Royal Bank of Canada Increases Stock Position in FTI Consulting, Inc. $FCN

Key Points

• Royal Bank of Canada increased its FTI Consulting stake by 19.2% in the first quarter to 63,501 shares valued at approximately $11.2 million. Institutional investors collectively own 99.36% of the company.
• 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 share-repurchase program, covering up to 7.9% of outstanding shares, while insiders—including the CEO—purchased shares worth roughly $2.1 million over the past 90 days.

Royal Bank of Canada raised its holdings in shares of FTI Consulting, Inc. (NYSE:FCN - Free Report) by 19.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 63,501 shares of the business services provider's stock after purchasing an additional 10,211 shares during the period. Royal Bank of Canada owned approximately 0.21% of FTI Consulting worth $11,226,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. IFP Advisors Inc raised its stake in shares of FTI Consulting by 1,666.7% in the fourth quarter. IFP Advisors Inc now owns 159 shares of the business services provider's stock worth $27,000 after purchasing an additional 150 shares during the last quarter. Torren Management LLC purchased a new stake in shares of FTI Consulting during the fourth quarter valued at $30,000. Caitong International Asset Management Co. Ltd increased 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. bought a new stake in FTI Consulting in the 1st quarter worth about $33,000. Finally, Global Retirement Partners LLC purchased a new position in FTI Consulting in the 4th quarter worth about $41,000. Institutional investors own 99.36% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on FCN shares. 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. Wall Street Zen lowered shares of FTI Consulting from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. The Goldman Sachs Group set a $169.00 price objective on shares of FTI Consulting in a report on Tuesday, May 19th. Finally, Truist Financial increased their price objective on shares of FTI Consulting from $165.00 to $180.00 and gave the company a "hold" rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, FTI Consulting has an average rating of "Hold" and a consensus price target of $174.50.

FTI Consulting Stock Up 0.3%

FCN stock opened at $151.26 on Friday. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 18.29 and a beta of -0.05. 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 business's 50-day moving average is $155.48 and its two-hundred day moving average is $164.53. FTI Consulting, Inc. has a fifty-two week low of $137.65 and a fifty-two week high of $189.30.

FTI Consulting (NYSE:FCN - Get Free Report) last released its quarterly 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 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 the consensus estimate of $992.75 million. During the same quarter in the prior year, the firm earned $2.13 earnings per share. The company's revenue for the quarter was up 5.3% compared to the same quarter last year. FTI Consulting has set its FY 2026 guidance at 8.700-9.300 EPS. As a group, analysts forecast that FTI Consulting, Inc. will post 9.25 earnings per share for the current year.

FTI Consulting declared that its Board of Directors has approved a share buyback program on Friday, June 5th that authorizes the company to repurchase $370.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to repurchase up to 7.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

Insider Activity at FTI Consulting

In other FTI Consulting news, CEO Steven Henry Gunby purchased 10,000 shares of the firm's stock in a transaction on Wednesday, May 13th. The shares were acquired at an average cost of $144.17 per share, for a total transaction of $1,441,700.00. Following the completion of the transaction, the chief executive officer owned 326,984 shares of the company's stock, valued at approximately $47,141,283.28. The trade was a 3.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Paul Alderman Linton purchased 2,400 shares of the company's stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average price of $144.04 per share, for a total transaction of $345,696.00. Following the purchase, the insider directly owned 92,824 shares in the company, valued at approximately $13,370,368.96. The trade was a 2.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 14,400 shares of company stock worth $2,076,576. 1.80% of the stock is owned by company insiders.

FTI Consulting Company 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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