Louisiana State Employees Retirement System Sells 400 Shares of FTI Consulting, Inc. $FCN

Louisiana State Employees Retirement System decreased its holdings in FTI Consulting, Inc. (NYSE:FCN) by 4.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,500 shares of the business services provider’s stock after selling 400 shares during the period. Louisiana State Employees Retirement System’s holdings in FTI Consulting were worth $1,534,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Marks Group Wealth Management Inc raised its stake in FTI Consulting by 1.9% in the second quarter. Marks Group Wealth Management Inc now owns 50,207 shares of the business services provider’s stock valued at $8,108,000 after buying an additional 938 shares during the period. Running Oak Capital LLC raised its stake in FTI Consulting by 8.4% in the second quarter. Running Oak Capital LLC now owns 96,942 shares of the business services provider’s stock valued at $15,656,000 after buying an additional 7,498 shares during the period. Tilia Fiduciary Partners Inc. raised its stake in FTI Consulting by 4.9% in the second quarter. Tilia Fiduciary Partners Inc. now owns 12,382 shares of the business services provider’s stock valued at $2,000,000 after buying an additional 581 shares during the period. Signaturefd LLC raised its stake in FTI Consulting by 67.8% in the second quarter. Signaturefd LLC now owns 344 shares of the business services provider’s stock valued at $56,000 after buying an additional 139 shares during the period. Finally, GAMMA Investing LLC raised its stake in FTI Consulting by 64.2% in the second quarter. GAMMA Investing LLC now owns 394 shares of the business services provider’s stock valued at $64,000 after buying an additional 154 shares during the period. Institutional investors own 99.36% of the company’s stock.

FTI Consulting Price Performance

Shares of NYSE FCN opened at $161.53 on Monday. The firm has a market cap of $5.23 billion, a P/E ratio of 22.75 and a beta of 0.16. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.25. FTI Consulting, Inc. has a 1-year low of $151.75 and a 1-year high of $231.65. The business’s 50 day moving average is $165.03 and its 200-day moving average is $164.40.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of FTI Consulting in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $175.50.

FTI Consulting Profile

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.