Norges Bank Invests $61.14 Million in FTI Consulting, Inc. $FCN

Norges Bank purchased a new position in shares of FTI Consulting, Inc. (NYSE:FCN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 357,883 shares of the business services provider’s stock, valued at approximately $61,137,000.

Other institutional investors also recently modified their holdings of the company. IFP Advisors Inc increased its holdings in shares of FTI Consulting by 1,666.7% during the fourth quarter. IFP Advisors Inc now owns 159 shares of the business services provider’s stock worth $27,000 after buying an additional 150 shares in the last quarter. Torren Management LLC acquired a new position in shares of FTI Consulting during the fourth quarter worth $30,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of 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 buying an additional 179 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of FTI Consulting in the first quarter worth $33,000. Finally, Global Retirement Partners LLC bought a new stake in shares of FTI Consulting in the fourth quarter worth $41,000. 99.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Steven Henry Gunby acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of $144.17 per share, for a total transaction of $1,441,700.00. Following the completion of the acquisition, the chief executive officer owned 326,984 shares of the company’s stock, valued at approximately $47,141,283.28. This trade represents a 3.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Eun Nam acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $144.59 per share, for a total transaction of $289,180.00. Following the acquisition, 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. Over the last 90 days, insiders have purchased 14,400 shares of company stock worth $2,076,576. Company insiders own 1.79% of the company’s stock.

Wall Street Analysts Forecast Growth

FCN has been the topic of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of FTI Consulting in a research note on Monday, March 23rd. Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Truist Financial upped their price target on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Finally, The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a research report on Tuesday, May 19th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, FTI Consulting currently has a consensus rating of “Hold” and a consensus price target of $174.50.

FTI Consulting Stock Performance

Shares of FCN opened at $159.76 on Monday. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $4.82 billion, a P/E ratio of 19.00 and a beta of -0.04. The firm’s fifty day simple moving average is $168.37 and its two-hundred day simple moving average is $169.40. FTI Consulting, Inc. has a 12 month low of $140.84 and a 12 month high of $189.30.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.90 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.21). FTI Consulting had a net margin of 6.88% and a return on equity of 15.14%. The company had revenue of $983.35 million for the quarter, compared to analyst estimates of $971.17 million. During the same quarter in the prior year, the company posted $2.29 EPS. FTI Consulting’s revenue for the quarter was up 9.5% on a year-over-year basis. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. As a group, analysts predict that FTI Consulting, Inc. will post 9.1 EPS for the current year.

FTI Consulting declared that its Board of Directors has authorized a stock repurchase plan 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 stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

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.