NEOS Investment Management LLC Purchases 7,245 Shares of Omnicom Group Inc. $OMC

NEOS Investment Management LLC increased its holdings in Omnicom Group Inc. (NYSE:OMCFree Report) by 79.4% in the 3rd quarter, Holdings Channel reports. The fund owned 16,366 shares of the business services provider’s stock after buying an additional 7,245 shares during the quarter. NEOS Investment Management LLC’s holdings in Omnicom Group were worth $1,334,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Merit Financial Group LLC increased its stake in shares of Omnicom Group by 36.3% during the third quarter. Merit Financial Group LLC now owns 10,427 shares of the business services provider’s stock valued at $850,000 after purchasing an additional 2,777 shares in the last quarter. Glenview Trust Co boosted its position in shares of Omnicom Group by 12.8% in the 3rd quarter. Glenview Trust Co now owns 42,702 shares of the business services provider’s stock worth $3,481,000 after purchasing an additional 4,849 shares in the last quarter. Texas Yale Capital Corp. purchased a new stake in shares of Omnicom Group in the 3rd quarter worth approximately $227,000. JPMorgan Chase & Co. increased its position in Omnicom Group by 30.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,107,021 shares of the business services provider’s stock valued at $660,969,000 after buying an additional 1,893,316 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D raised its stake in Omnicom Group by 4.0% during the third quarter. State of New Jersey Common Pension Fund D now owns 63,085 shares of the business services provider’s stock valued at $5,143,000 after buying an additional 2,404 shares during the last quarter. 91.97% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

OMC has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Omnicom Group in a research report on Thursday, January 22nd. Citigroup raised their price objective on shares of Omnicom Group from $103.00 to $115.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley assumed coverage on shares of Omnicom Group in a report on Tuesday, December 16th. They issued an “equal weight” rating and a $88.00 price objective for the company. UBS Group boosted their target price on Omnicom Group from $99.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Finally, Bank of America reaffirmed an “underperform” rating and set a $77.00 price target (down previously from $87.00) on shares of Omnicom Group in a report on Monday, January 5th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Omnicom Group presently has a consensus rating of “Hold” and an average price target of $93.86.

Read Our Latest Research Report on OMC

Omnicom Group Stock Performance

Shares of NYSE OMC opened at $83.20 on Friday. The stock has a market cap of $16.06 billion, a PE ratio of 169.80, a price-to-earnings-growth ratio of 1.22 and a beta of 0.74. Omnicom Group Inc. has a 1 year low of $66.33 and a 1 year high of $89.27. The firm has a fifty day moving average price of $77.10 and a 200-day moving average price of $76.37. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.92 and a quick ratio of 0.80.

Omnicom Group (NYSE:OMCGet Free Report) last issued its earnings results on Wednesday, February 18th. The business services provider reported $2.59 earnings per share for the quarter, missing the consensus estimate of $2.94 by ($0.35). The firm had revenue of $5.53 billion during the quarter, compared to the consensus estimate of $7.58 billion. Omnicom Group had a positive return on equity of 35.41% and a negative net margin of 0.32%.The company’s quarterly revenue was up 27.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.41 EPS. Equities analysts anticipate that Omnicom Group Inc. will post 8.25 earnings per share for the current fiscal year.

Omnicom Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Wednesday, March 11th will be given a dividend of $0.80 per share. The ex-dividend date is Wednesday, March 11th. This represents a $3.20 annualized dividend and a dividend yield of 3.8%. Omnicom Group’s dividend payout ratio (DPR) is currently 47.27%.

Omnicom Group announced that its Board of Directors has initiated a share repurchase plan on Wednesday, February 18th that authorizes the company to buyback $5.00 billion in shares. This buyback authorization authorizes the business services provider to repurchase up to 38.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

More Omnicom Group News

Here are the key news stories impacting Omnicom Group this week:

  • Positive Sentiment: Board-authorized $5.0 billion share repurchase program (includes a $2.5B accelerated repurchase) — large buyback signals management thinks shares are undervalued and directly reduces float, supporting the stock. Article Title
  • Positive Sentiment: Quarterly dividend declared: $0.80 per share (record March 11; payable April 9), boosting yield and making OMC more attractive to income investors. Article Title
  • Positive Sentiment: Analyst upgrade/target lift — Citi raised its price target to $115 and reaffirmed a Buy, implying meaningful upside versus recent levels and providing fresh analyst support. Article Title
  • Positive Sentiment: Management highlighted post‑merger integration progress (raised cost‑synergy targets) and scheduled an Investor Day (March 12), which together suggest clearer visibility on cost savings and strategy that could boost margins long term. Article Title
  • Positive Sentiment: Heavy institutional buying reported in recent filings — several large funds materially increased OMC positions during the quarter, which can support the stock and amplify a rally. Article Title
  • Neutral Sentiment: Market context: rotation toward high‑yield, cash‑rich dividend payers is boosting demand for names like Omnicom, as covered in recent pieces on dividend-focused strategies. Article Title
  • Negative Sentiment: Q4 results missed consensus on EPS ($2.59 vs. ~$2.94 est.) and headline net income was hurt by merger/one‑time costs — these reported misses and the accounting loss explain caution among some investors. Article Title

Omnicom Group Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding OMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omnicom Group Inc. (NYSE:OMCFree Report).

Institutional Ownership by Quarter for Omnicom Group (NYSE:OMC)

Receive News & Ratings for Omnicom Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omnicom Group and related companies with MarketBeat.com's FREE daily email newsletter.