Diamond Hill Capital Management LLC Investment Advisor Acquires Shares of 189,970 FTI Consulting, Inc. $FCN

Diamond Hill Capital Management LLC Investment Advisor bought a new stake in FTI Consulting, Inc. (NYSE:FCN) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 189,970 shares of the business services provider’s stock, valued at approximately $28,307,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada lifted its stake in FTI Consulting by 7.4% in 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 buying an additional 2,889 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in FTI Consulting by 4.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider’s stock worth $364,000 after buying an additional 103 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in FTI Consulting during the 1st quarter worth approximately $33,000. Millennium Management LLC acquired a new position in shares of FTI Consulting during the first quarter valued at approximately $15,802,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of FTI Consulting by 9.1% during the first 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 valued at $21,612,000 after acquiring an additional 10,980 shares during the last quarter. Hedge funds and other institutional investors own 99.36% of the company’s stock.

Wall Street Analysts Forecast Growth

FCN has been the topic of a number of 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. Wall Street Zen downgraded FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Truist Financial raised their price objective on FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a report on Monday, May 4th. Finally, The Goldman Sachs Group set a $169.00 target price on shares of FTI Consulting in a research note on Tuesday, May 19th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $174.50.

FTI Consulting Stock Down 0.2%

FCN stock opened at $151.51 on Monday. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 18.32 and a beta of -0.05. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.76. FTI Consulting, Inc. has a 12 month low of $137.65 and a 12 month high of $189.30. The firm has a 50-day moving average of $155.11 and a two-hundred day moving average of $163.40.

FTI Consulting (NYSE:FCN) last released its earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). The business had revenue of $993.46 million during the quarter, compared to analysts’ expectations of $992.75 million. FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the business earned $2.13 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, analysts forecast that FTI Consulting, Inc. will post 9.25 earnings per share for the current fiscal year.

FTI Consulting declared that its board has authorized a share buyback program on Friday, June 5th that authorizes the company to buyback $370.00 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 7.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

About FTI Consulting

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.