Torray Investment Partners LLC Has $1.51 Million Stake in FTI Consulting, Inc. $FCN

Torray Investment Partners LLC raised its position in FTI Consulting, Inc. (NYSE:FCN) by 57.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,361 shares of the business services provider’s stock after acquiring an additional 3,417 shares during the quarter. Torray Investment Partners LLC’s holdings in FTI Consulting were worth $1,513,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of FCN. CWA Asset Management Group LLC increased its stake in shares of FTI Consulting by 108.5% during the 3rd quarter. CWA Asset Management Group LLC now owns 117,717 shares of the business services provider’s stock worth $19,029,000 after purchasing an additional 61,266 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in FTI Consulting by 6.1% during the third quarter. SJS Investment Consulting Inc. now owns 1,277 shares of the business services provider’s stock worth $206,000 after purchasing an additional 73 shares during the period. Fort Washington Investment Advisors Inc. OH acquired a new position in FTI Consulting during the third quarter worth approximately $200,000. Marathon Asset Management Ltd raised its stake in FTI Consulting by 7.1% in the third quarter. Marathon Asset Management Ltd now owns 56,830 shares of the business services provider’s stock valued at $9,186,000 after buying an additional 3,769 shares during the period. Finally, CWM LLC lifted its position in shares of FTI Consulting by 29.2% in the third quarter. CWM LLC now owns 429 shares of the business services provider’s stock valued at $69,000 after buying an additional 97 shares during the last quarter. Institutional investors own 99.36% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FCN. Truist Financial decreased their target price on FTI Consulting from $178.00 to $165.00 and set a “hold” rating on the stock in a report on Thursday, October 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of FTI Consulting in a report on Wednesday, December 24th. Finally, Wall Street Zen raised shares of FTI Consulting from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $169.00.

Insiders Place Their Bets

In other FTI Consulting news, CEO Steven Henry Gunby acquired 7,500 shares of the business’s stock in a transaction on Friday, October 24th. The stock was purchased at an average price of $151.12 per share, with a total value of $1,133,400.00. Following the acquisition, the chief executive officer directly owned 294,007 shares of the company’s stock, valued at approximately $44,430,337.84. This trade represents a 2.62% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.79% of the stock is owned by company insiders.

FTI Consulting Stock Performance

Shares of NYSE FCN opened at $179.41 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 22.85 and a beta of 0.09. The stock’s fifty day moving average price is $168.27 and its two-hundred day moving average price is $165.50. FTI Consulting, Inc. has a one year low of $149.31 and a one year high of $204.69.

FTI Consulting (NYSE:FCN) last posted its earnings results on Thursday, October 23rd. The business services provider reported $2.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $0.67. The company had revenue of $956.17 million during the quarter, compared to the consensus estimate of $941.19 million. FTI Consulting had a return on equity of 14.49% and a net margin of 7.20%.The company’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.85 earnings per share. FTI Consulting has set its FY 2025 guidance at 8.200-8.70 EPS. On average, equities analysts forecast that FTI Consulting, Inc. will post 8.55 EPS for the current year.

FTI Consulting announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, October 21st that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the business services provider to purchase up to 9.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

About FTI Consulting

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.