Latest news with #DiamondHillCapital
Yahoo
a day ago
- Business
- Yahoo
Do You Believe in the Value Creation Ability of Knife River (KNF)?
Diamond Hill Capital, an investment management company, released its 'Small-Mid Cap Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q2, the market surged uniformly for the rest of the quarter following a sharp decline in April due to President Trump's 'Liberation Day' tariffs announcement. The portfolio returned 5.60% (gross) and 5.37% (net) compared to an 8.59% return for the Russell 2500 Index. For more information on the fund's top picks in 2025, please check its top five holdings. In its second-quarter 2025 investor letter, Diamond Hill Small-Mid Cap Fund highlighted stocks such as River Corporation (NYSE:KNF). Knife River Corporation (NYSE:KNF) is an aggregates-based construction materials and contracting services provider based in Bismarck, North Dakota. The one-month return of Knife River Corporation (NYSE:KNF) was 11.10%, and its shares gained 19.38% of their value over the last 52 weeks. On August 15, 2025, Knife River Corporation (NYSE:KNF) stock closed at $89.99 per share, with a market capitalization of $5.099 billion. Diamond Hill Small-Mid Cap Fund stated the following regarding Knife River Corporation (NYSE:KNF) in its second quarter 2025 investor letter: "Despite markets' relatively sharp bounce following April's downward volatility, we were able to initiate several new positions in the quarter at what we consider compelling valuations: Generac Holdings, Alaska Air Group, Knife River Corporation (NYSE:KNF), Taseko Mines, Century Communities and FTI Consulting. A worker in a safety helmet and bright orange vest surveying a construction site from a crane. Knife River Corporation (NYSE:KNF) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 28 hedge fund portfolios held Knife River Corporation (NYSE:KNF) at the end of the first quarter, which was 27 in the previous quarter. While we acknowledge the potential of Knife River Corporation (NYSE:KNF) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Knife River Corporation (NYSE:KNF) and shared the list of stocks expected to beat the market by 20 percentage points this year. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
5 days ago
- Business
- Globe and Mail
Diamond Hill Capital Boosts Stake in Berkshire Hathaway
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Diamond Hill Capital Management Inc, managed by Ric Dillon, recently executed a significant transaction involving Berkshire Hathaway B (($BRK.B)). The hedge fund increased its position by 36,507 shares. Spark's Take on BRK.B Stock According to Spark, TipRanks' AI Analyst, BRK.B is a Outperform. Berkshire Hathaway B's strong financial performance is the primary driver of its score, aided by reasonable valuation metrics. Technical analysis indicates a cautious outlook with potential downward momentum, although the company's diversified strengths in the insurance sector provide resilience. To see Spark's full report on BRK.B stock, click here. More about Berkshire Hathaway B YTD Price Performance: 4.28% Average Trading Volume: 4,706,116 Current Market Cap: $1014.3B Disclaimer & Disclosure Report an Issue
Globe and Mail
5 days ago
- Business
- Globe and Mail
Diamond Hill Capital Reduces Stake in Meta Platforms
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Diamond Hill Capital Management Inc, managed by Ric Dillon, recently executed a significant transaction involving Meta Platforms, Inc. ((META)). The hedge fund reduced its position by 8,595 shares. Spark's Take on META Stock According to Spark, TipRanks' AI Analyst, META is a Outperform. Meta Platforms excels in financial performance with strong growth and profitability metrics, which is the most significant factor driving the stock score. The positive momentum in technical analysis and favorable earnings call sentiment further bolster the score. However, valuation concerns and regulatory challenges pose moderate risks. To see Spark's full report on META stock, click here. More about Meta Platforms, Inc. YTD Price Performance: 35.15% Average Trading Volume: 12,190,128 Current Market Cap: $1984.5B Disclaimer & Disclosure Report an Issue
Globe and Mail
5 days ago
- Business
- Globe and Mail
Diamond Hill Capital Boosts Stake in Taiwan Semiconductor
