Boston Partners has made a new $12.14 million
investment in
NiSource Inc. (NYSE:NI). This follows their recent record 1-year high thanks to an
analyst upgrade.
Analyst ratings for NiSource have remained positive and their Q1 earnings have beaten estimates.
BMO Capital Markets reiterated their outperform rating and
Barclays increased the price target to $31.00. Market activity suggests adding NiSource to one's portfolio as a strong move currently.
NiSource Inc. announced a $0.27 per share quarterly dividend but has seen a reduction in shares held by several investment firms. Regardless, their
Q1 earnings are expected to grow, further building investor confidence in their performance. Their subsidiary, NIPSCO, is
advancing its electricity generation, and their
stock quote price and forecast are favorable. New leadership within Ohio and Indiana subsidiaries promises growth while their performance shows continued corporate stability with a solid earnings per share.
Russell Investments Group Ltd. and
Natixis Advisors L.P. has increased holdings of NiSource shares further displaying market trust. NiSource announced fourth quarter results and declared common and preferred stock dividends. The stock consistently trades highly and is advised to be added to any sound long-term portfolio.
Nisource NI News Analytics from Tue, 01 Aug 2023 07:00:00 GMT to Thu, 16 May 2024 14:51:02 GMT -
Rating 9
- Innovation 6
- Information 8
- Rumor -4
