Diamond Hill Capital Management Inc. Acquires 56,586 Shares of FTI Consulting, Inc. $FCN

Diamond Hill Capital Management Inc. lifted its holdings in FTI Consulting, Inc. (NYSE:FCNFree Report) by 36.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 211,015 shares of the business services provider’s stock after acquiring an additional 56,586 shares during the period. Diamond Hill Capital Management Inc.’s holdings in FTI Consulting were worth $36,048,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. NewEdge Wealth LLC lifted its holdings in shares of FTI Consulting by 0.3% in the 3rd quarter. NewEdge Wealth LLC now owns 21,957 shares of the business services provider’s stock valued at $3,663,000 after acquiring an additional 71 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in shares of FTI Consulting by 0.4% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 21,873 shares of the business services provider’s stock valued at $3,536,000 after acquiring an additional 85 shares during the last quarter. Ethic Inc. lifted its holdings in shares of FTI Consulting by 4.7% in the 4th quarter. Ethic Inc. now owns 1,938 shares of the business services provider’s stock valued at $331,000 after acquiring an additional 87 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of FTI Consulting by 2.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 3,704 shares of the business services provider’s stock valued at $599,000 after acquiring an additional 99 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of FTI Consulting by 4.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider’s stock valued at $364,000 after acquiring an additional 103 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on FCN. Truist Financial raised their price objective on shares of FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Wall Street Zen downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of FTI Consulting in a research note on Monday, March 23rd. Finally, The Goldman Sachs Group set a $169.00 price objective on shares of FTI Consulting in a research note on Tuesday. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, FTI Consulting has a consensus rating of “Hold” and a consensus target price of $174.50.

Check Out Our Latest Stock Report on FCN

Insider Transactions at FTI Consulting

In related news, CFO Eun Nam bought 2,000 shares of FTI Consulting stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average cost of $144.59 per share, with a total value of $289,180.00. Following the completion of the transaction, the chief financial officer owned 21,592 shares in the company, valued at $3,121,987.28. The trade was a 10.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Steven Henry Gunby bought 10,000 shares of FTI Consulting stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $144.17 per share, for a total transaction of $1,441,700.00. Following the completion of the transaction, the chief executive officer owned 326,984 shares of the company’s stock, valued at approximately $47,141,283.28. This trade represents a 3.15% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have purchased 14,400 shares of company stock valued at $2,076,576. 1.79% of the stock is currently owned by company insiders.

FTI Consulting Stock Performance

Shares of NYSE:FCN opened at $153.25 on Friday. The firm has a market cap of $4.62 billion and a PE ratio of 18.22. The firm’s 50 day simple moving average is $170.96 and its 200-day simple moving average is $170.16. FTI Consulting, Inc. has a one year low of $140.84 and a one year high of $189.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.30 and a current ratio of 2.30.

FTI Consulting (NYSE:FCNGet Free Report) last issued its earnings results on Thursday, April 30th. The business services provider reported $1.90 EPS for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.21). The company had revenue of $983.35 million for the quarter, compared to analysts’ expectations of $971.17 million. FTI Consulting had a return on equity of 15.14% and a net margin of 6.88%.The business’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the business posted $2.29 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. As a group, equities analysts predict that FTI Consulting, Inc. will post 9.1 EPS for the current year.

About FTI Consulting

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)

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