Interpublic Group Of Cos. (IPG)

Company Profile

Interpublic Group of Companies Inc. is values-based, data-fueled, and creatively-driven. Major global brands include Acxiom, Craft, FCB (Foote, Cone & Belding), FutureBrand, Golin, Huge, Initiative, Jack Morton, Kinesso, MAGNA, Matterkind, McCann, Mediahub, Momentum, MRM, MullenLowe Group, Octagon, R/GA, UM and Weber Shandwick. Other leading brands include Avrett Free Ginsberg, Campbell Ewald, Carmichael Lynch, Deutsch, Hill Holliday, ID Media and The Martin Agency.

Company profile

Ticker

IPG

Exchange

NYSE

Website

www.interpublic.com

CEO

Michael Roth

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Advertising Agencies

Industry (SIC)

Services - Advertising Agencies

Omnicom • Groupon • Stagwell • Criteo S.A • AirNet Technology • Telaria • Stran & Company • Specificity • Starco Brands • SRAX ...

Former names

INTERPUBLIC GROUP OF COMPANIES INC

SEC CIK

0000051644

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

The Interpublic Group • Acxiom LLC • Business Science Research Corporation • Carmichael Lynch, Inc. • Chase Design Holdings, LLC • DeVries Public Relations, Ltd. • FCBCure, LLC • Genuine Interactive, LLC • Gillespie, LLC • Huge, LLC ...

IRS number

131024020

IPG stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$40.00

Low target

$40.00

High target

$40.00

Latest filings (excl ownership)

View all

424B2

Prospectus for primary offering

6 Jun 23

8-K

Submission of Matters to a Vote of Security Holders

31 May 23

8-K

Results of Operations and Financial Condition

27 Apr 23

Interpublic Announces First Quarter 2023 Results

27 Apr 23

ARS

2022 FY

Annual report to shareholders

14 Apr 23

DEFA14A

Additional proxy soliciting materials

Results of Operations and Financial Condition

14 Feb 23

Transcripts

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IPG

Earnings call transcript

2023 Q1

27 Apr 23

IPG

Earnings call transcript

2022 Q3

21 Oct 22

IPG

Earnings call transcript

2022 Q2

21 Jul 22

IPG

Earnings call transcript

2022 Q1

28 Apr 22

IPG

Earnings call transcript

2021 Q4

10 Feb 22

IPG

Earnings call transcript

2021 Q3

21 Oct 21

IPG

Earnings call transcript

2021 Q2

21 Jul 21

IPG

Earnings call transcript

2021 Q1

28 Apr 21

IPG

Earnings call transcript

2020 Q4

10 Feb 21

IPG

Earnings call transcript

2020 Q3

21 Oct 20

Latest ownership filings

View all

Jocelyn Carter-Miller

Financial summary

Financial statements Chart IPG financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.69 bn	1.69 bn	1.69 bn	1.69 bn	1.69 bn	1.69 bn
Cash burn (monthly)	288.77 mm	59.83 mm	(no burn)	(no burn)	182.53 mm	(no burn)
Cash used (since last report)	641.24 mm	132.85 mm	n/a	n/a	405.34 mm	n/a
Cash remaining	1.05 bn	1.55 bn	n/a	n/a	1.28 bn	n/a
Runway (months of cash)	3.6	26.0	n/a	n/a	7.0	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

IPG institutional ownership history Ownership history

98.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	688	685	+0.4%
Opened positions	83	129	-35.7%
Closed positions	80	60	+33.3%
Increased positions	288	232	+24.1%
Reduced positions	226	236	-4.2%

13F shares	Current	Prev Q	Change
Total value	14.05 tn	12.70 tn	+10.7%
Total shares	379.87 mm	380.73 mm	-0.2%
Total puts	703.10 k	137.50 k	+411.3%
Total calls	347.70 k	549.10 k	-36.7%
Total put/call ratio	2.0	0.3	+707.5%

Largest owners	Shares	Value	Change
Vanguard	46.97 mm	$1.75 tn	-0.3%
BLK Blackrock	39.20 mm	$1.46 tn	-3.1%
STT State Street	20.83 mm	$775.57 bn	-1.1%
FMR	18.64 mm	$694.29 bn	-15.6%
BK Bank Of New York Mellon	14.13 mm	$526.10 bn	+2.6%
Harris Associates L P	13.93 mm	$518.91 bn	-1.4%
Black Creek Investment Management	10.80 mm	$402.09 bn	-5.0%
IVZ Invesco	10.06 mm	$374.78 bn	+12.5%
Charles Schwab Investment Management	8.80 mm	$327.74 bn	-5.1%
Geode Capital Management	8.43 mm	$314.23 bn	+1.6%

Largest transactions	Shares	Bought/sold	Change
Boston Partners	7.36 mm	+5.31 mm	+260.2%
FMR	18.64 mm	-3.46 mm	-15.6%
Envestnet Asset Management	3.88 mm	+3.11 mm	+404.3%
Ariel Investments	5.86 mm	-2.32 mm	-28.4%
Ardevora Asset Management	1.46 mm	+1.46 mm	NEW
Millennium Management	0.00	-1.27 mm	EXIT
BLK Blackrock	39.20 mm	-1.24 mm	-3.1%
IVZ Invesco	10.06 mm	+1.12 mm	+12.5%
Pzena Investment Management	0.00	-1.11 mm	EXIT
Citadel Advisors	1.54 k	-941.13 k	-99.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IPG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 May 23	Guilfoile Mary	Common Stock	Grant	Acquire A	No	No	36.05	6,242	225.02 k	109,045
1 May 23	Hudson Dawn E	Common Stock	Grant	Acquire A	No	No	36.05	6,242	225.02 k	33,172
1 May 23	Moore Patrick Q	Common Stock	Grant	Acquire A	No	No	36.05	6,242	225.02 k	48,394
1 May 23	Carter-Miller Jocelyn	Common Stock	Grant	Acquire A	No	No	36.05	6,242	225.02 k	38,031
1 May 23	Miller Jon	Common Stock	Grant	Acquire A	No	No	36.05	6,242	225.02 k	73,896