TABR Capital Management LLC Takes Position in Pitney Bowes Inc. $PBI

TABR Capital Management LLC bought a new stake in shares of Pitney Bowes Inc. (NYSE:PBI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 76,304 shares of the technology company’s stock, valued at approximately $807,000.

Several other large investors have also added to or reduced their stakes in PBI. Cannell & Spears LLC lifted its stake in Pitney Bowes by 89.5% in the third quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock valued at $38,389,000 after buying an additional 1,588,579 shares during the period. LSV Asset Management acquired a new stake in shares of Pitney Bowes during the 3rd quarter worth approximately $13,812,000. Cibc World Market Inc. grew its position in shares of Pitney Bowes by 2,724.6% during the 3rd quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company’s stock worth $9,540,000 after buying an additional 806,471 shares during the period. Mizuho Markets Americas LLC bought a new stake in shares of Pitney Bowes in the 3rd quarter valued at $7,683,000. Finally, Invesco Ltd. increased its stake in shares of Pitney Bowes by 29.5% in the 3rd 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. Institutional investors and hedge funds own 67.88% of the company’s stock.

Insider Transactions at Pitney Bowes

In related news, Director Brent D. Rosenthal acquired 4,000 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was purchased at an average cost of $10.22 per share, with a total value of $40,880.00. Following the acquisition, the director owned 9,000 shares of the company’s stock, valued at approximately $91,980. This trade represents a 80.00% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kurt James Wolf sold 150,000 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $10.38, for a total value of $1,557,000.00. Following the completion of the sale, the chief executive officer directly owned 557,637 shares of the company’s stock, valued at approximately $5,788,272.06. This trade represents a 21.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 9.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Bank of America began coverage on shares of Pitney Bowes in a research note on Tuesday, February 17th. They set an “underperform” rating and a $9.00 target price on the stock. Citizens Jmp reaffirmed a “market outperform” rating and issued a $13.00 price target on shares of Pitney Bowes in a research note on Wednesday, February 18th. Truist Financial began coverage on shares of Pitney Bowes in a report on Friday, December 12th. They set a “hold” rating and a $11.00 price objective on the stock. Citigroup began coverage on shares of Pitney Bowes in a research report on Wednesday, December 3rd. They set an “outperform” rating on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Pitney Bowes in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.00.

Pitney Bowes Stock Up 0.3%

Shares of PBI opened at $10.21 on Monday. The business’s fifty day moving average is $10.46 and its 200 day moving average is $10.57. Pitney Bowes Inc. has a 12-month low of $7.39 and a 12-month high of $13.11. The stock has a market cap of $1.53 billion, a P/E ratio of 12.30, a P/E/G ratio of 0.70 and a beta of 1.42.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. The business had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. During the same quarter in the previous year, the business posted $0.32 EPS. Pitney Bowes’s quarterly 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. On average, analysts expect that Pitney Bowes Inc. will post 1.21 EPS for the current year.

Pitney Bowes Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, February 27th. Pitney Bowes’s dividend payout ratio is currently 43.37%.

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.