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

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 Trading Down 0.7%

OMC opened at $75.94 on Monday. The business has a fifty day moving average price of $77.45 and a 200 day moving average price of $86.45. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.00 and a quick ratio of 0.90. Omnicom Group Inc. has a 12 month low of $69.13 and a 12 month high of $107.00. The stock has a market capitalization of $14.82 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 1.94 and a beta of 0.95.

Omnicom Group (NYSE:OMC) last announced its quarterly earnings data on Tuesday, April 15th. The business services provider reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.07. The business had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.73 billion. Omnicom Group had a return on equity of 36.39% and a net margin of 9.44%. Sell-side analysts expect that Omnicom Group Inc. will post 8.25 earnings per share for the current fiscal year.

Omnicom Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 10th will be issued a $0.70 dividend. The ex-dividend date is Tuesday, June 10th. This represents a $2.80 dividend on an annualized basis and a yield of 3.69%. Omnicom Group’s dividend payout ratio (DPR) is presently 38.30%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Barclays dropped their price objective on shares of Omnicom Group from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. Argus cut Omnicom Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Wells Fargo & Company lowered their price objective on Omnicom Group from $99.00 to $84.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. UBS Group dropped their price objective on Omnicom Group from $117.00 to $104.00 and set a “buy” rating on the stock in a report on Thursday, March 20th. Finally, Citigroup reissued a “buy” rating and set a $103.00 target price on shares of Omnicom Group in a research report on Tuesday, April 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Omnicom Group presently has an average rating of “Moderate Buy” and an average price target of $101.29.

Hedge Funds Weigh In On Omnicom Group

Several large investors have recently bought and sold shares of the stock. Franklin Resources Inc. lifted its holdings in shares of 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 during the last quarter. Fort Washington Investment Advisors Inc. OH grew its stake in Omnicom Group by 15.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 376,701 shares of the business services provider’s stock worth $32,411,000 after buying an additional 50,153 shares during the last quarter. Avanza Fonder AB acquired a new position in Omnicom Group during the fourth quarter worth approximately $1,544,000. LVM Capital Management Ltd. MI purchased a new stake in Omnicom Group in the fourth quarter valued at approximately $585,000. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of Omnicom Group in the fourth quarter valued at approximately $366,000. Institutional investors and hedge funds own 91.97% of the company’s stock.

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.

Omnicom Group Company Profile

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.