Diamond Hill's 15-minute chart shows KDJ Death Cross and Bearish Marubozu.

Wednesday, Sep 3, 2025 12:49 pm ET1min read

Diamond Hill's 15-minute chart has triggered a KDJ Death Cross and a bearish Marubozu pattern as of September 3rd, 2025 at 12:45. This indicates a shift in momentum towards the downside, potentially leading to further price decreases. Sellers are currently in control of the market, and it is likely that bearish momentum will continue.

American Century Companies Inc. has increased its stake in Rocky Brands, Inc. by 10% in the first quarter, owning approximately 3.16% of the company, valued at $4.09 million after acquiring 21,420 shares [1]. This move comes as Rocky Brands recently announced a quarterly dividend of $0.155 per share, representing an annualized yield of 2.0% and a payout ratio of 25% [1].

Several large investors have also shown interest in Rocky Brands. GSA Capital Partners LLP bought a new stake valued at approximately $606,000, while Koss Olinger Consulting LLC bought a new stake valued at approximately $476,000 [1]. Diamond Hill Capital Management Inc. boosted its position by 19.8% during the first quarter, owning 136,554 shares valued at $2,372,000 after acquiring an additional 22,596 shares [1]. Millennium Management LLC increased its stake by 185.9% during the fourth quarter, owning 30,913 shares valued at $705,000 after acquiring an additional 20,100 shares [1].

Despite the positive institutional interest, Rocky Brands is facing bearish signals. As of September 3rd, 2025, at 12:45, Diamond Hill's 15-minute chart has triggered a KDJ Death Cross and a bearish Marubozu pattern, indicating a shift in momentum towards the downside and potential further price decreases [2]. Sellers are currently in control of the market, and it is likely that bearish momentum will continue.

Analysts have varying ratings on Rocky Brands. Robert W. Baird upgraded shares from a "hold" rating to a "strong-buy" rating, lifting the target price to $40.00 [1]. Wall Street Zen downgraded the stock from a "buy" rating to a "hold" rating [1]. Despite the mixed signals, the consensus rating remains "Strong Buy" with an average price target of $40.00 [1].

Rocky Brands' recent earnings report showed strong performance, reporting $0.55 earnings per share, beating analysts' estimates by $0.31 [1]. The company also announced a quarterly dividend, which will be paid on September 16th, with an annualized yield of 2.0% [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-american-century-companies-inc-purchases-21420-shares-of-rocky-brands-inc-rcky-2025-08-30/
[2] MarketBeat

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