Rep. Lisa C. McClain Sells Off Shares of Black Hills Corporation (NYSE:BKH)

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 Trading Up 2.1%

NYSE BKH opened at $60.9510 on Friday. The firm has a 50 day simple moving average of $57.82 and a 200-day simple moving average of $58.85. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.49 and a current ratio of 0.64. Black Hills Corporation has a one year low of $54.92 and a one year high of $65.59. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 15.35, a PEG ratio of 2.77 and a beta of 0.71.

Black Hills (NYSE:BKH) last posted its quarterly earnings data on Wednesday, July 30th. The utilities provider reported $0.38 EPS for the quarter, meeting the consensus estimate of $0.38. Black Hills had a net margin of 12.68% and a return on equity of 7.81%. The business had revenue of $439.00 million during the quarter, compared to analyst estimates of $412.69 million. During the same quarter last year, the firm posted $0.33 earnings per share. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. Black Hills has set its FY 2025 guidance at 4.000-4.200 EPS. Equities research analysts anticipate that Black Hills Corporation will post 4.12 EPS for the current fiscal year.

Black Hills Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be paid a $0.676 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $2.70 annualized dividend and a dividend yield of 4.4%. Black Hills’s dividend payout ratio (DPR) is presently 68.01%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on BKH shares. Bank of America raised shares of Black Hills from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $57.00 to $64.00 in a research note on Wednesday. BMO Capital Markets started coverage on shares of Black Hills in a research note on Tuesday, May 13th. They issued an “outperform” rating and a $68.00 price objective for the company. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $66.00.

Institutional Trading of Black Hills

Several institutional investors have recently modified their holdings of BKH. Nuveen LLC purchased a new stake in shares of Black Hills during the 1st quarter worth approximately $43,690,000. First Trust Advisors LP increased its holdings in shares of Black Hills by 309.5% in the 4th quarter. First Trust Advisors LP now owns 953,431 shares of the utilities provider’s stock valued at $55,795,000 after acquiring an additional 720,628 shares during the period. Franklin Resources Inc. increased its holdings in shares of Black Hills by 59.3% in the 2nd quarter. Franklin Resources Inc. now owns 1,045,165 shares of the utilities provider’s stock valued at $58,634,000 after acquiring an additional 388,936 shares during the period. Bank of America Corp DE increased its holdings in shares of Black Hills by 203.6% in the 4th quarter. Bank of America Corp DE now owns 507,986 shares of the utilities provider’s stock valued at $29,727,000 after acquiring an additional 340,686 shares during the period. Finally, Capital Research Global Investors increased its holdings in shares of Black Hills by 21.5% in the 4th quarter. Capital Research Global Investors now owns 1,845,088 shares of the utilities provider’s stock valued at $107,975,000 after acquiring an additional 326,959 shares during the period. Hedge funds and other institutional investors own 86.71% of the company’s stock.

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.

Black Hills Company Profile

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.