Diamond Hill Capital Management LLC Investment Advisor bought a new stake in shares of FTI Consulting, Inc. (NYSE:FCN – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 189,970 shares of the business services provider’s stock, valued at approximately $28,307,000. Diamond Hill Capital Management LLC Investment Advisor owned 0.69% of FTI Consulting at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in the business. SJS Investment Consulting Inc. raised its stake in shares of FTI Consulting by 5.3% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,358 shares of the business services provider’s stock valued at $240,000 after buying an additional 68 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 buying an additional 87 shares during the period. Petros Family Wealth LLC boosted its stake in shares of FTI Consulting by 5.6% in the first quarter. Petros Family Wealth LLC now owns 1,727 shares of the business services provider’s stock worth $305,000 after buying an additional 92 shares during the last quarter. SkyView Investment Advisors LLC boosted its stake in shares of FTI Consulting by 0.9% in the fourth quarter. SkyView Investment Advisors LLC now owns 10,074 shares of the business services provider’s stock worth $1,721,000 after buying an additional 92 shares during the last quarter. Finally, Sepio Capital LP grew its holdings in FTI Consulting by 3.2% during the fourth quarter. Sepio Capital LP now owns 3,172 shares of the business services provider’s stock worth $542,000 after acquiring an additional 99 shares during the period. 99.36% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on FCN shares. The Goldman Sachs Group set a $169.00 price target on FTI Consulting in a research report on Tuesday, May 19th. Weiss Ratings lowered FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 8th. 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. Finally, Wall Street Zen lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Two analysts have rated the stock with a Hold rating, According to MarketBeat, FTI Consulting currently has an average rating of “Hold” and a consensus target price of $174.50.
FTI Consulting Price Performance
NYSE:FCN opened at $151.51 on Monday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. FTI Consulting, Inc. has a 52 week low of $137.65 and a 52 week high of $189.30. The stock’s 50-day moving average price is $155.11 and its 200-day moving average price is $163.40. The stock has a market capitalization of $4.18 billion, a PE ratio of 18.32 and a beta of -0.05.
FTI Consulting (NYSE:FCN – Get Free Report) last released its quarterly earnings results 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 analyst estimates 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 for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.13 EPS. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, equities analysts expect that FTI Consulting, Inc. will post 9.25 EPS for the current fiscal year.
FTI Consulting declared that its Board of Directors has initiated a share repurchase plan 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 buy up to 7.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is 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.
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