BlackRock Inc. Makes New Investment in FTI Consulting, Inc. $FCN

Key Points

• BlackRock acquired 2.74 million FTI Consulting shares worth approximately $408.2 million, giving it a 9.92% stake. Institutional investors collectively own 99.36% of the company.
• FTI Consulting reported quarterly revenue of $993.46 million, up 5.3% year over year, while earnings per share of $2.16 narrowly missed estimates. The company provided fiscal 2026 EPS guidance of $8.70–$9.30.
• The company authorized a $370 million share-repurchase program, covering up to 7.9% of outstanding shares. Despite the buyback, analysts maintain a consensus “Hold” rating with a $174.50 price target.

BlackRock Inc. purchased a new position in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,739,429 shares of the business services provider's stock, valued at approximately $408,202,000. BlackRock Inc. owned approximately 9.92% of FTI Consulting at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Diamond Hill Capital Management Inc. grew its stake in FTI Consulting by 36.6% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 211,015 shares of the business services provider's stock worth $36,048,000 after acquiring an additional 56,586 shares during the period. Black Creek Investment Management Inc. lifted its stake 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. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of FTI Consulting during the 2nd quarter worth $28,307,000. WINTON GROUP Ltd acquired a new stake in shares of FTI Consulting during the fourth quarter worth $7,530,000. Finally, Marks Group Wealth Management Inc boosted its holdings in shares of FTI Consulting by 59.5% during the first quarter. Marks Group Wealth Management Inc now owns 37,144 shares of the business services provider's stock worth $6,566,000 after purchasing an additional 13,856 shares during the last quarter. Institutional investors and hedge funds own 99.36% of the company's stock.

FTI Consulting Stock Down 2.4%

Shares of NYSE FCN opened at $151.74 on Wednesday. The stock has a market capitalization of $4.19 billion, a PE ratio of 18.35 and a beta of -0.05. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. The firm has a fifty day moving average of $154.45 and a 200-day moving average of $162.26. FTI Consulting, Inc. has a 52-week low of $137.65 and a 52-week high of $189.30.

FTI Consulting (NYSE:FCN - Get Free Report) last issued its earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.17 by ($0.01). FTI Consulting had a return on equity of 15.91% and a net margin of 6.44%.The firm had revenue of $993.46 million during the quarter, compared to analysts' expectations of $992.75 million. During the same period last year, the business posted $2.13 earnings per share. The company's quarterly revenue 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, analysts anticipate that FTI Consulting, Inc. will post 9.25 EPS for the current year.

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

Analyst Upgrades and Downgrades

FCN has been the subject of several analyst reports. Wall Street Zen lowered FTI Consulting from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 price target on FTI Consulting in a research note on Tuesday, May 19th. Weiss Ratings cut FTI Consulting from a "hold (c)" rating to a "hold (c-)" rating in a report on Wednesday, July 8th. Finally, Truist Financial upped 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. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $174.50.

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.

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