OneDigital Investment Advisors LLC Takes Position in FTI Consulting, Inc. $FCN

Key Points

• OneDigital Investment Advisors purchased 7,174 FTI Consulting shares worth approximately $1.07 million in the second quarter. Institutional investors collectively own 99.36% of FCN’s outstanding stock.
• FTI Consulting reported quarterly revenue of $993.46 million, up 5.3% year over year, while EPS of $2.16 narrowly missed analysts’ $2.17 estimate. Analysts maintain a consensus “Hold” rating with an average price target of $174.50.
• The company authorized a $370 million stock buyback, allowing repurchases of up to 7.9% of outstanding shares. FCN opened at $149.57, below its 50-day and 200-day moving averages.

OneDigital Investment Advisors LLC purchased a new position in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,174 shares of the business services provider's stock, valued at approximately $1,069,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FCN. IFP Advisors Inc lifted its holdings in 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 buying an additional 150 shares during the last quarter. Torren Management LLC acquired a new position in FTI Consulting during the 4th quarter valued at about $30,000. Caitong International Asset Management Co. Ltd grew its holdings in FTI Consulting by 1,278.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 193 shares of the business services provider's stock worth $31,000 after buying an additional 179 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in FTI Consulting in the 1st quarter valued at approximately $33,000. Finally, Global Retirement Partners LLC acquired a new stake in FTI Consulting in the 4th quarter valued at approximately $41,000. 99.36% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FCN shares. The Goldman Sachs Group set a $169.00 price target on FTI Consulting in a research report on Tuesday, May 19th. Wall Street Zen lowered FTI Consulting from a "buy" rating to a "hold" rating in a report on Saturday, May 2nd. Weiss Ratings cut shares of FTI Consulting from a "hold (c)" rating to a "hold (c-)" rating in a research note 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 stock a "hold" rating in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $174.50.

FTI Consulting Stock Down 1.5%

FCN opened at $149.57 on Tuesday. 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 company has a market capitalization of $4.13 billion, a PE ratio of 18.09 and a beta of -0.05. The stock's fifty day moving average is $154.93 and its 200-day moving average is $163.17. FTI Consulting, Inc. has a one year low of $137.65 and a one year high of $189.30.

FTI Consulting (NYSE:FCN - Get Free Report) last released its earnings results on Thursday, July 30th. The business services provider reported $2.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $992.75 million. During the same period in the previous year, the firm earned $2.13 earnings per share. FTI Consulting's revenue was up 5.3% on a year-over-year basis. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. On average, equities analysts predict that FTI Consulting, Inc. will post 9.25 EPS for the current fiscal year.

FTI Consulting declared that its board has initiated a stock buyback program 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 reacquire up to 7.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is 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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