Empirical Finance LLC Purchases Shares of 3,727 FTI Consulting, Inc. $FCN

Empirical Finance LLC acquired a new position in FTI Consulting, Inc. (NYSE:FCN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,727 shares of the business services provider’s stock, valued at approximately $555,000.

Several other institutional investors have also recently modified their holdings of FCN. Diamond Hill Capital Management Inc. boosted its stake in FTI Consulting by 36.6% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 211,015 shares of the business services provider’s stock worth $36,048,000 after buying an additional 56,586 shares in the last quarter. Black Creek Investment Management Inc. raised its stake in shares of FTI Consulting by 60.0% during the fourth quarter. Black Creek Investment Management Inc. now owns 1,072,250 shares of the business services provider’s stock worth $183,172,000 after acquiring an additional 402,008 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of FTI Consulting during the second quarter worth approximately $28,307,000. WINTON GROUP Ltd bought a new stake in shares of FTI Consulting in the 4th quarter worth approximately $7,530,000. Finally, Marks Group Wealth Management Inc lifted its holdings in shares of FTI Consulting by 59.5% in the 1st quarter. Marks Group Wealth Management Inc now owns 37,144 shares of the business services provider’s stock worth $6,566,000 after acquiring an additional 13,856 shares during the last quarter. 99.36% of the stock is currently owned by institutional investors.

FTI Consulting Stock Down 0.4%

Shares of FTI Consulting stock opened at $150.28 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.03 and a current ratio of 2.03. FTI Consulting, Inc. has a 52-week low of $137.65 and a 52-week high of $189.30. The company’s 50 day moving average price is $155.53 and its 200-day moving average price is $160.99. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 18.17 and a beta of -0.05.

FTI Consulting (NYSE:FCN) last posted its quarterly 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). The firm had revenue of $993.46 million for the quarter, compared to the consensus estimate of $992.75 million. FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.13 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. Equities research analysts forecast that FTI Consulting, Inc. will post 9.25 EPS for the current year.

FTI Consulting announced that its board has initiated a stock buyback 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 purchase up to 7.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

FCN has been the topic of several recent research reports. Weiss Ratings lowered shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. The Goldman Sachs Group set a $169.00 target price on shares of FTI Consulting in a research report 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 a consensus price target of $174.50.

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.