NINYSEElectric & Other Services CombinedFiscal year ends December 31
NISOURCE INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$41.95−0.73 (-1.71%)
Close on Oct 19, 2026
- Market cap
- $20.19B
- P/E (TTM)
- 22.2
- Dividend yield
- 2.67%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
96.4%
462M of 480M shares
Institutional holders
913
105 new, 69 sold out
Net institutional buying
8M
In Q2 2026
Insider trades, 12 months
0 buys · 8 sales
Net sold $4.85M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 47,256,914 | 10.50% | 13G (passive) amendment | Aug 31, 2024 |
| Vanguard Capital Management | 36,215,860 | 7.55% | 13G (passive) | Mar 31, 2026 |
| T. Rowe Price Investment Management, Inc. | 29,893,604 | 6.20% | 13G (passive) amendment | Jun 30, 2026 |
| Vanguard Portfolio Management | 27,038,810 | 5.64% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 23,762,068 | 5.00% | 13G (passive) | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 54,957,602 | 11.46% | $2.61B | +3,482,756 | 0.04% |
| Vanguard Capital Management LLC | 31,351,094 | 6.54% | $1.49B | +208,299 | 0.03% |
| T. Rowe Price Investment Management, Inc. | 29,835,011 | 6.22% | $1.42M | −19,980,004 | 0.93% |
| State Street Corp | 27,622,784 | 5.76% | $1.31B | +520,362 | 0.04% |
| Vanguard Portfolio Management LLC | 27,067,956 | 5.64% | $1.29B | +87,001 | 0.06% |
| Geode Capital Management, LLC | 12,920,034 | 2.69% | $611.92M | +306,858 | 0.03% |
| Deutsche Bank AG\ | 12,077,706 | 2.52% | $574.29M | +359,630 | 0.17% |
| FMR LLC | 10,170,078 | 2.12% | $483.59M | +945,925 | 0.02% |
| Jennison Associates LLC | 9,235,389 | 1.93% | $439.14M | +13,829 | 0.26% |
| Invesco Ltd. | 7,790,163 | 1.62% | $370.42M | −1,464 | 0.03% |
| Norges Bank | 7,789,733 | 1.62% | $370.40M | New | 0.04% |
| JPMorgan Chase & Co | 6,963,215 | 1.45% | $335.28M | −1,600,418 | 0.02% |
| Franklin Resources Inc | 5,927,229 | 1.24% | $281.84M | −59,160 | 0.06% |
| Morgan Stanley | 5,583,433 | 1.16% | $265.49M | +102,050 | 0.01% |
| Newport Trust Company, LLC | 5,416,323 | 1.13% | $257.55M | −180,909 | 0.62% |
| Pictet Asset Management Holding SA | 5,001,382 | 1.04% | $237.82M | +189,458 | 0.23% |
| Cohen & Steers, Inc. | 4,943,589 | 1.03% | $235.07K | +245,616 | 0.37% |
| Charles Schwab Investment Management Inc | 4,515,728 | 0.94% | $214.72M | +43,097 | 0.03% |
| Soroban Capital Partners LP | 4,493,353 | 0.94% | $213.66M | – | 0.45% |
| Northern Trust Corp | 4,422,988 | 0.92% | $210.31M | +168,057 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 913 | 462M | 96.4% | 105 / 400 | 247 / 69 | 47M | 38M |
| Q1 2026 | 884 | 455M | 94.9% | 127 / 340 | 260 / 64 | 89M | 71M |
| Q4 2025 | 835 | 500M | 100.0% | 121 / 310 | 259 / 57 | 83M | 36M |
| Q3 2025 | 785 | 454M | 94.6% | 100 / 272 | 271 / 77 | 39M | 44M |
| Q2 2025 | 774 | 459M | 95.7% | 73 / 328 | 251 / 85 | 46M | 31M |
| Q1 2025 | 797 | 447M | 93.1% | 131 / 298 | 238 / 58 | 41M | 44M |
| Q4 2024 | 735 | 452M | 94.2% | 118 / 275 | 229 / 59 | 45M | 52M |
| Q3 2024 | 686 | 459M | 95.8% | 105 / 237 | 233 / 51 | 88M | 31M |
| Q2 2024 | 637 | 446M | 92.9% | 67 / 259 | 202 / 54 | 47M | 42M |
| Q1 2024 | 633 | 442M | 92.1% | 83 / 258 | 188 / 51 | 62M | 38M |
| Q4 2023 | 610 | 418M | 87.1% | 99 / 225 | 203 / 59 | 60M | 35M |
| Q3 2023 | 584 | 393M | 82.0% | 69 / 214 | 192 / 46 | 40M | 34M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NI | Value | % of fund | As of |
|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Fund | 17,609,959 | 3.67% | $837.35M | 1.19% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 15,224,394 | 3.17% | $723.92M | 0.03% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 12,425,061 | 2.59% | $590.81M | 0.04% | Jun 30, 2026 |
