Pullen Investment Management LLC grew its holdings in shares of FTI Consulting, Inc. (NYSE:FCN – Free Report) by 49.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,433 shares of the business services provider’s stock after acquiring an additional 4,782 shares during the quarter. FTI Consulting accounts for approximately 1.3% of Pullen Investment Management LLC’s investment portfolio, making the stock its 27th largest position. Pullen Investment Management LLC’s holdings in FTI Consulting were worth $2,551,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in FCN. Diamond Hill Capital Management Inc. increased its position in FTI Consulting by 36.6% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 211,015 shares of the business services provider’s stock worth $36,048,000 after purchasing an additional 56,586 shares in the last quarter. Black Creek Investment Management Inc. boosted its position in 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 buying an additional 402,008 shares in the last quarter. Capital International Investors grew its stake in shares of FTI Consulting by 54.5% during the third quarter. Capital International Investors now owns 293,625 shares of the business services provider’s stock worth $47,464,000 after buying an additional 103,553 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of FTI Consulting by 3,617.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,037 shares of the business services provider’s stock worth $1,715,000 after buying an additional 9,767 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in shares of FTI Consulting during the fourth quarter worth $7,530,000. Institutional investors own 99.36% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a research report on Monday, March 23rd. Truist Financial upped their target price on FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Finally, The Goldman Sachs Group set a $169.00 target price on FTI Consulting in a research report on Tuesday, May 19th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $174.50.
FTI Consulting Trading Up 0.0%
FCN opened at $145.64 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.30 and a quick ratio of 2.30. FTI Consulting, Inc. has a fifty-two week low of $140.84 and a fifty-two week high of $189.30. The company’s 50 day moving average price is $163.51 and its two-hundred day moving average price is $168.74. The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of 17.32 and a beta of -0.05.
FTI Consulting (NYSE:FCN – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.21). The business had revenue of $983.35 million for the quarter, compared to the consensus estimate 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 was up 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.29 EPS. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. As a group, research analysts predict that FTI Consulting, Inc. will post 9.1 earnings per share for the current year.
FTI Consulting announced that its Board of Directors has approved a stock buyback plan 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 purchase up to 7.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.
Insider Activity at FTI Consulting
In related news, insider Paul Alderman Linton bought 2,400 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of $144.04 per share, with a total value of $345,696.00. Following the acquisition, the insider owned 92,824 shares of the company’s stock, valued at $13,370,368.96. This represents a 2.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Eun Nam bought 2,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average cost of $144.59 per share, for a total transaction 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. This trade represents a 10.21% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 14,400 shares of company stock worth $2,076,576 over the last three months. Company insiders own 1.79% of the company’s stock.
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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