Empirical Finance LLC Acquires Shares of 3,727 FTI Consulting, Inc. $FCN

Empirical Finance LLC purchased a new stake in shares of FTI Consulting, Inc. (NYSE:FCN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,727 shares of the business services provider’s stock, valued at approximately $555,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in FTI Consulting by 7.4% during the first quarter. Royal Bank of Canada now owns 41,795 shares of the business services provider’s stock valued at $6,860,000 after purchasing an additional 2,889 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in FTI Consulting by 4.9% during the first quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider’s stock worth $364,000 after purchasing an additional 103 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of FTI Consulting in the first quarter worth about $33,000. Millennium Management LLC purchased a new position in shares of FTI Consulting in the first quarter worth about $15,802,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of FTI Consulting by 9.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,716 shares of the business services provider’s stock valued at $21,612,000 after purchasing an additional 10,980 shares during the period. Institutional investors own 99.36% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on FCN. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a research note on Tuesday, May 19th. Weiss Ratings cut shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $174.50.

FTI Consulting Price Performance

FTI Consulting stock opened at $150.28 on Friday. FTI Consulting, Inc. has a 52 week low of $137.65 and a 52 week high of $189.30. The business has a 50-day simple moving average of $155.53 and a 200 day simple moving average of $160.99. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 18.17 and a beta of -0.05.

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

FTI Consulting declared that its board has approved a share buyback program on Friday, June 5th that authorizes the company to repurchase $370.00 million in shares. This repurchase authorization authorizes the business services provider to buy up to 7.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors 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.