| State Street(R) Utilities Select Sector SPDR(R) ETF | 7,801,484 | 1.63% | $370.96M | 1.61% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 6,595,267 | 1.38% | $313.60M | 0.04% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 6,123,818 | 1.28% | $283.04M | 0.03% | May 31, 2026 |
| Franklin Utilities Fund | 5,650,000 | 1.18% | $268.66M | 3.51% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 5,495,186 | 1.15% | $261.30M | 0.14% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 5,193,427 | 1.08% | $246.95M | 0.11% | Jun 30, 2026 |
| JNL/T. Rowe Price Capital Appreciation Fund | 4,314,383 | 0.90% | $205.15M | 1.34% | Jun 30, 2026 |
| iShares Select Dividend ETF | 4,232,257 | 0.88% | $188.04M | 0.80% | Jul 31, 2026 |
| Invesco S&P 500 Equal Weight ETF | 3,996,386 | 0.83% | $177.56M | 0.18% | Jul 31, 2026 |
| T. Rowe Price Capital Appreciation Equity ETF | 3,765,464 | 0.79% | $179.05M | 2.42% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 3,482,581 | 0.73% | $165.60M | 0.24% | Jun 30, 2026 |
| Vanguard Utilities Index Fund | 3,321,556 | 0.69% | $153.52M | 1.45% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Lloyd M. Yates | Director and President & CEO | 519,557 | 0.11% | May 26, 2026 |
| Melody Birmingham | EVP & Grp President, Utilities | 78,527 | 0.02% | Aug 18, 2026 |
| Melanie B. Berman | EVP Administration & CHRO | 35,990 | 0.01% | May 27, 2026 |
| Shawn Anderson | EVP & CFO | 165,913 | 0.03% | Mar 3, 2026 |
| Michael Luhrs | EVP, Tech, Customer & CCO | 151,375 | 0.03% | Mar 3, 2026 |
| William Jefferson Jr. | EVP, Chief Op & Safety Officer | 98,375 | 0.02% | Mar 3, 2026 |
| Kimberly S. Cuccia | EVP, GC & Corporate Secretary | 66,593 | 0.01% | Mar 3, 2026 |
| Gunnar Gode | SVP Chief Accting&Tax Officer | 33,775 | 0.01% | Mar 3, 2026 |
| Melody Birmingham | EVP & Grp President, Utilities | 113,620 | 0.02% | Mar 4, 2025 |
| Michael E. Jesanis | Director | 82,890 | 0.02% | Jul 15, 2026 |
| Peter Altabef | Director | 56,615 | 0.01% | May 13, 2026 |
| Deborah A. Henretta | Director | 77,152 | 0.02% | May 13, 2026 |
| Sondra L. Barbour | Director | 29,197 | 0.01% | May 13, 2026 |
| Kevin T. Kabat | Director | 66,456 | 0.01% | May 13, 2026 |
| Eric L. Butler | Director | 67,692 | 0.01% | May 13, 2026 |
| William D. Johnson | Director | 28,431 | 0.01% | May 13, 2026 |
| John McAvoy | Director | 15,777 | 0.00% | May 13, 2026 |
| Theodore H. Bunting JR | Director | 49,932 | 0.01% | May 13, 2026 |
| Deborah Hersman | Director | 47,200 | 0.01% | May 13, 2026 |
| Cassandra S. Lee | Director | 28,974 | 0.01% | May 13, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Melody Birmingham EVP & Grp President, Utilities | Aug 14, 2026 | Sale | −37,509.17 | $42.40 | $1.59M | 78,527 |
| Michael E. Jesanis Director | Jul 13, 2026 | Other | +30,189.57 | – | – | 52,701 |
| Melanie B. Berman EVP Administration & CHRO | May 22, 2026 | Sale | −15,000 | $47.68 | $715.20K | 35,990 |
| Lloyd M. Yates Director and President & CEO | May 21, 2026 | Sale | −19,905 | $47.73 | $950.07K | 519,557 |
| Melody Birmingham EVP & Grp President, Utilities | May 20, 2026 | Sale | −2,500 | $47.43 | $118.58K | 116,036 |
| Melody Birmingham EVP & Grp President, Utilities | May 14, 2026 | Sale | −10,000 | $47.19 | $471.90K | 117,899 |
| William D. Johnson Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 28,431 |
| John McAvoy Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 15,777 |
