Fifth Third Bancorp Raises Position in FTI Consulting, Inc. $FCN

Fifth Third Bancorp grew its holdings in FTI Consulting, Inc. (NYSE:FCN) by 4,029.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 16,766 shares of the business services provider’s stock after buying an additional 16,360 shares during the quarter. Fifth Third Bancorp’s holdings in FTI Consulting were worth $2,964,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Torray Investment Partners LLC boosted its holdings in FTI Consulting by 3.9% in the first quarter. Torray Investment Partners LLC now owns 12,934 shares of the business services provider’s stock valued at $2,286,000 after purchasing an additional 483 shares during the period. Hsbc Holdings PLC boosted its stake in shares of FTI Consulting by 103.2% in the 1st quarter. Hsbc Holdings PLC now owns 7,243 shares of the business services provider’s stock valued at $1,277,000 after buying an additional 3,678 shares during the period. Oregon Public Employees Retirement Fund grew its position in shares of FTI Consulting by 1.6% during the first quarter. Oregon Public Employees Retirement Fund now owns 6,189 shares of the business services provider’s stock worth $1,094,000 after buying an additional 100 shares in the last quarter. Collaborative Fund Advisors LLC purchased a new position in FTI Consulting in the first quarter worth approximately $247,000. Finally, Petros Family Wealth LLC increased its position in shares of FTI Consulting by 5.6% in the 1st quarter. Petros Family Wealth LLC now owns 1,727 shares of the business services provider’s stock valued at $305,000 after purchasing an additional 92 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Insider Activity at FTI Consulting

In other news, CEO Steven Henry Gunby bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $144.17 per share, with a total value of $1,441,700.00. Following the transaction, the chief executive officer directly owned 326,984 shares in the company, valued at $47,141,283.28. This trade represents a 3.15% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Eun Nam purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were purchased at an average price of $144.59 per share, for a total transaction of $289,180.00. Following the purchase, the chief financial officer directly owned 21,592 shares in the company, valued at $3,121,987.28. The trade was a 10.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 14,400 shares of company stock valued at $2,076,576 in the last three months. 1.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

FTI Consulting Trading Down 1.1%

NYSE FCN opened at $160.82 on Tuesday. The firm’s fifty day moving average price is $153.59 and its 200 day moving average price is $166.12. FTI Consulting, Inc. has a 12 month low of $137.65 and a 12 month high of $189.30. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.30 and a quick ratio of 2.30. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 19.12 and a beta of -0.04.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.21). The company had revenue of $983.35 million during the quarter, compared to analyst estimates of $971.17 million. FTI Consulting had a net margin of 6.88% and a return on equity of 15.14%. The business’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.29 EPS. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. On average, sell-side analysts expect that FTI Consulting, Inc. will post 9.1 earnings per share for the current fiscal year.

FTI Consulting declared that its Board of Directors has approved a share repurchase plan 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 purchase up to 7.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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.