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Nisource NI - News Analyzed: 3,817 - Last Week: 96 - Last Month: 495

↑ Investment Firms Amplify Stake in NiSource Inc. as Company Posts Promising Q1 2024 Results

Investment Firms Amplify Stake in NiSource Inc. as Company Posts Promising Q1 2024 Results
NiSource Inc. (NYSE:NI) continues to attract significant attention from numerous investment firms. This is evident in the increased stake and new stock acquisitions made by firms such as SG Americas Securities LLC, Forsta AP Fonden, Mizuho, Mutual of America Capital Management LLC, Wealth Enhancement Advisory Services LLC, Envestnet Portfolio Solutions Inc., Private Advisor Group LLC, Nordea Investment Management AB, BNP Paribas Financial Markets, Tokio Marine Asset Management Co. Ltd., Sumitomo Mitsui Trust Holdings Inc., Diversify Advisory Services LLC, First Trust Direct Indexing L.P., Van ECK Associates Corp., and International Assets Investment Management LLC. Despite some concerns over NiSource's balance sheet, the company's Q4 earnings surpassed expectations, helping drive the stock to a new 52-week high. Moreover, NiSource earned recognition as one of the most trusted utility brands of 2024, showcasing its solid brand trust and customer loyalty. The company has also demonstrated its commitment to sustainable practices through its 2024 ESG Report. NiSource announced its 2024 first-quarter results and declared common stock dividends. Leadership changes in Indiana, a minor adjustment to executives' compensation packages, and some departures were also reported. NiSource's future prospects look promising.

Nisource NI News Analytics from Mon, 25 Jun 2018 12:13:19 GMT to Sun, 14 Jul 2024 19:01:57 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 5

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