Hsbc Holdings PLC Buys 3,678 Shares of FTI Consulting, Inc. $FCN

Hsbc Holdings PLC raised its stake in FTI Consulting, Inc. (NYSE:FCN) by 103.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,243 shares of the business services provider’s stock after buying an additional 3,678 shares during the period. Hsbc Holdings PLC’s holdings in FTI Consulting were worth $1,277,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. IFP Advisors Inc increased its holdings in shares of FTI Consulting by 1,666.7% during the fourth quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock worth $27,000 after buying an additional 150 shares in the last quarter. Torren Management LLC bought a new position in shares of FTI Consulting in the 4th quarter valued at $30,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of FTI Consulting by 1,278.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 179 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of FTI Consulting during the 1st quarter valued at $33,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of FTI Consulting during the 4th quarter valued at $41,000. Institutional investors own 99.36% of the company’s stock.

Insider Transactions at FTI Consulting

In related news, CEO Steven Henry Gunby bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of $144.17 per share, for a total transaction of $1,441,700.00. Following the transaction, the chief executive officer directly owned 326,984 shares of the company’s stock, valued at approximately $47,141,283.28. The trade was a 3.15% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Eun Nam bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $144.59 per share, for a total transaction of $289,180.00. Following the completion of the purchase, the chief financial officer owned 21,592 shares of the company’s stock, valued at $3,121,987.28. This represents a 10.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 14,400 shares of company stock valued at $2,076,576 in the last quarter. 1.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

FTI Consulting Stock Up 1.2%

Shares of NYSE:FCN opened at $161.72 on Tuesday. 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 0.45, a current ratio of 2.30 and a quick ratio of 2.30. The business’s 50-day moving average is $154.58 and its 200-day moving average is $165.56. The company has a market capitalization of $4.87 billion, a price-to-earnings ratio of 19.23 and a beta of -0.04.

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

FTI Consulting announced that its board has authorized a stock repurchase plan on Friday, June 5th that authorizes the company to repurchase $370.00 million in shares. This repurchase authorization authorizes the business services provider to purchase up to 7.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management 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.