Black Hills Corp
BKH- Exchange
- NYSE
- Industry
- Electric Services
- SEC CIK
- 0001130464
No open-market purchases or sales by Black Hills Corp insiders were filed in the last 90 days; 479 institutions reported holding it in 13F filings for Q2 2026, worth $5.83B in total; no superinvestor holds it.
Key figures
- Market capClose on Nov 13, 2026
- $6.63B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsOpen market, last 90 days
- 0
- 13F holdersQ2 2026, +7 vs. previous quarter
- 479
- 13F valueReported value at the end of Q2 2026
- $5.83B
- Superinvestors holdingAt the end of Q2 2026
- 0
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $2.31B
- +8.6% year over year
- Net income, FY2025
- $291.6M
- +6.8% year over year
- Free cash flow, FY2025
- -$146.4M
- No comparable prior period
- Revenue, Q3 FY2026
- $466.1M
- +8.3% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 12.8M
- Shares sold short
- Change
- +759.3K
- +6.3% vs. previous
- Days to cover
- 11.05
- At average daily volume
Superinvestors holding BKH, Q2 2026
Go to the superinvestors tabNo superinvestor reported holding BKH at the end of Q2 2026.
Latest insider trades
See all insider tradesOpen-market purchases and sales by Black Hills Corp insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| May 28, 2026 (view filing) | May 27 | 1 day | Otto Robert PDirector | SSale | −4.11K | $74.22 | −$305.0K | −27.4%10.9K after | |
| Nov 12, 2025 (view filing) | Nov 10 | 2 days | Nooney Kimberly FSVP & CFO | SSale | −14.5K | $70.70 | −$1.03M | −29.5%34.6K after | |
| Jun 3, 2024 (view filing) | May 30 | 4 days | Roberts Rebecca BDirector | SSale | −3.09K | $54.85 | −$169.7K | −28.0%7.96K after | 10 lots |
| May 9, 2023 (view filing) | May 8 | 1 day | Kinzley RichardSr VP & CFO | SSale | −10.0K | $65.49 | −$657.1K | −21.5%36.6K after | |
| May 23, 2022 (view filing) | May 20 | 3 days | Roberts Rebecca BDirector | SSale | −500 | $73.62 | −$36.8K | −7.2%6.44K after | |
| Aug 4, 2021 (view filing) | Aug 4 | Same day | Wevik Stuart ASr VP - Utility Operations | SSale | −1.00K | $70.00 | −$70.0K | −4.2%22.8K after | |
| Jul 19, 2021 (view filing) | Jul 16 | 3 days | Wevik Stuart ASr VP - Utility Operations | SSale | −2.00K | $68.54 | −$137.1K | −7.8%23.8K after | 2 lots |
| Jul 15, 2021 (view filing) | Jul 14 | 1 day | Wevik Stuart ASr VP - Utility Operations | SSale | −1.00K | $67.00 | −$67.0K | −3.7%25.8K after |
Top 10 13F holders, Q2 2026
See all 479 holdersThe largest institutional positions in Black Hills Corp at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 12,482,189 | $928.7M | 0.01% | +352,531+2.9% | Added |
| Vanguard Portfolio Management LLC | 5,141,103 | $382.5M | 0.02% | +101,233+2.0% | Added |
| State Street Corp | 3,819,510 | $284.2M | 0.01% | +198,954+5.5% | Added |
| Vanguard Capital Management LLC | 3,428,442 | $255.1M | 0.01% | +58,854+1.7% | Added |
| Nomura Asset Management International Inc. | 2,496,967 | $185.8M | 0.28% | −182,225−6.8% | Reduced |
| AQR Capital Management LLC | 2,232,003 | $166.1M | 0.06% | +636,408+39.9% | Added |
| Point72 Asset Management, L.P. | 2,161,197 | $160.8M | 0.25% | +217,982+11.2% | Added |
| Geode Capital Management, LLC | 2,131,386 | $158.6M | 0.01% | +136,571+6.8% | Added |
| Franklin Resources Inc | 1,963,191 | $146.1M | 0.03% | +386,820+24.5% | Added |
| Capital Research Global Investors | 1,825,961 | $135.9M | 0.02% | −449,961−19.8% | Reduced |
Holders of 5% or more of BKH
See all 4 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Black Hills Corp.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| BlackRock, Inc. | 13G/A | 14.60%10.5M shares | −1.50 ppfrom 16.10% | Feb 5, 20252 filings | Apr 30, 2025 | SEC |
| Vanguard Portfolio Management LLC | 13G | 6.66%5.07M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
| Vanguard Capital Management LLC | 13G | 5.22%3.97M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
| State Street Corp | 13G | 5.00%3.81M shares | 0.00 ppfrom 5.00% | Feb 11, 20218 filings | Nov 10, 2026 | SEC |
Politician trades
All politician trades in BKH1 member of Congress reported 2 trades in Black Hills Corp since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Aug 13, 2025 |  Lisa C. McClain House · MI | Sell | $1K-$15K |
| Aug 13, 2025 | Lisa C. McClain House · MI | Buy | $1K-$15K |
House · MI · Aug 13, 2025
Sell$1K-$15K
House · MI · Aug 13, 2025
Buy$1K-$15K