DIAMOND HILL INVESTMENT GROUP (DHIL) Company Report

Halper Sadeh LLC is investigating Diamond Hill Investment Group, Inc. (DHIL) for potential violations of federal securities laws and/or breaches of fiduciary duties to shareholders.
The investigation is related to DHIL's sale to First Eagle Investments for $175.00 per share.
The law firm highlights concerns that insiders may receive substantial financial benefits not available to ordinary shareholders, and that transaction terms could limit superior competing offers.

8 hours ago

Diamond Hill Investment Group Inc. Approves CFO Retention Bonus Amidst Pending Merger

DHIL

M&A

Executive Compensation

Management Change

Diamond Hill Investment Group, Inc. (DHIL) entered into a merger agreement with First Eagle Investment Management, LLC on December 10, 2025, with the merger expected to close by the third quarter of 2026.
The Compensation Committee approved a $500,000 cash retention bonus for Chief Financial Officer Thomas E. Line.
The retention bonus will vest in two equal installments: upon the closing of the merger and on its six-month anniversary, contingent on Mr. Line's continued employment.

Jan 28, 2026, 10:22 PM

Diamond Hill to be Acquired by First Eagle Investments

DHIL

M&A

Takeover Bid

Diamond Hill Investment Group, Inc. (DHIL) has entered into a definitive agreement to be acquired by First Eagle Investments for $175 per share in an all-cash transaction, valuing the company at approximately $473 million. This price represents a 49% premium over Diamond Hill's closing share price of $117.48 on December 10, 2025.
The transaction is expected to close by the third quarter of 2026, subject to customary closing conditions, including shareholder and regulatory approvals. Diamond Hill will not pay quarterly dividends through closing.
A 35-day "go-shop" period is in effect until January 14, 2026, during which Diamond Hill may solicit alternative acquisition proposals.
Following the acquisition, Diamond Hill will maintain its headquarters, existing brand, investment philosophy, and process. The combined entity's pro forma Assets Under Management and Assets Under Advisement will be approximately $208 billion as of September 30, 2025.

Dec 11, 2025, 1:26 PM

Diamond Hill Investment Group to be Acquired by First Eagle Investments

DHIL

M&A

Takeover Bid

Diamond Hill Investment Group (DHIL) has entered into a definitive agreement to be acquired by First Eagle Investments for $175 per share in an all-cash transaction, valuing the Company at approximately $473 million.
This purchase price represents a 49% premium over Diamond Hill’s closing share price of $117.48 on December 10, 2025.
The transaction is expected to close by the third quarter of 2026, subject to customary closing conditions, and includes a 35-day "go-shop" period through January 14, 2026.
Following the acquisition, Diamond Hill will maintain its headquarters, operate under its existing brand, and retain its investment philosophy and process. Pro forma for the transaction, First Eagle’s total Assets Under Management and Assets Under Advisement will be approximately $208 billion as of September 30, 2025.

Dec 11, 2025, 12:30 PM

Diamond Hill Investment Group Reports Q3 2025 Results and Declares Dividends

DHIL

Earnings

Dividends

Share Buyback

Diamond Hill Investment Group reported Q3 2025 revenue of $37.4 million, a decrease from $39.0 million in Q3 2024. Net income attributable to common shareholders was $13.6 million, down from $14.6 million in the prior year quarter, with diluted earnings per share at $4.99 compared to $5.35 in Q3 2024.
Combined assets under management (AUM) and assets under advisement (AUA) stood at $32.4 billion as of September 30, 2025, compared to $33.2 billion as of September 30, 2024. The company achieved $41.0 million in net client inflows for Q3 2025, a significant improvement from $22.0 million of net outflows in Q3 2024, driven by nearly $1 billion in net flows from fixed income strategies this quarter.
The company's board of directors approved a regular quarterly cash dividend of $1.50 per common share and a special dividend of $4.00 per share, both payable on December 5, 2025. In Q3 2025, Diamond Hill returned approximately $6.7 million to shareholders through share repurchases and dividends, contributing to year-to-date share repurchases of nearly $14.5 million and total annual dividends of $10.00 per share for 2025.

Oct 30, 2025, 12:15 PM

Diamond Hill Investment Group Reports Q3 2025 Results, Declares Dividends, and Appoints New Director

DHIL

Earnings

Dividends

Board Change

Diamond Hill Investment Group, Inc. (DHIL) reported Q3 2025 revenue of $37.4 million and diluted earnings per share of $4.99. Net income attributable to common shareholders was $13.6 million.
As of September 30, 2025, combined assets under management (AUM) and assets under advisement (AUA) totaled $32.4 billion. The company recorded net client inflows of $41.0 million for Q3 2025, largely due to nearly $1 billion in net flows into fixed income strategies.
The Board of Directors approved a regular quarterly cash dividend of $1.50 per common share and a special dividend of $4.00 per share, both scheduled for payment on December 5, 2025. Year-to-date, DHIL has returned $14.5 million through share repurchases and $27.2 million through total annual dividends.
The Board of Directors increased its size to eight members and appointed Diane C. Nordin as an independent director, effective October 29, 2025.