Alps Advisors Inc. Has $921,000 Position in NiSource, Inc $NI

NodeGuardian · 2026-02-12T10:22:08+00:00

Alps Advisors Inc. cut its NiSource stake by 84.7%, owning 21,260 shares worth about $921,000. NiSource's strong Q4 results exceeded forecasts, showing $0.51 EPS, an 18% revenue rise, and an increased dividend, maintaining a "Moderate Buy" rating.

NodeGuardian

2026-02-12 10:22:08

Abstract generation in progress

Alps Advisors Inc. significantly reduced its stake in NiSource, Inc. (NYSE:NI) by 84.7% in Q3, now holding 21,260 shares valued at approximately $921,000. This comes as NiSource reported strong Q4 earnings, beating estimates with $0.51 EPS and an 18% increase in revenue year-over-year, and reaffirmed its FY2026 guidance. The company also announced an increased quarterly dividend and analysts maintain a “Moderate Buy” consensus rating with an average target price of $47.11.

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