Northwestern Mutual Wealth Management Co. lifted its holdings in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 3,617.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,037 shares of the business services provider’s stock after buying an additional 9,767 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in FTI Consulting were worth $1,715,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in FCN. Royal Bank of Canada grew its stake in shares of FTI Consulting by 7.4% in the 1st quarter. Royal Bank of Canada now owns 41,795 shares of the business services provider’s stock valued at $6,860,000 after buying an additional 2,889 shares during the period. Integrated Wealth Concepts LLC boosted its stake 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 purchasing an additional 103 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in FTI Consulting during the 1st quarter valued at about $33,000. Millennium Management LLC bought a new position in shares of FTI Consulting during the 1st quarter worth approximately $15,802,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of FTI Consulting by 9.1% during 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 worth $21,612,000 after buying an additional 10,980 shares in the last quarter. 99.36% of the stock is currently owned by institutional investors and hedge funds.
FTI Consulting Trading Up 1.1%
NYSE:FCN opened at $154.37 on Thursday. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $4.65 billion and a PE ratio of 18.36. The firm’s 50 day moving average is $170.30 and its 200 day moving average is $169.82. FTI Consulting, Inc. has a 12 month low of $140.84 and a 12 month high of $189.30.
Analyst Ratings Changes
Several research firms have commented on FCN. Weiss Ratings reissued 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 target price on shares of FTI Consulting in a research report on Tuesday, May 19th. Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Truist Financial lifted their target price on shares of FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $174.50.
View Our Latest Stock Analysis on FCN
Insider Buying and Selling
In related news, CEO Steven Henry Gunby purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $144.17 per share, with a total value of $1,441,700.00. Following the acquisition, the chief executive officer owned 326,984 shares of the company’s stock, valued at $47,141,283.28. This trade represents a 3.15% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Paul Alderman Linton purchased 2,400 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average cost of $144.04 per share, for a total transaction of $345,696.00. Following the acquisition, the insider directly owned 92,824 shares in the company, valued at $13,370,368.96. This trade represents a 2.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 14,400 shares of company stock valued at $2,076,576. 1.79% of the stock is owned by company insiders.
FTI Consulting 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.
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