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 Q2 SEC filings by fund managers ($100M+ AUM)
175% more call options, than puts
Call options by funds: $53.4M | Put options by funds: $19.4M
33% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 73
16.42% more ownership
Funds ownership: 79.34% [Q1] → 95.76% (+16.42%) [Q2]
16% more repeat investments, than reductions
Existing positions increased: 353 | Existing positions reduced: 305
3% more funds holding
Funds holding: 868 [Q1] → 892 (+24) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
8% less capital invested
Capital invested by funds: $18.2B [Q1] → $16.8B (-$1.4B) [Q2]
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 | 19%upside $121 | Overweight Maintained | 17 Oct 2024 |
Macquarie Tim Nollen 61% 1-year accuracy 14 / 23 met price target | 18%upside $120 | Outperform Maintained | 16 Oct 2024 |
JP Morgan David Karnovsky 67% 1-year accuracy 8 / 12 met price target | 17%upside $119 | Overweight Maintained | 16 Oct 2024 |
UBS Adam Berlin 0% 1-year accuracy 0 / 1 met price target | 22%upside $124 | Buy Maintained | 16 Oct 2024 |
Wells Fargo Steven Cahall 58% 1-year accuracy 18 / 31 met price target | 8%upside $110 | Equal-Weight Downgraded | 16 Oct 2024 |
Financial journalist opinion
Based on 19 articles about OMC published over the past 30 days
