Interpublic Group of Companies (IPG) – Analysts’ Weekly Ratings Changes

A number of research firms have changed their ratings and price targets for Interpublic Group of Companies (NYSE: IPG):

• 1/12/2025 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 1/10/2025 – Interpublic Group of Companies was upgraded by analysts at BNP Paribas from an “underperform” rating to an “outperform” rating. They now have a $38.00 price target on the stock.
• 1/4/2025 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 12/27/2024 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 12/19/2024 – Interpublic Group of Companies is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 12/10/2024 – Interpublic Group of Companies was upgraded by analysts at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating. They now have a $34.00 price target on the stock, up previously from $26.00.

Interpublic Group of Companies Stock Up 1.8 %

IPG opened at $27.31 on Wednesday. The firm has a market cap of $10.17 billion, a P/E ratio of 12.88 and a beta of 1.11. The business’s fifty day simple moving average is $28.96 and its 200 day simple moving average is $30.07. The Interpublic Group of Companies, Inc. has a 52 week low of $26.30 and a 52 week high of $35.17. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.77.

Interpublic Group of Companies (NYSE:IPG) last released its quarterly earnings results on Tuesday, October 22nd. The business services provider reported $0.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.70. The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.30 billion. Interpublic Group of Companies had a net margin of 7.44% and a return on equity of 27.76%. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.70 EPS. As a group, equities research analysts anticipate that The Interpublic Group of Companies, Inc. will post 2.81 EPS for the current fiscal year.

Interpublic Group of Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, December 2nd were issued a $0.33 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $1.32 annualized dividend and a yield of 4.83%. Interpublic Group of Companies’s dividend payout ratio (DPR) is presently 62.26%.

Institutional Investors Weigh In On Interpublic Group of Companies

Several hedge funds have recently made changes to their positions in IPG. Park Avenue Securities LLC lifted its position in Interpublic Group of Companies by 4.5% during the fourth quarter. Park Avenue Securities LLC now owns 28,238 shares of the business services provider’s stock worth $791,000 after buying an additional 1,205 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Interpublic Group of Companies by 389.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 70,487 shares of the business services provider’s stock valued at $1,975,000 after acquiring an additional 56,087 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of Interpublic Group of Companies by 127.7% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 15,723 shares of the business services provider’s stock worth $441,000 after acquiring an additional 8,819 shares during the period. West Oak Capital LLC boosted its position in shares of Interpublic Group of Companies by 0.8% in the fourth quarter. West Oak Capital LLC now owns 55,595 shares of the business services provider’s stock worth $1,558,000 after acquiring an additional 435 shares during the last quarter. Finally, Elevated Capital Advisors LLC grew its holdings in Interpublic Group of Companies by 19.3% in the fourth quarter. Elevated Capital Advisors LLC now owns 28,579 shares of the business services provider’s stock valued at $801,000 after purchasing an additional 4,624 shares during the period. Institutional investors and hedge funds own 98.43% of the company’s stock.

The Interpublic Group of Companies, Inc provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e-commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names.