Omnicom Group
About: Omnicom is a holding company that owns several advertising agencies and related firms. It provides traditional and digital advertising services that include creative design, market research, data analytics, and ad placement. In addition, Omnicom provides outsourced public relations and other communications services. The firm operates globally, providing services in more than 70 countries; it generates more than one half of its revenue in North America and nearly 30% in Europe.
Employees: 75,900
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
58% more call options, than puts
Call options by funds: $89.7M | Put options by funds: $56.8M
33% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 80
13% more capital invested
Capital invested by funds: $17.1B [Q2] → $19.3B (+$2.25B) [Q3]
3% more funds holding
Funds holding: 894 [Q2] → 920 (+26) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 347 | Existing positions reduced: 325
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
1.61% less ownership
Funds ownership: 97.23% [Q2] → 95.63% (-1.61%) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Macquarie Tim Nollen 76% 1-year accuracy 31 / 41 met price target | 33%upside $120 | Outperform Maintained | 11 Dec 2024 |
Wells Fargo Steven Cahall 63% 1-year accuracy 24 / 38 met price target | 10%upside $99 | Equal-Weight Maintained | 10 Dec 2024 |
Barclays Julien Roch 0% 1-year accuracy 0 / 2 met price target | 34%upside $121 | Overweight Maintained | 17 Oct 2024 |
Macquarie Tim Nollen 76% 1-year accuracy 31 / 41 met price target | 33%upside $120 | Outperform Maintained | 16 Oct 2024 |
JP Morgan David Karnovsky 63% 1-year accuracy 15 / 24 met price target | 32%upside $119 | Overweight Maintained | 16 Oct 2024 |
Financial journalist opinion
Based on 32 articles about OMC published over the past 30 days