JP Morgan reiterated coverage of Omnicom with a rating of Overweight and set a new price target of $119.00 from $118.00 previously

Wells Fargo downgraded Omnicom from Overweight to Equal Weight and set a new price target of $110.00 from $106.00 previously

Barclays upgraded Omnicom from Equal Weight to Overweight and set a new price target of $110.00 from $100.00 previously

Wells Fargo upgraded Omnicom from Equal Weight to Overweight and set a new price target of $106.00 from $91.00 previously

Macquarie reiterated coverage of Omnicom with a rating of Outperform and set a new price target of $110.00 from $100.00 previously

Exane BNP Paribas upgraded Omnicom from Neutral to Outperform and set a new price target of $115.00

JP Morgan reiterated coverage of Omnicom with a rating of Overweight and set a new price target of $104.00 from $106.00 previously

Wells Fargo reiterated coverage of Omnicom with a rating of Equal Weight and set a new price target of $91.00 from $85.00 previously

UBS initiated coverage of Omnicom with a rating of Buy and set a new price target of $117.00

Macquarie upgraded Omnicom from Neutral to Outperform

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector. Omnicom Group Inc. (NYSE:OMC) Dividend Yield: 3.05% JP Morgan analyst David

UBS analyst Adam Berlin maintains Omnicom Group (NYSE:OMC) with a Buy and raises the price target from $117 to $120.

Macquarie analyst Tim Nollen maintains Omnicom Group (NYSE:OMC) with a Outperform and maintains $110 price target.

Omnicom Group Inc. (NYSE:OMC) shares are trading lower today after the company reported second-quarter FY24 results. Revenue rose 6.8% Y/Y to $3.85 billion, beating the consensus of $3.82 billion. This was led by an organic growth of 5.2% Y/Y. Acquisition revenue (net of disposition revenue) increased revenue by 2.6% Y/Y, led by Flywheel Digital's acquisition in the Precision Marketing discipline, and the impact of foreign currency translation reduced revenue by 1.0%. Adjusted EBITA rose 5.5% Y/Y to $589.6 million, with the margin decreasing to 15.3% from 15.5% a year ago. Adjusted EPS of $1.95 beat the consensus of $1.93. Organic growth by discipline – 17.6% Y/Y in Experiential,

Omnicom Group (NYSE:OMC) reported quarterly earnings of $1.95 per share which beat the analyst consensus estimate of $1.93 by 1.04 percent. The company reported quarterly sales of $3.900 billion which beat the analyst consensus estimate of $3.819 billion by 2.13 percent. This is a 8.04 percent increase over sales of $3.610 billion the same period last year.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector. Shutterstock, Inc. (NASDAQ:SSTK) Dividend Yield: 3.02% Truist Securities analyst Youssef Squali maintained a Buy rat

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector. AT&T Inc. (NYSE:T) Dividend Yield: 6.05% Scotiabank analyst Maher Yaghi maintained a Sector Outperform rating and ra

Revenue of $3.9 billion, with organic growth of 6.5% Net income of $385.9 million Diluted earnings per share of $1.95; $2.03 Non-GAAP adjusted Operating income of $600.1 million; EBITA of $622.3 million and 16.0% margin NEW YORK, Oct. 15, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) today announced results for the quarter ended September 30, 2024. "Omnicom delivered a strong quarter, with 6.5% organic revenue growth, and 7.9% EBITA growth. We did so while continuing to strengthen our organization by investing in talent, service capabilities, and technology platforms to enhance our client offerings," said John Wren, Chairman and Chief Executive Officer of Omnicom. "Our cash flow improved, and we

NEW YORK, Oct. 8, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) will publish its third quarter 2024 results on Tuesday, October 15, 2024 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, October 15, 2024, starting at 4:30 p.m. Eastern Time. A live webcast of the call will be available at Omnicom's investor relations website, investor.omnicomgroup.com, along with the related earnings press release and slide presentation. A webcast replay will be made available after the call concludes. About O

NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Omnicom (NYSE: OMC) today announced its precision marketing division, Omnicom Precision Marketing Group (OPMG), acquired LeapPoint, a digital advisory firm focused on helping organizations improve the orchestration and performance of their entire marketing lifecycle. The move is part of OPMG's strategic efforts to offer the industry's most comprehensive end-to-end content solution, empowering marketers to accelerate workflows and deliver personalized experiences to their customers at speed and scale.   Led by Co-Founder and CEO Nik DeBenedetto, LeapPoint helps Fortune 1000 enterprises optimize the performance of their marketing organizations by strat

