26,083 Shares in FTI Consulting, Inc. $FCN Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in FTI Consulting, Inc. (NYSE:FCN) during the 2nd quarter, HoldingsChannel reports. The firm acquired 26,083 shares of the business services provider’s stock, valued at approximately $3,887,000.

Several other institutional investors and hedge funds have also bought and sold shares of FCN. Diamond Hill Capital Management Inc. raised its stake in shares of FTI Consulting by 36.6% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 211,015 shares of the business services provider’s stock valued at $36,048,000 after buying an additional 56,586 shares during the period. Black Creek Investment Management Inc. lifted its position in shares of FTI Consulting by 60.0% during the 4th quarter. Black Creek Investment Management Inc. now owns 1,072,250 shares of the business services provider’s stock valued at $183,172,000 after buying an additional 402,008 shares during the last quarter. Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of FTI Consulting during the 2nd quarter worth $28,307,000. WINTON GROUP Ltd purchased a new stake in FTI Consulting in the 4th quarter worth about $7,530,000. Finally, Marks Group Wealth Management Inc increased its holdings in FTI Consulting by 59.5% in the 1st quarter. Marks Group Wealth Management Inc now owns 37,144 shares of the business services provider’s stock worth $6,566,000 after acquiring an additional 13,856 shares during the last quarter. 99.36% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. The Goldman Sachs Group set a $169.00 price objective on shares of FTI Consulting in a report on Tuesday, May 19th. Weiss Ratings downgraded shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $174.50.

FTI Consulting Price Performance

FTI Consulting stock opened at $150.77 on Thursday. FTI Consulting, Inc. has a one year low of $137.65 and a one year high of $189.30. The business has a fifty day moving average price of $155.59 and a 200-day moving average price of $161.07. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 2.03. The firm has a market capitalization of $4.16 billion, a P/E ratio of 18.23 and a beta of -0.05.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.17 by ($0.01). FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The company had revenue of $993.46 million during the quarter, compared to analysts’ expectations of $992.75 million. During the same quarter last year, the firm posted $2.13 earnings per share. FTI Consulting’s revenue for the quarter was up 5.3% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, equities research analysts forecast that FTI Consulting, Inc. will post 9.25 EPS for the current year.

FTI Consulting announced that its Board of Directors has authorized a stock buyback plan on Friday, June 5th that authorizes the company to buyback $370.00 million in outstanding shares. This buyback authorization authorizes the business services provider to purchase up to 7.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

About FTI Consulting

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.