Key Points
- Director Brent Rosenthal bought 4,000 shares of Pitney Bowes at an average price of $10.22 on March 13, increasing his stake to 9,000 shares (an 80% boost) as disclosed in an SEC filing.
- Pitney Bowes announced a quarterly dividend of $0.09 per share (annualized $0.36, ~3.5% yield) with an ex-dividend/record date of February 27 and payment on March 30.
- The company reported EPS of $0.45 (vs. $0.38 expected) while revenue fell 7.5% year-over-year; Pitney Bowes set FY2026 guidance of $1.40–$1.60 EPS and analysts’ consensus for the current year is about $1.21 with an average target of $11 ("Hold").
Pitney Bowes Inc. (NYSE:PBI - Get Free Report) Director Brent Rosenthal purchased 4,000 shares of the stock in a transaction dated Friday, March 13th. The stock was acquired at an average cost of $10.22 per share, for a total transaction of $40,880.00. Following the completion of the transaction, the director owned 9,000 shares of the company's stock, valued at $91,980. The trade was a 80.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Pitney Bowes Stock Performance
NYSE PBI opened at $10.38 on Wednesday. The stock has a market capitalization of $1.56 billion, a PE ratio of 12.50, a P/E/G ratio of 0.71 and a beta of 1.42. The stock has a 50-day simple moving average of $10.49 and a 200 day simple moving average of $10.62. Pitney Bowes Inc. has a twelve month low of $7.39 and a twelve month high of $13.11.
Pitney Bowes (NYSE:PBI - Get Free Report) last issued its quarterly 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. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.The company had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. During the same period in the previous year, the company earned $0.32 earnings per share. The company'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 research analysts forecast that Pitney Bowes Inc. will post 1.21 EPS for the current fiscal year.
Pitney Bowes Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, February 27th. Pitney Bowes's dividend payout ratio is presently 43.37%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in PBI. EverSource Wealth Advisors LLC boosted its holdings in Pitney Bowes by 41.3% during the second 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. raised its holdings in shares of Pitney Bowes by 190.9% in the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company's stock worth $40,000 after buying an additional 2,459 shares in the last quarter. UMB Bank n.a. lifted 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 buying an additional 3,225 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Pitney Bowes during the 2nd quarter worth approximately $51,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Pitney Bowes in the 2nd quarter valued at $51,000. Institutional investors and hedge funds own 67.88% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have issued reports on PBI shares. Citizens Jmp restated a "market outperform" rating and set a $13.00 price objective on shares of Pitney Bowes in a report on Wednesday, February 18th. Citigroup initiated coverage on shares of Pitney Bowes in a research note on Wednesday, December 3rd. They issued an "outperform" rating for the company. Truist Financial assumed coverage on Pitney Bowes in a research report on Friday, December 12th. They set a "hold" rating and a $11.00 target price on the stock. Zacks Research downgraded Pitney Bowes from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 19th. Finally, Bank of America initiated coverage on Pitney Bowes in a report on Tuesday, February 17th. They set an "underperform" rating and a $9.00 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Pitney Bowes presently has an average rating of "Hold" and a consensus target price of $11.00.
Get Our Latest Stock Analysis on Pitney Bowes
About Pitney Bowes
(
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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