Victory Capital Management Inc. Sells 347,780 Shares of FTI Consulting, Inc. $FCN

Victory Capital Management Inc. lessened its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 23.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,130,166 shares of the business services provider’s stock after selling 347,780 shares during the quarter. Victory Capital Management Inc. owned about 3.66% of FTI Consulting worth $182,691,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of FTI Consulting during the second quarter valued at approximately $65,039,000. Invesco Ltd. grew its stake in FTI Consulting by 435.9% during the second quarter. Invesco Ltd. now owns 303,750 shares of the business services provider’s stock valued at $49,056,000 after acquiring an additional 247,066 shares in the last quarter. Bank of America Corp DE increased its holdings in FTI Consulting by 103.0% in the 2nd quarter. Bank of America Corp DE now owns 195,129 shares of the business services provider’s stock valued at $31,513,000 after acquiring an additional 98,989 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of FTI Consulting in the first quarter worth about $15,802,000. Finally, Diamond Hill Capital Management Inc. increased its holdings in shares of FTI Consulting by 101.2% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 154,429 shares of the business services provider’s stock worth $24,963,000 after buying an additional 77,690 shares during the last quarter. 99.36% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on FCN. Wall Street Zen raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Weiss Ratings reissued a “hold (c)” rating on shares of FTI Consulting in a research report on Wednesday, December 24th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $165.00.

FTI Consulting Stock Up 1.3%

Shares of FCN stock opened at $166.08 on Wednesday. FTI Consulting, Inc. has a 12 month low of $149.31 and a 12 month high of $183.71. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.21. The firm has a market cap of $5.08 billion, a PE ratio of 20.13 and a beta of 0.09. The stock has a 50 day moving average of $172.22 and a 200-day moving average of $167.23.

FTI Consulting (NYSE:FCN) last released its earnings results on Thursday, February 26th. The business services provider reported $1.78 EPS for the quarter, beating the consensus estimate of $1.39 by $0.39. FTI Consulting had a net margin of 7.15% and a return on equity of 15.42%. The firm had revenue of $990.75 million during the quarter, compared to analysts’ expectations of $918.49 million. During the same period in the prior year, the company earned $1.56 EPS. The business’s quarterly revenue was up 10.7% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. On average, equities analysts predict that FTI Consulting, Inc. will post 8.55 EPS for the current year.

FTI Consulting Company Profile

FTI Consulting, Inc is a global business advisory firm providing multidisciplinary solutions designed to address complex challenges and strategic opportunities. The company’s primary service offerings encompass corporate finance & restructuring, economic consulting, forensic & litigation consulting, strategic communications, and technology. These capabilities enable clients to manage financial distress, navigate regulatory environments, resolve disputes, build trust with stakeholders, and leverage data-driven insights.

In its corporate finance & restructuring practice, FTI delivers restructuring, interim management, and transaction advisory services to companies facing operational or financial pressures.