NiSource Inc (NI)

NiSource's stock experienced fluctuations between July 2025 and January 2026. As of December 9, 2025, the stock was down 5.49% over the past 30 days but up 12.87% over the past 12 months. Key events included the Q3 2024 earnings report, analyst ratings and price target adjustments, the Q3 2025 earnings report, and reports of insider selling.

Demand for NiSource's products and services is subject to seasonal fluctuations. Revenues are typically more significant during the heating season for its natural gas operations and the cooling season for its electric operations.

NiSource, Inc. is an energy holding company operating as a regulated natural gas and electric utility in the United States. It delivers natural gas and electricity to customers through its brands, Columbia Gas and NIPSCO. The company is focused on infrastructure modernization, safety enhancements, and a transition to a lower-carbon generation mix, including renewable energy investments.

NiSource serves approximately 3.5 million natural gas customers and 500,000 electric customers across six states. Its natural gas operations are in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. The company's electric utility services are in northern Indiana. NiSource's headquarters are in Merrillville, Indiana, with a corporate presence in Columbus, Ohio.

NiSource has maintained a strong brand reputation, with subsidiaries recognized as most trusted utility brands. NIPSCO and Columbia Gas' websites were ranked among the top utility websites. NiSource was recognized on Forbes' list of America's Best Employers for Women and TIME Magazine's World's Best Companies. The company published its 2024 sustainability report, highlighting its dedication to operational excellence, safety, customer satisfaction, and environmental stewardship.

NiSource Inc. is predominantly held by institutional investors, who manage between 91.64% and 98.33% of the company's stock as of 2025. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., T. Rowe Price Investment Management, Inc. and T. Rowe Price Capital Appreciation Fund, Inc., State Street Corp, iShares, SPDR, Geode Capital Management, Llc, Deutsche Bank Ag, and Jennison Associates Llc. Insider ownership remains minimal.