Kornitzer Capital Management Inc. KS Reduces Stock Holdings in FTI Consulting, Inc. $FCN

Kornitzer Capital Management Inc. KS cut its stake in shares of FTI Consulting, Inc. (NYSE:FCN) by 39.4% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 25,400 shares of the business services provider’s stock after selling 16,490 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in FTI Consulting were worth $4,490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FCN. Victory Capital Management Inc. grew its position in FTI Consulting by 44.6% in the fourth quarter. Victory Capital Management Inc. now owns 1,634,051 shares of the business services provider’s stock valued at $279,145,000 after acquiring an additional 503,885 shares in the last quarter. Black Creek Investment Management Inc. boosted its stake in shares of FTI Consulting by 60.0% in the fourth quarter. Black Creek Investment Management Inc. now owns 1,072,250 shares of the business services provider’s stock valued at $183,172,000 after purchasing an additional 402,008 shares during the period. Dimensional Fund Advisors LP grew its holdings in FTI Consulting by 14.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 861,694 shares of the business services provider’s stock valued at $147,208,000 after purchasing an additional 106,272 shares in the last quarter. Alliancebernstein L.P. increased its stake in FTI Consulting by 14.0% during the 3rd quarter. Alliancebernstein L.P. now owns 785,657 shares of the business services provider’s stock worth $127,001,000 after buying an additional 96,723 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its position in FTI Consulting by 2.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 525,577 shares of the business services provider’s stock valued at $89,786,000 after buying an additional 13,840 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Insider Activity at FTI Consulting

In other news, CEO Steven Henry Gunby acquired 10,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average price of $144.17 per share, for a total transaction of $1,441,700.00. Following the completion of the purchase, the chief executive officer directly owned 326,984 shares of the company’s stock, valued at $47,141,283.28. This represents a 3.15% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Eun Nam bought 2,000 shares of FTI Consulting stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $144.59 per share, for a total transaction of $289,180.00. Following the acquisition, 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 14,400 shares of company stock valued at $2,076,576 over the last three months. 1.79% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. The Goldman Sachs Group set a $169.00 target price on FTI Consulting in a research report on Tuesday, May 19th. Wall Street Zen downgraded FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings lowered FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Finally, Truist Financial increased their target price on FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, FTI Consulting presently has a consensus rating of “Hold” and a consensus target price of $174.50.

FTI Consulting Stock Up 1.3%

Shares of FCN traded up $2.06 during midday trading on Friday, hitting $156.84. The company had a trading volume of 369,696 shares, compared to its average volume of 521,499. The company’s 50 day moving average price is $154.05 and its 200 day moving average price is $166.78. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 18.65 and a beta of -0.04. FTI Consulting, Inc. has a 52 week low of $137.65 and a 52 week high of $189.30. The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 0.45.

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

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

FTI Consulting 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.