Redmont Wealth Advisors LLC Acquires New Position in Pitney Bowes Inc. $PBI

Redmont Wealth Advisors LLC bought a new position in shares of Pitney Bowes Inc. (NYSE:PBI) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 76,546 shares of the technology company’s stock, valued at approximately $873,000. Pitney Bowes accounts for 1.2% of Redmont Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Trail Ridge Investment Advisors LLC boosted its stake in shares of Pitney Bowes by 5.1% during the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 20,890 shares of the technology company’s stock worth $238,000 after acquiring an additional 1,008 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Pitney Bowes by 41.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after purchasing an additional 1,015 shares in the last quarter. New York State Teachers Retirement System raised its holdings in Pitney Bowes by 0.5% during the second quarter. New York State Teachers Retirement System now owns 257,827 shares of the technology company’s stock worth $2,813,000 after purchasing an additional 1,246 shares during the last quarter. Baird Financial Group Inc. boosted its position in Pitney Bowes by 12.5% during the second quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company’s stock worth $144,000 after purchasing an additional 1,459 shares in the last quarter. Finally, Amalgamated Bank grew its holdings in Pitney Bowes by 3.4% in the third quarter. Amalgamated Bank now owns 46,680 shares of the technology company’s stock valued at $533,000 after purchasing an additional 1,555 shares during the last quarter. 67.88% of the stock is owned by hedge funds and other institutional investors.

Key Pitney Bowes News

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Q4 earnings beat: Pitney Bowes reported adjusted EPS of $0.45, topping the Street consensus (~$0.38), which traderstypically reward even though revenue was down year‑over‑year. Zacks: Q4 Earnings
• Positive Sentiment: FY‑2026 guidance set: Management gave EPS guidance of $1.40–$1.60 for FY‑2026 (around or slightly above consensus midpoints), which reduces near‑term forecast uncertainty. BusinessWire: Results & CEO Letter
• Positive Sentiment: Quarterly dividend declared: Pitney Bowes announced a $0.09 quarterly dividend (≈3.2% yield) with an ex‑dividend date Feb 27, which can attract income‑oriented investors.
• Positive Sentiment: Corporate/management moves: Appointment of Steve Fischer as President of The Pitney Bowes Bank signals strengthening of the financial‑services arm. Yahoo: Bank President Hire
• Positive Sentiment: Insider buying and institutional movements cited in coverage may be read as confidence signals by some investors. QuiverQuant: Insider Activity
• Neutral Sentiment: Analyst mix: Citizens JMP reaffirmed a “market outperform” rating with a $13 PT (upside from current levels), while Bank of America initiated coverage with an “underperform” $9 PT — creating divergent near‑term analyst signals. TickerReport / Benzinga
• Neutral Sentiment: Investor materials: Company posted the earnings slide deck and CEO letter (useful for investors reviewing segment guidance and strategy). Seeking Alpha: Slide Deck
• Negative Sentiment: Revenue and profitability pressure: Revenue fell ~7.5% YoY to $477.6M and missed/slightly trailed some estimates; operating profit and net income showed declines versus prior year, underscoring execution/volume headwinds. MSN: Sales Below Estimates
• Negative Sentiment: Mixed metrics and legacy balance‑sheet items: Some reports note weaker GAAP profitability swings and a large liabilities base; these longer‑term fundamentals keep downside risk if top‑line recovery lags. Investing.com: Profitability Focus

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PBI shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pitney Bowes in a research note on Monday, December 29th. Zacks Research upgraded shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Bank of America initiated coverage on shares of Pitney Bowes in a report on Tuesday. They issued an “underperform” rating and a $9.00 price target on the stock. Citigroup initiated coverage on shares of Pitney Bowes in a research note on Wednesday, December 3rd. They set an “outperform” rating for the company. Finally, The Goldman Sachs Group started coverage on Pitney Bowes in a research note on Monday, November 3rd. They issued a “neutral” rating and a $11.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $11.00.

Pitney Bowes Stock Performance

Shares of NYSE PBI opened at $11.12 on Thursday. The firm has a market cap of $1.79 billion, a P/E ratio of 13.40, a price-to-earnings-growth ratio of 0.48 and a beta of 1.41. Pitney Bowes Inc. has a 1 year low of $7.39 and a 1 year high of $13.11. The firm’s 50 day moving average price is $10.45 and its 200 day moving average price is $10.76.

Pitney Bowes (NYSE:PBI) last issued its quarterly earnings results on Tuesday, February 17th. The technology company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 40.49% and a net margin of 7.65%.The company had revenue of $477.63 million during the quarter, compared to the consensus estimate of $482.47 million. During the same period in the previous year, the firm posted $0.32 EPS. Pitney Bowes’s 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. As a group, equities analysts predict that Pitney Bowes Inc. will post 1.21 EPS for the current year.

Pitney Bowes Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, February 27th. Pitney Bowes’s dividend payout ratio (DPR) is presently 80.00%.

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.