HighTower Advisors LLC Has $389,000 Stake in FTI Consulting, Inc. $FCN

HighTower Advisors LLC trimmed its stake in FTI Consulting, Inc. (NYSE:FCN) by 27.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,372 shares of the business services provider’s stock after selling 884 shares during the quarter. HighTower Advisors LLC’s holdings in FTI Consulting were worth $389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in FCN. Isthmus Partners LLC increased its stake in FTI Consulting by 2.7% in the 1st quarter. Isthmus Partners LLC now owns 2,402 shares of the business services provider’s stock valued at $394,000 after buying an additional 63 shares during the period. Signaturefd LLC grew its holdings in shares of FTI Consulting by 65.3% during the 1st quarter. Signaturefd LLC now owns 205 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 81 shares in the last quarter. Mayfair Advisory Group LLC increased its stake in shares of FTI Consulting by 7.3% in the first quarter. Mayfair Advisory Group LLC now owns 1,309 shares of the business services provider’s stock worth $215,000 after acquiring an additional 89 shares during the last quarter. State of Michigan Retirement System raised its holdings in shares of FTI Consulting by 1.2% during the first quarter. State of Michigan Retirement System now owns 8,504 shares of the business services provider’s stock worth $1,395,000 after acquiring an additional 100 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its position in FTI Consulting by 1.0% during the first quarter. Louisiana State Employees Retirement System now owns 9,900 shares of the business services provider’s stock valued at $1,624,000 after purchasing an additional 100 shares during the last quarter. 99.36% of the stock is currently owned by institutional investors and hedge funds.

FTI Consulting Stock Performance

Shares of NYSE FCN opened at $168.57 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.11 and a quick ratio of 2.11. FTI Consulting, Inc. has a one year low of $151.75 and a one year high of $231.65. The business’s 50-day moving average price is $166.60 and its two-hundred day moving average price is $165.20. The company has a market capitalization of $5.45 billion, a P/E ratio of 23.74 and a beta of 0.21.

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

About FTI Consulting

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.