Envestnet Asset Management Inc. reduced its stake in NiSource, Inc. (NYSE:NI) by 16.5% in the third quarter, selling over 102,000 shares. Despite this, NiSource’s institutional ownership is around 91.6%, with several other firms increasing their positions. The company reported strong Q3 earnings, beating expectations, raised its quarterly dividend, and provided positive FY2026 guidance.
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Envestnet Asset Management Inc. Decreases Stock Position in NiSource, Inc $NI
Envestnet Asset Management Inc. reduced its stake in NiSource, Inc. (NYSE:NI) by 16.5% in the third quarter, selling over 102,000 shares. Despite this, NiSource’s institutional ownership is around 91.6%, with several other firms increasing their positions. The company reported strong Q3 earnings, beating expectations, raised its quarterly dividend, and provided positive FY2026 guidance.