Vanguard Group Inc. Trims Position in Pitney Bowes Inc. $PBI

Vanguard Group Inc. cut its position in Pitney Bowes Inc. (NYSE:PBI) by 9.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 16,264,906 shares of the technology company’s stock after selling 1,742,304 shares during the quarter. Vanguard Group Inc. owned about 0.10% of Pitney Bowes worth $171,920,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PBI. Cannell & Spears LLC increased its stake in shares of Pitney Bowes by 89.5% in the third quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock worth $38,389,000 after purchasing an additional 1,588,579 shares in the last quarter. LSV Asset Management purchased a new stake in shares of Pitney Bowes in the third quarter worth $13,812,000. Cibc World Market Inc. grew its stake in Pitney Bowes by 2,724.6% during the third quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company’s stock valued at $9,540,000 after acquiring an additional 806,471 shares in the last quarter. Mizuho Markets Americas LLC purchased a new position in Pitney Bowes during the third quarter valued at $7,683,000. Finally, Invesco Ltd. grew its stake in Pitney Bowes by 29.5% during the third quarter. Invesco Ltd. now owns 2,622,003 shares of the technology company’s stock valued at $29,917,000 after acquiring an additional 597,938 shares in the last quarter. 67.88% of the stock is owned by hedge funds and other institutional investors.

More Pitney Bowes News

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

• Positive Sentiment: Sidoti raised several Pitney Bowes earnings estimates for 2026 and 2027, including full-year FY2026 and FY2027 forecasts, signaling improving profit expectations. Sidoti analyst estimate updates for Pitney Bowes
• Positive Sentiment: Pitney Bowes was added to the Zacks Rank #1 (Strong Buy) momentum list, which may draw trader and momentum investor interest. New Strong Buy Stocks for May 8th
• Positive Sentiment: Another Zacks note highlighted PBI as a possible near-term surge candidate, citing solid earnings estimate revisions. Why Pitney Bowes Might Be Well Poised for a Surge
• Positive Sentiment: The company’s recent earnings results were solid, with adjusted EPS meeting expectations and revenue coming in above forecasts, reinforcing the case for better fundamentals. Pitney Bowes Q1 2026 Earnings Transcript
• Neutral Sentiment: Yahoo Finance also published a piece asking whether the current valuation already reflects Pitney Bowes’ strong multi-year share price performance, suggesting debate about upside versus full pricing. Is Pitney Bowes Pricing Reflecting Its Strong Multi Year Share Price Performance
• Negative Sentiment: There was also a report framing PBI as trading lower earlier, likely reflecting short-term profit-taking or mixed market reaction to the news flow. Why Pitney Bowes stock is trading lower today

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on PBI shares. Citigroup reaffirmed an “outperform” rating on shares of Pitney Bowes in a research note on Friday, April 17th. Zacks Research raised shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Thursday. The Goldman Sachs Group set a $15.20 target price on shares of Pitney Bowes in a research note on Friday. Citizens Jmp raised their target price on shares of Pitney Bowes from $13.00 to $14.00 and gave the company a “market outperform” rating in a research note on Friday, April 17th. Finally, Truist Financial raised their target price on shares of Pitney Bowes from $11.00 to $15.00 and gave the company a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $13.30.

Pitney Bowes Stock Down 0.1%

PBI stock opened at $15.69 on Monday. Pitney Bowes Inc. has a 52 week low of $8.95 and a 52 week high of $15.95. The company has a fifty day simple moving average of $11.94 and a two-hundred day simple moving average of $10.87. The firm has a market capitalization of $2.12 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 0.99 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Pitney Bowes had a net margin of 8.92% and a negative return on equity of 33.41%. The business had revenue of $477.41 million during the quarter, compared to analyst estimates of $471.83 million. During the same quarter last year, the business earned $0.33 earnings per share. Pitney Bowes’s quarterly revenue was down 3.2% compared to the same quarter last year. As a group, analysts anticipate that Pitney Bowes Inc. will post 1.61 EPS for the current year.

Pitney Bowes Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, May 18th will be given a dividend of $0.01 per share. The ex-dividend date is Monday, May 18th. This represents a $0.04 annualized dividend and a yield of 0.3%. Pitney Bowes’s dividend payout ratio (DPR) is 34.95%.

Insider Buying and Selling at Pitney Bowes

In other news, Director Brent D. Rosenthal bought 4,000 shares of the stock in a transaction dated Friday, March 13th. The stock was purchased at an average price of $10.22 per share, for a total transaction of $40,880.00. Following the acquisition, the director owned 9,000 shares of the company’s stock, valued at $91,980. The trade was a 80.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kurt James Wolf sold 966,561 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $14.58, for a total transaction of $14,092,459.38. Following the completion of the sale, the chief executive officer owned 452,628 shares of the company’s stock, valued at $6,599,316.24. This trade represents a 68.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,456,054 shares of company stock valued at $34,864,180 in the last quarter. 6.50% of the stock is owned by company insiders.

Pitney Bowes Company 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.