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

Legal & General Group Plc purchased a new stake in FTI Consulting, Inc. (NYSE:FCN) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 43,063 shares of the business services provider’s stock, valued at approximately $6,417,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FCN. IFP Advisors Inc raised its position 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 acquiring an additional 150 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of FTI Consulting by 1,278.6% in 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in FTI Consulting in the first quarter valued at approximately $33,000. Global Retirement Partners LLC bought a new stake in FTI Consulting in the second quarter valued at approximately $37,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in FTI Consulting by 4,400.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 270 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 264 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock.

FTI Consulting Stock Down 0.9%

Shares of NYSE:FCN opened at $149.96 on Thursday. 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 2.03. The business’s 50-day moving average is $155.22 and its 200-day moving average is $161.45. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 18.13 and a beta of -0.05.

FTI Consulting (NYSE:FCN) last released its earnings results on Thursday, July 30th. The business services provider reported $2.16 EPS for the quarter, missing the consensus estimate of $2.17 by ($0.01). The business had revenue of $993.46 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the business earned $2.13 EPS. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. Equities research analysts predict that FTI Consulting, Inc. will post 9.25 earnings per share for the current year.

FTI Consulting declared that its board has initiated a share buyback 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 buy up to 7.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several research firms have issued reports on FCN. 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 price objective 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 data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus 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.