Curated Wealth Partners LLC reduced its stake in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 91.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 4,201 shares of the business services provider’s stock after selling 42,687 shares during the quarter. Curated Wealth Partners LLC’s holdings in FTI Consulting were worth $565,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of FCN. Global Retirement Partners LLC purchased a new position in FTI Consulting during the 2nd quarter worth $37,000. Rockefeller Capital Management L.P. lifted its position in shares of FTI Consulting by 405.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 263 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 211 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of FTI Consulting by 41.6% during the first quarter. Bessemer Group Inc. now owns 361 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 106 shares in the last quarter. Steph & Co. boosted its stake in shares of FTI Consulting by 113.1% in the 3rd quarter. Steph & Co. now owns 1,010 shares of the business services provider’s stock worth $136,000 after buying an additional 536 shares during the last quarter. Finally, Aristides Capital LLC bought a new position in FTI Consulting in the 4th quarter valued at $203,000. 99.36% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered FTI Consulting from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $174.50.
Read Our Latest Analysis on FCN
FTI Consulting Stock Performance
Shares of FCN opened at $148.41 on Friday. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.76. The stock has a 50-day moving average price of $145.46 and a 200-day moving average price of $156.26. The company has a market cap of $4.10 billion, a PE ratio of 17.33 and a beta of -0.06. FTI Consulting, Inc. has a 12-month low of $129.12 and a 12-month high of $189.30.
FTI Consulting (NYSE:FCN – Get Free Report) last announced its earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.17 by ($0.01). The company had revenue of $993.46 million during the quarter, compared to analysts’ expectations of $992.75 million. FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%. The firm’s revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.13 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, equities analysts forecast that FTI Consulting, Inc. will post 9.25 earnings per share for the current fiscal year.
FTI Consulting Company Profile
FTI Consulting, Inc is a global business advisory firm that helps organizations address complex financial, operational, regulatory and reputational challenges. Its clients include corporations, law firms, financial institutions, government agencies and other organizations.
The company provides services through practices focused on corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology and strategic communications. Its work includes restructuring advice, investigations, disputes and expert testimony, data and technology services, economic analysis, crisis communications and support for major transactions and regulatory matters.
FTI Consulting serves clients internationally through offices and professionals across North America, Europe, the Middle East, Asia-Pacific and other global markets.
Featured Stories
- Five stocks we like better than FTI Consulting
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Want to see what other hedge funds are holding FCN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FTI Consulting, Inc. (NYSE:FCN – Free Report).
Receive News & Ratings for FTI Consulting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTI Consulting and related companies with MarketBeat.com's FREE daily email newsletter.
