Key Points
- Pitney Bowes CEO Kurt James Wolf sold 150,000 shares on March 11 at an average price of $10.38 for about $1.557M, cutting his stake by 21.2% to 557,637 shares (≈$5.79M).
- Pitney Bowes reported Q results with EPS $0.45 beating estimates while revenue fell 7.5% year-over-year; management set FY2026 guidance of $1.40–$1.60 EPS and declared a $0.09 quarterly dividend (3.5% yield).
- The stock trades near $10 with a $1.52B market cap and a P/E of 12.23, MarketBeat consensus rating of "Hold" (target $11), and roughly 67.9% institutional ownership.
Pitney Bowes Inc. (NYSE:PBI - Get Free Report) CEO Kurt James Wolf sold 150,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $10.38, for a total value of $1,557,000.00. Following the sale, the chief executive officer directly owned 557,637 shares of the company's stock, valued at $5,788,272.06. The trade was a 21.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Kurt James Wolf also recently made the following trade(s):
- On Monday, February 23rd, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The stock was sold at an average price of $10.30, for a total value of $1,545,000.00.
Pitney Bowes Price Performance
Shares of NYSE:PBI opened at $10.16 on Friday. The company has a market capitalization of $1.52 billion, a PE ratio of 12.23, a price-to-earnings-growth ratio of 0.70 and a beta of 1.42. The business has a fifty day moving average price of $10.48 and a two-hundred day moving average price of $10.66. Pitney Bowes Inc. has a 1 year low of $7.39 and a 1 year high of $13.11.
Pitney Bowes (NYSE:PBI - Get Free Report) last released its earnings results on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.07. The company had revenue of $477.63 million for the quarter, compared to analysts' expectations 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 for the quarter was down 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. Sell-side analysts anticipate that Pitney Bowes Inc. will post 1.21 earnings per share for the current year.
Pitney Bowes Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, February 27th. Pitney Bowes's dividend payout ratio (DPR) is 43.37%.
Institutional Investors Weigh In On Pitney Bowes
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Trail Ridge Investment Advisors LLC increased its position in shares of Pitney Bowes by 5.1% during the third quarter. Trail Ridge Investment Advisors LLC now owns 20,890 shares of the technology company's stock valued at $238,000 after buying an additional 1,008 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company's stock valued at $38,000 after acquiring an additional 1,015 shares during the period. Advisory Services Network LLC grew its stake in Pitney Bowes by 2.4% during the third quarter. Advisory Services Network LLC now owns 52,975 shares of the technology company's stock valued at $604,000 after acquiring an additional 1,234 shares in the last quarter. Baird Financial Group Inc. increased its holdings in Pitney Bowes by 12.5% during the 2nd quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company's stock worth $144,000 after acquiring an additional 1,459 shares during the period. Finally, Amalgamated Bank increased its holdings in Pitney Bowes by 3.4% during the 3rd quarter. Amalgamated Bank now owns 46,680 shares of the technology company's stock worth $533,000 after acquiring an additional 1,555 shares during the period. 67.88% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research analysts have weighed in on the stock. Citigroup started coverage on shares of Pitney Bowes in a research note on Wednesday, December 3rd. They issued an "outperform" rating on the stock. Zacks Research cut shares of Pitney Bowes from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 19th. Citizens Jmp reiterated a "market outperform" rating and issued a $13.00 price objective on shares of Pitney Bowes in a research note on Wednesday, February 18th. Truist Financial started coverage on Pitney Bowes in a report on Friday, December 12th. They set a "hold" rating and a $11.00 price objective for the company. Finally, Bank of America started coverage on Pitney Bowes in a research report on Tuesday, February 17th. They issued an "underperform" rating and a $9.00 target price for the company. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $11.00.
Get Our Latest Stock Analysis on Pitney Bowes
Pitney Bowes Company Profile
(
Get 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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