tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

WPP Discloses BlackRock’s Voting Stake Reaches 10% After Early January Transactions

Story Highlights
  • WPP reported that BlackRock’s total voting interest in the company reached 10 percent.
  • The change, disclosed on 6 January 2026, confirms BlackRock as a key institutional shareholder in WPP.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WPP Discloses BlackRock’s Voting Stake Reaches 10% After Early January Transactions

Claim 70% Off TipRanks Premium

WPP ( (WPP) ) has provided an update.

On 6 January 2026, WPP disclosed a notification of major holdings showing that BlackRock, Inc. had crossed a reporting threshold in the company’s shares on 2 January 2026, following an acquisition or disposal of voting rights and related financial instruments. The filing indicates that BlackRock now holds a total of 10.0% of WPP’s voting rights, comprising 8.15% through shares and 1.85% via financial instruments, up from a previous combined position of 9.93%. This incremental change confirms BlackRock’s status as a significant institutional shareholder in WPP and underlines continuing large-scale asset manager interest in the group’s equity, a factor closely watched by investors for signals about confidence in WPP’s strategic direction and valuation.

The most recent analyst rating on (WPP) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on WPP stock, see the WPP Stock Forecast page.

Spark’s Take on WPP Stock

According to Spark, TipRanks’ AI Analyst, WPP is a Neutral.

WPP’s overall stock score is driven by a solid financial performance with strong cash flow and improved profitability, despite high leverage and declining revenue. The technical analysis indicates bearish momentum, suggesting caution. However, the attractive valuation with a low P/E ratio and high dividend yield provides a compelling case for value investors.

To see Spark’s full report on WPP stock, click here.

More about WPP

WPP plc is a London-headquartered global advertising and marketing services group, providing communications, media investment, public relations, data and technology-driven marketing solutions to clients worldwide. As a major player in the global advertising industry, WPP derives a substantial portion of its revenues and costs outside the UK, making its performance sensitive to international economic conditions, currency movements and shifts in client marketing spend.

Average Trading Volume: 652,171

Technical Sentiment Signal: Sell

Current Market Cap: $4.96B

Find detailed analytics on WPP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1