FTI Consulting, Inc. $FCN Stock Holdings Boosted by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its FTI Consulting stake by 14,388.5% in the second quarter, acquiring 5.33 million additional shares. It now owns 19.43% of the company, valued at approximately $799.3 million.
• FTI Consulting reported quarterly revenue of $993.46 million, up 5.3% year over year, but earnings per share of $2.16 narrowly missed estimates. The company provided fiscal 2026 EPS guidance of $8.70 to $9.30.
• The board authorized a $370 million share-repurchase program, allowing buybacks of up to 7.9% of outstanding shares. Despite the buyback, analysts maintain a consensus “Hold” rating with a $174.50 price target.

California State Teachers Retirement System boosted its position in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 14,388.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,364,211 shares of the business services provider's stock after buying an additional 5,327,187 shares during the quarter. California State Teachers Retirement System owned 19.43% of FTI Consulting worth $799,321,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FCN. IFP Advisors Inc boosted its stake in shares of FTI Consulting by 1,666.7% during the 4th quarter. IFP Advisors Inc now owns 159 shares of the business services provider's stock worth $27,000 after acquiring an additional 150 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of FTI Consulting by 1,278.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider's stock worth $31,000 after purchasing an additional 179 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of FTI Consulting during the first quarter worth $33,000. Global Retirement Partners LLC purchased a new stake in shares of FTI Consulting during the fourth quarter valued at $41,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of FTI Consulting by 405.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 263 shares of the business services provider's stock valued at $45,000 after purchasing an additional 211 shares during the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

FTI Consulting Trading Down 0.3%

NYSE FCN opened at $147.61 on Monday. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.76. FTI Consulting, Inc. has a 1-year low of $137.65 and a 1-year high of $189.30. The firm's fifty day simple moving average is $155.41 and its 200-day simple moving average is $160.93. The company has a market capitalization of $4.08 billion, a PE ratio of 17.85 and a beta of -0.05.

FTI Consulting (NYSE:FCN - Get Free Report) last issued its quarterly earnings data 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). The business had revenue of $993.46 million for the quarter, compared to the consensus estimate of $992.75 million. FTI Consulting had a net margin of 6.44% and a return on equity of 15.91%. FTI Consulting's revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.13 EPS. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, sell-side analysts anticipate that FTI Consulting, Inc. will post 9.25 earnings per share for the current fiscal year.

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

Analyst Upgrades and Downgrades

FCN has been the topic of several analyst reports. The Goldman Sachs Group set a $169.00 target price on shares of FTI Consulting in a research report on Tuesday, May 19th. Weiss Ratings downgraded shares of FTI Consulting from a "hold (c)" rating to a "hold (c-)" rating in a research report on Wednesday, July 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, FTI Consulting presently has a consensus rating of "Hold" and a consensus target price of $174.50.

FTI Consulting Company Profile

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