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Diamond Hill Capital Management Inc, managed by Ric Dillon, recently executed a significant transaction involving Taiwan Semiconductor Manufacturing Company Limited ((TSM)). The hedge fund increased its position by 13,815 shares. Recent developments for Taiwan Semiconductor Manufacturing Company Limited (TSMC) indicate strategic growth and financial robustness. The company announced plans to phase out its 6-inch wafer manufacturing to consolidate its 8-inch production for better efficiency. TSMC Global, a subsidiary, approved a capital increase of up to $10 billion to enhance financial capabilities. The company reported a significant revenue increase in July 2025, with a 22.5% rise from the previous month and a 25.8% increase from the previous year. Analysts maintain a 'Buy' rating with a target price of $220, despite mixed market sentiments and recent stock volatility, with prices fluctuating between $234.71 and $245.74. TSMC's market cap stands at approximately $1001.2 billion, with a year-to-date price performance of 17.84%. Spark's Take on TSM Stock According to Spark, TipRanks' AI Analyst, TSM is a Outperform. TSMC's strong financial performance and positive earnings call sentiment are the primary drivers of its overall stock score. The company's robust revenue growth, efficient operations, and strategic positioning in advanced technologies contribute significantly. However, the high valuation and technical indicators suggest caution due to potential short-term volatility. To see Spark's full report on TSM stock, click here. YTD Price Performance: 24.42% Average Trading Volume: 11,266,956 Current Market Cap: $1020.5B Disclaimer & Disclosure Report an Issue
Yahoo
6 days ago
- Business
- Yahoo
What makes FTI Consulting (FCN) a Lucrative Investment?
Diamond Hill Capital, an investment management company, released its 'Small-Mid Cap Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q2, the market surged uniformly for the rest of the quarter following a sharp decline in April due to President Trump's 'Liberation Day' tariffs announcement. The portfolio returned 5.60% (gross) and 5.37% (net) compared to an 8.59% return for the Russell 2500 Index. For more information on the fund's top picks in 2025, please check its top five holdings. In its second-quarter 2025 investor letter, Diamond Hill highlighted Small-Mid Cap Fund stocks such as FTI Consulting, Inc. (NYSE:FCN). Headquartered in Washington, the District of Columbia, FTI Consulting, Inc. (NYSE:FCN) is a business advisory services provider. On August 12, 2025, FTI Consulting, Inc. (NYSE:FCN) stock closed at $165.44 per share. One-month return of FTI Consulting, Inc. (NYSE:FCN) was 0.37%, and its shares lost 25.02% of their value over the last 52 weeks. FTI Consulting, Inc. (NYSE:FCN) has a market capitalization of $5.353 billion. Diamond Hill highlighted Small-Mid Cap Fund stated the following regarding FTI Consulting, Inc. (NYSE:FCN) in its second quarter 2025 investor letter: "FTI Consulting, Inc. (NYSE:FCN) provides business advisory services to manage change, mitigate risk and resolve disputes. It has a robust, balanced services lineup spanning procyclical (e.g., M&A advisory work), countercyclical (e.g., restructuring advisory) and acyclical (e.g., forensic accounting and litigation consulting) engagements. The company has improved its scale, geographic reach and service breadth over the past decade or so as the CEO and management team have successfully seeded and grown service areas and geographies while generally reorienting the company's culture toward organic growth. Near-term disruptions over the past several quarters — which we believe will prove to be largely noise in the long term — gave us an opportunity to initiate a position in what we consider a healthy, solid business run by a capable management team at a compelling price." No Guidance, No Call: Guggenheim Downgrades Informatica (INFA) Post–Q2 Results An international conference room with a team of corporate finance and restructuring consultants. FTI Consulting, Inc. (NYSE:FCN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held FTI Consulting, Inc. (NYSE:FCN) at the end of the first quarter, which was 25 in the previous quarter. FTI Consulting, Inc. (NYSE:FCN) reported revenue of $943.7 million compared to $949.2 million in Q2 2024. While we acknowledge the potential of FTI Consulting, Inc. (NYSE:FCN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
