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

Quantinno Capital Management LP reduced its stake in Pitney Bowes Inc. (NYSE:PBI) by 43.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in PBI. Longview Financial Advisors Inc. acquired a new position in Pitney Bowes in the 1st quarter valued at $26,000. EverSource Wealth Advisors LLC increased its position in shares of Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after purchasing an additional 1,015 shares during the period. Hantz Financial Services Inc. increased its position in shares of Pitney Bowes by 190.9% in the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after purchasing an additional 2,459 shares during the period. UMB Bank n.a. lifted its position in Pitney Bowes by 404.6% during the fourth quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock worth $43,000 after purchasing an additional 3,225 shares during the period. Finally, Canada Pension Plan Investment Board bought a new stake in Pitney Bowes during the second quarter worth about $51,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on PBI. The Goldman Sachs Group reissued a “neutral” rating and issued a $17.30 target price on shares of Pitney Bowes in a report on Thursday, July 30th. Bank of America raised shares of Pitney Bowes from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $9.50 to $16.50 in a report on Monday, May 11th. Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. Zacks Research raised shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.45.

Insider Buying and Selling

In other news, CEO Kurt James Wolf sold 430,443 shares of Pitney Bowes stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $18.23, for a total transaction of $7,846,975.89. Following the sale, the chief executive officer directly owned 179,190 shares of the company’s stock, valued at approximately $3,266,633.70. This trade represents a 70.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 2,476,376 shares of company stock valued at $43,266,688 in the last ninety days. 6.50% of the stock is currently owned by company insiders.

Pitney Bowes Price Performance

Shares of Pitney Bowes stock opened at $16.12 on Thursday. Pitney Bowes Inc. has a fifty-two week low of $8.95 and a fifty-two week high of $19.07. The firm has a market capitalization of $2.21 billion, a P/E ratio of 13.21, a P/E/G ratio of 0.65 and a beta of 1.63. The company’s 50 day moving average price is $17.49 and its two-hundred day moving average price is $14.40.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.09. The company 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 company’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 earnings per share. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, analysts expect that Pitney Bowes Inc. will post 1.68 earnings per share for the current year.

Pitney Bowes Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders 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 yield of 0.2%. The ex-dividend date of this dividend is Monday, August 10th. Pitney Bowes’s dividend payout ratio is presently 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.