Pitney Bowes Inc. $PBI is Hestia Capital Management LLC’s Largest Position

Hestia Capital Management LLC trimmed its holdings in Pitney Bowes Inc. (NYSE:PBI) by 26.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,455,805 shares of the technology company’s stock after selling 3,018,521 shares during the quarter. Pitney Bowes comprises approximately 74.1% of Hestia Capital Management LLC’s portfolio, making the stock its biggest position. Hestia Capital Management LLC owned approximately 0.05% of Pitney Bowes worth $89,378,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in Pitney Bowes by 41.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after acquiring an additional 1,015 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Pitney Bowes in the 2nd quarter valued at $51,000. Copeland Capital Management LLC acquired a new position in shares of Pitney Bowes in the 4th quarter valued at $65,000. United Services Automobile Association purchased a new stake in Pitney Bowes in the 1st quarter valued at $96,000. Finally, PFG Investments LLC purchased a new stake in Pitney Bowes in the 3rd quarter valued at $127,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity at Pitney Bowes

In other news, CEO Kurt James Wolf sold 160,289 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $11.06, for a total value of $1,772,796.34. Following the completion of the sale, the chief executive officer directly owned 543,211 shares of the company’s stock, valued at $6,007,913.66. This trade represents a 22.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average price of $10.22 per share, for a total transaction of $40,880.00. Following the completion of the purchase, 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. Insiders have sold a total of 503,108 shares of company stock worth $5,355,063 in the last quarter. 6.50% of the stock is currently owned by insiders.

More Pitney Bowes News

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Sidoti sharply raised earnings forecasts across near-term and FY horizons — increasing Q1 estimates to ~$0.47–$0.49, lifting FY2026 to $1.58 and FY2027 to $1.67 — signaling improved analyst confidence in earnings power (multiple Sidoti estimate revisions reported by MarketBeat).
• Positive Sentiment: Zacks upgraded PBI to a Zacks Rank #2 (Buy) and published several bullish momentum/value pieces highlighting stronger estimate trends and relative strength, which can attract buy-side interest and momentum flows. What Makes Pitney Bowes (PBI) a New Buy Stock Momentum Stock Article
• Positive Sentiment: Market indicators show improving technical momentum — Pitney Bowes reportedly jumped to a 91 RS rating, which can draw attention from momentum/technical traders. RS Rating Story
• Neutral Sentiment: Company beat Q1 EPS in February and has reiterated FY guidance in a range that implies continued profitability improvement; analysts are revising EPS higher but revenue headwinds remain (see Sidoti estimate lifts noted above).
• Negative Sentiment: An insider sale was reported (EVP sold 169 shares at ~$14.25), a small disclosed reduction in a director-level position that may be viewed unfavorably by some investors despite its small size. Insider Sale SEC Filing
• Negative Sentiment: Some sell-side and independent commentary remains cautious: Goldman Sachs (via coverage summarized by TipRanks) continues to flag persistent revenue headwinds and maintained a Hold stance, and Seeking Alpha questioned the durability of the recent bounce — both can cap upside if revenue trends disappoint. TipRanks / Hold Coverage Seeking Alpha Article

Pitney Bowes Stock Performance

Shares of Pitney Bowes stock opened at $15.35 on Friday. Pitney Bowes Inc. has a one year low of $8.24 and a one year high of $15.56. The company has a market cap of $2.20 billion, a P/E ratio of 18.49, a PEG ratio of 0.99 and a beta of 1.39. The firm has a fifty day moving average of $11.13 and a two-hundred day moving average of $10.62.

Pitney Bowes (NYSE:PBI) last issued its earnings results on Tuesday, February 17th. The technology company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. The business had revenue of $477.63 million for the quarter, compared to the consensus estimate of $482.47 million. During the same quarter in the previous year, the firm earned $0.32 earnings per share. The business’s quarterly revenue was down 7.5% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. As a group, equities analysts predict that Pitney Bowes Inc. will post 1.55 earnings per share for the current year.

Pitney Bowes Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, February 27th were given a dividend of $0.09 per share. The ex-dividend date was Friday, February 27th. This represents a $0.36 annualized dividend and a yield of 2.3%. Pitney Bowes’s payout ratio is presently 43.37%.

Pitney Bowes 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.