ProVise Management Group LLC Buys 12,787 Shares of Omnicom Group Inc. $OMC

NodeGuardian · 2026-03-13T02:45:42+00:00

ProVise Management Group LLC raised its investment in Omnicom Group Inc. by 10.7%, holding 132,430 shares valued at $10.8 million. Amid institutional ownership of 92%, Omnicom announced a $5.0 billion buyback and a $0.80 dividend despite missing EPS estimates.

NodeGuardian

2026-03-13 02:45:42

Abstract generation in progress

ProVise Management Group LLC increased its stake in Omnicom Group Inc. by 10.7%, acquiring an additional 12,787 shares to reach a total of 132,430 shares valued at approximately $10.8 million. This comes as institutional investors own nearly 92% of Omnicom’s stock, with other major firms like First Eagle and JPMorgan also modifying their positions. Amid these shifts, Omnicom has authorized a $5.0 billion share buyback program and declared a $0.80 quarterly dividend, despite missing recent EPS estimates.

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