Phocas Financial Corp. Reduces Stock Holdings in Black Hills Corporation $BKH
Phocas Financial Corp. reduced its stake in Black Hills Corporation by 11.8% in Q4, selling over 20,000 shares, though it remains its 19th largest holding. Despite this reduction, institutional ownership in Black Hills is high at 86.71%, with several other hedge funds significantly increasing their positions. Black Hills also recently raised its quarterly dividend to $0.703 and received a "Moderate Buy" consensus rating from analysts with an average price target of $77.60.
Black Hills Corporation (NYSE:BKH) Given Consensus Recommendation of "Moderate Buy" by Brokerages
Black Hills Corporation (NYSE:BKH) has received a "Moderate Buy" consensus recommendation from six brokerages, with an average 1-year price target of $77.60. The company recently reported quarterly EPS slightly above expectations but missed revenue targets, while also raising its quarterly dividend to $0.703 and providing strong FY2026 EPS guidance. Several firms have recently raised their price targets for BKH, reflecting optimism about its performance and dividend payouts.
Black Hills’ proposed 25% rate increase depends on regulatory consent—Key driver for the utility’s dividend growth potential
Black Hills Corporation, a regulated utility with a 55-year history of dividend growth, is seeking a 25% rate increase in South Dakota, a key factor for its future earnings and investor returns. While the company is attractive to value investors due to its stable business model and consistent cash flows, the regulatory decision carries risk, as past requests have been significantly reduced. Investors are weighing the potential for increased earnings against the uncertainty of regulatory approval.
Deep Dive: Black Hills Corporation (BKH) – The Dividend King Powering the Silicon Prairie
Black Hills Corporation (NYSE: BKH) is undergoing a significant transformation following its $15.4 billion merger with NorthWestern Energy Group, positioning it as a major Western energy player. Historically known as a "Dividend King" for its consistent payouts, the company is now a focal point for investors due to its strategic growth in powering AI data centers in the "Silicon Prairie" and its extensive vertically integrated utility model. This deep dive explores BKH's history, business model, financial performance, and future opportunities, highlighting its resilience, growth prospects, and potential challenges in a rapidly evolving energy landscape.
Black Hills Corp. and NorthWestern Energy Shareholders Approve Merger Proposals
Shareholders of Black Hills Corp. and NorthWestern Energy Group, Inc. have approved the proposed all-stock merger, a significant step towards forming Bright Horizon Energy Corporation. This new entity will be a regional regulated energy company serving eight states, aiming for enhanced scale, financial strength, and growth opportunities. The merger is expected to close in the second half of 2026, pending regulatory approvals from federal and state authorities.
Black Hills, NorthWestern Energy shareholders approve merger By Investing.com
Shareholders of Black Hills Corp. (NYSE:BKH) and NorthWestern Energy Group Inc. (NASDAQ:NWE) have approved their all-stock merger, set to form Bright Horizon Energy Corporation serving eight states. The transaction, announced on August 19, 2025, remains subject to federal and state regulatory approvals and is expected to close in the second half of 2026. This approval comes as Black Hills recently reported Q4 2025 earnings below analyst expectations, while also pursuing a rate review and being noted for its critical infrastructure role in AI and data center expansion.
Two utilities clear shareholder vote to form Bright Horizon
Shareholders of Black Hills Corp. (BKH) and NorthWestern Energy (NWE) have approved an all-stock merger to form Bright Horizon Energy Corporation. This transaction, announced in August 2025, represents a significant milestone in combining the two utilities, which will serve customers across eight states. The merger is still subject to federal and state regulatory approvals and is expected to close in the second half of 2026.
Black Hills Corp. and NorthWestern Energy Shareholders Approve Merger Proposals
Shareholders of Black Hills Corp. (NYSE: BKH) and NorthWestern Energy (Nasdaq: NWE) have approved their proposed all-stock merger, marking a significant step toward forming Bright Horizon Energy Corporation. The combined entity will be a regional regulated energy company serving eight states. The merger still requires federal and state regulatory approvals and is anticipated to close in the second half of 2026.
