Hsbc Holdings PLC Takes $4.67 Million Position in FTI Consulting, Inc. $FCN

Hsbc Holdings PLC acquired a new position in FTI Consulting, Inc. (NYSE:FCN) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 31,267 shares of the business services provider’s stock, valued at approximately $4,671,000.

Several other institutional investors have also recently made changes to their positions in the business. Ancora Advisors LLC purchased a new position in FTI Consulting in the 2nd quarter worth approximately $3,389,000. Canada Pension Plan Investment Board bought a new position in FTI Consulting in the 2nd quarter worth approximately $2,727,000. Legal & General Group Plc purchased a new stake in FTI Consulting during the 2nd quarter valued at approximately $6,417,000. The Manufacturers Life Insurance Company purchased a new stake in FTI Consulting during the 2nd quarter valued at approximately $3,054,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of FTI Consulting during the second quarter valued at approximately $481,000. Hedge funds and other institutional investors own 99.36% of the company’s stock.

FTI Consulting Stock Performance

NYSE:FCN opened at $153.95 on Friday. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 18.62 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 stock’s 50 day simple moving average is $154.76 and its two-hundred day simple moving average is $161.83. 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:FCN) last posted its earnings results on Thursday, July 30th. The business services provider reported $2.16 EPS for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The firm had revenue of $993.46 million for the quarter, compared to the consensus estimate of $992.75 million. During the same quarter in the prior year, the company posted $2.13 earnings per share. The firm’s 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, equities analysts anticipate that FTI Consulting, Inc. will post 9.25 earnings per share for the current fiscal year.

FTI Consulting announced that its board has authorized a share repurchase program on Friday, June 5th that allows the company to repurchase $370.00 million in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 7.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on FCN shares. Truist Financial boosted their target price on shares of FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a report on Tuesday, May 19th. Finally, Weiss Ratings downgraded shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, FTI Consulting currently has a consensus rating of “Hold” and a consensus price target of $174.50.

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.