Bank of New York Mellon Corp Has $37.06 Million Holdings in FTI Consulting, Inc. $FCN

Bank of New York Mellon Corp increased its holdings in shares of FTI Consulting, Inc. (NYSE:FCN) by 2.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 209,668 shares of the business services provider’s stock after acquiring an additional 4,603 shares during the period. Bank of New York Mellon Corp owned about 0.70% of FTI Consulting worth $37,063,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Calamos Wealth Management LLC bought a new position in FTI Consulting in the 1st quarter valued at $310,000. Calamos Advisors LLC acquired a new position in FTI Consulting in the first quarter worth $310,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of FTI Consulting during the first quarter worth $415,000. State of Michigan Retirement System grew its holdings in shares of FTI Consulting by 2.8% during the first quarter. State of Michigan Retirement System now owns 7,304 shares of the business services provider’s stock worth $1,291,000 after purchasing an additional 200 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of FTI Consulting by 3.7% in the first quarter. Principal Financial Group Inc. now owns 67,552 shares of the business services provider’s stock valued at $11,941,000 after buying an additional 2,419 shares in the last quarter. 99.36% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Paul Alderman Linton purchased 2,400 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average price of $144.04 per share, with a total value of $345,696.00. Following the completion of the purchase, the insider directly owned 92,824 shares of the company’s stock, valued at $13,370,368.96. The trade was a 2.65% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Steven Henry Gunby purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average price of $144.17 per share, for a total transaction of $1,441,700.00. Following the acquisition, the chief executive officer owned 326,984 shares of the company’s stock, valued at $47,141,283.28. The trade was a 3.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 14,400 shares of company stock valued at $2,076,576 over the last 90 days. 1.80% of the stock is owned by company insiders.

FTI Consulting Stock Up 1.5%

NYSE:FCN opened at $159.86 on Friday. The stock’s fifty day moving average price is $154.42 and its two-hundred day moving average price is $165.77. FTI Consulting, Inc. has a 52-week low of $137.65 and a 52-week high of $189.30. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.30 and a current ratio of 2.30. The company has a market cap of $4.82 billion, a price-to-earnings ratio of 19.01 and a beta of -0.04.

FTI Consulting (NYSE:FCN) last announced its quarterly earnings data on Thursday, April 30th. The business services provider reported $1.90 EPS for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.21). The firm had revenue of $983.35 million during the quarter, compared to the consensus estimate of $971.17 million. FTI Consulting had a net margin of 6.88% and a return on equity of 15.14%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.29 earnings per share. FTI Consulting has set its FY 2026 guidance at 8.900-9.600 EPS. On average, analysts anticipate that FTI Consulting, Inc. will post 9.1 EPS for the current year.

FTI Consulting declared that its Board of Directors has initiated a stock repurchase plan on Friday, June 5th that allows the company to repurchase $370.00 million in outstanding shares. This repurchase authorization allows the business services provider to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

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

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.