Pitney Bowes (NYSE:PBI) Director Brent Rosenthal Acquires 4,000 Shares

Pitney Bowes Inc. (NYSE:PBI) Director Brent Rosenthal bought 4,000 shares of the business’s stock in a transaction on Friday, March 13th. The stock was bought at an average price of $10.22 per share, with a total value of $40,880.00. Following the transaction, the director owned 9,000 shares in the company, valued at approximately $91,980. This represents a 80.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Pitney Bowes Stock Up 0.4%

Pitney Bowes stock opened at $10.38 on Wednesday. Pitney Bowes Inc. has a 12 month low of $7.39 and a 12 month high of $13.11. The stock has a market cap of $1.56 billion, a P/E ratio of 12.50, a P/E/G ratio of 0.71 and a beta of 1.42. The company’s fifty day simple moving average is $10.49 and its 200-day simple moving average is $10.62.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. During the same period last year, the company earned $0.32 earnings per share. Pitney Bowes’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. On average, equities research analysts expect that Pitney Bowes Inc. will post 1.21 earnings per share for the current fiscal year.

Pitney Bowes Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.5%. Pitney Bowes’s dividend payout ratio (DPR) is 43.37%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Pitney Bowes in a research note on Monday, December 29th. Truist Financial began coverage on shares of Pitney Bowes in a research note on Friday, December 12th. They issued a “hold” rating and a $11.00 target price for the company. Zacks Research downgraded shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Bank of America started coverage on shares of Pitney Bowes in a research note on Tuesday, February 17th. They set an “underperform” rating and a $9.00 price target on the stock. Finally, Citigroup initiated coverage on shares of Pitney Bowes in a research note on Wednesday, December 3rd. They issued an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $11.00.

Institutional Investors Weigh In On Pitney Bowes

Several institutional investors and hedge funds have recently added to or reduced their stakes in PBI. Royal Bank of Canada raised its position in shares of Pitney Bowes by 133.1% in the first quarter. Royal Bank of Canada now owns 52,958 shares of the technology company’s stock valued at $478,000 after purchasing an additional 30,238 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Pitney Bowes by 5.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 97,424 shares of the technology company’s stock worth $882,000 after buying an additional 5,149 shares during the period. United Services Automobile Association acquired a new position in Pitney Bowes in the 1st quarter valued at $96,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Pitney Bowes by 18.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 470,488 shares of the technology company’s stock valued at $4,258,000 after buying an additional 72,437 shares during the last quarter. Finally, Intech Investment Management LLC raised its holdings in Pitney Bowes by 15.5% in the 1st quarter. Intech Investment Management LLC now owns 195,309 shares of the technology company’s stock worth $1,768,000 after acquiring an additional 26,260 shares during the period. 67.88% of the stock is currently owned by institutional investors and hedge funds.

About Pitney Bowes

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.