI - Get Free Report) last released its earnings results 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). NiSource had a return on equity of 8.09% and a net margin of 14.15%.The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $983.25 million. During the same period in the prior year, the firm earned $0.20 EPS. NiSource has set its FY 2026 guidance at 2.020-2.07 EPS. FY 2025 guidance at 1.870-1.89 EPS. On average, sell-side analysts predict that NiSource, Inc will post 1.91 EPS for the current year.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on NI shares. Zacks Research raised NiSource to a "hold" rating in a research report on Monday, August 11th. Barclays increased their price target on shares of NiSource from $44.00 to $46.00 and gave the company an "overweight" rating in a report on Tuesday, October 21st. Evercore ISI raised their price target on shares of NiSource from $46.00 to $47.00 and gave the stock an "in-line" rating in a research report on Thursday, October 30th. BMO Capital Markets upped their price objective on shares of NiSource from $46.00 to $47.00 and gave the company an "outperform" rating in a research report on Monday, September 29th. Finally, Wall Street Zen raised NiSource from a "sell" rating to a "hold" rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, NiSource has an average rating of "Moderate Buy" and a consensus price target of $45.78.
Check Out Our Latest Stock Analysis on NI
Hedge Funds Weigh In On NiSource
Several hedge funds and other institutional investors have recently modified their holdings of NI. CIBC Private Wealth Group LLC grew its position in NiSource by 20.4% in the third quarter. CIBC Private Wealth Group LLC now owns 11,672 shares of the utilities provider's stock valued at $505,000 after acquiring an additional 1,977 shares during the period. CIBC Bancorp USA Inc. bought a new stake in shares of NiSource in the 3rd quarter worth about $2,813,000. Captrust Financial Advisors increased its position in shares of NiSource by 3.6% during the 3rd quarter. Captrust Financial Advisors now owns 47,469 shares of the utilities provider's stock worth $2,055,000 after purchasing an additional 1,628 shares in the last quarter. Danske Bank A S bought a new position in NiSource during the 3rd quarter valued at about $765,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in NiSource in the third quarter valued at about $111,000. Institutional investors own 91.64% of the company's stock.
NiSource Company Profile
(
Get Free Report)
NiSource Inc, an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 3.3 million customers through approximately 55,000 miles of distribution main pipeline and the associated individual customer service lines; and 1,000 miles of transmission main pipeline in northern Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland.
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