| Sondra L. Barbour Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 29,197 |
| Deborah Hersman Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 47,200 |
| Deborah A. Henretta Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 77,152 |
| Peter Altabef Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 56,615 |
| Eric L. Butler Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 67,692 |
| Michael E. Jesanis Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 22,482 |
| Cassandra S. Lee Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 28,974 |
| Theodore H. Bunting JR Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 49,932 |
| Kevin T. Kabat Director | May 11, 2026 | Award | +3,807 | $47.03 | $179.04K | 66,456 |
| Kimberly S. Cuccia EVP, GC & Corporate Secretary | Feb 27, 2026 | Tax withholding | −3,093 | $47.30 | $146.30K | 62,726 |
| Kimberly S. Cuccia EVP, GC & Corporate Secretary | Feb 27, 2026 | Award | +30,744 | $47.30 | $1.45M | 77,928 |
| Kimberly S. Cuccia EVP, GC & Corporate Secretary | Feb 27, 2026 | Tax withholding | −12,109 | $47.30 | $572.76K | 65,819 |
| William Jefferson Jr. EVP, Chief Op & Safety Officer | Feb 27, 2026 | Tax withholding | −3,478 | $47.30 | $164.51K | 98,375 |
| William Jefferson Jr. EVP, Chief Op & Safety Officer | Feb 27, 2026 | Tax withholding | −25,504 | $47.30 | $1.21M | 101,853 |
| William Jefferson Jr. EVP, Chief Op & Safety Officer | Feb 27, 2026 | Award | +60,623 | $47.30 | $2.87M | 127,357 |
| Lloyd M. Yates Director and President & CEO | Feb 27, 2026 | Tax withholding | −15,433 | $47.30 | $729.98K | 539,292 |
| Lloyd M. Yates Director and President & CEO | Feb 27, 2026 | Award | +275,962 | $47.30 | $13.05M | 672,010 |
| Lloyd M. Yates Director and President & CEO | Feb 27, 2026 | Tax withholding | −117,285 | $47.30 | $5.55M | 554,725 |
| Melody Birmingham EVP & Grp President, Utilities | Feb 27, 2026 | Tax withholding | −4,108 | $47.30 | $194.31K | 127,899 |
| Melody Birmingham EVP & Grp President, Utilities | Feb 27, 2026 | Tax withholding | −30,427 | $47.30 | $1.44M | 132,007 |
| Melody Birmingham EVP & Grp President, Utilities | Feb 27, 2026 | Award | +71,094 | $47.30 | $3.36M | 162,434 |
| Michael Luhrs EVP, Tech, Customer & CCO | Feb 27, 2026 | Award | +61,811 | $47.30 | $2.92M | 151,375 |
| Michael Luhrs EVP, Tech, Customer & CCO | Feb 27, 2026 | Tax withholding | −27,569 | $47.30 | $1.30M | 123,806 |
| Michael Luhrs EVP, Tech, Customer & CCO | Feb 27, 2026 | Tax withholding | −3,628 | $47.30 | $171.60K | 120,178 |
| Shawn Anderson EVP & CFO | Feb 27, 2026 | Tax withholding | −4,414 | $47.30 | $208.78K | 165,101 |
| Shawn Anderson EVP & CFO | Feb 27, 2026 | Tax withholding | −10,056 | $47.30 | $475.65K | 169,515 |
| Shawn Anderson EVP & CFO | Feb 27, 2026 | Award | +32,551 | $47.30 | $1.54M | 169,393 |
| Shawn Anderson EVP & CFO | Feb 27, 2026 | Award | +23,883 | $47.30 | $1.13M | 193,276 |
| Shawn Anderson EVP & CFO | Feb 27, 2026 | Tax withholding | −13,705 | $47.30 | $648.25K | 179,571 |
| Melanie B. Berman EVP Administration & CHRO | Feb 27, 2026 | Tax withholding | −3,166 | $47.30 | $149.75K | 50,990 |
| Melanie B. Berman EVP Administration & CHRO | Feb 27, 2026 | Award | +31,466 | $47.30 | $1.49M | 65,829 |
| Melanie B. Berman EVP Administration & CHRO | Feb 27, 2026 | Tax withholding | −11,673 | $47.30 | $552.13K | 54,156 |
| Gunnar Gode SVP Chief Accting&Tax Officer | Feb 27, 2026 | Tax withholding | −1,902 | $47.30 | $89.96K | 33,775 |
| Gunnar Gode SVP Chief Accting&Tax Officer | Feb 27, 2026 | Tax withholding | −667 | $47.30 | $31.55K | 33,108 |
