NiSource (NI)

• Market cap: $18.6B
• 1 day: -0.58%
• 5 days: 0.84%
• 1 month: -0.40%
• 3 months: 8.44%
• 6 months: 13.30%
• Year to date: 8.50%
• 1 year: 40.39%
• 5 years: 50.29%
• 10 years: -11.15%
• Sector: Utilities
• Industry: Gas Utilities

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

472% more call options, than puts

Call options by funds: $12M | Put options by funds: $2.1M

102% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 58

17% more repeat investments, than reductions

Existing positions increased: 267 | Existing positions reduced: 228

8% more capital invested

Capital invested by funds: $15.2B [Q3] → $16.4B (+$1.19B) [Q4]

7% more funds holding

Funds holding: 674 [Q3] → 722 (+48) [Q4]

2.35% less ownership

Funds ownership: 98.17% [Q3] → 95.82% (-2.35%) [Q4]

22% less funds holding in top 10

Funds holding in top 10: 9 [Q3] → 7 (-2) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $42 6% upside
• Avg. target: $43 10% upside
• High target: $45 14% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Nicholas Campanella 59% 1-year accuracy 47 / 80 met price target	6% upside $42	Overweight Maintained	25 Apr 2025
JP Morgan Richard Sunderland 70% 1-year accuracy 7 / 10 met price target	9% upside $43	Overweight Maintained	24 Apr 2025
Mizuho Gabriel Moreen 86% 1-year accuracy 30 / 35 met price target	12% upside $44	Outperform Maintained	26 Mar 2025
UBS Ross Fowler 46% 1-year accuracy 11 / 24 met price target	14% upside $45	Buy Maintained	21 Mar 2025
Wells Fargo Sarah Akers 73% 1-year accuracy 11 / 15 met price target	9% upside $43	Overweight Maintained	13 Feb 2025