Renaissance Technologies LLC Has $8.17 Million Position in FTI Consulting, Inc. $FCN

Renaissance Technologies LLC cut its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 12.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,200 shares of the business services provider’s stock after selling 6,600 shares during the quarter. Renaissance Technologies LLC’s holdings in FTI Consulting were worth $8,167,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Royal Bank of Canada raised its holdings in FTI Consulting by 7.4% during the first quarter. Royal Bank of Canada now owns 41,795 shares of the business services provider’s stock worth $6,860,000 after acquiring an additional 2,889 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in FTI Consulting by 4.9% in the first quarter. Integrated Wealth Concepts LLC now owns 2,221 shares of the business services provider’s stock valued at $364,000 after purchasing an additional 103 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in FTI Consulting in the first quarter valued at approximately $33,000. Millennium Management LLC bought a new position in FTI Consulting in the first quarter valued at approximately $15,802,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of FTI Consulting by 9.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 131,716 shares of the business services provider’s stock worth $21,612,000 after purchasing an additional 10,980 shares during the last quarter. 99.36% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on FCN shares. Weiss Ratings downgraded FTI Consulting from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Truist Financial boosted their target price 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. The Goldman Sachs Group set a $169.00 price target on shares of FTI Consulting in a research report on Tuesday, May 19th. Finally, Wall Street Zen cut shares of FTI Consulting from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $174.50.

Insider Buying and Selling at FTI Consulting

In related news, insider Paul Alderman Linton acquired 2,400 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of $144.04 per share, for a total transaction of $345,696.00. Following the completion of the transaction, the insider directly owned 92,824 shares of the company’s stock, valued at approximately $13,370,368.96. The trade was a 2.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Steven Henry Gunby acquired 10,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of $144.17 per share, with a total value of $1,441,700.00. Following the completion of the transaction, the chief executive officer directly 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 disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 14,400 shares of company stock valued at $2,076,576 in the last three months. 1.80% of the stock is currently owned by company insiders.

FTI Consulting Price Performance

Shares of NYSE FCN opened at $158.62 on Tuesday. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.76. The business’s 50 day moving average price is $155.53 and its two-hundred day moving average price is $165.12. The company has a market cap of $4.78 billion, a PE ratio of 19.18 and a beta of -0.04. FTI Consulting, Inc. has a twelve month low of $137.65 and a twelve month high of $189.30.

FTI Consulting (NYSE:FCN) last released its quarterly earnings data 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 business had revenue of $993.46 million during the quarter, compared to analyst estimates of $992.75 million. During the same period in the previous year, the business earned $2.13 earnings per share. 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, analysts predict that FTI Consulting, Inc. will post 9.25 EPS for the current year.

FTI Consulting announced that its board has initiated a stock buyback plan on Friday, June 5th that permits the company to repurchase $370.00 million in shares. This repurchase authorization permits the business services provider to purchase up to 7.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors 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.