Public Employees Retirement System of Ohio Takes $1.36 Million Position in FTI Consulting, Inc. $FCN

Public Employees Retirement System of Ohio purchased a new position in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,131 shares of the business services provider's stock, valued at approximately $1,361,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Diamond Hill Capital Management Inc. increased its stake in shares of FTI Consulting by 36.6% during 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 purchasing an additional 56,586 shares in the last quarter. Black Creek Investment Management Inc. raised its position 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 last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in FTI Consulting in the 2nd quarter valued at approximately $28,307,000. WINTON GROUP Ltd purchased a new stake in FTI Consulting in the 4th quarter valued at approximately $7,530,000. Finally, Marks Group Wealth Management Inc grew its holdings in FTI Consulting by 59.5% during the 1st quarter. Marks Group Wealth Management Inc now owns 37,144 shares of the business services provider's stock valued at $6,566,000 after buying an additional 13,856 shares during the last quarter. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

FTI Consulting Stock Performance

NYSE:FCN opened at $151.52 on Tuesday. The firm has a 50 day simple moving average of $155.53 and a 200-day simple moving average of $161.24. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.03 and a quick ratio of 2.03. The firm has a market cap of $4.18 billion, a PE ratio of 18.32 and a beta of -0.05. FTI Consulting, Inc. has a 1-year low of $137.65 and a 1-year high of $189.30.

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

FTI Consulting announced that its board has initiated a stock repurchase program on Friday, June 5th that allows the company to buyback $370.00 million in outstanding shares. This buyback authorization allows the business services provider to buy up to 7.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are 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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