Redmont Wealth Advisors LLC Makes New $873,000 Investment in Pitney Bowes Inc. $PBI

Redmont Wealth Advisors LLC purchased a new stake in Pitney Bowes Inc. (NYSE:PBI) during the third quarter, HoldingsChannel.com reports. The firm purchased 76,546 shares of the technology company’s stock, valued at approximately $873,000. Pitney Bowes accounts for about 1.2% of Redmont Wealth Advisors LLC’s investment portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in PBI. EverSource Wealth Advisors LLC raised its position in shares of Pitney Bowes by 41.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after buying an additional 1,015 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in Pitney Bowes during the second quarter worth about $51,000. Canada Pension Plan Investment Board purchased a new position in shares of Pitney Bowes in the 2nd quarter worth about $51,000. United Services Automobile Association purchased a new position in shares of Pitney Bowes in the 1st quarter worth about $96,000. Finally, PFG Investments LLC purchased a new stake in shares of Pitney Bowes during the 3rd quarter worth about $127,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Pitney Bowes Stock Up 8.6%

Shares of NYSE PBI opened at $11.12 on Thursday. Pitney Bowes Inc. has a fifty-two week low of $7.39 and a fifty-two week high of $13.11. The business has a 50 day moving average price of $10.45 and a two-hundred day moving average price of $10.76. The firm has a market cap of $1.79 billion, a PE ratio of 13.40, a price-to-earnings-growth ratio of 0.48 and a beta of 1.41.

Pitney Bowes (NYSE:PBI) last released its earnings results on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 40.49% and a net margin of 7.65%.The company had revenue of $477.63 million during the quarter, compared to analysts’ expectations of $482.47 million. During the same period in the prior year, the business posted $0.32 EPS. The business’s revenue was down 7.5% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. On average, analysts anticipate that Pitney Bowes Inc. will post 1.21 earnings per share for the current year.

Pitney Bowes Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, February 27th. Pitney Bowes’s dividend payout ratio (DPR) is currently 80.00%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PBI. Truist Financial assumed coverage on shares of Pitney Bowes in a report on Friday, December 12th. They issued a “hold” rating and a $11.00 price target on the stock. Bank of America began coverage on Pitney Bowes in a research report on Tuesday. They issued an “underperform” rating and a $9.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Pitney Bowes in a research note on Monday, December 29th. Citizens Jmp reissued a “market outperform” rating and set a $13.00 price target on shares of Pitney Bowes in a research report on Wednesday. Finally, Citigroup assumed coverage on shares of Pitney Bowes in a research note on Wednesday, December 3rd. They set an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Pitney Bowes presently has a consensus rating of “Hold” and an average target price of $11.00.

Key Headlines Impacting Pitney Bowes

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Q4 earnings beat: Pitney Bowes reported adjusted EPS of $0.45, topping the Street consensus (~$0.38), which traderstypically reward even though revenue was down year‑over‑year. Zacks: Q4 Earnings
• Positive Sentiment: FY‑2026 guidance set: Management gave EPS guidance of $1.40–$1.60 for FY‑2026 (around or slightly above consensus midpoints), which reduces near‑term forecast uncertainty. BusinessWire: Results & CEO Letter
• Positive Sentiment: Quarterly dividend declared: Pitney Bowes announced a $0.09 quarterly dividend (≈3.2% yield) with an ex‑dividend date Feb 27, which can attract income‑oriented investors.
• Positive Sentiment: Corporate/management moves: Appointment of Steve Fischer as President of The Pitney Bowes Bank signals strengthening of the financial‑services arm. Yahoo: Bank President Hire
• Positive Sentiment: Insider buying and institutional movements cited in coverage may be read as confidence signals by some investors. QuiverQuant: Insider Activity
• Neutral Sentiment: Analyst mix: Citizens JMP reaffirmed a “market outperform” rating with a $13 PT (upside from current levels), while Bank of America initiated coverage with an “underperform” $9 PT — creating divergent near‑term analyst signals. TickerReport / Benzinga
• Neutral Sentiment: Investor materials: Company posted the earnings slide deck and CEO letter (useful for investors reviewing segment guidance and strategy). Seeking Alpha: Slide Deck
• Negative Sentiment: Revenue and profitability pressure: Revenue fell ~7.5% YoY to $477.6M and missed/slightly trailed some estimates; operating profit and net income showed declines versus prior year, underscoring execution/volume headwinds. MSN: Sales Below Estimates
• Negative Sentiment: Mixed metrics and legacy balance‑sheet items: Some reports note weaker GAAP profitability swings and a large liabilities base; these longer‑term fundamentals keep downside risk if top‑line recovery lags. Investing.com: Profitability Focus

Pitney Bowes Profile

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.