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 Pitney Bowes stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $17.11, for a total value of $342,200.00. Following the completion of the sale, the executive vice president directly owned 79,223 shares in the company, valued at $1,355,505.53. This represents a 20.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pitney Bowes Price Performance

NYSE PBI traded up $0.20 during mid-day trading on Wednesday, hitting $17.19. The stock had a trading volume of 1,737,318 shares, compared to its average volume of 2,586,421. The firm’s 50 day moving average is $17.39 and its 200 day moving average is $15.05. Pitney Bowes Inc. has a twelve month low of $8.95 and a twelve month high of $19.07. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.70 and a beta of 1.64.

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

Pitney Bowes Dividend Announcement

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

Institutional Trading of Pitney Bowes

Several hedge funds have recently made changes to their positions in PBI. Longview Financial Advisors Inc. purchased a new position in Pitney Bowes in the first quarter worth approximately $26,000. EverSource Wealth Advisors LLC grew its holdings in shares of 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 purchasing an additional 1,015 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Pitney Bowes by 190.9% during the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after purchasing an additional 2,459 shares during the period. UMB Bank n.a. increased its position in shares of Pitney Bowes by 404.6% during the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock worth $43,000 after purchasing an additional 3,225 shares during the last quarter. Finally, Nykredit A S purchased a new stake in Pitney Bowes in the 2nd quarter valued at about $46,000. Hedge funds and other institutional investors own 67.88% of the company’s stock.

Analyst Ratings Changes

PBI has been the subject of a number of recent research reports. Zacks Research upgraded shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Citigroup restated a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. Citizens Jmp increased their price target on Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a report on Friday, July 31st. Truist Financial lifted their price objective on Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a research report on Friday, July 31st. Finally, Weiss Ratings raised Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Pitney Bowes has an average rating of “Moderate Buy” and an average target price of $18.45.

About Pitney Bowes

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.