TD Waterhouse Canada Inc. Invests $2.20 Million in FTI Consulting, Inc. $FCN

TD Waterhouse Canada Inc. purchased a new stake in shares of FTI Consulting, Inc. (NYSE:FCN) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 13,643 shares of the business services provider’s stock, valued at approximately $2,201,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Royal Bank of Canada raised its holdings in FTI Consulting by 7.4% during the 1st quarter. Royal Bank of Canada now owns 41,795 shares of the business services provider’s stock valued at $6,860,000 after acquiring an additional 2,889 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of FTI Consulting by 4.9% in the first quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider’s stock worth $364,000 after acquiring an additional 103 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of FTI Consulting in the first quarter valued at $33,000. Millennium Management LLC bought a new stake in shares of FTI Consulting during the 1st quarter valued at $15,802,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in FTI Consulting by 9.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,716 shares of the business services provider’s stock worth $21,612,000 after purchasing an additional 10,980 shares during the period. 99.36% of the stock is owned by institutional investors.

Analyst Ratings Changes

FCN has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of FTI Consulting in a research note on Wednesday, December 24th. Finally, Truist Financial cut their price target on shares of FTI Consulting from $178.00 to $165.00 and set a “hold” rating for the company in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, FTI Consulting has a consensus rating of “Hold” and an average price target of $169.00.

FTI Consulting Stock Performance

FTI Consulting stock opened at $174.48 on Friday. FTI Consulting, Inc. has a fifty-two week low of $149.31 and a fifty-two week high of $198.65. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a market cap of $5.39 billion, a P/E ratio of 22.23 and a beta of 0.09. The firm’s fifty day moving average price is $173.36 and its 200-day moving average price is $167.47.

FTI Consulting declared that its Board of Directors has approved a share repurchase plan on Tuesday, October 21st that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase up to 9.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are 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.