NEW YORK, July 18, 2024 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock. The dividend is payable on October 11, 2024 to Omnicom common shareholders of record at the close of business on September 20, 2024. About OmnicomOmnicom (NYSE: OMC) is a leading provider of data-inspired, creative marketing and sales solutions. Omnicom's iconic agency brands are home to the industry's most innovative communications specialists who are focused on driving intelligent business out

Revenue of $3.9 billion, with organic growth of 5.2% Net income of $328.1 million Diluted earnings per share of $1.65; $1.95 Non-GAAP adjusted Non-GAAP adjusted EBITA of $589.6 million and 15.3% margin NEW YORK, July 16, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) today announced results for the quarter ended June 30, 2024. "Our 5.2% organic growth in the second quarter drove solid growth in adjusted EBITA & EPS, with good performance in our larger markets and disciplines," said John Wren, Chairman and Chief Executive Officer of Omnicom. "With the rapid adoption of Gen AI, creativity and talent matter more than ever to address the breadth and complexity of consumers.  To serve our clients with

NEW YORK, July 9, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) will publish its second quarter results on Tuesday, July 16, 2024 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, July 16, 2024, starting at 4:30 p.m. Eastern Time. A live webcast of the call will be available at Omnicom's investor relations website, investor.omnicomgroup.com, along with the related earnings press release and slide presentation. A webcast replay will be made available after the call concludes. About Omnicom Omn

NEW YORK, May 7, 2024 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock. The dividend is payable on July 9, 2024 to Omnicom common shareholders of record at the close of business on June 10, 2024. About OmnicomOmnicom (NYSE: OMC) is a leading provider of data-inspired, creative marketing and sales solutions. Omnicom's iconic agency brands are home to the industry's most innovative communications specialists who are focused on driving intelligent business outcomes for t

Revenue of $3.6 billion, with organic growth of 4.0% Diluted earnings per share of $1.59; $1.67 Non-GAAP adjusted Operating income of $478.9 million and 13.2% margin EBITA of $500.4 million and 13.8% margin NEW YORK, April 16, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) today announced results for the quarter ended March 31, 2024. "Omnicom began the year with solid organic revenue growth of 4.0%, led by continued strength in our advertising & media and precision marketing disciplines, including Flywheel Digital," said John Wren, Chairman and Chief Executive Officer of Omnicom. "We are uniquely able to combine marketing and sales solutions with a seamless set of information signals to turn our a

NEW YORK, April 8, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) will publish its first quarter results on Tuesday, April 16, 2024 after the New York Stock Exchange close of trading. The company will also host a conference call to review such financial results on Tuesday, April 16, 2024, starting at 4:30 p.m. Eastern Time.  A live webcast of the call will be available at Omnicom's investor relations website, investor.omnicomgroup.com, along with the related earnings press release and slide presentation. A webcast replay will be made available after the call concludes. About OmnicomOmnicom (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom's branded

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- The Board of Directors of Omnicom (NYSE: OMC) declared a quarterly dividend of 70 cents per outstanding share of the corporation's common stock. The dividend is payable on April 9, 2024 to Omnicom common shareholders of record at the close of business on March 11, 2024. About OmnicomOmnicom (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms offer services in advertising, strategic media planning and buying, precision marketing, commerce and br

ST. LOUIS, Nov. 6, 2024 /PRNewswire/ -- FleishmanHillard today announced the appointment of Della Sweetman to the role of president, Americas and chief strategy officer, effective immediately. In this position Sweetman will be responsible for the performance of the agency's largest region and for driving enterprise-wide business transformation. She will report to J.J. Carter, who was promoted to FleishmanHillard president and chief executive officer on October 1. "Della is the right person to step into this critical role leading our largest region, from which she will help dri

Leadership Transition Will Take Effect on Oct. 1, 2024 NEW YORK, Aug. 20, 2024 /PRNewswire/ -- FleishmanHillard Inc., an Omnicom PR Group (OPRG) agency, today announced that its current Global Chief Operating Officer and President, Americas J.J. Carter will become President and Chief Executive Officer, effective Oct. 1, 2024. He succeeds John Saunders, who will take on the role of Chairman of FleishmanHillard. Carter, 49, was named the agency's global chief operating officer and Americas president in 2016. Saunders, 66, was named president and CEO in 2015 after leading Fleishm

