Hsbc Holdings PLC Makes New Investment in FTI Consulting, Inc. $FCN

Hsbc Holdings PLC bought a new stake in shares of FTI Consulting, Inc. (NYSE:FCNFree Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 31,267 shares of the business services provider’s stock, valued at approximately $4,671,000. Hsbc Holdings PLC owned about 0.11% of FTI Consulting at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. IFP Advisors Inc increased its position in FTI Consulting by 1,666.7% during the fourth quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 150 shares during the last quarter. Torren Management LLC purchased a new position in FTI Consulting in the fourth quarter worth about $30,000. Caitong International Asset Management Co. Ltd boosted its position in FTI Consulting by 1,278.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after purchasing an additional 179 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of FTI Consulting during the 1st quarter valued at about $33,000. Finally, Global Retirement Partners LLC bought a new stake in shares of FTI Consulting during the 4th quarter valued at about $41,000. 99.36% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

FCN has been the subject of several research reports. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a research report on Tuesday, May 19th. Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Truist Financial increased their price target on shares of FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Finally, Weiss Ratings cut shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, FTI Consulting currently has a consensus rating of “Hold” and an average target price of $174.50.

Get Our Latest Stock Analysis on FCN

FTI Consulting Trading Up 1.3%

Shares of NYSE:FCN opened at $153.95 on Friday. The stock has a 50 day moving average of $154.76 and a 200 day moving average of $161.83. The company has a market cap of $4.25 billion, a PE ratio of 18.62 and a beta of -0.05. FTI Consulting, Inc. has a 12-month low of $137.65 and a 12-month high of $189.30. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.76.

FTI Consulting (NYSE:FCNGet Free Report) last released its earnings results on Thursday, July 30th. The business services provider reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The firm had revenue of $993.46 million for the quarter, compared to the consensus estimate of $992.75 million. During the same quarter in the previous year, the business posted $2.13 EPS. FTI Consulting’s revenue was up 5.3% on a year-over-year basis. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, equities research analysts expect that FTI Consulting, Inc. will post 9.25 EPS for the current year.

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

FTI Consulting 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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