Bull Harbor Capital LLC bought a new stake in Omnicom Group Inc. (NYSE:OMC – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,797 shares of the business services provider’s stock, valued at approximately $888,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Deprince Race & Zollo Inc. grew its position in shares of Omnicom Group by 34.0% during the fourth quarter. Deprince Race & Zollo Inc. now owns 524,037 shares of the business services provider’s stock worth $42,316,000 after acquiring an additional 133,093 shares during the last quarter. LBP AM SA boosted its stake in Omnicom Group by 24.2% during the 4th quarter. LBP AM SA now owns 149,672 shares of the business services provider’s stock worth $12,086,000 after purchasing an additional 29,195 shares during the period. Ascent Group LLC acquired a new stake in Omnicom Group during the 4th quarter worth $1,486,000. Berger Financial Group Inc purchased a new position in Omnicom Group during the 4th quarter worth $5,564,000. Finally, Resona Asset Management Co. Ltd. grew its position in Omnicom Group by 55.4% during the 4th quarter. Resona Asset Management Co. Ltd. now owns 98,842 shares of the business services provider’s stock worth $7,976,000 after purchasing an additional 35,247 shares during the last quarter. 91.97% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on OMC shares. Citigroup reduced their target price on shares of Omnicom Group from $105.00 to $100.00 and set a “buy” rating for the company in a report on Thursday. Wells Fargo & Company upped their price objective on Omnicom Group from $91.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday. Rothschild & Co Redburn started coverage on Omnicom Group in a research note on Thursday, May 28th. They issued a “neutral” rating and a $89.00 target price on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Omnicom Group in a research note on Friday, May 22nd. Finally, Morgan Stanley increased their price target on Omnicom Group from $82.00 to $83.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Omnicom Group currently has a consensus rating of “Hold” and a consensus price target of $99.00.
Key Omnicom Group News
Here are the key news stories impacting Omnicom Group this week:
- Positive Sentiment: Analysts remain bullish: Citigroup maintained a “buy” rating while lowering its price target from $105 to $100, implying substantial upside. Wells Fargo also raised its target from $91 to $93 and reiterated an “overweight” rating. Benzinga analyst price target updates
- Positive Sentiment: Q2 revenue exceeded expectations: Omnicom reported $6.56 billion in revenue, above the $6.44 billion consensus estimate, with year-over-year growth benefiting significantly from the Interpublic acquisition. The company also raised its 2026 organic revenue-growth outlook. Omnicom Q2 earnings report
- Positive Sentiment: Synergy potential supports the longer-term story: Management highlighted expected benefits from integrating Interpublic, including opportunities for cost synergies and stronger client offerings. Omnicom earnings call and synergies
Omnicom Group Stock Performance
NYSE:OMC opened at $79.59 on Friday. The firm’s fifty day simple moving average is $77.21 and its 200-day simple moving average is $76.88. The company has a quick ratio of 0.77, a current ratio of 0.91 and a debt-to-equity ratio of 0.99. The stock has a market cap of $22.68 billion, a PE ratio of 68.61, a price-to-earnings-growth ratio of 0.50 and a beta of 0.63. Omnicom Group Inc. has a fifty-two week low of $66.33 and a fifty-two week high of $87.41.
Omnicom Group (NYSE:OMC – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $2.65 EPS for the quarter, missing the consensus estimate of $2.67 by ($0.02). The company had revenue of $6.56 billion during the quarter, compared to analyst estimates of $6.44 billion. Omnicom Group had a net margin of 1.74% and a return on equity of 25.38%. The firm’s revenue for the quarter was up 63.4% on a year-over-year basis. During the same quarter last year, the business earned $2.05 EPS. Analysts expect that Omnicom Group Inc. will post 10.89 earnings per share for the current fiscal year.
Omnicom Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 18th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, September 18th. Omnicom Group’s dividend payout ratio (DPR) is presently 820.51%.
About Omnicom Group
Omnicom Group Inc (NYSE: OMC) is a global marketing and corporate communications holding company headquartered in New York City. Founded in 1986 through the merger of the BBDO, DDB and Needham Harper agencies, Omnicom has built a portfolio of leading brands and networks serving clients across diverse industries.
The company’s primary business activities encompass advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations, and customer relationship management.
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