Stafford will Focus on Key Catalysts for Growth in APAC and EMEA NEW YORK, Aug. 14, 2024 /PRNewswire/ -- Omnicom PR Group (OPRG) today announced the appointment of communications industry veteran, Matt Stafford, to the position of OPRG President, International, effective November 18, 2024. Stafford will be based in Hong Kong and report to OPRG Chief Executive Officer Chris Foster.  Stafford will initially be based in Hong Kong and will transition to the UK in 2025. In this OPRG Corporate Role, he will partner with agency leadership in the region, including Joanne Wong who joined OPRG's largest agency Fleishman Hillard as APAC President earlier this year.   Foster said, "I've wanted an even

Acquired by TBWA\Worldwide in 2022, experience innovation agency dotdotdash, has helped drive NEXT–TBWA's innovation practice–to a double-digit growth trajectory for 2024 LOS ANGELES, July 23, 2024 /PRNewswire/ -- dotdotdash has today announced the appointment of Mai Nguyen as Chief Client Officer, responsible for helping deliver future-forward brand experiences at the intersection of culture and technology across dotdotdash's offices in the U.S. Sitting within the TBWA\Worldwide Collective, dotdotdash powers NEXT, TBWA's global innovation practice, designed to lead brands into new spaces.

ST. LOUIS, July 17, 2024 /PRNewswire/ -- The Better World Campaign (BWC), a sister organization to the United Nations Foundation, has appointed FleishmanHillard as the communications agency to provide strategic communications and public affairs support, reinforcing the importance of the U.N. goals, work and impact in the United States. The BWC works to foster a strong, effective relationship between the United States and the United Nations that promotes core American interests and builds a more secure, prosperous and healthy world. BWC engages policymakers, media and the American public to increase awareness of the critical role played by the U.N. in world affairs and the value of construct

DOHA, Qatar, May 30, 2024 /PRNewswire/ -- Omnicom (NYSE:OMC) Chairman and CEO John Wren today named Mazen Abd Rabbo as Senior Vice President of the newly formed Omnicom Qatar. Abd Rabbo will oversee Omnicom's agencies in the country, focusing on talent, cross agency collaboration, and innovation to drive growth in the Middle East. Abd Rabbo will be responsible for bringing together the power of Omnicom to provide exceptional integrated solutions to meet the needs of current and prospective clients in Qatar and worldwide. He will leverage the top talent housed within Omnicom's leading local agencies Auditoire, OMD, and OPRG agencies, and work in partnership with other Omnicom agencies in the

ST. LOUIS, Jan. 10, 2024 /PRNewswire/ -- FleishmanHillard today announced the appointment of Hugh Taggart to CEO of the agency's UK operations starting February 21. "We have an incredible business in the UK, with real breadth and substance, and a truly exceptional culture," said John Saunders, FleishmanHillard president and CEO. "London will always be a critical market for FleishmanHillard and we believe Hugh is the ideal leader to follow the terrific growth achieved under Jim Donaldson and help deliver on our future plans. "We're delighted to get someone of Hugh's calibre to

NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Omnicom (NYSE:OMC) today announced that Casey Santos has been appointed as an independent director to its Board of Directors and as a member of the Finance Committee, effective January 1, 2024. "We are thrilled to welcome Casey to our esteemed Board of Directors, which is known for the diverse perspectives it brings together," said John Wren, Chairman and CEO of Omnicom. "Casey has deep expertise in technology, digital transformation and AI, bringing new perspectives highly relevant to Omnicom. Her career path is truly a remarkable one,

Former North America CSO elevated as Lubar further strengthens his global leadership team NEW YORK, Dec. 7, 2023 /PRNewswire/ -- DDB Worldwide announces today that Tomas Gonsorcik has been elevated from Chief Strategy Officer, North America to Global Chief Strategy Officer. In this new role, Gonsorcik will oversee the strategy practice across DDB's global network of creative agencies. He will partner closely with Lubar, as well as Global President & Chief Operating Officer Glen Lomas, and newly appointed Chaka Sobhani, President & Chief Creative Officer, International. He will also join DDB's global leadership team and partner with DDB global planners and creative teams to inspire creativit

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- Omnicom (NYSE:OMC) today announced a first-mover collaboration with Getty Images (NYSE:GETY),  that will provide it early access to Generative AI by Getty Images. The new tool pairs Getty Images' best in class creative content with the latest AI technology for a commercially safe and legally indemnified generative AI tool. As part of their Alpha testing program, Omnicom integrated the tool into Omni, Omnicom's open operating system. By combining the tool with Omni's data, agency teams will be able to safely create on-brand content that h