SCHEDULE: FMR LLC Discloses 5.1% Stake in FTI Consulting

FMR LLC, through its subsidiaries and affiliates, has reported beneficial ownership of 5.1% of FTI Consulting Inc.'s common stock as of March 31, 2026.

Summary

• FMR LLC, along with its subsidiaries and affiliates (collectively, "FMR Reporters"), has filed a Schedule 13G indicating beneficial ownership of 1,546,983.52 shares of FTI Consulting Inc. common stock.
• This holding represents 5.1% of the total outstanding common stock of FTI Consulting Inc. as of March 31, 2026.
• The filing is made by FMR LLC, a Delaware entity, and Abigail P. Johnson, a U.S. citizen.
• FMR LLC is classified as an investment adviser (IA) and potentially a parent holding company.
• Abigail P. Johnson is identified as an insider (IN) and is a Director, Chairman, and CEO of FMR LLC.
• The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It reports a change in beneficial ownership by a large institutional investor, which is a standard regulatory disclosure and does not inherently signal positive or negative performance for FTI Consulting.

Positives

• FMR LLC, a significant investment management firm, has taken a notable stake in FTI Consulting, potentially signaling confidence in the company's future prospects.
• The filing indicates that the shares were acquired in the ordinary course of business, suggesting a standard investment strategy rather than a hostile takeover attempt.

Negatives

• The filing does not contain any negative financial results or operational challenges for FTI Consulting; it solely reports a change in beneficial ownership.

Risks

• While not explicitly stated as a risk in this filing, any significant shift in beneficial ownership by a large institutional investor could lead to increased market scrutiny and potential volatility.
• The filing mentions that members of the Johnson family may be deemed to form a controlling group with respect to FMR LLC, which could have implications for corporate governance if FMR LLC's stake were to increase significantly.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding FTI Consulting's future performance.

Management Comments

• "This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the 'FMR Reporters')."
• "Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC."
• "Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC."
• "Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors like FMR LLC when their ownership stake in a public company crosses a reporting threshold. This filing indicates FMR LLC's significant investment in the business consulting and services sector, where FTI Consulting operates.

Corporate Governance

Stakeholder Impact

• Shareholders: The increased institutional ownership by FMR LLC may be viewed positively by some shareholders, indicating confidence from a major asset manager. However, it also means a larger portion of the company is held by a single entity.
• Management: FTI Consulting's management will be aware of FMR LLC's significant stake, which could influence future strategic discussions or board composition if ownership levels change further.
• Employees: No direct impact on employees is indicated by this filing.

Next Steps

• FMR LLC will continue to monitor its beneficial ownership of FTI Consulting Inc. common stock and may, from time to time, acquire additional shares or dispose of shares.
• FTI Consulting Inc. will continue its business operations as usual, subject to market conditions and strategic initiatives.

Key Dates

Keywords

FTI Consulting, Schedule 13G, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Investment Management, Common Stock, Securities Filing