Bank of New York Mellon Corp Makes New $28.36 Million Investment in FTI Consulting, Inc. $FCN

Key Points

• Bank of New York Mellon initiated a $28.36 million position in FTI Consulting, purchasing 190,338 shares, or approximately 0.69% of the company. Institutional investors and hedge funds collectively own 99.36% of FCN.
• FTI Consulting reported quarterly revenue of $993.46 million, up 5.3% year over year, while earnings of $2.16 per share narrowly missed estimates. The company maintained fiscal 2026 EPS guidance of $8.70–$9.30.
• Analysts maintain a consensus “Hold” rating with an average price target of $174.50. FTI also authorized a $370 million share-repurchase program, covering up to 7.9% of outstanding shares.

Bank of New York Mellon Corp purchased a new stake in FTI Consulting, Inc. (NYSE:FCN - Free Report) in the second quarter, according to its most recent filing with the SEC. The fund purchased 190,338 shares of the business services provider's stock, valued at approximately $28,362,000. Bank of New York Mellon Corp owned about 0.69% of FTI Consulting at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FCN. Victory Capital Management Inc. boosted its holdings in FTI Consulting by 44.6% in the fourth quarter. Victory Capital Management Inc. now owns 1,634,051 shares of the business services provider's stock worth $279,145,000 after purchasing an additional 503,885 shares during the period. Black Creek Investment Management Inc. raised its position in shares of FTI Consulting by 60.0% during the 4th quarter. Black Creek Investment Management Inc. now owns 1,072,250 shares of the business services provider's stock worth $183,172,000 after purchasing an additional 402,008 shares during the period. Dimensional Fund Advisors LP raised its position in shares of FTI Consulting by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 921,218 shares of the business services provider's stock worth $162,836,000 after purchasing an additional 59,524 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of FTI Consulting by 14.0% in the 3rd quarter. Alliancebernstein L.P. now owns 785,657 shares of the business services provider's stock worth $127,001,000 after purchasing an additional 96,723 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of FTI Consulting by 2.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 525,577 shares of the business services provider's stock worth $89,786,000 after purchasing an additional 13,840 shares during the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

FTI Consulting Trading Up 1.3%

Shares of NYSE:FCN opened at $153.95 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.03 and a current ratio of 2.03. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of 18.62 and a beta of -0.05. FTI Consulting, Inc. has a 1-year low of $137.65 and a 1-year high of $189.30. The company has a 50 day moving average price of $154.76 and a 200 day moving average price of $161.83.

FTI Consulting (NYSE:FCN - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share for the quarter, missing analysts' consensus estimates of $2.17 by ($0.01). FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. The company had revenue of $993.46 million during the quarter, compared to analyst estimates of $992.75 million. During the same quarter last 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. On average, research analysts anticipate that FTI Consulting, Inc. will post 9.25 EPS for the current fiscal year.

FTI Consulting announced that its Board of Directors has initiated a stock repurchase program on Friday, June 5th that allows the company to repurchase $370.00 million in shares. This repurchase authorization allows the business services provider to purchase up to 7.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are 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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