Handelsbanken Fonder AB Trims Stock Position in FTI Consulting, Inc. $FCN

Handelsbanken Fonder AB cut its holdings in FTI Consulting, Inc. (NYSE:FCNFree Report) by 91.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,823 shares of the business services provider’s stock after selling 100,000 shares during the period. Handelsbanken Fonder AB’s holdings in FTI Consulting were worth $1,426,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Van Berkom & Associates Inc. lifted its stake in shares of FTI Consulting by 5.1% in the 3rd quarter. Van Berkom & Associates Inc. now owns 437,455 shares of the business services provider’s stock valued at $70,715,000 after purchasing an additional 21,242 shares during the last quarter. Norges Bank purchased a new stake in FTI Consulting in the 2nd quarter valued at about $65,039,000. Greenvale Capital LLP lifted its position in FTI Consulting by 11.0% in the second quarter. Greenvale Capital LLP now owns 400,000 shares of the business services provider’s stock valued at $64,600,000 after buying an additional 39,780 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in FTI Consulting by 9.1% during the second quarter. Ameriprise Financial Inc. now owns 318,061 shares of the business services provider’s stock worth $51,367,000 after buying an additional 26,461 shares during the period. Finally, Invesco Ltd. increased its position in shares of FTI Consulting by 435.9% during the second quarter. Invesco Ltd. now owns 303,750 shares of the business services provider’s stock valued at $49,056,000 after acquiring an additional 247,066 shares during the last quarter. Institutional investors and hedge funds own 99.36% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a research note on Wednesday, December 24th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $165.00.

Read Our Latest Stock Analysis on FTI Consulting

FTI Consulting Stock Down 0.9%

Shares of NYSE:FCN opened at $164.83 on Thursday. The stock has a market cap of $5.04 billion, a price-to-earnings ratio of 19.98 and a beta of 0.09. The firm’s 50 day moving average price is $171.99 and its 200 day moving average price is $167.21. FTI Consulting, Inc. has a fifty-two week low of $149.31 and a fifty-two week high of $183.71. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.21.

FTI Consulting (NYSE:FCNGet Free Report) last posted its earnings results on Thursday, February 26th. The business services provider reported $1.78 EPS for the quarter, beating the consensus estimate of $1.39 by $0.39. The firm had revenue of $990.75 million for the quarter, compared to analyst estimates of $918.49 million. FTI Consulting had a return on equity of 15.42% and a net margin of 7.15%.FTI Consulting’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.56 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. As a group, equities research analysts predict that FTI Consulting, Inc. will post 8.55 earnings per share for the current fiscal year.

FTI Consulting Company Profile

(Free Report)

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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Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)

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