Jupiter Topco LLC Takes Position in Pitney Bowes Inc. $PBI

Jupiter Topco LLC bought a new stake in Pitney Bowes Inc. (NYSE:PBI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,932 shares of the technology company’s stock, valued at approximately $1,033,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Longview Financial Advisors Inc. bought a new stake in Pitney Bowes in the 1st quarter valued at $26,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Pitney Bowes by 41.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after acquiring an additional 1,015 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Pitney Bowes by 190.9% during the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after acquiring an additional 2,459 shares during the period. UMB Bank n.a. boosted its position in shares of Pitney Bowes by 404.6% during the 4th 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. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Pitney Bowes during the 2nd quarter valued at about $51,000. 67.88% of the stock is owned by institutional investors.

Pitney Bowes Stock Performance

Shares of NYSE:PBI opened at $17.32 on Friday. The business has a fifty day moving average of $17.41 and a 200-day moving average of $14.92. Pitney Bowes Inc. has a twelve month low of $8.95 and a twelve month high of $19.07. The firm has a market cap of $2.37 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 0.70 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.09. The firm had revenue of $451.50 million for the quarter, compared to analyst estimates 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 was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, analysts anticipate that Pitney Bowes Inc. will post 1.68 EPS for the current fiscal year.

Pitney Bowes Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be given 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 is Monday, August 10th. Pitney Bowes’s dividend payout ratio is presently 32.79%.

Insider Activity at Pitney Bowes

In related news, CEO Kurt Wolf sold 1,920 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $17.42, for a total value of $33,446.40. Following the completion of the sale, the chief executive officer owned 122,790 shares of the company’s stock, valued at $2,139,001.80. This trade represents a 1.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Todd Everett sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $18.07, for a total transaction of $451,750.00. Following the completion of the transaction, the executive vice president owned 96,048 shares of the company’s stock, valued at $1,735,587.36. This trade represents a 20.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,419,467 shares of company stock worth $42,373,690 over the last three months. 6.50% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently issued reports on PBI. Citigroup reissued a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $17.30 price objective 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 note on Friday, July 31st. Truist Financial increased their target price on Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 31st. Finally, Zacks Research raised Pitney Bowes from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $18.45.

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.