<div id="readability-page-1"><p>Barnett &amp; Company Inc. raised its stake in shares of  Black Hills Corporation (NYSE:BKH - Free Report) by 105.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor  owned 28,400 shares of the utilities provider's stock after acquiring an additional 14,600 shares during the period. Black Hills comprises approximately  1.4% of Barnett &amp; Company Inc.'s investment portfolio, making the stock its 27th largest holding. Barnett &amp; Company Inc.'s holdings in Black Hills were worth $1,749,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>3 Under-the-Radar AI Infrastructure Stocks Powering the Next Buildout</li></ul><p>A number of other hedge funds have also recently bought and sold shares of BKH. Spire Wealth Management raised its holdings in shares of  Black Hills by 4,115.4% in the second quarter. Spire Wealth Management now owns 548 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 535 shares during the last quarter.  TD Waterhouse Canada Inc. bought a new stake in  Black Hills in the 2nd quarter worth about $31,000.  Smartleaf Asset Management LLC increased its stake in  Black Hills by 132.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 576 shares of the utilities provider's stock valued at $35,000 after buying an additional 328 shares during the last quarter.  Blue Trust Inc. increased its stake in  Black Hills by 37.8% in the 3rd quarter. Blue Trust Inc. now owns 641 shares of the utilities provider's stock valued at $39,000 after buying an additional 176 shares during the last quarter.  Finally, Geneos Wealth Management Inc. lifted its position in shares of  Black Hills by 44.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,037 shares of the utilities provider's stock worth $58,000 after buying an additional 317 shares in the last quarter. 86.71% of the stock is owned by hedge funds and other institutional investors. </p><h2>Black Hills Stock Performance</h2><p>Shares of BKH opened at $73.34 on Friday. Black Hills Corporation has a 1 year low of $54.92 and a 1 year high of $75.87. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.35 and a quick ratio of 1.11. The stock's fifty day moving average price is $71.63 and its two-hundred day moving average price is $66.65. The firm has a market cap of $5.54 billion, a PE ratio of 18.43, a PEG ratio of 2.86 and a beta of 0.75. </p><ul><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li></ul><p>Black Hills (NYSE:BKH - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The utilities provider reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.04. Black Hills had a return on equity of 7.95% and a net margin of 12.62%.The company's revenue was up 6.4% on a year-over-year basis. During the same period last year, the company posted $1.37 earnings per share. Black Hills has set its FY 2026 guidance at 4.250-4.450 EPS.  On average, equities research analysts forecast that  Black Hills Corporation will post 4.12 EPS for the current year. </p><h2>Black Hills Increases Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be issued a $0.703 dividend. This is a boost from Black Hills's previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $2.81 annualized dividend and a yield of 3.8%. Black Hills's payout ratio is 70.60%. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>These 3 Big Dividend Payers Also Boast Strong Price Growth </li></ul><p>Several equities analysts have recently issued reports on the company. BMO Capital Markets upped their target price on Black Hills from $82.00 to $84.00 and gave the company an &#34;outperform&#34; rating in a report on Monday, February 9th. Wall Street Zen downgraded Black Hills from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Saturday, February 14th. Scotiabank upgraded Black Hills from a &#34;sector perform&#34; rating to a &#34;sector outperform&#34; rating and lifted their target price for the stock from $66.00 to $81.00 in a research note on Friday, November 7th. Finally, Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of Black Hills in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and one  has issued  a Hold rating to the company. According to data from MarketBeat.com, Black Hills  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $76.33.</p><p><b>Read Our Latest Stock Analysis on BKH</b></p><h2>Black Hills Company Profile</h2> (Free Report)<p>Black Hills Corporation is a diversified energy company based in Rapid City, South Dakota, that provides electricity and natural gas distribution services to residential, commercial and industrial customers. Through its regulated utility subsidiaries—Black Hills Power, Cheyenne Light &amp; Power, and Black Hills Energy—the company delivers reliable energy across Colorado, Kansas, Montana, Nebraska, South Dakota and Wyoming. </p><p>In addition to its distribution operations, Black Hills owns and operates a generation portfolio that includes natural gas–fired plants, coal-fired units, hydroelectric facilities and wind projects.</p><h2>Read More</h2><ul><li>Five stocks we like better than Black Hills</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>Gold $5,000: The 2026 Gold &amp; Silver Summit is LIVE March 4</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>This makes me furious</li><li>Elon Musk: This Could Turn $100 into $100,000</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJLSA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJLSA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Black Hills Right Now?</h2><p>Before you consider Black Hills, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Black Hills wasn't on the list.</p><p>While Black Hills currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Barnett & Company Inc. increased its stake in Black Hills Corporation (NYSE:BKH) by 105.8% in Q3, owning 28,400 shares valued at $1.75 million. Other hedge funds also raised their positions in BKH. The stock opened at $73.34, with a market cap of $5.54 billion and a PE ratio of 18.43. Black Hills recently announced a quarterly dividend increase to $0.703, with a yield of 3.8%. Analysts have mixed ratings, with target prices ranging from $66 to $84.</p>

Barnett & Company Inc. Grows Position in Black Hills Corporation $BKH