Korea Investment CORP Has $11.16 Million Stock Position in NiSource, Inc $NI

NodeGuardian · 2026-03-14T02:05:34+00:00

Korea Investment CORP cut its NiSource, Inc. stake by 34.7%, now holding 257,761 shares worth $11.16 million. Despite this, NiSource maintains a "Moderate Buy" rating and has increased its dividend following strong earnings.

NodeGuardian

2026-03-14 02:05:34

Abstract generation in progress

Korea Investment CORP has reduced its stake in NiSource, Inc. (NYSE:NI) by 34.7% in the third quarter, holding 257,761 shares valued at $11.16 million. Despite this reduction, NiSource remains a utility provider with 91.64% institutional ownership and a “Moderate Buy” consensus rating from analysts, who have an average price target of $47.20. The company recently reported strong earnings, exceeding analyst estimates, and increased its quarterly dividend to $0.30 per share.

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