Deutsche Bank AG Takes $9.64 Million Position in Pitney Bowes Inc. $PBI

Key Points

• Deutsche Bank acquired 550,443 Pitney Bowes shares during the second quarter, worth approximately $9.64 million and representing about 0.40% of the company. Institutional investors and hedge funds collectively own 67.88% of PBI.
• Pitney Bowes reported quarterly EPS of $0.43, exceeding analysts’ $0.34 estimate, though revenue fell 2.4% year over year to $451.5 million. The company maintained fiscal 2026 EPS guidance of $1.55 to $1.70.
• Shares opened at $16.40, while analysts’ average rating remained “Moderate Buy” with an $18.45 price target. However, insiders sold more than 2.4 million shares worth $42.6 million over the past 90 days, including substantial sales by the CEO and an executive vice president.

Deutsche Bank AG acquired a new position in shares of Pitney Bowes Inc. (NYSE:PBI - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 550,443 shares of the technology company's stock, valued at approximately $9,644,000. Deutsche Bank AG owned about 0.40% of Pitney Bowes at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of PBI. LSV Asset Management boosted its stake in Pitney Bowes by 246.7% during the fourth quarter. LSV Asset Management now owns 4,197,189 shares of the technology company's stock worth $44,364,000 after buying an additional 2,986,689 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Pitney Bowes in the 2nd quarter valued at approximately $28,683,000. Assenagon Asset Management S.A. purchased a new stake in shares of Pitney Bowes in the 1st quarter valued at approximately $16,403,000. Pacer Advisors Inc. acquired a new position in shares of Pitney Bowes in the 1st quarter worth approximately $12,950,000. Finally, Millennium Management LLC lifted its holdings in shares of Pitney Bowes by 60.2% in the 4th quarter. Millennium Management LLC now owns 2,630,801 shares of the technology company's stock worth $27,808,000 after acquiring an additional 988,653 shares during the last quarter. Institutional investors and hedge funds own 67.88% of the company's stock.

Pitney Bowes Stock Down 0.5%

Shares of NYSE:PBI opened at $16.40 on Monday. Pitney Bowes Inc. has a fifty-two week low of $8.95 and a fifty-two week high of $19.07. The firm's 50 day moving average price is $17.45 and its 200 day moving average price is $14.48. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 13.44, a price-to-earnings-growth ratio of 0.66 and a beta of 1.63.

• Pitney Bowes NYSE: PBI is Surging, Is it Too Risky?

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

Pitney Bowes Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, August 10th. Pitney Bowes's payout ratio is 32.79%.

Insider Buying and Selling at Pitney Bowes

In other Pitney Bowes news, CEO Kurt James Wolf sold 413,266 shares of the firm's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $18.11, for a total value of $7,484,247.26. Following the sale, the chief executive officer directly owned 122,963 shares in the company, valued at $2,226,859.93. This trade represents a 77.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Todd A. Everett sold 25,000 shares of Pitney Bowes stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $18.07, for a total value of $451,750.00. Following the sale, the executive vice president directly owned 96,048 shares of the company's stock, valued at $1,735,587.36. This trade represents a 20.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 2,435,900 shares of company stock valued at $42,634,452. Corporate insiders own 6.50% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PBI. Bank of America upgraded shares of Pitney Bowes from an "underperform" rating to a "neutral" rating and lifted their target price for the company from $9.50 to $16.50 in a report on Monday, May 11th. Citigroup restated a "market outperform" rating on shares of Pitney Bowes in a research report on Friday, July 31st. Weiss Ratings raised Pitney Bowes from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a "neutral" rating and issued a $17.30 price objective on shares of Pitney Bowes in a report on Thursday, July 30th. Finally, Citizens Jmp increased their target price on Pitney Bowes from $19.00 to $22.00 and gave the stock a "market outperform" rating in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $18.45.

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.

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