Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Omnicom Group Inc. (NYSE:OMC – Free Report) by 200.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 37,845 shares of the business services provider’s stock after purchasing an additional 25,236 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Omnicom Group were worth $2,850,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Activest Wealth Management increased its holdings in shares of Omnicom Group by 2,960.0% in the fourth quarter. Activest Wealth Management now owns 306 shares of the business services provider’s stock worth $25,000 after acquiring an additional 296 shares in the last quarter. Bayforest Capital Ltd acquired a new position in Omnicom Group in the 4th quarter valued at $26,000. Elyxium Wealth LLC bought a new stake in shares of Omnicom Group during the 4th quarter worth approximately $26,000. Legacy Wealth Managment LLC ID boosted its stake in Omnicom Group by 111.4% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 334 shares of the business services provider’s stock valued at $27,000 after buying an additional 176 shares in the last quarter. Finally, EFG International AG bought a new stake in shares of Omnicom Group during the fourth quarter worth $28,000. Institutional investors own 91.97% of the company’s stock.
Omnicom Group News Summary
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
Analysts Set New Price Targets
Read Our Latest Research Report on Omnicom Group
Omnicom Group Stock Performance
Shares of OMC stock opened at $79.59 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.77 and a current ratio of 0.91. The stock has a 50 day moving average price of $77.21 and a two-hundred day moving average price of $76.88. The company has a market capitalization of $22.68 billion, a P/E ratio of 68.61, a PEG 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 posted its earnings results on Tuesday, July 28th. The business services provider reported $2.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.67 by ($0.02). The business had revenue of $6.56 billion during the quarter, compared to the consensus estimate of $6.44 billion. Omnicom Group had a return on equity of 25.38% and a net margin of 1.74%.The firm’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.05 earnings per share. Analysts expect that Omnicom Group Inc. will post 10.89 earnings per share for the current year.
Omnicom Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Friday, September 18th will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Friday, September 18th. This represents a $3.20 annualized dividend and a yield of 4.0%. Omnicom Group’s payout ratio is presently 275.86%.
Omnicom Group Profile
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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