Todd Everett Sells 25,000 Shares of Pitney Bowes (NYSE:PBI) Stock

Pitney Bowes Inc. (NYSE:PBI) EVP Todd Everett sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $18.07, for a total transaction of $451,750.00. Following the transaction, the executive vice president directly owned 96,048 shares of the company’s stock, valued at approximately $1,735,587.36. This represents a 20.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Pitney Bowes Price Performance

NYSE PBI opened at $17.45 on Friday. The company’s 50 day simple moving average is $17.54 and its two-hundred day simple moving average is $14.03. Pitney Bowes Inc. has a 1 year low of $8.95 and a 1 year high of $19.07. The stock has a market capitalization of $2.39 billion, a PE ratio of 14.30, a P/E/G ratio of 0.72 and a beta of 1.63.

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

Pitney Bowes Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.04 annualized dividend and a dividend yield of 0.2%. Pitney Bowes’s dividend payout ratio (DPR) is presently 32.79%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PBI. Citigroup reaffirmed a “market outperform” rating on shares of Pitney Bowes in a research note on Friday, July 31st. Weiss Ratings raised shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Truist Financial raised their price objective on shares of Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a research report on Friday, July 31st. Wall Street Zen raised shares of Pitney Bowes from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 25th. Finally, Citizens Jmp upped their target price on shares of Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a research report on Friday, July 31st. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $18.45.

Institutional Trading of Pitney Bowes

Hedge funds and other institutional investors have recently bought and sold shares of the company. Longview Financial Advisors Inc. purchased a new position in shares of Pitney Bowes during the first quarter worth approximately $26,000. EverSource Wealth Advisors LLC boosted its stake in shares of Pitney Bowes by 41.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after purchasing an additional 1,015 shares in the last quarter. 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 valued at $40,000 after purchasing an additional 2,459 shares during the last quarter. UMB Bank n.a. grew its holdings 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 valued at $43,000 after purchasing an additional 3,225 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Pitney Bowes in the 2nd quarter worth $51,000. Hedge funds and other institutional investors own 67.88% of the company’s stock.

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.