Freestone Grove Partners LP Takes $2.33 Million Position in FTI Consulting, Inc. $FCN

Freestone Grove Partners LP acquired a new position in FTI Consulting, Inc. (NYSE:FCN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,621 shares of the business services provider’s stock, valued at approximately $2,328,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Diamond Hill Capital Management Inc. grew its stake in FTI Consulting by 36.6% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 211,015 shares of the business services provider’s stock valued at $36,048,000 after acquiring an additional 56,586 shares during the last quarter. Black Creek Investment Management Inc. raised its holdings in FTI Consulting by 60.0% in 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 acquiring an additional 402,008 shares during the last quarter. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in FTI Consulting in the second quarter valued at $28,307,000. WINTON GROUP Ltd purchased a new position in shares of FTI Consulting during the 4th quarter worth about $7,530,000. Finally, Marks Group Wealth Management Inc raised its stake in FTI Consulting by 59.5% during the first quarter. Marks Group Wealth Management Inc now owns 37,144 shares of the business services provider’s stock worth $6,566,000 after purchasing an additional 13,856 shares during the period. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FCN has been the topic of several research analyst reports. Weiss Ratings lowered FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 8th. Truist Financial upped their price objective on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research report on Monday, May 4th. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a research report on Tuesday, May 19th. Finally, Wall Street Zen downgraded FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, FTI Consulting currently has an average rating of “Hold” and an average price target of $174.50.

FTI Consulting Stock Up 1.3%

FCN stock opened at $153.95 on Friday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. The firm’s 50-day simple moving average is $154.76 and its 200 day simple moving average is $161.83. The stock has a market cap of $4.25 billion, a PE ratio of 18.62 and a beta of -0.05. FTI Consulting, Inc. has a fifty-two week low of $137.65 and a fifty-two week high of $189.30.

FTI Consulting (NYSE:FCN) last issued its quarterly earnings data on Thursday, July 30th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The business had revenue of $993.46 million during the quarter, compared to the consensus estimate of $992.75 million. During the same period last year, the company earned $2.13 earnings per share. The business’s quarterly revenue 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, sell-side analysts predict 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 permits the company to repurchase $370.00 million in shares. This repurchase authorization permits the business services provider to reacquire up to 7.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

FTI Consulting Company 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.