Paralel Advisors LLC Acquires Shares of 13,068 FTI Consulting, Inc. $FCN

Paralel Advisors LLC bought a new stake in shares of FTI Consulting, Inc. (NYSE:FCNFree Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,068 shares of the business services provider’s stock, valued at approximately $1,947,000.

Several other large investors also recently modified their holdings of the stock. IFP Advisors Inc raised its stake in FTI Consulting by 1,666.7% in the fourth quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 150 shares in the last quarter. Torren Management LLC acquired a new stake in FTI Consulting during the fourth quarter worth about $30,000. Caitong International Asset Management Co. Ltd grew its stake in FTI Consulting by 1,278.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after buying an additional 179 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in FTI Consulting during the first quarter worth about $33,000. Finally, Global Retirement Partners LLC bought a new position in FTI Consulting in the 4th quarter valued at about $41,000. 99.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently commented on FCN. Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Truist Financial increased their price target 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. The Goldman Sachs Group set a $169.00 price objective on shares of FTI Consulting in a research report on Tuesday, May 19th. Finally, Weiss Ratings cut FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $174.50.

Check Out Our Latest Stock Report on FTI Consulting

FTI Consulting Price Performance

FCN stock opened at $153.57 on Friday. The company has a 50 day simple moving average of $154.58 and a 200 day simple moving average of $162.67. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 18.57 and a beta of -0.05. FTI Consulting, Inc. has a 1 year low of $137.65 and a 1 year high of $189.30. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 2.03.

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

FTI Consulting declared that its board has initiated a stock buyback plan on Friday, June 5th that permits the company to repurchase $370.00 million in shares. This repurchase authorization permits the business services provider to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

FTI Consulting Company Profile

(Free Report)

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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Institutional Ownership by Quarter for FTI Consulting (NYSE:FCN)

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