Quantinno Capital Management LP Has $603,000 Stake in Pitney Bowes Inc. $PBI

Quantinno Capital Management LP lessened its stake in Pitney Bowes Inc. (NYSE:PBI) by 43.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 54,581 shares of the technology company’s stock after selling 41,991 shares during the period. Quantinno Capital Management LP’s holdings in Pitney Bowes were worth $603,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Management Corp VA lifted 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 period. TABR Capital Management LLC bought a new position in Pitney Bowes during the 4th quarter worth approximately $807,000. Solidarity Wealth LLC bought a new position in Pitney Bowes during the 4th quarter worth approximately $6,236,000. Gamco Investors INC. ET AL lifted its position in shares of Pitney Bowes by 33.8% in the 4th quarter. Gamco Investors INC. ET AL now owns 491,200 shares of the technology company’s stock worth $5,192,000 after purchasing an additional 124,000 shares during the period. Finally, Evergreen Wealth Management LLC lifted its position in shares of 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 period. Institutional investors and hedge funds own 67.88% of the company’s stock.

Insider Buying and Selling at Pitney Bowes

In other Pitney Bowes news, EVP Todd A. Everett sold 25,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $18.07, for a total transaction of $451,750.00. Following the completion of the sale, the executive vice president owned 96,048 shares in the company, valued at approximately $1,735,587.36. The trade was a 20.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Kurt James Wolf sold 413,266 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $18.11, for a total transaction of $7,484,247.26. Following the transaction, the chief executive officer owned 122,963 shares in the company, valued at approximately $2,226,859.93. The trade was a 77.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,476,376 shares of company stock valued at $43,266,688. 6.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PBI. Weiss Ratings upgraded shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Truist Financial upped their price target on shares of Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a research report on Friday, July 31st. Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a report on Friday, July 31st. Wall Street Zen raised Pitney Bowes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. Finally, Zacks Research raised Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $18.45.

Pitney Bowes Price Performance

PBI stock opened at $16.12 on Thursday. The company’s 50-day moving average is $17.49 and its 200-day moving average is $14.40. The stock has a market capitalization of $2.21 billion, a PE ratio of 13.21, a price-to-earnings-growth ratio of 0.65 and a beta of 1.63. Pitney Bowes Inc. has a 1 year low of $8.95 and a 1 year high of $19.07.

Pitney Bowes (NYSE:PBI) last issued its earnings results 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 negative return on equity of 31.37% and a net margin of 10.04%.The business had revenue of $451.50 million during the quarter, compared to analyst estimates of $453.94 million. During the same period in the previous year, the company posted $0.27 EPS. The firm’s revenue was down 2.4% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, analysts anticipate that Pitney Bowes Inc. will post 1.68 earnings per share for the current fiscal year.

Pitney Bowes Dividend Announcement

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

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.