NiSource
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 Q3 regulatory filings by fund managers ($100M+ AUM)
460% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $2.16M
49% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 68
19% more capital invested
Capital invested by funds: $12.8B [Q2] → $15.2B (+$2.46B) [Q3]
5% more funds holding
Funds holding: 628 [Q2] → 661 (+33) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 9 (+0) [Q3]
0.79% less ownership
Funds ownership: 98.83% [Q2] → 98.04% (-0.79%) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 229
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Mizuho Gabriel Moreen 95% 1-year accuracy 19 / 20 met price target | 9%upside $40 | Outperform Maintained | 1 Nov 2024 |
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 38 / 69 met price target | 7%upside $39 | Buy Initiated | 28 Oct 2024 |
JP Morgan Richard Sunderland 100% 1-year accuracy 2 / 2 met price target | 4%upside $38 | Overweight Maintained | 23 Oct 2024 |
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 4%upside $38 | Overweight Maintained | 21 Oct 2024 |
Wells Fargo Sarah Akers 93% 1-year accuracy 13 / 14 met price target | 4%upside $38 | Overweight Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 7 articles about NI published over the past 30 days
