Interpublic Group of Companies
About: Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates about 65% of revenue in the US and 17% in the UK and Europe.
Employees: 56,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
59% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $9.26M
12% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 258
6.81% more ownership
Funds ownership: 97.29% [Q1] → 104.11% (+6.81%) [Q2]
2% less funds holding
Funds holding: 711 [Q1] → 700 (-11) [Q2]
11% less capital invested
Capital invested by funds: $12.8B [Q1] → $11.4B (-$1.34B) [Q2]
13% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 83
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Barclays Julien Roch 0 / 0 met price target | 8%upside $33 | Equal-Weight Maintained | 2 Oct 2024 |
JP Morgan David Karnovsky 67% 1-year accuracy 8 / 12 met price target | 10%upside $33 | Neutral Downgraded | 1 Oct 2024 |
UBS Adam Berlin 0% 1-year accuracy 0 / 1 met price target | 4%downside $29 | Sell Downgraded | 12 Sept 2024 |
B of A Securities Adrien de Saint Hilaire 33% 1-year accuracy 1 / 3 met price target | 16%upside $35 | Buy Maintained | 5 Sept 2024 |
Barclays Julien Roch 0 / 0 met price target | 13%upside $34 | Equal-Weight Maintained | 25 Jul 2024 |
Financial journalist opinion
Based on 12 articles about IPG published over the past 30 days
