Lazard Asset Management LLC grew its holdings in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 380.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,829 shares of the business services provider’s stock after buying an additional 13,327 shares during the period. Lazard Asset Management LLC’s holdings in FTI Consulting were worth $2,975,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of FTI Consulting by 1,666.7% in the 4th quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 150 shares during the last quarter. Torren Management LLC purchased a new position in FTI Consulting in the fourth quarter worth about $30,000. Caitong International Asset Management Co. Ltd increased its stake in FTI Consulting by 1,278.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider’s stock worth $31,000 after acquiring an additional 179 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in FTI Consulting during the first quarter worth approximately $33,000. Finally, Global Retirement Partners LLC bought a new stake in FTI Consulting during the fourth quarter worth approximately $41,000. 99.36% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. The Goldman Sachs Group set a $169.00 price objective on FTI Consulting in a research note on Tuesday, May 19th. Truist Financial boosted their target price on FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Weiss Ratings lowered FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Finally, Wall Street Zen lowered shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, FTI Consulting has an average rating of “Hold” and an average target price of $174.50.
FTI Consulting Stock Down 2.7%
Shares of NYSE:FCN opened at $159.68 on Friday. The firm has a market capitalization of $4.81 billion, a PE ratio of 19.31 and a beta of -0.04. The business has a 50 day simple moving average of $155.45 and a two-hundred day simple moving average of $165.33. 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 0.76, a current ratio of 2.03 and a quick ratio of 2.30.
FTI Consulting (NYSE:FCN – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.17 by ($0.01). FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The business had revenue of $993.46 million during the quarter, compared to analysts’ expectations of $992.75 million. During the same quarter in the previous year, the company posted $2.13 earnings per share. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. On average, equities analysts predict that FTI Consulting, Inc. will post 9.25 EPS for the current year.
FTI Consulting announced that its board has initiated 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 repurchase up to 7.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.
Insider Buying and Selling at FTI Consulting
In other FTI Consulting news, insider Paul Alderman Linton bought 2,400 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average cost of $144.04 per share, for a total transaction of $345,696.00. Following the completion of the transaction, the insider owned 92,824 shares in the company, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Eun Nam bought 2,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were bought at an average cost of $144.59 per share, with a total value of $289,180.00. Following the completion of the purchase, the chief financial officer directly owned 21,592 shares of the company’s stock, valued at approximately $3,121,987.28. This trade represents a 10.21% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 14,400 shares of company stock valued at $2,076,576 in the last quarter. 1.80% of the stock is owned by insiders.
Key FTI Consulting News
Here are the key news stories impacting FTI Consulting this week:
- Positive Sentiment: Second-quarter revenue reached a record $993.5 million, up 5.3% year over year and broadly in line with analyst expectations. Growth was led by Corporate Finance, Technology, and Forensic and Litigation Consulting. FTI Consulting Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Adjusted EPS increased to $2.16 from $2.13 a year earlier after excluding $6.6 million of extraordinary litigation-related expenses. Operating cash flow improved sharply to $152.3 million for the quarter, supporting capital returns. FTI Consulting Posts Record Q2 Revenue, Reaffirms 2026 Outlook
- Positive Sentiment: FTI Consulting repurchased approximately 2.6 million shares for $390.9 million during the quarter and has about $344 million remaining under its buyback authorization, potentially supporting per-share results.
- Neutral Sentiment: The company reaffirmed 2026 revenue guidance of $3.94 billion to $4.10 billion and introduced adjusted EPS guidance of $9.10 to $9.70, indicating confidence in underlying operations.
- Negative Sentiment: Adjusted EPS of $2.16 missed the $2.26 consensus estimate, while revenue was slightly below the $997.6 million consensus. GAAP diluted EPS fell to $1.99 from $2.13, and net income declined to $57.8 million from $71.7 million.
- Negative Sentiment: Full-year GAAP EPS guidance was reduced to $8.70-$9.30 from $8.90-$9.60, below the roughly $9.23 analyst expectation. Management attributed the gap partly to anticipated litigation-related expenses.
- Negative Sentiment: Adjusted EBITDA fell to $104.5 million from $111.6 million, reducing the margin to 10.5% from 11.8%. Higher compensation, selling expenses, interest costs, and weakness in Economic Consulting pressured profitability. Net debt also increased substantially as buybacks were funded with debt.
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.
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