Deborah Pfeiffer Sells 20,000 Shares of Pitney Bowes (NYSE:PBI) Stock

Pitney Bowes Inc. (NYSE:PBIGet Free Report) EVP Deborah Pfeiffer sold 20,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $17.11, for a total transaction of $342,200.00. Following the sale, the executive vice president directly owned 79,223 shares of the company’s stock, valued at approximately $1,355,505.53. The trade was a 20.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Pitney Bowes Stock Down 1.1%

Shares of Pitney Bowes stock opened at $16.97 on Friday. The firm’s 50 day moving average price is $17.38 and its 200-day moving average price is $15.14. Pitney Bowes Inc. has a 52-week low of $8.95 and a 52-week high of $19.07. The company has a market cap of $2.33 billion, a P/E ratio of 13.91, a PEG ratio of 0.69 and a beta of 1.64.

Pitney Bowes (NYSE:PBIGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.43 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $451.50 million during the quarter, compared to analyst estimates of $453.94 million. During the same quarter in the previous year, the business posted $0.27 EPS. Pitney Bowes’s 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 forecast that Pitney Bowes Inc. will post 1.68 EPS for the current fiscal year.

Pitney Bowes Dividend Announcement

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

Institutional Trading of Pitney Bowes

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in Pitney Bowes during the second quarter valued at $220,473,000. California State Teachers Retirement System raised its stake in shares of Pitney Bowes by 1,606.1% during the 2nd quarter. California State Teachers Retirement System now owns 3,454,611 shares of the technology company’s stock valued at $60,525,000 after buying an additional 3,252,127 shares during the last quarter. LSV Asset Management lifted its holdings in shares of Pitney Bowes by 246.7% in the 4th quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock valued at $44,364,000 after buying an additional 2,986,689 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Pitney Bowes in the 2nd quarter valued at about $28,683,000. Finally, Hsbc Holdings PLC purchased a new stake in shares of Pitney Bowes in the second quarter worth about $27,762,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on PBI shares. Citizens Jmp raised their price objective on Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” 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 research report on Monday, August 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $17.30 price target on shares of Pitney Bowes in a research note on Thursday, July 30th. Citigroup reissued a “market outperform” rating on shares of Pitney Bowes in a report on Friday, July 31st. Finally, Weiss Ratings upgraded shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $18.45.

Check Out Our Latest Stock Report on Pitney Bowes

Pitney Bowes Company Profile

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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.

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Insider Buying and Selling by Quarter for Pitney Bowes (NYSE:PBI)

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