BKH Initiated with a 'Buy' Rating by Ladenburg Thalmann | BKH St
Ladenburg Thalmann has initiated coverage on Black Hills (BKH) with a 'Buy' rating and a price target of $77.00 USD. This new rating comes during a period of positive analyst coverage for BKH, with other firms also maintaining positive outlooks and raising price targets. Wall Street analysts forecast an average target price of $81.25 for BKH, implying a 16.25% upside from its current price, while GuruFocus estimates a potential downside based on its GF Value.
Black Hills (NYSE:BKH) Earns Buy Rating from Analysts at LADENBURG THALM/SH SH
LADENBURG THALM/SH SH initiated coverage on Black Hills (NYSE:BKH) with a "Buy" rating and a $77 price target, indicating an 11.16% upside. The utilities provider already holds a consensus "Moderate Buy" rating among analysts, with a consensus price target of $77.60. Black Hills recently surpassed quarterly EPS expectations and provided strong FY2026 guidance, attracting increased institutional investor interest.
Assenagon Asset Management S.A. Takes $8.65 Million Position in Black Hills Corporation $BKH
Assenagon Asset Management S.A. has established a new position in Black Hills Corporation (NYSE: BKH), acquiring 124,539 shares valued at approximately $8.65 million. This investment represents about 0.17% ownership of the utilities provider. The article highlights Black Hills' financial performance, including beating quarterly EPS estimates, 6.4% revenue growth, and a raised quarterly dividend, alongside a "Moderate Buy" analyst consensus.
Black Hills (NYSE:BKH) Stock Price
The article provides a detailed stock analysis of Black Hills (NYSE:BKH), highlighting its current market cap of US$5.2 billion and its stock performance. It notes a fair value of US$81.25, suggesting the stock is 15.4% undervalued, and discusses the company's financial health, operational segments, and future growth drivers, including a major capital investment strategy. Key details like revenue, profit margin, and earnings per share are presented, along with an overview of its utility operations and competitive landscape.
Black Hills Corporation $BKH Shares Acquired by JPMorgan Chase & Co.
JPMorgan Chase & Co. significantly increased its stake in Black Hills Corporation (NYSE:BKH) by 67.7% in Q3, now owning 618,131 shares valued at $38.1 million. This increase comes as Black Hills reported strong Q3 earnings, issued positive FY2026 guidance, and raised its quarterly dividend. The company also holds a consensus "Moderate Buy" rating from analysts with an average price target of $77.75.
Linn Evans joins SDSTA Board of Directors
Linn Evans, president and CEO of Black Hills Corporation, has been appointed to the South Dakota Science and Technology Authority Board of Directors (SDSTA). This appointment was made by Larry Rhoden in late January. Evans brings extensive experience from his leadership roles at Black Hills Corporation and his legal background representing international mining companies.
Montana environmental group fears electricity rate increase with NorthWestern-Black Hills merger
An environmental group named 350 Montana is expressing concern over the proposed merger between NorthWestern Energy and Black Hills Energy, fearing it could lead to increased electricity rates for Montana residents. The group alleges that the Public Service Commission (PSC) has not been transparent enough and that the merger primarily benefits Artificial Intelligence data centers rather than everyday Montanans. They are pushing for a more thorough review and greater accountability from the PSC regarding the potential impact on ratepayers.
BKH SEC Filings - Black Hills 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides comprehensive access to Black Hills Corporation's SEC filings, including 10-K, 10-Q, and 8-K forms, alongside insider trading documents. It highlights recent financial events, merger agreements with NorthWestern Energy Group, Inc., and debt offerings, with AI-powered summaries for improved understanding. The platform also details insider transactions, earnings reports, and strategic plans like capital investments and data center initiatives.
