OMC stock icon

Omnicom Group
OMC

$92.27
0.57%

Market Cap: 18.1B

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 23 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

82% more call options, than puts

Call options by funds: $49.2M | Put options by funds: $27.1M

15% more capital invested

Capital invested by funds: $15.7B [Q4 2023] → $18B (+$2.29B) [Q1 2024]

1% less funds holding

Funds holding: 857 [Q4 2023] → 850 (-7) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 307 | Existing positions reduced: 325

7% less first-time investments, than exits

New positions opened: 91 | Existing positions closed: 98

13.46% less ownership

Funds ownership: 91.88% [Q4 2023] → 78.42% (-13.46%) [Q1 2024]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 4 (-1) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$91
1%
downside
Avg. target
$106
15%
upside
High target
$120
30%
upside

9 analyst ratings

positive
67%
neutral
33%
negative
0%
UBS
Adam Berlin
30%upside
$120
Buy
Maintained
18 Jul 2024
Macquarie
Tim Nollen
19%upside
$110
Outperform
Maintained
17 Jul 2024
Barclays
Julien Roch
19%upside
$110
Overweight
Upgraded
7 May 2024
JP Morgan
David Karnovsky
17%upside
$108
Overweight
Maintained
17 Apr 2024
Wells Fargo
Steven Cahall
15%upside
$106
Overweight
Upgraded
17 Apr 2024

Financial journalist opinion

Based on 23 articles about OMC published over the past 30 days