First Trust Advisors LP Sells 7,077 Shares of FTI Consulting, Inc. $FCN

First Trust Advisors LP lessened its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 13.7% during the 1st quarter, HoldingsChannel reports. The fund owned 44,502 shares of the business services provider’s stock after selling 7,077 shares during the quarter. First Trust Advisors LP’s holdings in FTI Consulting were worth $7,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its holdings in FTI Consulting by 0.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 18,313 shares of the business services provider’s stock worth $3,237,000 after purchasing an additional 144 shares during the period. Dimensional Fund Advisors LP grew its holdings in FTI Consulting by 6.9% during the first quarter. Dimensional Fund Advisors LP now owns 921,218 shares of the business services provider’s stock valued at $162,836,000 after purchasing an additional 59,524 shares during the period. Kera Capital Partners Inc. increased its position in FTI Consulting by 47.4% in the first quarter. Kera Capital Partners Inc. now owns 3,612 shares of the business services provider’s stock worth $638,000 after buying an additional 1,162 shares in the last quarter. Bessemer Group Inc. increased its position in FTI Consulting by 41.6% in the first quarter. Bessemer Group Inc. now owns 361 shares of the business services provider’s stock worth $64,000 after buying an additional 106 shares in the last quarter. Finally, Marks Group Wealth Management Inc raised its stake in shares of FTI Consulting by 59.5% in the first quarter. Marks Group Wealth Management Inc now owns 37,144 shares of the business services provider’s stock worth $6,566,000 after buying an additional 13,856 shares during the period. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on FCN. The Goldman Sachs Group set a $169.00 price objective on FTI Consulting in a research report on Tuesday, May 19th. Truist Financial increased their target price on shares of FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Weiss Ratings cut shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $174.50.

Insider Buying and Selling

In related news, insider Paul Alderman Linton acquired 2,400 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of $144.04 per share, with a total value of $345,696.00. Following the acquisition, the insider directly owned 92,824 shares in the company, valued at $13,370,368.96. This represents a 2.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Eun Nam bought 2,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of $144.59 per share, for a total transaction of $289,180.00. Following the acquisition, the chief financial officer directly owned 21,592 shares of the company’s stock, valued at approximately $3,121,987.28. This represents a 10.21% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 14,400 shares of company stock valued at $2,076,576. Corporate insiders own 1.80% of the company’s stock.

FTI Consulting Price Performance

NYSE:FCN opened at $159.68 on Friday. The company has a quick ratio of 2.30, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. The business’s 50-day simple moving average is $155.45 and its two-hundred day simple moving average is $165.33. The stock has a market cap of $4.81 billion, a PE ratio of 19.31 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.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, July 30th. The business services provider reported $2.16 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). The business had revenue of $993.46 million during the quarter, compared to the consensus estimate of $992.75 million. FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The business’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the company earned $2.13 EPS. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, analysts forecast that FTI Consulting, Inc. will post 9.25 EPS for the current fiscal year.

FTI Consulting announced that its Board of Directors has approved a stock repurchase program on Friday, June 5th that authorizes the company to repurchase $370.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to reacquire up to 7.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

FTI Consulting News Summary

Here are the key news stories impacting FTI Consulting this week:

• Positive Sentiment: Second-quarter revenue reached a record $993.5 million, up 5.3% year over year and broadly in line with analyst expectations. Growth was led by Corporate Finance, Technology, and Forensic and Litigation Consulting. FTI Consulting Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Adjusted EPS increased to $2.16 from $2.13 a year earlier after excluding $6.6 million of extraordinary litigation-related expenses. Operating cash flow improved sharply to $152.3 million for the quarter, supporting capital returns. FTI Consulting Posts Record Q2 Revenue, Reaffirms 2026 Outlook
• Positive Sentiment: FTI Consulting repurchased approximately 2.6 million shares for $390.9 million during the quarter and has about $344 million remaining under its buyback authorization, potentially supporting per-share results.
• Neutral Sentiment: The company reaffirmed 2026 revenue guidance of $3.94 billion to $4.10 billion and introduced adjusted EPS guidance of $9.10 to $9.70, indicating confidence in underlying operations.
• Negative Sentiment: Adjusted EPS of $2.16 missed the $2.26 consensus estimate, while revenue was slightly below the $997.6 million consensus. GAAP diluted EPS fell to $1.99 from $2.13, and net income declined to $57.8 million from $71.7 million.
• Negative Sentiment: Full-year GAAP EPS guidance was reduced to $8.70-$9.30 from $8.90-$9.60, below the roughly $9.23 analyst expectation. Management attributed the gap partly to anticipated litigation-related expenses.
• Negative Sentiment: Adjusted EBITDA fell to $104.5 million from $111.6 million, reducing the margin to 10.5% from 11.8%. Higher compensation, selling expenses, interest costs, and weakness in Economic Consulting pressured profitability. Net debt also increased substantially as buybacks were funded with debt.

About FTI Consulting

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.