Ancora Advisors LLC Has $3.39 Million Stake in FTI Consulting, Inc. $FCN

Key Points

• Ancora Advisors increased its FTI Consulting stake by 1,594.9% in the second quarter, owning 22,745 shares valued at approximately $3.39 million. Institutional investors and hedge funds collectively own 99.36% of the company.
• FTI Consulting reported quarterly revenue of $993.46 million, up 5.3% year over year, while EPS of $2.16 narrowly missed the $2.17 consensus estimate. Analysts maintain a consensus “Hold” rating with a $174.50 price target.
• The company authorized a $370 million stock buyback, allowing repurchases of up to 7.9% of outstanding shares. FCN recently traded at $151.08, below its 52-week high of $189.30.

Ancora Advisors LLC grew its position in FTI Consulting, Inc. (NYSE:FCN - Free Report) by 1,594.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,745 shares of the business services provider's stock after purchasing an additional 21,403 shares during the period. Ancora Advisors LLC owned approximately 0.08% of FTI Consulting worth $3,389,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. SJS Investment Consulting Inc. grew its stake in shares of FTI Consulting by 5.3% during 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 in the last quarter. Ethic Inc. boosted its stake in shares of FTI Consulting by 4.7% during the 4th quarter. Ethic Inc. now owns 1,938 shares of the business services provider's stock worth $331,000 after buying an additional 87 shares during the last quarter. Petros Family Wealth LLC increased its position in shares of FTI Consulting by 5.6% in the first quarter. Petros Family Wealth LLC now owns 1,727 shares of the business services provider's stock valued at $305,000 after acquiring an additional 92 shares during the last quarter. SkyView Investment Advisors LLC increased its position 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 acquiring an additional 92 shares during the last quarter. Finally, Sepio Capital LP raised its holdings in FTI Consulting by 3.2% during the fourth quarter. Sepio Capital LP now owns 3,172 shares of the business services provider's stock worth $542,000 after acquiring an additional 99 shares in the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group set a $169.00 target price on shares of FTI Consulting in a report on Tuesday, May 19th. Weiss Ratings cut shares of FTI Consulting from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, July 8th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $174.50.

FTI Consulting Stock Up 0.3%

FCN stock opened at $151.08 on Wednesday. FTI Consulting, Inc. has a 1-year low of $137.65 and a 1-year high of $189.30. The business's 50 day simple moving average is $155.11 and its 200 day simple moving average is $161.52. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $4.17 billion, a PE ratio of 18.27 and a beta of -0.05.

FTI Consulting (NYSE:FCN - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.17 by ($0.01). FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The business had revenue of $993.46 million for the quarter, compared to analyst estimates of $992.75 million. During the same period in the prior year, the business earned $2.13 EPS. The company's revenue for the quarter was up 5.3% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, research analysts anticipate that FTI Consulting, Inc. will post 9.25 EPS for the current year.

FTI Consulting announced that its Board of Directors has initiated a stock buyback program on Friday, June 5th that authorizes the company to buyback $370.00 million in shares. This buyback authorization authorizes the business services provider to repurchase up to 7.9% of its stock through open market purchases. Stock buyback programs are usually 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.

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