BKH SEC Filings - Black Hills 10-K, 10-Q, 8-K Forms
This page provides access to Black Hills Corporation's SEC filings, including 10-K, 10-Q, and 8-K forms, enhanced with AI-powered summaries. Recent filings detail an officer's restricted stock grant, a Form 3 filing for an officer, a definitive all-stock merger agreement with NorthWestern Energy Group, and strong Q2 2025 financial results with rate hikes. The platform also offers data on BKH's stock price, market cap, and rankings.
Black Hills (BKH) earns buy rating from Siebert Williams with $82 target
Siebert Williams analyst Muhamed Ghulam upgraded Black Hills (BKH) stock from Hold to Buy and set a new price target of $82, indicating a potential upside of 14% from its current trading price. The upgrade reflects Ghulam's optimistic outlook on the company's future performance.
Black Hills (BKH) earns buy rating from Siebert Williams with $82 target
Siebert Williams has initiated coverage on Black Hills (BKH) stock with a Buy rating and set a price target of $82. This positive outlook follows an investor meeting, suggesting confidence in the utility company's prospects. Black Hills is a utility holding company serving customers in eight states.
Black Hills (BKH) Earns Buy Rating From Siebert Williams with $82 Target
Siebert Williams analyst Christopher Ellinghaus upgraded Black Hills Corporation (NYSE: BKH) to a Buy rating with an $82 price target, citing strong performance and strategic developments. The company's President, CEO, and Director, Linden Evans, highlighted Black Hills' 55th consecutive annual dividend raise (extending to 56 years in January 2026) and expressed strong support for the planned merger with NorthWestern Energy, which is expected to create a more competitive utility platform. The company also reported progress in regulatory reviews, key project approvals, and an expanded data center pipeline.
Black Hills (BKH) Earns Buy Rating From Siebert Williams with $82 Target
Siebert Williams analyst Christopher Ellinghaus upgraded Black Hills Corporation (NYSE:BKH) to a Buy rating with an $82 price target, citing the company's 55-year dividend increase streak and planned merger with NorthWestern Energy. CEO Linden Evans highlighted the benefits of the merger, aiming for a stronger utility platform, and discussed progress on regulatory approvals and significant expansion in the data center pipeline and transmission projects. Black Hills, a utility company serving 1.35 million customers across eight states, is recognized for its stable growth.
Black Hills Corporation (BKH): A Reliable Utility Powering Steady Dividend Growth
This article analyzes Black Hills Corporation (BKH), highlighting its stability as a regulated utility company. It emphasizes BKH's consistent dividend growth, attributed to its diverse operations in natural gas and electric utilities, and its strategic capital investments. The piece suggests BKH is an attractive option for income-focused investors looking for low-volatility returns.
Invenomic Capital Management LP Invests $19.61 Million in Black Hills Corporation $BKH
Invenomic Capital Management LP initiated a new position in Black Hills Corporation (NYSE:BKH) during the third quarter, acquiring 318,356 shares valued at approximately $19.61 million, representing about 0.44% of the company's stock. Black Hills recently increased its quarterly dividend to $0.703, resulting in an annualized dividend of $2.81 and a yield of 3.9%. The company reported strong Q4 2025 earnings, beating analyst EPS estimates, and has a "Moderate Buy" consensus rating from analysts with a target price of $77.75.
Crawford Investment Counsel Inc. Raises Holdings in Black Hills Corporation $BKH
Crawford Investment Counsel Inc. significantly increased its stake in Black Hills Corporation (NYSE:BKH) by 264.8% in the third quarter, now owning 447,651 shares valued at $27.57 million. Black Hills recently raised its quarterly dividend to $0.703 per share, resulting in an annualized dividend of $2.81 and a 3.9% yield. The company beat quarterly EPS estimates, provided positive FY2026 guidance, and holds a "Moderate Buy" consensus rating from analysts with an average target price of $77.75.
Black Hills Energy announces continuation of Funds for Firefighters grant project
Black Hills Energy has announced the continuation of its Funds for Firefighters grant project for the second consecutive year. The Black Hills Corporation Foundation will make $140,000 in grant funding available to volunteer fire departments within Black Hills Energy’s service territory to purchase essential firefighting equipment. The application period is open from March through April 10, with grant recipients to be notified in mid-May.
