Daiwa Securities Group Inc. Acquires 6,272 Shares of FTI Consulting, Inc. $FCN

Daiwa Securities Group Inc. grew its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 277.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,534 shares of the business services provider’s stock after buying an additional 6,272 shares during the period. Daiwa Securities Group Inc.’s holdings in FTI Consulting were worth $1,458,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Norges Bank bought a new position in FTI Consulting in the fourth quarter worth approximately $61,137,000. M&T Bank Corp grew its stake in FTI Consulting by 10,081.4% in the fourth quarter. M&T Bank Corp now owns 321,731 shares of the business services provider’s stock worth $54,961,000 after purchasing an additional 318,571 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in FTI Consulting in the fourth quarter worth approximately $43,516,000. Invesco Ltd. grew its stake in FTI Consulting by 435.9% in the second quarter. Invesco Ltd. now owns 303,750 shares of the business services provider’s stock worth $49,056,000 after purchasing an additional 247,066 shares in the last quarter. Finally, Two Sigma Investments LP grew its stake in FTI Consulting by 936.0% in the third quarter. Two Sigma Investments LP now owns 212,385 shares of the business services provider’s stock worth $34,332,000 after purchasing an additional 191,885 shares in the last quarter. Institutional investors own 99.36% of the company’s stock.

Insider Buying and Selling

In related news, CEO Steven Henry Gunby acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $144.17 per share, for a total transaction of $1,441,700.00. Following the purchase, the chief executive officer directly owned 326,984 shares of the company’s stock, valued at $47,141,283.28. This trade represents a 3.15% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Eun Nam acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $144.59 per share, with a total value of $289,180.00. Following the completion of the purchase, the chief financial officer directly owned 21,592 shares in the company, valued at $3,121,987.28. The trade was a 10.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 14,400 shares of company stock worth $2,076,576 in the last three months. 1.79% of the stock is owned by insiders.

FTI Consulting Trading Up 0.3%

Shares of NYSE FCN opened at $160.32 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.30 and a quick ratio of 2.30. The stock has a market capitalization of $4.83 billion, a P/E ratio of 19.06 and a beta of -0.05. FTI Consulting, Inc. has a 1-year low of $140.84 and a 1-year high of $189.30. The business has a fifty day moving average price of $167.64 and a 200 day moving average price of $169.34.

FTI Consulting (NYSE:FCN) last issued its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.90 earnings per share 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 company’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.29 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. Equities research analysts expect that FTI Consulting, Inc. will post 9.1 EPS for the current fiscal year.

FTI Consulting declared that its Board of Directors has authorized a stock buyback program on Friday, June 5th that allows the company to buyback $370.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase up to 7.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages recently issued reports on FCN. Truist Financial increased their price objective on FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. The Goldman Sachs Group set a $169.00 price objective on FTI Consulting in a research note on Tuesday, May 19th. Weiss Ratings reissued a “hold (c)” rating on shares of FTI Consulting in a research note on Monday, March 23rd. Finally, Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $174.50.

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.