Omnicom Group (NYSE:OMC) Given New $85.00 Price Target at Morgan Stanley
by Danessa Lincoln · The Markets DailyOmnicom Group (NYSE:OMC – Get Free Report) had its price objective hoisted by Morgan Stanley from $83.00 to $85.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an “equal weight” rating on the business services provider’s stock. Morgan Stanley‘s price objective indicates a potential upside of 3.42% from the company’s current price.
A number of other research analysts have also recently commented on OMC. Weiss Ratings upgraded Omnicom Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 30th. Barclays decreased their target price on Omnicom Group from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Friday, October 9th. Zacks Research raised Omnicom Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. JPMorgan Chase & Co. reduced their target price on shares of Omnicom Group from $115.00 to $111.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Citigroup lowered their price objective on Omnicom Group from $105.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $100.78.
Read Our Latest Report on Omnicom Group
Omnicom Group Price Performance
NYSE OMC traded down $0.37 on Friday, hitting $82.19. The company had a trading volume of 2,750,921 shares, compared to its average volume of 4,021,694. The company’s fifty day moving average price is $80.52 and its 200-day moving average price is $78.50. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.92 and a quick ratio of 0.78. The company has a market capitalization of $22.55 billion, a PE ratio of 70.78, a PEG ratio of 0.68 and a beta of 0.68. Omnicom Group has a 12-month low of $66.33 and a 12-month high of $89.57.
Omnicom Group (NYSE:OMC – Get Free Report) last released its earnings results on Friday, October 23rd. The business services provider reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.67 by $0.06. Omnicom Group had a net margin of 1.74% and a return on equity of 24.73%. The business had revenue of $6.42 billion during the quarter, compared to analyst estimates of $6.21 billion. During the same quarter in the prior year, the firm earned $2.24 earnings per share. The company’s revenue for the quarter was up 59.1% compared to the same quarter last year. As a group, analysts predict that Omnicom Group will post 10.50 earnings per share for the current year.
Insiders Place Their Bets
In other Omnicom Group news, Director Linda Rice sold 1,385 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $88.73, for a total transaction of $122,891.05. Following the completion of the sale, the director directly 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. Insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Omnicom Group
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Kendall Capital Management raised its holdings in Omnicom Group by 4.7% during the third quarter. Kendall Capital Management now owns 133,275 shares of the business services provider’s stock worth $9,813,000 after purchasing an additional 5,953 shares during the last quarter. RWC Asset Management LLP raised its stake in shares of Omnicom Group by 10.8% during the 3rd quarter. RWC Asset Management LLP now owns 881,342 shares of the business services provider’s stock worth $64,893,000 after buying an additional 86,210 shares during the last quarter. Tectonic Advisors LLC boosted its position in shares of Omnicom Group by 14.3% in the 3rd quarter. Tectonic Advisors LLC now owns 9,597 shares of the business services provider’s stock worth $707,000 after buying an additional 1,203 shares in the last quarter. Old North State Wealth Management LLC boosted its position in shares of Omnicom Group by 2.9% in the 3rd quarter. Old North State Wealth Management LLC now owns 32,581 shares of the business services provider’s stock worth $2,401,000 after buying an additional 911 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in Omnicom Group by 1.8% in the 3rd quarter. Brookstone Capital Management now owns 9,511 shares of the business services provider’s stock valued at $700,000 after acquiring an additional 165 shares during the last quarter. 91.97% of the stock is owned by institutional investors and hedge funds.
Omnicom Group News Roundup
Here are the key news stories impacting Omnicom Group this week:
- Positive Sentiment: Q3 results exceeded expectations. Omnicom reported $6.42 billion in revenue, up 59.1% year over year and above the $6.21 billion consensus estimate. Adjusted EPS was $2.73, beating expectations near $2.67-$2.68, while reported diluted EPS was $2.38 versus $1.75 a year earlier. Omnicom Reports Third Quarter 2026 Results
- Positive Sentiment: Organic growth and margins accelerated. Core-operations revenue reached approximately $6.0 billion, with 7.2% organic growth in the quarter and a 5.8% increase year to date. Adjusted EBITA rose to about $1.1 billion, with an 18.2% core-operations margin, supported by media growth and integration synergies. Omnicom Q3 Earnings Call Highlights
- Positive Sentiment: Cost savings and capital returns are supporting sentiment. Management expects roughly $900 million of cost-reduction synergies in 2026, while share repurchases totaled $3.2 billion through the first nine months. These factors could support earnings and per-share results as IPG integration progresses.
- Positive Sentiment: Wells Fargo raised its price target from $93 to $97 and maintained an “overweight” rating, implying meaningful upside based on the referenced share price.
- Neutral Sentiment: Analyst opinion is mixed. Goldman Sachs reduced its target from $141 to $130, while JPMorgan lowered its target from $115 to $111. Both targets remain above the current trading level, but the reductions may temper enthusiasm.
- Neutral Sentiment: Omnicom also provided an update on its previously announced share-repurchase program. Investors will focus on whether continued buybacks and synergies can offset integration risks and sustain the improved growth rate.
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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