Welcome to our dedicated page for Diamond Hill Invt Group news (Ticker: DHIL), a resource for investors and traders seeking the latest updates and insights on Diamond Hill Invt Group stock.
Diamond Hill Investment Group Inc (DHIL) is an independent investment manager specializing in valuation-driven strategies across mutual funds, ETFs, and private vehicles. This page provides authorized updates on corporate developments, financial performance, and strategic initiatives essential for understanding the firm's market position.
Access timely press releases and curated analysis covering earnings reports, leadership updates, and portfolio strategy changes. Investors will find consolidated information on DHIL's long-term investment approaches, risk management practices, and responses to market conditions.
Content spans regulatory filings, strategic partnership announcements, and insights into the firm's core focus areas: U.S. equities, fixed income, and alternative strategies. Bookmark this page for direct access to DHIL's official communications and third-party analyses vetted for relevance.
Diamond Hill Investment Group reported its Q1 2025 financial results, showing mixed performance. Total assets under management (AUM) and assets under advisement (AUA) were $31.6 billion, slightly down from $31.9 billion in both December 2024 and March 2024.
Key highlights include:
- Revenue increased 2% to $37.1 million
- Net operating profit margin improved to 35% from 23%
- Net client outflows of $529.0 million, compared to $118.0 million inflows last year
- Earnings per share decreased to $3.77 from $4.62
- Quarterly dividend of $1.50 per share declared
The company's fixed income strategies surpassed $7 billion in AUM, helping offset US equity outflows. CEO Heather Brilliant noted that uncertain economic conditions may continue to impact near-term returns, while maintaining their disciplined investment approach focusing on undervalued investments.
Diamond Hill Investment Group (Nasdaq: DHIL) has announced its 2025 Annual Meeting of Shareholders, scheduled for April 29, 2025, at 8:00 am ET. The virtual meeting will be accessible to shareholders with a 16-digit control number through www.virtualshareholdermeeting.com/DHIL2025.
Diamond Hill Capital Management, a registered investment adviser and wholly owned subsidiary, provides investment advisory and fund administration services. The company offers various investment strategies including US and international equity, alternative long-short equity, and fixed income. As of February 28, 2025, Diamond Hill's total assets under management and advisement reached $32.8 billion.
Diamond Hill Investment Group (DHIL) reported its 2024 financial results, showing improved performance across key metrics. Assets under management and advisement reached $31.9 billion, up from $29.2 billion in 2023. The company's revenue increased to $151.1 million from $136.7 million, while net operating profit margin improved to 29% from 26%.
Net client outflows decreased to $0.3 billion from $0.5 billion in 2023. Net income attributable to shareholders rose to $43.2 million, with diluted earnings per share of $15.66, up from $14.32. The company returned $46.8 million to shareholders through share repurchases ($30.3 million) and dividends ($16.5 million).
The board approved a quarterly cash dividend of $1.50 per share, payable March 21, 2025. Fixed income strategies showed strong inflows, reaching $6.2 billion in assets, though partially offset by US equity outflows.
Diamond Hill Investment Group reported Q3 2024 financial results with assets under management (AUM) and assets under advisement (AUA) reaching $33.2 billion, up from $26.6 billion in Q3 2023. Revenue increased 10% to $39.0 million, while net client outflows improved to $22.0 million from $343.0 million in Q3 2023. Earnings per share rose to $5.35 from $2.20 year-over-year. The company declared a quarterly dividend of $1.50 per share and approved a new $50 million share repurchase program. Net operating profit margin decreased to 26% from 35% in Q3 2023, while adjusted net operating profit margin was 32% compared to 33% last year.
Diamond Hill Investment Group (Nasdaq: DHIL) released unaudited financial results for Q2 2024, reporting notable growth and some areas of concern. Assets under management (AUM) and assets under advisement (AUA) reached $31.1 billion, up from $27.9 billion YoY. Revenue increased to $36.7 million, a 10% rise compared to Q2 2023. However, net income attributable to common shareholders decreased 14% to $8.1 million, with EPS falling to $2.93 from $3.18. Despite a net operating profit margin rise to 33%, investment income turned into a loss of $0.7 million compared to a gain of $6.3 million previously. Additionally, the company declared a quarterly dividend of $1.50 per share, payable on September 13, 2024. CEO Heather Brilliant highlighted growth in fixed income strategies and strong equity markets as key performance drivers.
Diamond Hill Investment Group Inc. (NASDAQ: DHIL) has appointed Gordon Fowler to its Board of Directors. Fowler, who brings over 40 years of experience in the financial services industry, will serve as one of six independent directors on the seven-person board. He will also be a member of the Audit, Compensation, and Nominating and Governance Committees.
Fowler's extensive career includes a 20-year tenure at Glenmede , where he most recently served as CEO and President. He also held various roles at J.P. Morgan Chase, including Chief Investment Officer of the Private Bank. Diamond Hill CEO Heather Brilliant expressed confidence that Fowler's experience will contribute to the company's commitment to generating long-term investment outcomes.
As of June 30, 2024, Diamond Hill's assets under management and advisement totaled $31.1 billion.
Diamond Hill Investment Group, Inc. reported financial results for the first quarter of 2024, showing an increase in assets under management and client inflows. Revenue, net income, and earnings per share also improved compared to the previous year. The company declared a quarterly dividend of $1.50 per share. Despite a decrease in net operating profit margin, the CEO highlighted improved long-term investment performance and solid client interest.