FTI Consulting, Inc. $FCN Shares Purchased by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lifted its stake in FTI Consulting, Inc. (NYSE:FCN) by 59.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 37,144 shares of the business services provider’s stock after acquiring an additional 13,856 shares during the period. Marks Group Wealth Management Inc’s holdings in FTI Consulting were worth $6,566,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc grew its position in FTI Consulting by 1,666.7% during the 4th quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock worth $27,000 after purchasing an additional 150 shares during the last quarter. Torren Management LLC purchased a new position in shares of FTI Consulting in the fourth quarter worth $30,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of FTI Consulting by 1,278.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after buying an additional 179 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of FTI Consulting in the first quarter worth $33,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of FTI Consulting during the fourth quarter worth $41,000. 99.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Insider Transactions at FTI Consulting

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

FTI Consulting Stock Up 1.1%

NYSE:FCN opened at $161.06 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 company’s fifty day moving average price is $153.53 and its 200-day moving average price is $166.37. FTI Consulting, Inc. has a 1-year low of $137.65 and a 1-year high of $189.30. The firm has a market capitalization of $4.85 billion, a P/E ratio of 19.15 and a beta of -0.04.

FTI Consulting (NYSE:FCN) last posted 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). The business had revenue of $983.35 million during the quarter, compared to analysts’ expectations of $971.17 million. FTI Consulting had a net margin of 6.88% and a return on equity of 15.14%. FTI Consulting’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.29 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. As a group, equities research analysts anticipate that FTI Consulting, Inc. will post 9.1 EPS for the current year.

FTI Consulting declared that its board has authorized a share repurchase plan on Friday, June 5th that permits the company to repurchase $370.00 million in shares. This repurchase authorization permits the business services provider to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

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.