Black Hills (NYSE:BKH) Stock Unloaded Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain sold shares of Black Hills Corporation (NYSE:BKH) worth between $1,001 and $15,000 on June 17th, disclosed in a filing on August 13th.
• Black Hills recently announced a quarterly dividend of $0.676, which will be paid on September 2nd, representing an annualized yield of 4.5%.
• Analysts have recently upgraded Black Hills' rating from "underperform" to "neutral," with a new price target of $64.00 and a consensus rating of "Hold."

Representative Lisa C. McClain (R-Michigan) recently sold shares of Black Hills Corporation NYSE: BKH. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Black Hills stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Black Hills Price Performance

Black Hills stock traded down $0.6460 during trading hours on Monday, hitting $60.3940. The stock had a trading volume of 241,035 shares, compared to its average volume of 544,141. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.64 and a quick ratio of 0.49. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of 15.22, a PEG ratio of 2.83 and a beta of 0.71. Black Hills Corporation has a 1-year low of $54.92 and a 1-year high of $65.59. The stock's fifty day moving average is $57.82 and its two-hundred day moving average is $58.83.

Black Hills (NYSE:BKH - Get Free Report) last posted its earnings results on Wednesday, July 30th. The utilities provider reported $0.38 earnings per share for the quarter, meeting the consensus estimate of $0.38. The company had revenue of $439.00 million for the quarter, compared to analyst estimates of $412.69 million. Black Hills had a return on equity of 7.81% and a net margin of 12.68%.Black Hills's revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 earnings per share. Black Hills has set its FY 2025 guidance at 4.000-4.200 EPS. As a group, analysts predict that Black Hills Corporation will post 4.12 earnings per share for the current fiscal year.

Black Hills Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be issued a $0.676 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $2.70 annualized dividend and a yield of 4.5%. Black Hills's dividend payout ratio is 68.01%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on BKH. Bank of America raised Black Hills from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $57.00 to $64.00 in a research note on Wednesday, August 20th. BMO Capital Markets assumed coverage on Black Hills in a research note on Tuesday, May 13th. They set an "outperform" rating and a $68.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Black Hills has an average rating of "Hold" and a consensus price target of $66.00.

Hedge Funds Weigh In On Black Hills

A number of large investors have recently modified their holdings of the company. State of Wyoming raised its holdings in shares of Black Hills by 455.4% in the 2nd quarter. State of Wyoming now owns 5,382 shares of the utilities provider's stock worth $302,000 after purchasing an additional 4,413 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Black Hills by 44.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,037 shares of the utilities provider's stock worth $58,000 after purchasing an additional 317 shares during the period. Rexford Capital Inc. purchased a new position in shares of Black Hills in the 2nd quarter worth about $205,000. Tower Research Capital LLC TRC raised its holdings in shares of Black Hills by 75.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,718 shares of the utilities provider's stock worth $433,000 after purchasing an additional 3,319 shares during the period. Finally, Corient Private Wealth LLC purchased a new position in shares of Black Hills in the 2nd quarter worth about $253,000. 86.71% of the stock is currently owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Black Hills

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines.