Black Creek Investment Management significantly increased its commitment to FTI Consulting in the fourth quarter, purchasing 402,008 shares valued at $66.27 million and bringing its total stake to $183.17 million, or 9.1% of reportable assets under management. The substantial investment comes despite the consulting firm's stock declining 16% over the past year, suggesting the institutional investor sees value in the company's fundamental trajectory.
FTI Consulting has provided several indicators of operational strength that may support the investment thesis. The company reported record third-quarter revenue and subsequently raised its full-year 2025 earnings-per-share guidance, signaling management confidence in sustained earnings growth despite broader market headwinds affecting the sector.
The combination of increased institutional backing and improved financial guidance suggests investor confidence in FTI Consulting's ability to deliver durable earnings growth. For market participants focused on the consulting sector, the move underscores a potential disconnect between recent stock performance and the company's underlying business momentum.