Rep. Robert Bresnahan, Jr. Sells Off Shares of Omnicom Group Inc. (NYSE:OMC)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Omnicom Group Inc. NYSE: OMC. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Omnicom Group stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.

Omnicom Group Stock Performance

Shares of Omnicom Group stock traded down $0.52 during trading on Friday, reaching $75.94. The company's stock had a trading volume of 1,733,794 shares, compared to its average volume of 2,221,628. The firm has a market cap of $14.82 billion, a PE ratio of 10.19, a P/E/G ratio of 1.94 and a beta of 0.95. The company has a 50-day moving average price of $77.45 and a two-hundred day moving average price of $86.65. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. Omnicom Group Inc. has a fifty-two week low of $69.13 and a fifty-two week high of $107.00.

Omnicom Group (NYSE:OMC - Get Free Report) last released its earnings results on Tuesday, April 15th. The business services provider reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.63 by $0.07. Omnicom Group had a return on equity of 36.39% and a net margin of 9.44%. The business had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.73 billion. On average, analysts forecast that Omnicom Group Inc. will post 8.25 EPS for the current year.

Omnicom Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 10th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend is Tuesday, June 10th. Omnicom Group's payout ratio is currently 38.30%.

Analysts Set New Price Targets

OMC has been the topic of several analyst reports. Argus lowered shares of Omnicom Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Barclays cut their target price on Omnicom Group from $110.00 to $105.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Citigroup restated a "buy" rating and issued a $103.00 price target on shares of Omnicom Group in a research note on Tuesday, April 15th. UBS Group cut their price objective on Omnicom Group from $117.00 to $104.00 and set a "buy" rating for the company in a research report on Thursday, March 20th. Finally, Wells Fargo & Company decreased their target price on shares of Omnicom Group from $99.00 to $84.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $101.29.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of OMC. Barclays PLC lifted its position in shares of Omnicom Group by 1.7% in the third quarter. Barclays PLC now owns 819,613 shares of the business services provider's stock valued at $84,741,000 after acquiring an additional 13,637 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Omnicom Group by 19.7% in the 3rd quarter. Franklin Resources Inc. now owns 231,068 shares of the business services provider's stock valued at $23,860,000 after purchasing an additional 38,022 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Omnicom Group by 645.2% during the 4th quarter. Versant Capital Management Inc now owns 313 shares of the business services provider's stock worth $27,000 after purchasing an additional 271 shares during the last quarter. Diversified Trust Co grew its holdings in shares of Omnicom Group by 8.1% during the fourth quarter. Diversified Trust Co now owns 42,385 shares of the business services provider's stock worth $3,647,000 after buying an additional 3,190 shares in the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in shares of Omnicom Group in the fourth quarter valued at approximately $25,000. 91.97% of the stock is currently owned by institutional investors and hedge funds.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Omnicom Group

Omnicom Group Inc, together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of advertising and media, precision marketing, commerce and branding, experiential, execution and support, public relations, and healthcare.

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