Westwood Holdings Group Inc. Files Q2 2025 10-Q

TL;DR

WHG filed its 10-Q for Q2 2025. Stock trades on NYSE.

AI Summary

Westwood Holdings Group, Inc. filed its quarterly report for the period ended June 30, 2025. The company, incorporated in Delaware with IRS Employer Identification No. 75-2969997, is registered under file number 1-31234. Its common stock trades on the New York Stock Exchange under the symbol WHG.

Why It Matters

This filing provides investors with an update on Westwood Holdings Group's financial performance and operational status for the second quarter of 2025.

Risk Assessment

Risk Level: low — This is a routine quarterly filing and does not contain immediate, significant negative news.

Key Players & Entities

• WESTWOOD HOLDINGS GROUP, INC. (company) — Registrant
• June 30, 2025 (date) — Quarterly period end date
• 1-31234 (other) — Commission file number
• Delaware (other) — State of incorporation
• 75-2969997 (other) — IRS Employer Identification No.
• 200 CRESCENT COURT, SUITE 1200 DALLAS, Texas 75201 (other) — Principal executive office address
• WHG (other) — Trading Symbol
• New York Stock Exchange (company) — Exchange where common stock is registered

FAQ

Key Financial Figures

• $0.01 — ich Registered Common stock, par value $0.01 per share WHG New York Stock Exchange
• $18,316 — ments, at fair value (amortized cost of $18,316 and $26,788) 19,768 27,694 Investments
• $26,788 — ir value (amortized cost of $18,316 and $26,788) 19,768 27,694 Investments under measu
• $8,716 — ent, net of accumulated depreciation of $8,716 and $8,424 701 951 Total assets $ 146,
• $8,424 — accumulated depreciation of $8,716 and $8,424 701 951 Total assets $ 146,279 $ 149,9
• $0.15 — 28,450 — — — — — — Dividends declared ($0.15 per share) — — — — ( 1,354 ) — ( 1,354
• $0.30 — 7 2 ( 2 ) — — — — Dividends declared ($0.30 per share) — — ( 1,265 ) — ( 1,504 ) —

Filing Documents

• whg-20250630.htm (10-Q) — 1262KB
• a18thamendment_westwoodx.htm (EX-10.1) — 70KB
• a2q25exhibit311.htm (EX-31.1) — 9KB
• a2q25exhibit312.htm (EX-31.2) — 9KB
• a2q25exhibit321.htm (EX-32.1) — 5KB
• a2q25exhibit322.htm (EX-32.2) — 5KB
• a18thamendment_westwoodx001.jpg (GRAPHIC) — 305KB
• a18thamendment_westwoodx002.jpg (GRAPHIC) — 346KB
• a18thamendment_westwoodx003.jpg (GRAPHIC) — 288KB
• a18thamendment_westwoodx004.jpg (GRAPHIC) — 255KB
• a18thamendment_westwoodx005.jpg (GRAPHIC) — 239KB
• a18thamendment_westwoodx006.jpg (GRAPHIC) — 194KB
• a18thamendment_westwoodx007.jpg (GRAPHIC) — 299KB
• a18thamendment_westwoodx008.jpg (GRAPHIC) — 332KB
• a18thamendment_westwoodx009.jpg (GRAPHIC) — 293KB
• a18thamendment_westwoodx010.jpg (GRAPHIC) — 256KB
• a18thamendment_westwoodx011.jpg (GRAPHIC) — 264KB
• a18thamendment_westwoodx012.jpg (GRAPHIC) — 58KB
• a18thamendment_westwoodx013.jpg (GRAPHIC) — 80KB
• a18thamendment_westwoodx014.jpg (GRAPHIC) — 88KB
• a18thamendment_westwoodx015.jpg (GRAPHIC) — 85KB
• a18thamendment_westwoodx016.jpg (GRAPHIC) — 288KB
• a18thamendment_westwoodx017.jpg (GRAPHIC) — 337KB
• a18thamendment_westwoodx018.jpg (GRAPHIC) — 329KB
• a18thamendment_westwoodx019.jpg (GRAPHIC) — 275KB
• a18thamendment_westwoodx020.jpg (GRAPHIC) — 317KB
• a18thamendment_westwoodx021.jpg (GRAPHIC) — 42KB
• a18thamendment_westwoodx022.jpg (GRAPHIC) — 284KB
• a18thamendment_westwoodx023.jpg (GRAPHIC) — 86KB
• 0001165002-25-000048.txt ( ) — 14022KB
• whg-20250630.xsd (EX-101.SCH) — 56KB
• whg-20250630_cal.xml (EX-101.CAL) — 47KB
• whg-20250630_def.xml (EX-101.DEF) — 277KB
• whg-20250630_lab.xml (EX-101.LAB) — 636KB
• whg-20250630_pre.xml (EX-101.PRE) — 479KB
• whg-20250630_htm.xml (XML) — 756KB

Financial Statements

Financial Statements Condensed Consolidated Balance Sheets 1 Condensed Consolidated Statements of Operations 2 Condensed Consolidated Statements of Stockholders' Equity 3 Condensed Consolidated Statements of Cash Flows 5 Notes to Condensed Consolidated Financial Statements 6 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 16 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 23 Item 4.

Controls and Procedures

Controls and Procedures 23 PART II OTHER INFORMATION 24 Item 1.

Legal Proceedings

Legal Proceedings 24 Item 1A.

Risk Factors

Risk Factors 24 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 24

Exhibits

Item 6. Exhibits 25

Signatures

Signatures 26 WESTWOOD HOLDINGS GROUP, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except par value and share amounts) (Unaudited) June 30, 2025 December 31, 2024 ASSETS Cash and cash equivalents $ 15,403 $ 18,847 Accounts receivable 15,331 14,453 Investments, at fair value (amortized cost of $18,316 and $26,788) 19,768 27,694 Investments under measurement alternative 11,747 10,747 Equity method investments 4,197 4,250 Income taxes receivable 167 295 Other assets 7,076 6,780 Goodwill 39,501 39,501 Deferred income taxes 2,356 2,244 Operating lease right-of-use assets 9,997 2,559 Intangible assets, net 20,035 21,668 Property and equipment, net of accumulated depreciation of $8,716 and $8,424 701 951 Total assets $ 146,279 $ 149,989 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable and accrued liabilities $ 5,304 $ 6,413 Dividends payable 2,430 2,466 Compensation and benefits payable 5,719 10,924 Operating lease liabilities 10,468 3,197 Contingent consideration — 4,657 Total liabilities 23,921 27,657 Commitments and contingencies (Note 10) Stockholders' Equity: Common stock, $0.01 par value, authorized 25,000,000 shares, issued 12,391,817 and 12,137,080, respectively and outstanding 9,408,125 and 9,234,575, respectively 124 122 Additional paid-in capital 203,594 202,239 Treasury stock, at cost – 2,983,692 and 2,902,505, respectively ( 89,612 ) ( 88,277 ) Retained earnings 6,200 6,207 Total Westwood Holdings Group, Inc. stockholders' equity 120,306 120,291 Noncontrolling interest in consolidated subsidiary 2,052 2,041 Total equity 122,358 122,332 Total liabilities and stockholders' equity $ 146,279 $ 149,989 See Notes to Condensed Consolidated Financial Statements. 1 WESTWOOD HOLDINGS GROUP, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data and share amounts) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 REVENUES: Advi

View Full Filing

View this 10-Q filing on SEC EDGAR