Pitney Bowes Inc. (NYSE:PBI – Free Report) – Equities research analysts at Sidoti Csr lifted their FY2025 earnings estimates for shares of Pitney Bowes in a report released on Thursday, May 8th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the technology company will post earnings per share of $1.25 for the year, up from their prior estimate of $1.21. The consensus estimate for Pitney Bowes’ current full-year earnings is $1.21 per share. Sidoti Csr also issued estimates for Pitney Bowes’ Q4 2025 earnings at $0.34 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.29 EPS and FY2026 earnings at $1.34 EPS.
Pitney Bowes (NYSE:PBI – Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The technology company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The company had revenue of $493.42 million during the quarter, compared to analysts’ expectations of $498.99 million. Pitney Bowes had a negative return on equity of 20.95% and a negative net margin of 7.71%. Pitney Bowes’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.01) EPS.
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Pitney Bowes Trading Up 1.3%
NYSE:PBI opened at $9.58 on Monday. The stock’s 50-day moving average is $8.81 and its 200-day moving average is $8.43. Pitney Bowes has a 1-year low of $4.62 and a 1-year high of $11.01. The stock has a market cap of $1.75 billion, a P/E ratio of -8.55, a price-to-earnings-growth ratio of 0.59 and a beta of 1.47.
Institutional Investors Weigh In On Pitney Bowes
Several institutional investors and hedge funds have recently made changes to their positions in PBI. Meeder Asset Management Inc. acquired a new position in Pitney Bowes in the fourth quarter valued at approximately $31,000. Smartleaf Asset Management LLC raised its holdings in shares of Pitney Bowes by 130.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,078 shares of the technology company’s stock valued at $37,000 after purchasing an additional 2,873 shares during the period. KBC Group NV bought a new position in shares of Pitney Bowes during the 1st quarter worth about $65,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Pitney Bowes in the 1st quarter valued at about $98,000. Finally, PFG Investments LLC boosted its holdings in Pitney Bowes by 14.6% in the first quarter. PFG Investments LLC now owns 12,884 shares of the technology company’s stock worth $117,000 after acquiring an additional 1,644 shares in the last quarter. Institutional investors own 67.88% of the company’s stock.
Insider Activity
In other news, EVP James Arthur Fairweather sold 130,000 shares of the stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $10.83, for a total transaction of $1,407,900.00. Following the completion of the sale, the executive vice president now directly owns 176,145 shares in the company, valued at $1,907,650.35. This represents a 42.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kurt James Wolf sold 78,285 shares of Pitney Bowes stock in a transaction on Friday, February 14th. The stock was sold at an average price of $10.66, for a total transaction of $834,518.10. Following the transaction, the director now directly owns 606,289 shares of the company’s stock, valued at $6,463,040.74. This represents a 11.44% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 691,529 shares of company stock valued at $7,442,109. Company insiders own 9.00% of the company’s stock.
Pitney Bowes Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Monday, May 19th will be paid a $0.07 dividend. This is a boost from Pitney Bowes’s previous quarterly dividend of $0.06. The ex-dividend date is Monday, May 19th. This represents a $0.28 annualized dividend and a dividend yield of 2.92%. Pitney Bowes’s dividend payout ratio is presently -30.77%.
Pitney Bowes Company Profile
Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.
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