Pitney Bowes (NYSE:PBI) EVP Deborah Pfeiffer Sells 20,000 Shares of Stock

Pitney Bowes Inc. (NYSE:PBI) EVP Deborah Pfeiffer sold 20,000 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $17.11, for a total value of $342,200.00. Following the transaction, the executive vice president directly owned 79,223 shares in the company, valued at $1,355,505.53. The trade was a 20.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Pitney Bowes Stock Performance

Pitney Bowes stock opened at $17.19 on Thursday. Pitney Bowes Inc. has a one year low of $8.95 and a one year high of $19.07. The stock has a fifty day moving average of $17.38 and a 200 day moving average of $15.09. The stock has a market cap of $2.36 billion, a PE ratio of 14.09, a price-to-earnings-growth ratio of 0.68 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09. Pitney Bowes had a negative return on equity of 31.37% and a net margin of 10.04%.The business had revenue of $451.50 million during the quarter, compared to the consensus estimate of $453.94 million. During the same period in the previous year, the company posted $0.27 EPS. The business’s quarterly revenue was down 2.4% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. As a group, sell-side analysts predict that Pitney Bowes Inc. will post 1.68 EPS for the current fiscal year.

Pitney Bowes Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, August 10th. Pitney Bowes’s dividend payout ratio (DPR) is currently 32.79%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PBI shares. Citizens Jmp raised their target price on Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a report on Friday, July 31st. Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a research note on Friday, July 31st. Zacks Research upgraded shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Truist Financial lifted their price target on shares of Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $17.30 price objective on shares of Pitney Bowes in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $18.45.

Institutional Investors Weigh In On Pitney Bowes

A number of institutional investors have recently added to or reduced their stakes in the stock. Longview Financial Advisors Inc. purchased a new position in Pitney Bowes during the first quarter valued at $26,000. EverSource Wealth Advisors LLC increased its holdings in shares of Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after purchasing an additional 1,015 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Pitney Bowes by 190.9% in the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after buying an additional 2,459 shares in the last quarter. UMB Bank n.a. boosted its stake in Pitney Bowes by 404.6% during the fourth quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock valued at $43,000 after buying an additional 3,225 shares during the last quarter. Finally, Nykredit A S purchased a new position in Pitney Bowes during the 2nd quarter valued at approximately $46,000. 67.88% of the stock is owned by hedge funds and other institutional investors.

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.