Legal & General Group Plc Cuts Stake in FTI Consulting, Inc. $FCN

Legal & General Group Plc reduced its position in FTI Consulting, Inc. (NYSE:FCN) by 21.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 54,417 shares of the business services provider’s stock after selling 14,742 shares during the period. Legal & General Group Plc’s holdings in FTI Consulting were worth $9,296,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in FCN. Alliancebernstein L.P. increased its position in FTI Consulting by 14.0% during the 3rd quarter. Alliancebernstein L.P. now owns 785,657 shares of the business services provider’s stock valued at $127,001,000 after purchasing an additional 96,723 shares during the period. Van Berkom & Associates Inc. lifted its position in shares of FTI Consulting by 9.3% in the 4th quarter. Van Berkom & Associates Inc. now owns 478,128 shares of the business services provider’s stock worth $81,679,000 after purchasing an additional 40,673 shares during the period. Invesco Ltd. boosted its stake in shares of FTI Consulting by 19.8% during the third quarter. Invesco Ltd. now owns 363,947 shares of the business services provider’s stock valued at $58,832,000 after purchasing an additional 60,197 shares in the last quarter. M&T Bank Corp boosted its stake in shares of FTI Consulting by 10,081.4% during the fourth quarter. M&T Bank Corp now owns 321,731 shares of the business services provider’s stock valued at $54,961,000 after purchasing an additional 318,571 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in FTI Consulting by 9.1% during the second quarter. Ameriprise Financial Inc. now owns 318,061 shares of the business services provider’s stock valued at $51,367,000 after buying an additional 26,461 shares during the period. 99.36% of the stock is owned by hedge funds and other institutional investors.

FTI Consulting Stock Up 0.9%

NYSE:FCN opened at $156.04 on Friday. The company’s 50-day simple moving average is $168.54 and its 200-day simple moving average is $169.41. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.30 and a current ratio of 2.30. FTI Consulting, Inc. has a fifty-two week low of $140.84 and a fifty-two week high of $189.30. The stock has a market capitalization of $4.70 billion, a P/E ratio of 18.55 and a beta of -0.05.

FTI Consulting (NYSE:FCN) last posted its quarterly earnings data 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). FTI Consulting had a return on equity of 15.14% and a net margin of 6.88%.The firm had revenue of $983.35 million for the quarter, compared to the consensus estimate of $971.17 million. During the same quarter last year, the firm earned $2.29 EPS. The company’s revenue was up 9.5% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. On average, equities analysts anticipate that FTI Consulting, Inc. will post 9.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other FTI Consulting news, insider Paul Alderman Linton acquired 2,400 shares of the stock in a transaction dated Wednesday, May 13th. The stock was purchased at an average price of $144.04 per share, with a total value of $345,696.00. Following the transaction, the insider directly owned 92,824 shares of the company’s stock, valued at $13,370,368.96. This trade represents a 2.65% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Eun Nam acquired 2,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $144.59 per share, with a total value of $289,180.00. Following the transaction, the chief financial officer directly owned 21,592 shares in the company, valued at approximately $3,121,987.28. This represents a 10.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 14,400 shares of company stock valued at $2,076,576. 1.79% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Truist Financial boosted their price objective on shares of FTI Consulting from $165.00 to $180.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FTI Consulting in a research report on Monday, March 23rd. The Goldman Sachs Group set a $169.00 price target on FTI Consulting in a report on Tuesday, May 19th. Finally, Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price 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.