Wealth Effects LLC Invests $894,000 in Pitney Bowes Inc. $PBI

Wealth Effects LLC acquired a new stake in Pitney Bowes Inc. (NYSE:PBI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 51,000 shares of the technology company’s stock, valued at approximately $894,000.

Other large investors have also added to or reduced their stakes in the company. Longview Financial Advisors Inc. bought a new position in Pitney Bowes in the 1st quarter valued at approximately $26,000. EverSource Wealth Advisors LLC grew its holdings in Pitney Bowes by 41.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after acquiring an additional 1,015 shares during the last quarter. Hantz Financial Services Inc. increased its position in Pitney Bowes by 190.9% in the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock valued at $40,000 after acquiring an additional 2,459 shares during the period. UMB Bank n.a. increased its position in Pitney Bowes by 404.6% in the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock valued at $43,000 after acquiring an additional 3,225 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new position in Pitney Bowes in the 2nd quarter valued at approximately $51,000. Institutional investors own 67.88% of the company’s stock.

Insider Transactions at Pitney Bowes

In other news, CEO Kurt James Wolf sold 413,266 shares of Pitney Bowes stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $18.11, for a total value of $7,484,247.26. Following the completion of the transaction, the chief executive officer directly owned 122,963 shares of the company’s stock, valued at approximately $2,226,859.93. This trade represents a 77.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Todd A. Everett sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $18.07, for a total value of $451,750.00. Following the completion of the transaction, the executive vice president directly owned 96,048 shares in the company, valued at $1,735,587.36. This represents a 20.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,476,376 shares of company stock valued at $43,266,688. Company insiders own 6.50% of the company’s stock.

Pitney Bowes Stock Performance

Pitney Bowes stock opened at $16.40 on Monday. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 0.66 and a beta of 1.63. Pitney Bowes Inc. has a 52-week low of $8.95 and a 52-week high of $19.07. The firm has a 50 day moving average price of $17.53 and a two-hundred day moving average price of $14.28.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.09. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 31.37%. The company had revenue of $451.50 million for the quarter, compared to analyst estimates of $453.94 million. During the same period in the prior year, the firm posted $0.27 EPS. The company’s quarterly revenue was down 2.4% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. As a group, equities research analysts predict that Pitney Bowes Inc. will post 1.68 EPS for the current fiscal year.

Pitney Bowes Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, August 10th. Pitney Bowes’s dividend payout ratio (DPR) is presently 32.79%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on PBI. The Goldman Sachs Group reiterated a “neutral” rating and set a $17.30 price target on shares of Pitney Bowes in a report on Thursday, July 30th. Wall Street Zen upgraded Pitney Bowes from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 25th. Weiss Ratings raised Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Zacks Research raised Pitney Bowes from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $18.45.

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.