76,304 Shares in Pitney Bowes Inc. $PBI Bought by TABR Capital Management LLC

TABR Capital Management LLC bought a new stake in shares of Pitney Bowes Inc. (NYSE:PBI) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 76,304 shares of the technology company’s stock, valued at approximately $807,000.

Other hedge funds have also recently bought and sold shares of the company. Capital Management Corp VA increased its holdings in shares of Pitney Bowes by 8.2% during the 3rd quarter. Capital Management Corp VA now owns 2,337,760 shares of the technology company’s stock worth $26,674,000 after purchasing an additional 176,180 shares during the period. Evergreen Wealth Management LLC bought a new stake in shares of Pitney Bowes in the third quarter valued at about $6,691,000. Allspring Global Investments Holdings LLC lifted its stake in shares of Pitney Bowes by 76.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 555,747 shares of the technology company’s stock valued at $6,341,000 after buying an additional 241,465 shares during the period. Phoenix Financial Ltd. acquired a new stake in Pitney Bowes during the third quarter worth about $3,493,000. Finally, Mizuho Markets Americas LLC bought a new position in Pitney Bowes during the third quarter valued at about $7,683,000. 67.88% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Kurt James Wolf sold 39,919 shares of Pitney Bowes stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $11.14, for a total transaction of $444,697.66. Following the completion of the transaction, the chief executive officer directly owned 539,618 shares of the company’s stock, valued at $6,011,344.52. This trade represents a 6.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brent D. Rosenthal purchased 4,000 shares of Pitney Bowes stock in a transaction on Friday, March 13th. The stock was purchased at an average price of $10.22 per share, for a total transaction of $40,880.00. Following the completion of the transaction, the director owned 9,000 shares of the company’s stock, valued at approximately $91,980. This represents a 80.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders sold 502,939 shares of company stock worth $5,352,655. 6.50% of the stock is owned by insiders.

Pitney Bowes Trading Up 10.6%

Shares of PBI opened at $14.59 on Wednesday. The stock has a market cap of $2.09 billion, a PE ratio of 17.58, a PEG ratio of 0.91 and a beta of 1.39. Pitney Bowes Inc. has a 1 year low of $7.95 and a 1 year high of $14.87. The stock has a 50 day simple moving average of $10.93 and a 200-day simple moving average of $10.56.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.The business had revenue of $477.63 million for the quarter, compared to analyst estimates of $482.47 million. During the same quarter in the previous year, the firm earned $0.32 EPS. Pitney Bowes’s quarterly revenue was down 7.5% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. On average, sell-side analysts forecast that Pitney Bowes Inc. will post 1.46 EPS for the current fiscal year.

Pitney Bowes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, February 27th. Pitney Bowes’s payout ratio is currently 43.37%.

Analyst Upgrades and Downgrades

PBI has been the subject of several recent research reports. Citizens Jmp upped their price target on Pitney Bowes from $13.00 to $14.00 and gave the company a “market outperform” rating in a report on Friday, April 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Pitney Bowes in a report on Friday, March 27th. Bank of America initiated coverage on Pitney Bowes in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 target price for the company. Zacks Research cut Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Finally, Citigroup reiterated an “outperform” rating on shares of Pitney Bowes in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Pitney Bowes has an average rating of “Hold” and an average target price of $11.25.

Pitney Bowes Company Profile

Pitney Bowes Inc (NYSE: PBI) is an American technology company that specializes in shipping, mailing, and e-commerce solutions. Founded in 1920 by Walter Bowes and Arthur Pitney, the company pioneered postage meter technology and has since evolved to offer a broad portfolio of hardware, software, and services designed to streamline physical and digital communications. Headquartered in Stamford, Connecticut, Pitney Bowes leverages a century of expertise to serve enterprises, small businesses, and government agencies around the globe.

The company’s core offerings span mailing and shipping equipment, including postage meters, folder inserters, and address verification systems, alongside integrated software platforms for customer information management, data analytics, and location intelligence.