Black Hills (BKH) Stock Price, News & Analysis $BKH
Black Hills Corporation (BKH) is a diversified energy company providing electricity and natural gas services. The company's stock is currently trading at $72.40, has a "Moderate Buy" consensus rating from analysts, and a strong dividend yield of 3.88% with 55 years of consecutive increases. Recent news articles discuss its valuation, short interest, and performance, with analysts noting potential overvaluation due to CapEx and AI risk, despite its dividend strength and institutional ownership.
Black Hills Energy celebrates 260-mile Ready Wyoming transmission line expansion
Black Hills Energy has completed its 260-mile "Ready Wyoming" transmission line expansion, a $350 million investment connecting Wyoming and South Dakota's electric systems. The project, which took 15 years to plan and two years to construct, involved building three 230 KV lines, two 115 KV lines, and multiple substations. It aims to improve energy delivery, support Wyoming's diverse energy resources, and is expected to generate significant economic value and tax revenue for the state.
Black Hills Corporation (NYSE:BKH) Receives Consensus Rating of "Moderate Buy" from Brokerages
Black Hills Corporation has received a "Moderate Buy" consensus rating from five brokerages, with an average 12-month price target of $77.75. The company recently raised its quarterly dividend to $0.703, providing a 3.9% yield, and surpassed its quarterly EPS expectations while offering strong FY2026 guidance. Institutional investors have also been increasing their positions in the stock, reflecting growing confidence.
Black Hills Corporation Receives 'Moderate Buy' Rating from Analysts
Black Hills Corporation (NYSE:BKH) has received a 'Moderate Buy' consensus rating from five research firms, with an average 12-month price target of $77.75. This positive outlook follows an upgrade from Wall Street Zen and increased price targets from BMO Capital Markets and Siebert Williams Shank. The company also recently reported Q4 2025 earnings that exceeded analyst expectations, strengthening confidence in its operational and growth prospects.
Black Hills Energy issues Public Safety Power Shutoff warning for Southern Hills
Black Hills Energy has issued a Public Safety Power Shutoff (PSPS) warning for parts of the Southern Black Hills, including Hot Springs and Edgemont, Provo, and Ardmore, scheduled for noon to 5 p.m. on March 12. This precautionary measure is due to high fire danger conditions in the area. While downtown areas of Hot Springs and Edgemont are unlikely to be affected, customers will receive direct notifications if power cutoffs are necessary.
First Trust Advisors LP Cuts Stake in Black Hills Corporation $BKH
First Trust Advisors LP reduced its holdings in Black Hills Corporation by 2.5% in the third quarter, selling 22,123 shares to now own 870,973 shares valued at over $53 million. Despite this, other institutional investors have either added to or initiated new positions in Black Hills, indicating mixed sentiment. Black Hills recently announced an increased quarterly dividend of $0.703 per share and reported strong earnings, beating consensus estimates.
State regulators approve one electric rate increase, begin consideration for BH Energy $25 per month increase
South Dakota regulators approved an electric rate increase for Otter Tail Power, reducing the proposed $14.39 monthly increase to $8.95 for its 11,500 customers. Separately, the commission began reviewing Black Hills Energy's request for a $25 per month increase, citing infrastructure investments and inflation, with a potential six-month pause for review and a requirement for Black Hills Energy to pay up to $200,000 for the examination.
Orion Porfolio Solutions LLC Purchases New Position in Black Hills Corporation $BKH
Orion Portfolio Solutions LLC has acquired a new position in Black Hills Corporation, purchasing 39,501 shares valued at approximately $2.43 million, representing 0.05% of the company. Black Hills recently surpassed quarterly EPS expectations and increased its quarterly dividend to $0.703. The company holds a "Moderate Buy" consensus rating from analysts, with an average price target of $76.33.
