Brent Rosenthal Buys 4,000 Shares of Pitney Bowes (NYSE:PBI) Stock

Pitney Bowes Inc. (NYSE:PBI) Director Brent Rosenthal purchased 4,000 shares of Pitney Bowes stock in a transaction on Friday, March 13th. The shares were acquired at an average price of $10.22 per share, for a total transaction of $40,880.00. Following the completion of the transaction, the director directly owned 9,000 shares of the company’s stock, valued at approximately $91,980. The trade was a 80.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Pitney Bowes Stock Performance

Shares of PBI opened at $9.80 on Thursday. Pitney Bowes Inc. has a fifty-two week low of $7.39 and a fifty-two week high of $13.11. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 11.80, a PEG ratio of 0.72 and a beta of 1.42. The firm has a 50 day moving average price of $10.48 and a 200-day moving average price of $10.61.

Pitney Bowes (NYSE:PBI) last released its earnings results on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. The company had revenue of $477.63 million for the quarter, compared to analyst estimates of $482.47 million. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. The firm’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. As a group, equities research analysts predict that Pitney Bowes Inc. will post 1.21 earnings per share for the current year.

Pitney Bowes Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be issued a $0.09 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.36 annualized dividend and a dividend yield of 3.7%. Pitney Bowes’s payout ratio is currently 43.37%.

Institutional Investors Weigh In On Pitney Bowes

Large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings in shares of Pitney Bowes by 41.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after acquiring an additional 1,015 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in Pitney Bowes by 190.9% in the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock valued at $40,000 after acquiring an additional 2,459 shares in the last quarter. UMB Bank n.a. boosted its holdings in Pitney Bowes by 404.6% in the fourth quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock valued at $43,000 after acquiring an additional 3,225 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in Pitney Bowes during the 2nd quarter valued at $51,000. Finally, Canada Pension Plan Investment Board purchased a new position in Pitney Bowes during the 2nd quarter valued at $51,000. 67.88% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PBI. Citigroup started coverage on Pitney Bowes in a research report on Wednesday, December 3rd. They set an “outperform” rating on the stock. Zacks Research downgraded Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Weiss Ratings restated a “hold (c)” rating on shares of Pitney Bowes in a report on Monday, December 29th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $13.00 target price on shares of Pitney Bowes in a research note on Wednesday, February 18th. Finally, Bank of America assumed coverage on shares of Pitney Bowes in a report on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.00.

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.