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. (Nasdaq: DHIL) is a public asset management company whose consolidated revenues and net income come from investment advisory and fund administration services provided by its wholly owned subsidiary, Diamond Hill Capital Management, Inc. As an independent active asset manager with significant employee ownership, Diamond Hill emphasizes valuation-driven investment principles, a long-term perspective, capacity discipline and client alignment across U.S. and international equity, alternative long-short equity and fixed income strategies.
This news page aggregates company-issued updates and regulatory-related announcements about Diamond Hill. Readers can follow earnings releases that detail quarterly and annual financial results, including revenue from advisory and fund administration fees, operating margins, non-GAAP performance metrics and capital allocation decisions such as dividends and share repurchases. Regular AUM and AUA updates provide insight into asset flows across proprietary funds, separately managed accounts, collective investment trusts and other pooled vehicles, as well as shifts between equity and fixed income strategies.
Coverage also includes governance developments, such as board appointments of independent directors with extensive asset management experience and executive employment agreements for key leaders. In addition, this page features information related to the company’s announced Agreement and Plan of Merger with First Eagle Investment Management, LLC, under which a merger subsidiary will combine with Diamond Hill and Diamond Hill is expected to become a wholly owned subsidiary of First Eagle if closing conditions are met.
Investors and researchers can use this news feed to review how Diamond Hill communicates its investment philosophy, reports financial performance, discusses growth in specific strategies and describes significant corporate actions over time.
First Eagle Investments completed its acquisition of Diamond Hill Investment Group (Nasdaq: DHIL) on April 22, 2026, following shareholder approval on March 3, 2026. Diamond Hill shareholders received $175.00 per share in cash and Diamond Hill common shares ceased trading on Nasdaq.
Pro forma AUM and AUA were approximately $213 billion as of March 31, 2026. Diamond Hill will remain based in Columbus and keep its investment philosophy; Heather Brilliant will continue to lead Diamond Hill and become First Eagle’s newly created Chief Operating Officer.
Diamond Hill (NASDAQ:DHIL) announced shareholder approval of the proposed acquisition by First Eagle. The company said final certified voting results will be reported on a Form 8-K. The transaction is expected to close in the second quarter of 2026, subject to remaining closing conditions, including client consents based on revenue run-rate.
Upon closing, Diamond Hill will become a wholly-owned subsidiary of First Eagle and its common shares will no longer trade on Nasdaq. Financial and legal advisors to both parties were named.
Diamond Hill Investment Group (Nasdaq: DHIL) reported 2025 results with revenue $147.1M, net income $48.8M and diluted EPS $17.91. Total AUM/AUA fell to $31.0B from $31.9B as net client outflows were $2.7B. Adjusted net operating profit margin was 29% (GAAP 25%). The company returned $44.1M to shareholders and disclosed transaction-related expenses of $2.9M tied to its pending merger with First Eagle.
Management said the First Eagle partnership is expected to create long-term value and strengthen the combined franchise.
Diamond Hill (Nasdaq: DHIL) agreed to be acquired by First Eagle for $175 per share in an all-cash deal valuing Diamond Hill at ~$473 million. The price represents a 49% premium to the Dec 10, 2025 close and a 44% premium to the 30-day VWAP. First Eagle expects the deal to expand its fixed income footprint and add Diamond Hill’s US multi-cap equity capabilities. Diamond Hill will retain its Columbus headquarters, brand, and investment teams. Pro forma AUM/AUA for First Eagle is ~$208 billion as of Sept 30, 2025.
The transaction is unanimous by Diamond Hill’s board, expected to close by Q3 2026, has no financing contingencies, includes a 35-day go-shop, and will remove Diamond Hill shares from Nasdaq upon closing.
Diamond Hill Investment Group (Nasdaq: DHIL) reported Q3 2025 results for the quarter ended September 30, 2025. Total AUM/AUA were $32.4B. Revenue was $37.4M and diluted EPS was $4.99 for Q3. Net client inflows were $41.0M. The board declared a regular quarterly dividend of $1.50 and a special dividend of $4.00, both payable Dec 5, 2025 to holders of record on Nov 21, 2025. The company repurchased $2.6M of shares in Q3 and returned about $27.2M to shareholders in 2025.
Diamond Hill Investment Group (Nasdaq: DHIL) announced on October 29, 2025 the appointment of Diane Nordin, CFA, to its Board of Directors.
Ms. Nordin will be one of six independent directors on the eight-member Board and will serve on the Audit Committee, Compensation Committee and Nominating and Governance Committee. She brings more than 40 years of financial services experience, including roles at Wellington Management, Fidelity and Putnam, and currently serves on the boards of Antares Capital, Principal Financial Group, Wellington Trust Company, and as trustee of the Financial Accounting Foundation.
Company leadership highlighted her asset management and governance experience as aligned with Diamond Hill’s client-focused investment philosophy.
Diamond Hill Investment Group (Nasdaq: DHIL) reported Q2 2025 financial results with mixed performance. Total assets under management and advisement remained flat at $31.9 billion compared to December 2024. The company faced net client outflows of $644.0 million, contrasting with $229.0 million net inflows in Q2 2024. Revenue decreased 2% to $36.0 million, while net operating profit margin declined to 22% from 33% year-over-year.
Despite operational challenges, net income attributable to shareholders increased 92% to $15.6 million, with diluted EPS of $5.73, up from $2.93 in Q2 2024. The company announced a quarterly dividend of $1.50 per share and repurchased 59,763 shares. Additionally, Diamond Hill launched a new fixed income strategy, the Diamond Hill Securitized Total Return Fund, on July 1, 2025.
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.