FTI Consulting, Inc. $FCN Shares Acquired by CX Institutional

Key Points

• CX Institutional significantly increased its holdings in FTI Consulting by 122.9% during Q2, totaling 37,136 shares valued at approximately $5.997 million.
• FTI Consulting's recent earnings report showed an EPS of $2.13, exceeding analysts' expectations of $1.87, with quarterly revenues of $943.66 million.
• Institutional investors currently hold 99.36% of FTI Consulting's shares, indicating strong institutional interest in the company.

CX Institutional increased its position in FTI Consulting, Inc. (NYSE:FCN - Free Report) by 122.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 37,136 shares of the business services provider's stock after buying an additional 20,476 shares during the period. CX Institutional owned about 0.11% of FTI Consulting worth $5,997,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of FTI Consulting by 0.9% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,415,254 shares of the business services provider's stock worth $560,375,000 after purchasing an additional 28,968 shares in the last quarter. Victory Capital Management Inc. grew its holdings in FTI Consulting by 11.0% during the 1st quarter. Victory Capital Management Inc. now owns 1,549,781 shares of the business services provider's stock valued at $254,288,000 after buying an additional 153,523 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of FTI Consulting by 6.9% during the first quarter. Dimensional Fund Advisors LP now owns 749,244 shares of the business services provider's stock valued at $122,929,000 after buying an additional 48,211 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of FTI Consulting by 0.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 441,760 shares of the business services provider's stock valued at $72,484,000 after buying an additional 2,952 shares during the last quarter. Finally, Van Berkom & Associates Inc. increased its position in shares of FTI Consulting by 10.4% during the 1st quarter. Van Berkom & Associates Inc. now owns 430,873 shares of the business services provider's stock valued at $70,698,000 after purchasing an additional 40,546 shares during the last quarter. 99.36% of the stock is owned by institutional investors.

FTI Consulting Trading Down 1.3%

FTI Consulting stock traded down $2.16 during mid-day trading on Monday, hitting $159.58. The company's stock had a trading volume of 409,312 shares, compared to its average volume of 365,322. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.11 and a current ratio of 2.11. The company has a 50 day moving average of $167.08 and a 200-day moving average of $164.67. FTI Consulting, Inc. has a one year low of $151.75 and a one year high of $231.65. The stock has a market cap of $5.16 billion, a PE ratio of 22.48 and a beta of 0.21.

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

FTI Consulting Company Profile

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.