WINTON GROUP Ltd Has $5.40 Million Holdings in Pitney Bowes Inc. $PBI

WINTON GROUP Ltd grew its position in Pitney Bowes Inc. (NYSE:PBIFree Report) by 3,377.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 473,223 shares of the technology company’s stock after buying an additional 459,613 shares during the quarter. WINTON GROUP Ltd owned 0.29% of Pitney Bowes worth $5,399,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LSV Asset Management acquired a new position in Pitney Bowes during the 3rd quarter worth approximately $13,812,000. Cibc World Market Inc. increased its holdings in shares of Pitney Bowes by 2,724.6% during the third quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company’s stock worth $9,540,000 after buying an additional 806,471 shares in the last quarter. Mizuho Markets Americas LLC acquired a new position in shares of Pitney Bowes during the third quarter worth $7,683,000. Evergreen Wealth Management LLC bought a new position in shares of Pitney Bowes in the 3rd quarter valued at $6,691,000. Finally, Brandywine Global Investment Management LLC bought a new position in shares of Pitney Bowes in the 2nd quarter valued at $5,889,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

Insiders Place Their Bets

In other Pitney Bowes news, CEO Kurt James Wolf sold 150,000 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $10.30, for a total transaction of $1,545,000.00. Following the completion of the sale, the chief executive officer owned 571,137 shares of the company’s stock, valued at approximately $5,882,711.10. This represents a 20.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 9.00% of the company’s stock.

Pitney Bowes Trading Up 0.9%

Shares of PBI opened at $10.68 on Tuesday. The company has a market capitalization of $1.60 billion, a PE ratio of 12.86, a PEG ratio of 0.73 and a beta of 1.42. Pitney Bowes Inc. has a 12 month low of $7.39 and a 12 month high of $13.11. The stock’s 50-day moving average price is $10.49 and its two-hundred day moving average price is $10.69.

Pitney Bowes (NYSE:PBIGet Free Report) last released its quarterly earnings results on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. The firm had revenue of $477.63 million for the quarter, compared to analyst estimates of $482.47 million. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.The business’s revenue was down 7.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. Equities research analysts predict that Pitney Bowes Inc. will post 1.21 EPS for the current fiscal year.

Pitney Bowes Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be issued a $0.09 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.36 annualized dividend and a yield of 3.4%. Pitney Bowes’s dividend payout ratio is presently 43.37%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Truist Financial began coverage on Pitney Bowes in a research report on Friday, December 12th. They set a “hold” rating and a $11.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Pitney Bowes in a research report on Monday, December 29th. Citigroup initiated coverage on Pitney Bowes in a report on Wednesday, December 3rd. They set an “outperform” rating on the stock. Bank of America assumed coverage on Pitney Bowes in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 price objective for the company. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $13.00 price objective on shares of Pitney Bowes in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $11.00.

Get Our Latest Analysis on Pitney Bowes

About Pitney Bowes

(Free Report)

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.

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Institutional Ownership by Quarter for Pitney Bowes (NYSE:PBI)

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