NewEdge Wealth LLC Takes Position in FTI Consulting, Inc. $FCN

NewEdge Wealth LLC bought a new position in shares of FTI Consulting, Inc. (NYSE:FCN) in the second quarter, Holdings Channel.com reports. The fund bought 18,639 shares of the business services provider’s stock, valued at approximately $2,777,000.

Several other hedge funds and other institutional investors have also bought and sold shares of FCN. SJS Investment Consulting Inc. boosted its position 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 purchasing an additional 68 shares in the last quarter. Ethic Inc. boosted its holdings in FTI Consulting by 4.7% in the fourth quarter. Ethic Inc. now owns 1,938 shares of the business services provider’s stock worth $331,000 after acquiring an additional 87 shares in the last quarter. Petros Family Wealth LLC grew its stake in 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 valued at $305,000 after acquiring an additional 92 shares during the period. SkyView Investment Advisors LLC increased its holdings in shares of FTI Consulting by 0.9% during the fourth quarter. SkyView Investment Advisors LLC now owns 10,074 shares of the business services provider’s stock valued at $1,721,000 after acquiring an additional 92 shares in the last quarter. Finally, Sepio Capital LP raised its position in shares of 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 purchasing an additional 99 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock.

FTI Consulting Stock Performance

Shares of FCN opened at $153.57 on Friday. The firm has a market capitalization of $4.24 billion, a P/E ratio of 18.57 and a beta of -0.05. FTI Consulting, Inc. has a 52 week low of $137.65 and a 52 week high of $189.30. The stock has a 50 day moving average price of $154.58 and a two-hundred day moving average price of $162.67. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.03 and a current ratio of 2.03.

FTI Consulting (NYSE:FCN) last posted its 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 company had revenue of $993.46 million during the quarter, compared to the consensus estimate of $992.75 million. FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.13 EPS. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. Equities analysts forecast that FTI Consulting, Inc. will post 9.25 earnings per share for the current fiscal year.

FTI Consulting declared that its Board of Directors has authorized a stock repurchase plan on Friday, June 5th that authorizes the company to buyback $370.00 million in outstanding shares. This buyback authorization authorizes the business services provider to repurchase up to 7.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FCN. The Goldman Sachs Group set a $169.00 target price on FTI Consulting in a report on Tuesday, May 19th. Weiss Ratings downgraded shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a 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 company a “hold” rating in a research note on Monday, May 4th. Finally, Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $174.50.

FTI Consulting Profile

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.