Black Hills Energy Announces Continuation of Funds for Firefighters Grant Project
Black Hills Energy, through the Black Hills Corporation Foundation, is continuing its Funds for Firefighters program for the second consecutive year, offering $140,000 in grants to volunteer fire departments. These grants, up to $2,500 each, are intended for equipment purchases only and are available to departments within Black Hills Energy’s service territory. The application period runs from March 2 to April 10, 2026.
KUVR - Black Hills Energy announces continuation of Funds for Firefighters grant project
Black Hills Energy has announced the continuation of its Funds for Firefighters grant project for the second consecutive year. This initiative, managed by the Black Hills Corporation Foundation, provides financial support to volunteer fire departments in Black Hills Energy's service territory. This year, $140,000 is available for grants of up to $2,500, specifically for firefighting equipment.
Black Hills Corporation Foundation opens firefighter equipment grant applications
The Black Hills Corporation Foundation has opened applications for its Funds for Firefighters grant program, offering up to $2,500 to volunteer fire departments within Black Hills Energy’s service territory. A total of $140,000 in grant funding is available this year, an increase from the previous year. Eligible departments can apply online from March 2 to April 10 for funding specifically for firefighting equipment.
Black Hills Corporation $BKH Holdings Trimmed by Quantbot Technologies LP
Quantbot Technologies LP significantly reduced its stake in Black Hills Corporation, selling 74.9% of its holdings in Q3, now owning shares valued at $538,000. Despite this, other institutional investors increased their positions, and analysts maintain a "Moderate Buy" consensus. Black Hills reported strong Q4 earnings, beating estimates with $1.41 EPS, increased revenue by 6.4%, and raised its quarterly dividend to $0.703 per share.
Victory Capital Management Inc. Acquires 19,869 Shares of Black Hills Corporation $BKH
Victory Capital Management Inc. increased its stake in Black Hills Corporation, acquiring an additional 19,869 shares to own 727,443 shares valued at approximately $44.8 million. This acquisition brings their total ownership to about 1.00% of the company. Black Hills reported strong quarterly earnings, beating EPS estimates, and also announced an increase in its quarterly dividend to $0.703 per share, resulting in a 3.8% annual yield.
Segall Bryant & Hamill LLC Grows Holdings in Black Hills Corporation $BKH
Segall Bryant & Hamill LLC significantly increased its stake in Black Hills Corporation, doubling its holdings by 100.8% in the third quarter. This move is part of a broader trend of institutional investors, who now own approximately 86.7% of the utility provider's stock. Black Hills recently raised its quarterly dividend, reported strong earnings that beat estimates, and received several analyst upgrades, indicating a "Moderate Buy" consensus.
Black Hills Energy Highlights Progress Toward a Cleaner Energy Future in Newly Released Corporate Sustainability Report
Black Hills Energy released its 2022 Sustainability Report, detailing progress toward its Net Zero by 2035 climate goals and its significant economic and charitable contributions in Iowa. The report highlights $6.1 million in community support, a $1.34 billion direct economic impact, and nearly $9 million in energy efficiency rebates provided to customers. The company emphasizes its commitment to delivering cleaner energy, minimizing costs, and supporting the communities it serves.
US Bancorp DE Purchases 18,965 Shares of Black Hills Corporation $BKH
US Bancorp DE increased its stake in Black Hills Corporation (NYSE:BKH) by 164% in the third quarter, acquiring an additional 18,965 shares. Various other institutional investors also adjusted their positions in the utilities provider, indicating significant institutional interest. Analysts have mixed ratings on the stock, with a consensus of "Moderate Buy" and a target price of $76.33, while the company recently increased its quarterly dividend.
First Eagle Investment Management LLC Sells 18,791 Shares of Black Hills Corporation $BKH
First Eagle Investment Management LLC reduced its stake in Black Hills Corporation (NYSE:BKH) by 13.2% in the third quarter, selling 18,791 shares and now owning 123,670 shares valued at $7.62 million. While some hedge funds increased their positions, institutional investors collectively own 86.71% of the stock. Black Hills recently raised its quarterly dividend to $0.703 per share, resulting in a 3.8% dividend yield.