| Gunnar Gode SVP Chief Accting&Tax Officer | Feb 27, 2026 | Award | +6,420 | $47.30 | $303.67K | 35,677 |
| Gunnar Gode SVP Chief Accting&Tax Officer | Feb 18, 2026 | Sale | −2,175 | $46.00 | $100.05K | 29,257 |
| Shawn Anderson EVP & CFO | Feb 13, 2026 | Sale(10b5-1 plan) | −12,500 | $45.01 | $562.63K | 136,302 |
| Shawn Anderson EVP & CFO | Jan 26, 2026 | Tax withholding | −7,839 | $43.91 | $344.21K | 148,802 |
| Lloyd M. Yates Director and President & CEO | Jan 22, 2026 | Award | +43,658 | $43.52 | $1.90M | 395,950 |
| Michael Luhrs EVP, Tech, Customer & CCO | Jan 22, 2026 | Tax withholding | −5,393 | $43.52 | $234.70K | 89,564 |
| William Jefferson Jr. EVP, Chief Op & Safety Officer | Jan 21, 2026 | Award | +6,851 | $43.79 | $300.01K | 66,734 |
| Melody Birmingham EVP & Grp President, Utilities | Jan 21, 2026 | Award | +7,308 | $43.79 | $320.02K | 90,985 |
| Melanie B. Berman EVP Administration & CHRO | Jan 21, 2026 | Award | +5,481 | $43.79 | $240.01K | 34,363 |
| Kimberly S. Cuccia EVP, GC & Corporate Secretary | Jan 21, 2026 | Award | +5,937 | $43.79 | $259.98K | 47,184 |
| Gunnar Gode SVP Chief Accting&Tax Officer | Jan 21, 2026 | Award | +1,702 | $43.79 | $74.53K | 31,432 |
| Shawn Anderson EVP & CFO | Jan 21, 2026 | Award | +8,449 | $43.79 | $369.98K | 156,641 |
| Michael Luhrs EVP, Tech, Customer & CCO | Jan 21, 2026 | Award | +6,851 | $43.79 | $300.01K | 94,957 |
| Kimberly S. Cuccia EVP, GC & Corporate Secretary | Nov 25, 2025 | Sale | −8,000 | $43.13 | $345.04K | 41,247 |
| Shawn Anderson EVP & CFO | Aug 28, 2025 | Sale(10b5-1 plan) | −11,115 | $42.33 | $470.50K | 147,777 |
| Gunnar Gode SVP Chief Accting&Tax Officer | Aug 11, 2025 | Award | +605 | $42.15 | $25.50K | 29,730 |
| Melanie B. Berman EVP Administration & CHRO | May 30, 2025 | Sale | −6,227 | $39.43 | $245.53K | 28,882 |
| Lloyd M. Yates Director and President & CEO | May 16, 2025 | Sale | −16,127 | $38.93 | $627.82K | 351,748 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Melody Birmingham Officer | Aug 14, 2026 | 37,510 | $1.59M | Aug 14, 2026 | Restricted Stock Vesting |
| Melanie B. Berman Officer | May 22, 2026 | 15,000 | $715.27K | May 22, 2026 | Restricted Stock Vesting |
| Lloyd M. Yates Officer | May 21, 2026 | 19,905 | $950.09K | May 21, 2026 | Restricted Stock Vesting |
| Melody Birmingham Officer | May 20, 2026 | 2,500 | $118.58K | May 20, 2026 | Restricted Stock Vesting |
| Melody Birmingham Officer | May 14, 2026 | 10,000 | $471.85K | May 14, 2026 | Restricted Stock Vesting |
| Gunnar Gode Officer | Feb 18, 2026 | 2,175 | $100.05K | Feb 18, 2026 | Restricted Stock Vesting |
| Shawn Anderson Officer | Feb 13, 2026 | 12,500 | $562.63K | Feb 13, 2026 | Restricted Stock Vesting |
| Kimberly S. Cuccia Officer | Nov 25, 2025 | 8,000 | $345.04K | Nov 25, 2025 | Restricted Stock Vesting |
| Shawn Anderson Officer | Aug 28, 2025 | 11,115 | $470.50K | Aug 28, 2025 | Restricted Stock Vesting |
| Melanie B. Berman Officer | May 30, 2025 | 6,227 | $245.50K | May 30, 2025 | Restricted Stock Vesting |
| Lloyd M. Yates Officer, Director | May 16, 2025 | 16,127 | $627.84K | May 16, 2025 | Restricted Stock Vesting |
| Michael E. Jesanis Director | May 14, 2025 | 6,178 | $233.59K | May 14, 2025 | Restricted Stock Vesting |
| Michael E. Jesanis Director | May 13, 2025 | 4,000 | $152.88K | May 13, 2025 | Restricted Stock Vesting |
| Shawn Anderson Officer | Mar 3, 2025 | 12,900 | $526.19K | Mar 3, 2025 | Restricted Stock Vesting |
| Gunnar Gode Officer | Feb 14, 2025 | 5,500 | $219.56K | Feb 14, 2025 | Restricted Stock Vesting |