FTI Consulting, Inc. $FCN Shares Sold by American Century Companies Inc.

Key Points

• American Century Companies Inc. reduced its stake in FTI Consulting by 90.7%, selling 66,854 shares and owning only 6,875 shares at the end of the first quarter.
• FTI Consulting reported quarterly earnings of $2.13 per share, exceeding analysts' expectations of $1.87, although revenue was down 0.6% year-over-year.
• The company has set its full-year 2025 EPS guidance between $7.800 and $8.400, with analysts forecasting an 8.55 EPS for the current fiscal year.

American Century Companies Inc. lessened its holdings in FTI Consulting, Inc. (NYSE:FCN - Free Report) by 90.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,875 shares of the business services provider's stock after selling 66,854 shares during the quarter. American Century Companies Inc.'s holdings in FTI Consulting were worth $1,128,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in FTI Consulting by 24.1% in the fourth quarter. Jane Street Group LLC now owns 15,877 shares of the business services provider's stock valued at $3,035,000 after acquiring an additional 3,080 shares during the period. Ameriprise Financial Inc. lifted its holdings in FTI Consulting by 30.4% in the fourth quarter. Ameriprise Financial Inc. now owns 276,702 shares of the business services provider's stock valued at $52,886,000 after acquiring an additional 64,431 shares during the period. Benjamin Edwards Inc. acquired a new position in FTI Consulting in the fourth quarter valued at approximately $207,000. Baird Financial Group Inc. raised its stake in shares of FTI Consulting by 6.6% during the 4th quarter. Baird Financial Group Inc. now owns 8,924 shares of the business services provider's stock worth $1,706,000 after buying an additional 556 shares during the period. Finally, Captrust Financial Advisors raised its stake in shares of FTI Consulting by 21.1% during the 4th quarter. Captrust Financial Advisors now owns 5,446 shares of the business services provider's stock worth $1,041,000 after buying an additional 950 shares during the period. Hedge funds and other institutional investors own 99.36% of the company's stock.

FTI Consulting Price Performance

Shares of FCN stock traded up $0.02 during trading hours on Friday, hitting $168.49. 222,062 shares of the company's stock were exchanged, compared to its average volume of 264,934. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.25. The firm has a market cap of $5.45 billion, a P/E ratio of 23.73 and a beta of 0.21. The firm has a 50 day moving average of $167.16 and a two-hundred day moving average of $164.80. FTI Consulting, Inc. has a fifty-two week low of $151.75 and a fifty-two week high of $231.65.

FTI Consulting (NYSE:FCN - Get Free Report) last announced its earnings results on Thursday, July 24th. The business services provider reported $2.13 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.26. FTI Consulting had a return on equity of 12.88% and a net margin of 6.82%.The business had revenue of $943.66 million during the quarter, compared to the consensus estimate of $928.38 million. During the same period in the prior year, the company posted $2.34 EPS. The business's quarterly revenue was down .6% on a year-over-year basis. FTI Consulting has set its FY 2025 guidance at 7.800-8.400 EPS. Sell-side analysts forecast that FTI Consulting, Inc. will post 8.55 EPS for the current year.

About FTI Consulting

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.