Pitney Bowes (NYSE:PBI) EVP Todd Everett Sells 10,000 Shares

Posted by George Bondi on Sep 12th, 2026

Pitney Bowes Inc. (NYSE:PBI – Get Free Report) EVP Todd Everett sold 10,000 shares of Pitney Bowes stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $16.89, for a total value of $168,900.00. Following the transaction, the executive vice president directly owned 86,048 shares of the company’s stock, valued at $1,453,350.72. This trade represents a 10.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pitney Bowes Stock Up 0.5%

Pitney Bowes stock opened at $17.05 on Friday. The firm has a market capitalization of $2.34 billion, a PE ratio of 13.98, a P/E/G ratio of 0.68 and a beta of 1.64. Pitney Bowes Inc. has a 52 week low of $8.95 and a 52 week high of $19.07. The firm’s 50-day simple moving average is $17.39 and its 200 day simple moving average is $15.15.

Pitney Bowes (NYSE:PBI – Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.09. The firm had revenue of $451.50 million during the quarter, compared to the consensus estimate of $453.94 million. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 31.37%. The firm’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same period last year, the firm posted $0.27 EPS. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, research analysts expect that Pitney Bowes Inc. will post 1.68 EPS for the current fiscal year.

Pitney Bowes Dividend Announcement

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

Hedge Funds Weigh In On Pitney Bowes

Several institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Pitney Bowes during the second quarter worth approximately $220,473,000. State Street Corp raised its holdings in Pitney Bowes by 3.1% in the 2nd quarter. State Street Corp now owns 6,366,188 shares of the technology company’s stock valued at $69,455,000 after acquiring an additional 188,886 shares during the last quarter. LSV Asset Management lifted its stake in shares of Pitney Bowes by 246.7% during the 4th quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock worth $44,364,000 after purchasing an additional 2,986,689 shares during the period. California State Teachers Retirement System lifted 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 worth $60,525,000 after purchasing an additional 3,252,127 shares during the period. Finally, Permit Capital LLC boosted its holdings in shares of Pitney Bowes by 14.0% during the fourth quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company’s stock worth $34,352,000 after purchasing an additional 400,000 shares during the last quarter. Hedge funds and other institutional investors own 67.88% of the company’s stock.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on PBI

About Pitney Bowes

(Get Free Report)

Pitney Bowes Inc (NYSE:PBI) is a global technology, shipping and mailing company that provides solutions for businesses managing physical and digital communications, parcels and mail. Its offerings include mailing and shipping equipment, software, supplies, services and financing options designed to help organizations process, track and deliver items.

The company operates through businesses focused on shipping and mailing technology and presort services. Its products and services include postage meters and other mailroom equipment, cloud-based shipping and mailing software, parcel management tools, address and data services, and outsourced mail processing.