Quantinno Capital Management LP Has $45.34 Million Stock Holdings in FTI Consulting, Inc. $FCN

Quantinno Capital Management LP boosted its position in shares of FTI Consulting, Inc. (NYSE:FCN) by 141.6% during the 1st quarter, HoldingsChannel reports. The fund owned 256,490 shares of the business services provider’s stock after buying an additional 150,348 shares during the quarter. Quantinno Capital Management LP’s holdings in FTI Consulting were worth $45,340,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its position in shares of FTI Consulting by 5.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,358 shares of the business services provider’s stock worth $240,000 after acquiring an additional 68 shares during the period. Ethic Inc. increased its position in shares of FTI Consulting by 4.7% during the fourth quarter. Ethic Inc. now owns 1,938 shares of the business services provider’s stock valued at $331,000 after purchasing an additional 87 shares during the period. Petros Family Wealth LLC increased its position in shares of FTI Consulting by 5.6% during the first quarter. Petros Family Wealth LLC now owns 1,727 shares of the business services provider’s stock valued at $305,000 after purchasing an additional 92 shares during the period. SkyView Investment Advisors LLC raised its stake in shares of FTI Consulting by 0.9% in the fourth quarter. SkyView Investment Advisors LLC now owns 10,074 shares of the business services provider’s stock valued at $1,721,000 after purchasing an additional 92 shares in the last quarter. Finally, Sepio Capital LP raised its stake in shares of FTI Consulting by 3.2% in the fourth quarter. Sepio Capital LP now owns 3,172 shares of the business services provider’s stock valued at $542,000 after purchasing an additional 99 shares in the last quarter. 99.36% of the stock is currently owned by institutional investors.

Insider Buying and Selling at FTI Consulting

In related news, insider Paul Alderman Linton purchased 2,400 shares of the stock in a transaction on Wednesday, May 13th. The shares were purchased 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 directly owned 92,824 shares of the company’s stock, valued at approximately $13,370,368.96. The trade was a 2.65% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Eun Nam acquired 2,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average price 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 represents a 10.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 14,400 shares of company stock worth $2,076,576 over the last three months. Company insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

FCN has been the subject of several research reports. Wall Street Zen cut FTI Consulting from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings lowered shares of FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Truist Financial increased their price objective on shares of FTI Consulting from $165.00 to $180.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Finally, The Goldman Sachs Group set a $169.00 price objective on shares of FTI Consulting in a report on Tuesday, May 19th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, FTI Consulting presently has a consensus rating of “Hold” and an average target price of $174.50.

FTI Consulting Trading Up 2.0%

FCN stock opened at $170.51 on Thursday. FTI Consulting, Inc. has a 1-year low of $137.65 and a 1-year high of $189.30. The firm has a market cap of $5.14 billion, a P/E ratio of 20.27 and a beta of -0.04. The business’s 50 day moving average is $155.14 and its 200-day moving average is $165.46. The company has a current ratio of 2.30, a quick ratio of 2.30 and a debt-to-equity ratio of 0.45.

FTI Consulting (NYSE:FCN) last posted its earnings results on Thursday, April 30th. The business services provider reported $1.90 EPS for the quarter, missing the consensus estimate of $2.11 by ($0.21). The company had revenue of $983.35 million for the quarter, compared to the consensus estimate of $971.17 million. FTI Consulting had a return on equity of 15.14% and a net margin of 6.88%.FTI Consulting’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.29 EPS. Equities analysts anticipate that FTI Consulting, Inc. will post 9.1 earnings per share for the current fiscal year.

FTI Consulting declared that its Board of Directors has initiated a stock repurchase plan on Friday, June 5th that permits the company to buyback $370.00 million in shares. This buyback authorization permits the business services provider to purchase up to 7.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

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.