Black Hills, PowerWatch to Join WEIM in May
Black Hills Energy and PowerWatch are set to join CAISO's Western Energy Imbalance Market (WEIM) in May, expanding the market's reach into South Dakota. This move, announced by CAISO, will integrate the two entities into the real-time energy market. The article highlights the continuous expansion and evolution of the WEIM.
BKH Stock News Today | Earnings, Events & Price Alerts
This article provides recent news and event updates for Black Hills Corporation (BKH). Key highlights include the company's strong Q4 2025 earnings, reporting $635.5M in revenue, and strategic developments such as raising the FY26 EPS growth target to 6% and planning $4.7 billion in capital investment. The company also noted a significant data center pipeline exceeding 3 GW, with 600 MW in its five-year plan, driven by expansions from Microsoft and Meta.
JPMorgan Chase & Co. Acquires 249,640 Shares of Black Hills Corporation $BKH
JPMorgan Chase & Co. significantly increased its stake in Black Hills Corporation, acquiring an additional 249,640 shares, bringing its total to 618,131 shares valued at over $38 million. Black Hills reported strong Q3 earnings, beating EPS estimates, and increased its quarterly dividend. The company maintains a "Moderate Buy" consensus rating from analysts, with institutional investors holding a substantial portion of its stock.
Vanguard Group Inc. Has $553.75 Million Stake in Black Hills Corporation $BKH
Vanguard Group Inc. significantly increased its stake in Black Hills Corporation (NYSE:BKH) during the third quarter, now owning 12.34% of the company's shares, valued at approximately $553.75 million. This increase follows Black Hills' strong earnings performance, beating analyst expectations, and a raised quarterly dividend. Analysts currently have a "Moderate Buy" consensus rating for Black Hills, with an average target price of $76.33.
Greenland Capital Management LP Has $1.82 Million Stake in Black Hills Corporation $BKH
Greenland Capital Management LP significantly increased its stake in Black Hills Corporation, now owning 29,573 shares valued at $1.82 million. Black Hills also reported strong quarterly earnings, beating expectations, and raised its quarterly dividend. The company's stock shows positive price performance and has received a "Moderate Buy" average rating from analysts.
Barnett & Company Inc. Grows Position in Black Hills Corporation $BKH
Barnett & Company Inc. significantly increased its stake in Black Hills Corporation (NYSE:BKH) by 105.8% in Q3, now holding 28,400 shares valued at $1.749 million. Black Hills reported strong quarterly earnings, beating expectations with $1.41 EPS and a 6.4% revenue increase, and raised its quarterly dividend to $0.703, offering a 3.8% yield. The company holds a "Moderate Buy" consensus rating from analysts, with institutional investors owning about 86.7% of the stock.
HighTower Advisors LLC Purchases 14,144 Shares of Black Hills Corporation $BKH
HighTower Advisors LLC increased its stake in Black Hills Corporation by 8.2% to 187,539 shares, valued at approximately $11.55 million, indicating significant institutional interest in the utility provider. This comes as Black Hills beat its recent quarterly earnings estimates and raised its quarterly dividend, setting a positive outlook for FY2026. Analyst sentiment for BKH is mixed but leans positive, with several firms raising price targets and a consensus "Moderate Buy" rating from MarketBeat.
Black Hills Corp seeks $50.6 million in new revenue from SD rate review
Black Hills Corp. has applied to the South Dakota Public Utilities Commission for a $50.6 million annual revenue increase to cover infrastructure investments and operational costs for its electric utility services. This request follows approximately $523 million in investments since 2014, aimed at strengthening the electric grid and reducing wildfire risks for its 75,000 South Dakota customers. The company expects interim rates to begin 180 days after filing, with final rates determined in Q1 2027, marking its first base rate increase for South Dakota electric customers in over a decade if approved.
