NiSource
About: NiSource is one of the nation's largest natural gas distribution companies with 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: 7,746
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
28% more repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 249
6.79% more ownership
Funds ownership: 92.88% [Q1] → 99.68% (+6.79%) [Q2]
6% more capital invested
Capital invested by funds: $17.5B [Q1] → $18.5B (+$982M) [Q2]
9% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 80
4% less funds holding
Funds holding: 787 [Q1] → 757 (-30) [Q2]
39% less call options, than puts
Call options by funds: $8.9M | Put options by funds: $14.6M
50% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 4 (-4) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Barclays Nicholas Campanella | 4%upside $44 | Overweight Maintained | 4 Aug 2025 |
Financial journalist opinion
Based on 11 articles about NI published over the past 30 days









