Geode Capital Management LLC Sells 26,939 Shares of FTI Consulting, Inc. $FCN

Geode Capital Management LLC lowered its stake in shares of FTI Consulting, Inc. (NYSE:FCN) by 4.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 583,402 shares of the business services provider’s stock after selling 26,939 shares during the quarter. Geode Capital Management LLC’s holdings in FTI Consulting were worth $99,682,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Diamond Hill Capital Management Inc. lifted its stake in FTI Consulting by 101.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 154,429 shares of the business services provider’s stock valued at $24,963,000 after acquiring an additional 77,690 shares during the period. Capital International Investors increased its position in shares of FTI Consulting by 54.5% during the 3rd quarter. Capital International Investors now owns 293,625 shares of the business services provider’s stock valued at $47,464,000 after purchasing an additional 103,553 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of FTI Consulting by 3,617.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,037 shares of the business services provider’s stock valued at $1,715,000 after purchasing an additional 9,767 shares during the last quarter. CWA Asset Management Group LLC increased its position in shares of FTI Consulting by 31.8% during the 4th quarter. CWA Asset Management Group LLC now owns 155,109 shares of the business services provider’s stock valued at $26,497,000 after purchasing an additional 37,392 shares during the last quarter. Finally, Systematic Financial Management LP increased its position in shares of FTI Consulting by 66.9% during the 4th quarter. Systematic Financial Management LP now owns 42,860 shares of the business services provider’s stock valued at $7,322,000 after purchasing an additional 17,185 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Trading Up 2.3%

Shares of NYSE:FCN opened at $159.76 on Friday. The stock has a 50 day moving average of $168.37 and a 200 day moving average of $169.34. The company has a market cap of $4.82 billion, a PE ratio of 19.00 and a beta of -0.05. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.45. FTI Consulting, Inc. has a 12-month low of $140.84 and a 12-month high of $189.30.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.21). The company 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%. The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.29 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. As a group, equities research analysts expect that FTI Consulting, Inc. will post 9.1 EPS for the current year.

FTI Consulting declared that its board has approved a share buyback program on Friday, June 5th that allows the company to repurchase $370.00 million in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 7.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other FTI Consulting news, CFO Eun Nam purchased 2,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $144.59 per share, with a total value of $289,180.00. Following the acquisition, the chief financial officer owned 21,592 shares in the company, valued at approximately $3,121,987.28. This trade represents a 10.21% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Paul Alderman Linton purchased 2,400 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average cost of $144.04 per share, for a total transaction of $345,696.00. Following the completion of the acquisition, the insider owned 92,824 shares in the company, valued at $13,370,368.96. This represents a 2.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 14,400 shares of company stock valued at $2,076,576. Corporate insiders own 1.79% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FTI Consulting in a research report on Monday, March 23rd. 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 lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Truist Financial upped their price target on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $174.50.

FTI Consulting Company 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.