Key Points
- Pitney Bowes EVP Todd Everett sold 25,000 shares for approximately $451,750 at an average price of $18.07, reducing his ownership by 20.65% to 96,048 shares.
- Pitney Bowes reported quarterly EPS of $0.43, beating estimates of $0.34, while revenue of $451.5 million fell short of expectations and declined 2.4% year over year. The company maintained fiscal 2026 EPS guidance of $1.55–$1.70.
- The stock recently opened at $17.92, near its 52-week high of $19.07, while analysts’ consensus rating remains “Hold” with an average price target of $18.45.
Pitney Bowes Inc. (NYSE:PBI - Get Free Report) EVP Todd Everett sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $18.07, for a total value of $451,750.00. Following the completion of the sale, the executive vice president owned 96,048 shares of the company's stock, valued at $1,735,587.36. This trade represents a 20.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Pitney Bowes Stock Performance
PBI opened at $17.92 on Friday. Pitney Bowes Inc. has a one year low of $8.95 and a one year high of $19.07. The stock's fifty day moving average is $17.52 and its 200-day moving average is $14.00. The company has a market capitalization of $2.46 billion, a PE ratio of 14.69, a P/E/G ratio of 0.73 and a beta of 1.63.
Pitney Bowes (NYSE:PBI - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.09. The business had revenue of $451.50 million during the quarter, compared to analysts' expectations of $453.94 million. Pitney Bowes had a negative return on equity of 31.37% and a net margin of 10.04%.The company's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the business posted $0.27 earnings per share. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, equities research analysts forecast that Pitney Bowes Inc. will post 1.68 EPS for the current fiscal year.
Pitney Bowes Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be given a dividend of $0.01 per share. The ex-dividend date 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 32.79%.
Institutional Trading of Pitney Bowes
A number of hedge funds have recently modified their holdings of the business. Capital Management Corp VA increased its stake in shares of Pitney Bowes by 25.3% in the fourth quarter. Capital Management Corp VA now owns 2,930,328 shares of the technology company's stock worth $30,974,000 after acquiring an additional 592,568 shares during the last quarter. TABR Capital Management LLC acquired a new stake in Pitney Bowes during the fourth quarter valued at $807,000. Solidarity Wealth LLC acquired a new stake in Pitney Bowes during the fourth quarter valued at $6,236,000. Gamco Investors INC. ET AL grew its stake in Pitney Bowes by 33.8% in the fourth quarter. Gamco Investors INC. ET AL now owns 491,200 shares of the technology company's stock valued at $5,192,000 after purchasing an additional 124,000 shares in the last quarter. Finally, Evergreen Wealth Management LLC increased its position in Pitney Bowes by 19.1% in the 4th quarter. Evergreen Wealth Management LLC now owns 698,354 shares of the technology company's stock worth $7,382,000 after purchasing an additional 111,936 shares during the last quarter. Hedge funds and other institutional investors own 67.88% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the stock. Zacks Research downgraded shares of Pitney Bowes from a "strong-buy" rating to a "hold" rating in a report on Friday, July 10th. Citigroup restated a "market outperform" rating on shares of Pitney Bowes in a report on Friday, July 31st. Citizens Jmp upped 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. Bank of America upgraded Pitney Bowes from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $9.50 to $16.50 in a research report on Monday, May 11th. Finally, Wall Street Zen raised Pitney Bowes from a "buy" rating to a "strong-buy" rating in a research note on Saturday, April 25th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $18.45.
Read Our Latest 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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