73,887 Shares in FTI Consulting, Inc. $FCN Acquired by Nierenberg Investment Management Company LLC

Nierenberg Investment Management Company LLC purchased a new position in shares of FTI Consulting, Inc. (NYSE:FCNFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 73,887 shares of the business services provider’s stock, valued at approximately $11,009,902,000. FTI Consulting comprises 5.5% of Nierenberg Investment Management Company LLC’s investment portfolio, making the stock its 8th largest holding.

A number of other large investors also recently bought and sold shares of the stock. IFP Advisors Inc grew its stake in shares of FTI Consulting by 1,666.7% during the 4th quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock valued at $27,000 after buying an additional 150 shares during the period. Torren Management LLC acquired a new stake in shares of FTI Consulting during the 4th quarter worth $30,000. Caitong International Asset Management Co. Ltd raised its position in shares of FTI Consulting by 1,278.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after buying an additional 179 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of FTI Consulting in the 1st quarter worth $33,000. Finally, Global Retirement Partners LLC acquired a new position in FTI Consulting in the second quarter valued at $37,000. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. The Goldman Sachs Group set a $169.00 price target on FTI Consulting in a research report on Tuesday, May 19th. Truist Financial raised their price objective on FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Wall Street Zen lowered FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings cut 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, FTI Consulting presently has an average rating of “Hold” and a consensus target price of $174.50.

View Our Latest Analysis on FCN

FTI Consulting Price Performance

FTI Consulting stock opened at $153.71 on Thursday. The firm has a fifty day moving average of $154.62 and a 200-day moving average of $162.82. FTI Consulting, Inc. has a 52-week low of $137.65 and a 52-week high of $189.30. 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 firm has a market capitalization of $4.24 billion, a P/E ratio of 18.59 and a beta of -0.05.

FTI Consulting (NYSE:FCNGet Free Report) last posted its 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). FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The business had revenue of $993.46 million for the quarter, compared to analyst estimates of $992.75 million. During the same quarter in the previous year, the firm posted $2.13 EPS. The business’s revenue was up 5.3% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, analysts predict that FTI Consulting, Inc. will post 9.25 EPS for the current year.

FTI Consulting declared that its Board of Directors has approved a share buyback program 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 buy up to 7.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is 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.

See Also

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

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