CX Institutional Trims Position in FTI Consulting, Inc. $FCN

CX Institutional decreased its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 98.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 615 shares of the business services provider’s stock after selling 36,521 shares during the quarter. CX Institutional’s holdings in FTI Consulting were worth $99,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in FCN. Torray Investment Partners LLC lifted its position in FTI Consulting by 57.5% during the 3rd quarter. Torray Investment Partners LLC now owns 9,361 shares of the business services provider’s stock worth $1,513,000 after acquiring an additional 3,417 shares during the period. CWA Asset Management Group LLC raised its stake in shares of FTI Consulting by 108.5% during the third quarter. CWA Asset Management Group LLC now owns 117,717 shares of the business services provider’s stock worth $19,029,000 after purchasing an additional 61,266 shares during the last quarter. SJS Investment Consulting Inc. lifted its holdings in shares of FTI Consulting by 6.1% during the third quarter. SJS Investment Consulting Inc. now owns 1,277 shares of the business services provider’s stock worth $206,000 after purchasing an additional 73 shares during the period. Fort Washington Investment Advisors Inc. OH purchased a new position in FTI Consulting in the 3rd quarter valued at $200,000. Finally, Marathon Asset Management Ltd increased its stake in FTI Consulting by 7.1% in the 3rd quarter. Marathon Asset Management Ltd now owns 56,830 shares of the business services provider’s stock valued at $9,186,000 after buying an additional 3,769 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Steven Henry Gunby acquired 7,500 shares of FTI Consulting stock in a transaction that occurred on Friday, October 24th. The stock was purchased at an average cost of $151.12 per share, with a total value of $1,133,400.00. Following the completion of the acquisition, the chief executive officer owned 294,007 shares in the company, valued at $44,430,337.84. This trade represents a 2.62% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.79% of the stock is owned by insiders.

FTI Consulting Stock Performance

Shares of FCN opened at $177.54 on Tuesday. The company has a market capitalization of $5.48 billion, a PE ratio of 22.62 and a beta of 0.09. FTI Consulting, Inc. has a 52-week low of $149.31 and a 52-week high of $204.69. The company has a 50-day simple moving average of $169.19 and a 200-day simple moving average of $166.06. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.29.

FTI Consulting (NYSE:FCN) last issued its earnings results on Thursday, October 23rd. The business services provider reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.93 by $0.67. FTI Consulting had a net margin of 7.20% and a return on equity of 14.49%. The company had revenue of $956.17 million during the quarter, compared to analysts’ expectations of $941.19 million. During the same period last year, the company posted $1.85 earnings per share. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. FTI Consulting has set its FY 2025 guidance at 8.200-8.70 EPS. Equities research analysts predict that FTI Consulting, Inc. will post 8.55 earnings per share for the current fiscal year.

FTI Consulting declared that its board has initiated a stock repurchase program on Tuesday, October 21st that permits the company to buyback $500.00 million in shares. This buyback authorization permits the business services provider to reacquire up to 9.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

FCN has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of FTI Consulting in a research note on Wednesday, December 24th. Truist Financial reduced their price objective on shares of FTI Consulting from $178.00 to $165.00 and set a “hold” rating for the company in a research report on Thursday, October 23rd. Finally, Wall Street Zen raised FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, FTI Consulting currently has an average rating of “Hold” and a consensus price target of $169.00.

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.