Hsbc Holdings PLC Buys 3,963 Shares of FTI Consulting, Inc. $FCN

Key Points

• Hsbc Holdings PLC increased its stake in FTI Consulting by 45.3%, acquiring an additional 3,963 shares during the first quarter, bringing its total holdings to 12,702 shares valued at approximately $2,083,000.
• Several institutional investors, including Quantbot Technologies and Dimensional Fund Advisors, also increased their holdings significantly, reflecting strong institutional confidence in FTI Consulting.
• FTI Consulting reported $2.13 EPS for the last quarter, surpassing estimates and has set its FY 2025 guidance in the range of 7.800-8.400 EPS.

Hsbc Holdings PLC increased its stake in FTI Consulting, Inc. (NYSE:FCN - Free Report) by 45.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,702 shares of the business services provider's stock after purchasing an additional 3,963 shares during the period. Hsbc Holdings PLC's holdings in FTI Consulting were worth $2,083,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Quantbot Technologies LP increased its position in shares of FTI Consulting by 195.1% in the first quarter. Quantbot Technologies LP now owns 17,526 shares of the business services provider's stock worth $2,876,000 after purchasing an additional 11,587 shares during the last quarter. Ethic Inc. increased its position in shares of FTI Consulting by 113.1% in the first quarter. Ethic Inc. now owns 3,762 shares of the business services provider's stock worth $617,000 after purchasing an additional 1,997 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of FTI Consulting by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 749,244 shares of the business services provider's stock worth $122,929,000 after purchasing an additional 48,211 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its position in shares of FTI Consulting by 92.9% during the 1st quarter. Vestmark Advisory Solutions Inc. now owns 47,104 shares of the business services provider's stock valued at $7,729,000 after purchasing an additional 22,686 shares during the last quarter. Finally, Boston Partners increased its position in shares of FTI Consulting by 67.3% during the 1st quarter. Boston Partners now owns 226,574 shares of the business services provider's stock valued at $37,286,000 after purchasing an additional 91,182 shares during the last quarter. 99.36% of the stock is currently owned by institutional investors.

FTI Consulting Price Performance

Shares of FTI Consulting stock opened at $170.02 on Thursday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $5.50 billion, a PE ratio of 23.95 and a beta of 0.18. The business's 50-day moving average price is $166.12 and its 200-day moving average price is $166.04. FTI Consulting, Inc. has a 12 month low of $151.75 and a 12 month high of $231.65.

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

FTI Consulting 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.

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