Pitney Bowes (NYSE:PBI) EVP Lauren Freemen-Bosworth Sells 1,387 Shares of Stock

Pitney Bowes Inc. (NYSE:PBI) EVP Lauren Freemen-Bosworth sold 1,387 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $12.53, for a total value of $17,379.11. Following the completion of the transaction, the executive vice president owned 28,498 shares in the company, valued at $357,079.94. This represents a 4.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lauren Freemen-Bosworth also recently made the following trade(s):

• On Thursday, April 16th, Lauren Freemen-Bosworth sold 651 shares of Pitney Bowes stock. The stock was sold at an average price of $12.00, for a total value of $7,812.00.
• On Friday, April 10th, Lauren Freemen-Bosworth sold 693 shares of Pitney Bowes stock. The stock was sold at an average price of $11.50, for a total value of $7,969.50.

Pitney Bowes Stock Up 5.7%

NYSE:PBI opened at $12.86 on Friday. Pitney Bowes Inc. has a 12-month low of $7.75 and a 12-month high of $13.11. The firm has a market capitalization of $1.85 billion, a P/E ratio of 15.50, a P/E/G ratio of 0.84 and a beta of 1.39. The stock’s fifty day simple moving average is $10.80 and its 200-day simple moving average is $10.53.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $482.47 million. During the same period last year, the company earned $0.32 EPS. The firm’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. As a group, equities research analysts expect that Pitney Bowes Inc. will post 1.21 earnings per share for the current year.

Pitney Bowes Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, February 27th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, February 27th. This represents a $0.36 annualized dividend and a yield of 2.8%. Pitney Bowes’s payout ratio is currently 43.37%.

Analysts Set New Price Targets

Several research analysts have weighed in on PBI shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Pitney Bowes in a report on Friday, March 27th. Citizens Jmp lifted their target price on Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a report on Friday. Bank of America started coverage on Pitney Bowes in a report on Tuesday, February 17th. They set an “underperform” rating and a $9.00 target price on the stock. Citigroup reiterated an “outperform” rating on shares of Pitney Bowes in a report on Friday. Finally, Zacks Research lowered Pitney Bowes from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 19th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Pitney Bowes presently has a consensus rating of “Hold” and an average price target of $11.25.

Institutional Trading of Pitney Bowes

Hedge funds and other institutional investors have recently modified their holdings of the stock. Capital Management Corp VA increased its position in Pitney Bowes by 8.2% during the third quarter. Capital Management Corp VA now owns 2,337,760 shares of the technology company’s stock worth $26,674,000 after buying an additional 176,180 shares during the last quarter. Evergreen Wealth Management LLC acquired a new position in Pitney Bowes during the third quarter worth approximately $6,691,000. Allspring Global Investments Holdings LLC increased its position in Pitney Bowes by 76.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 555,747 shares of the technology company’s stock worth $6,341,000 after buying an additional 241,465 shares during the last quarter. Mizuho Markets Americas LLC acquired a new position in Pitney Bowes during the third quarter worth approximately $7,683,000. Finally, Phoenix Financial Ltd. acquired a new position in Pitney Bowes during the third quarter worth approximately $3,493,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

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.