Omnicom Group (NYSE:OMC – Free Report) had its price target boosted by Morgan Stanley from $83.00 to $85.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an equal weight rating on the business services provider’s stock.
Other equities research analysts have also issued reports about the stock. Weiss Ratings raised shares of Omnicom Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 30th. Wells Fargo & Company upped their target price on Omnicom Group from $93.00 to $97.00 and gave the company an “overweight” rating in a research report on Friday. JPMorgan Chase & Co. reduced their target price on Omnicom Group from $115.00 to $111.00 and set an “overweight” rating for the company in a research note on Friday. Argus upgraded Omnicom Group to a “hold” rating in a research note on Monday, September 14th. Finally, Barclays reduced their price target on Omnicom Group from $90.00 to $88.00 and set an “equal weight” rating for the company in a report on Friday, October 9th. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $100.78.
Get Our Latest Analysis on OMC
Omnicom Group Trading Up 0.0%
Shares of Omnicom Group stock opened at $82.72 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.78 and a debt-to-equity ratio of 0.97. Omnicom Group has a 12-month low of $66.33 and a 12-month high of $89.57. The firm has a market capitalization of $22.69 billion, a price-to-earnings ratio of 46.21, a PEG ratio of 0.71 and a beta of 0.68. The firm’s 50 day simple moving average is $80.43 and its two-hundred day simple moving average is $78.54.
Omnicom Group (NYSE:OMC – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The business services provider reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.67 by $0.06. The business had revenue of $6.42 billion during the quarter, compared to analysts’ expectations of $6.21 billion. Omnicom Group had a net margin of 2.85% and a return on equity of 24.29%. The business’s quarterly revenue was up 59.1% on a year-over-year basis. During the same quarter last year, the company posted $2.24 earnings per share. Analysts predict that Omnicom Group will post 10.33 EPS for the current year.
Insider Activity
In related news, Director Linda Rice sold 1,385 shares of Omnicom Group stock in a transaction on Monday, August 24th. The shares were sold at an average price of $88.73, for a total value of $122,891.05. Following the sale, the director owned 11,719 shares of the company’s stock, valued at approximately $1,039,826.87. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is owned by company insiders.
Institutional Investors Weigh In On Omnicom Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in Omnicom Group in the 2nd quarter valued at about $2,082,476,000. Bank of New York Mellon Corp acquired a new position in shares of Omnicom Group during the 2nd quarter worth approximately $914,156,000. Nykredit A S acquired a new position in shares of Omnicom Group during the 2nd quarter worth approximately $126,937,000. Pacer Advisors Inc. boosted its holdings in shares of Omnicom Group by 116.2% during the 1st quarter. Pacer Advisors Inc. now owns 2,847,575 shares of the business services provider’s stock worth $214,451,000 after purchasing an additional 1,530,743 shares during the last quarter. Finally, Deutsche Bank AG purchased a new stake in shares of Omnicom Group in the second quarter valued at approximately $105,402,000. Hedge funds and other institutional investors own 91.97% of the company’s stock.
Key Stories Impacting Omnicom Group
Here are the key news stories impacting Omnicom Group this week:
- Positive Sentiment: Q3 results exceeded expectations. Omnicom reported $6.42 billion in revenue versus approximately $6.21 billion expected. Non-GAAP adjusted EPS was $2.73, ahead of the roughly $2.67-$2.68 consensus and up from $2.24 a year earlier. Omnicom Reports Third Quarter 2026 Results
- Positive Sentiment: Organic growth and margins strengthened. Core-operations revenue rose 7.2% organically, while adjusted EBITA reached $1.1 billion with an 18.2% margin. Management also expects approximately $900 million of cost-reduction synergies in 2026, supporting the investment case. OMC Q3 Earnings Beat Estimates
- Positive Sentiment: Shareholder returns provided additional support. Omnicom repurchased about $3.2 billion of stock during the first nine months, while the company continues integrating IPG following its 2025 acquisition.
- Positive Sentiment: Some analysts raised targets. Wells Fargo increased its target from $93 to $97 and maintained an overweight rating. Morgan Stanley raised its target from $83 to $85, although it retained an equal-weight rating.
- Neutral Sentiment: JPMorgan remained bullish but reduced its target. The firm cut its target from $115 to $111 while maintaining an overweight rating, indicating continued upside but somewhat lower expectations.
- Negative Sentiment: Goldman Sachs also lowered its target, reducing it from $141 to $130. The cuts highlight ongoing uncertainty around acquisition integration, valuation and the sustainability of post-merger growth, despite the strong quarter.
Omnicom Group Company Profile
Omnicom Group Inc is a global marketing and communications company that provides advertising, media, branding, public relations, customer relationship management, and digital marketing services. The company works with organizations across industries to develop brand strategies, create content, manage media campaigns, and engage customers through traditional and digital channels.
Omnicom operates through a network of independently branded agencies, including BBDO Worldwide, DDB Worldwide, TBWA Worldwide, Omnicom Media Group, FleishmanHillard, Ketchum, Porter Novelli, RAPP, and several specialized healthcare, experiential, and data-driven marketing agencies.
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