Welcome to our dedicated page for Horizon Kinetics news (Ticker: HKHC), a resource for investors and traders seeking the latest updates and insights on Horizon Kinetics stock.
Horizon Kinetics Holding Corporation (HKHC) delivers timely updates through this dedicated news hub for investors and financial professionals. Track official press releases, strategic developments, and market insights from the investment advisory firm known for its value-based strategies and dual focus on asset management/consumer products.
This resource aggregates HKHC's financial announcements including earnings reports, merger updates, and portfolio strategy changes. Users gain centralized access to filings, leadership communications, and analysis of the company's unique position bridging financial services with consumer goods through its Scott's Liquid Gold subsidiary.
Bookmark this page for streamlined monitoring of HKHC's New York Stock Exchange disclosures, research publications from Horizon Kinetics Asset Management, and operational updates across its advisory/retail divisions. All content is verified through primary sources to ensure compliance with financial reporting standards.
Horizon Kinetics Holding (HKHC) reported strong financial results for Q4 and full-year 2024. Annual revenues reached $57.2 million, up 21.0%, while Q4 revenues grew 81.8% to $19.2 million. The company posted net income of $92.5 million ($5.07 per share) for 2024 and $75.8 million ($4.07 per share) for Q4.
Assets under management (AUM) increased significantly to $9.8 billion, showing 18% growth in Q4 and 52% growth year-over-year. This growth was primarily driven by increased market value of holdings in Texas Pacific Land (up 111% YoY) and Grayscale Bitcoin Trust (up 114% YoY).
The company earned $51.7 million in incentive fees from proprietary funds in 2024 and benefited from unrealized gains of $40.3 million from investment holdings and $7.0 million from digital assets. The Board declared a dividend of $0.107 per share, payable March 28, 2025.
Horizon Kinetics Holding (HKHC) has announced its Q4 2024 dividend payment. The Board of Directors declared a cash dividend of $0.107 per share on March 3, 2025. The dividend will be payable on March 28, 2025, to shareholders of record as of March 17, 2025.
HKHC operates primarily through its subsidiary Horizon Kinetics Asset Management (HKAM), providing investment advisory services and independent research for long-only and alternative value-based investing strategies. Following its August 2024 merger with Scott's Liquid Gold, the company also maintains a consumer products portfolio for retail distribution. The company operates from locations in New York City, White Plains, and Summit, New Jersey.
Horizon Kinetics Holding (OTCM PINK:HKHC) has announced its 2025 annual meeting of stockholders, scheduled for Tuesday, June 17, 2025. The company has set key deadlines for stockholder participation: March 19, 2025 for stockholder proposals or nominations under Section 2.4 of the Company's Bylaws, and April 14, 2025 for stockholder proposals under Rule 14a-8.
The company primarily operates through its subsidiary Horizon Kinetics Asset Management (HKAM), a registered investment adviser providing independent research and advisory services for long-only and alternative value-based investing strategies. Following its August 2024 merger with Scott's Liquid Gold-Inc., the firm also maintains a consumer products portfolio for retail distribution. The company operates from offices in New York City, White Plains, and Summit, New Jersey.
Horizon Kinetics Holding (HKHC) reported Q3 2024 financial results, highlighting revenue growth to $15.4 million, up 20.6% year-over-year. The company's assets under management (AUM) grew to $8.3 billion, largely driven by a 21% quarterly increase in Texas Pacific Land value. The Board declared a quarterly dividend of $0.053 per share. Despite revenue growth, the company recorded a net loss of $38.2 million, primarily due to a $59.7 million non-cash deferred income tax expense related to its conversion from to C-Corp status.