Black Creek Investment Management Inc. Increases Position in FTI Consulting, Inc. $FCN

Black Creek Investment Management Inc. grew its stake in shares of FTI Consulting, Inc. (NYSE:FCN) by 60.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,072,250 shares of the business services provider’s stock after buying an additional 402,008 shares during the quarter. FTI Consulting accounts for approximately 9.1% of Black Creek Investment Management Inc.’s portfolio, making the stock its 5th largest holding. Black Creek Investment Management Inc.’s holdings in FTI Consulting were worth $183,172,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Stifel Financial Corp grew its stake in shares of FTI Consulting by 1.3% during the fourth quarter. Stifel Financial Corp now owns 29,135 shares of the business services provider’s stock valued at $4,977,000 after buying an additional 375 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of FTI Consulting by 17.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 380,265 shares of the business services provider’s stock valued at $64,961,000 after buying an additional 55,365 shares during the last quarter. Nierenberg Investment Management Company LLC bought a new position in shares of FTI Consulting during the fourth quarter valued at about $1,632,000. Victory Capital Management Inc. grew its stake in shares of FTI Consulting by 44.6% during the fourth quarter. Victory Capital Management Inc. now owns 1,634,051 shares of the business services provider’s stock valued at $279,145,000 after buying an additional 503,885 shares during the last quarter. Finally, Ieq Capital LLC bought a new position in shares of FTI Consulting during the fourth quarter valued at about $422,000. 99.36% of the stock is owned by institutional investors.

Insider Buying and Selling

In other FTI Consulting news, CFO Eun Nam purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of $144.59 per share, with a total value of $289,180.00. Following the completion of the purchase, the chief financial officer directly owned 21,592 shares of the company’s stock, valued at $3,121,987.28. The trade was a 10.21% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Paul Alderman Linton purchased 2,400 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was acquired at an average cost of $144.04 per share, with a total value of $345,696.00. Following the purchase, the insider directly owned 92,824 shares of the company’s stock, valued at $13,370,368.96. This trade represents a 2.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 14,400 shares of company stock valued at $2,076,576 over the last quarter. 1.79% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FCN. Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FTI Consulting in a research note on Monday, March 23rd. The Goldman Sachs Group set a $169.00 price objective on FTI Consulting in a research note on Tuesday, May 19th. Finally, Truist Financial raised their price objective on FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $174.50.

FTI Consulting Trading Up 1.8%

FCN opened at $158.44 on Friday. FTI Consulting, Inc. has a one year low of $140.84 and a one year 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 business has a 50 day simple moving average of $166.80 and a two-hundred day simple moving average of $169.21. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 18.84 and a beta of -0.05.

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

FTI Consulting announced that its Board of Directors has approved a share repurchase program on Friday, June 5th that allows the company to repurchase $370.00 million in shares. This repurchase authorization allows the business services provider to buy up to 7.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

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.