NiSourceNI
Market Cap: $14.9B
About: NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.
Employees: 7,411
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
143% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $4.24M
30% more repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 196
6% more capital invested
Capital invested by funds: $11.9B [Q1] → $12.6B (+$735M) [Q2]
1.69% more ownership
Funds ownership: 96.03% [Q1] → 97.71% (+1.69%) [Q2]
10% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 61
1% more funds holding
Funds holding: 619 [Q1] → 625 (+6) [Q2]
18% less funds holding in top 10
Funds holding in top 10: 11 [Q1] → 9 (-2) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Barclays Nicholas Campanella 93% 1-year accuracy 38 / 41 met price target | 5%upside $35 | Overweight Maintained | 13 Aug 2024 |
Evercore ISI Group Durgesh Chopra 74% 1-year accuracy 14 / 19 met price target | 2%upside $34 | Outperform Maintained | 8 Aug 2024 |
BMO Capital James Thalacker 87% 1-year accuracy 52 / 60 met price target | 4%downside $32 | Outperform Maintained | 16 Jul 2024 |
Barclays Nicholas Campanella 93% 1-year accuracy 38 / 41 met price target | 2%upside $34 | Overweight Maintained | 15 Jul 2024 |
Mizuho Gabriel Moreen 89% 1-year accuracy 17 / 19 met price target | 1%downside $33 | Outperform Initiated | 11 Jul 2024 |
Financial journalist opinion
Based on 9 articles about NI published over the past 30 days