5,822 Shares in FTI Consulting, Inc. $FCN Purchased by State of Wyoming

State of Wyoming acquired a new position in FTI Consulting, Inc. (NYSE:FCN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,822 shares of the business services provider’s stock, valued at approximately $868,000.

Other large investors have also modified their holdings of the company. Royal Bank of Canada raised its holdings in shares of FTI Consulting by 7.4% in the first quarter. Royal Bank of Canada now owns 41,795 shares of the business services provider’s stock worth $6,860,000 after buying an additional 2,889 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in FTI Consulting by 4.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider’s stock valued at $364,000 after acquiring an additional 103 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in FTI Consulting during the 1st quarter valued at $33,000. Millennium Management LLC bought a new position in FTI Consulting in the 1st quarter valued at $15,802,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in FTI Consulting by 9.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,716 shares of the business services provider’s stock valued at $21,612,000 after acquiring an additional 10,980 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

FTI Consulting Stock Down 1.2%

Shares of NYSE:FCN opened at $151.51 on Friday. The business’s 50 day moving average is $155.11 and its 200 day moving average is $163.54. The stock has a market cap of $4.18 billion, a P/E ratio of 18.32 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 company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.76.

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

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

Analysts Set New Price Targets

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