Pitney Bowes Inc. $PBI Shares Purchased by Capital Management Corp VA

Key Points

• Capital Management Corp VA increased its stake in Pitney Bowes by 25.3% in Q4 to 2,930,328 shares (about $30.97M), making PBI its second-largest holding at roughly 5.1% of the firm's portfolio and representing 1.82% ownership of the company.
• Pitney Bowes beat EPS estimates with $0.45 vs. $0.38 consensus while revenue fell 7.5% YoY to $477.6M; the company set FY2026 guidance of $1.40–$1.60 EPS (analysts average ~$1.58).
• Shares trade in a 52-week range of $8.81–$15.95 with a $2.23B market cap, and analyst sentiment is mixed (average rating "Hold" with an average target price of $11.93).

Capital Management Corp VA boosted its holdings in shares of Pitney Bowes Inc. (NYSE:PBI - Free Report) by 25.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,930,328 shares of the technology company's stock after acquiring an additional 592,568 shares during the quarter. Pitney Bowes accounts for about 5.1% of Capital Management Corp VA's investment portfolio, making the stock its 2nd largest holding. Capital Management Corp VA owned 1.82% of Pitney Bowes worth $30,974,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PBI. Cannell & Spears LLC boosted its position in Pitney Bowes by 89.5% during the 3rd quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company's stock worth $38,389,000 after acquiring an additional 1,588,579 shares during the period. LSV Asset Management acquired a new stake in Pitney Bowes during the 3rd quarter worth about $13,812,000. Cibc World Market Inc. boosted its position in Pitney Bowes by 2,724.6% during the 3rd quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company's stock worth $9,540,000 after acquiring an additional 806,471 shares during the period. Mizuho Markets Americas LLC acquired a new stake in Pitney Bowes during the 3rd quarter worth about $7,683,000. Finally, Invesco Ltd. boosted its position in Pitney Bowes by 29.5% during the 3rd quarter. Invesco Ltd. now owns 2,622,003 shares of the technology company's stock worth $29,917,000 after acquiring an additional 597,938 shares during the period. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Pitney Bowes Price Performance

PBI opened at $15.54 on Friday. Pitney Bowes Inc. has a fifty-two week low of $8.81 and a fifty-two week high of $15.95. The business has a 50-day moving average of $11.64 and a 200-day moving average of $10.78. The company has a market capitalization of $2.23 billion, a PE ratio of 18.73, a price-to-earnings-growth ratio of 0.99 and a beta of 1.64.

Pitney Bowes (NYSE:PBI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The technology company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 36.91% 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 last year, the business earned $0.32 EPS. The business's quarterly 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. On average, equities research analysts expect that Pitney Bowes Inc. will post 1.58 earnings per share for the current fiscal year.

Pitney Bowes Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.3%. Pitney Bowes's dividend payout ratio (DPR) is 43.37%.

Insider Transactions at Pitney Bowes

In other news, CEO Kurt James Wolf sold 39,919 shares of the firm's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $11.14, for a total transaction of $444,697.66. Following the completion of the sale, the chief executive officer directly owned 539,618 shares of the company's stock, valued at $6,011,344.52. This trade represents a 6.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brent D. Rosenthal purchased 4,000 shares of the business's stock in a transaction dated Friday, March 13th. The shares were purchased at an average cost of $10.22 per share, with a total value of $40,880.00. Following the completion of the purchase, the director directly owned 9,000 shares in the company, valued at approximately $91,980. This represents a 80.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 503,108 shares of company stock valued at $5,355,063 over the last ninety days. Company insiders own 6.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PBI. Bank of America began coverage on Pitney Bowes in a research report on Tuesday, February 17th. They set an "underperform" rating and a $9.00 price objective for the company. Citigroup restated an "outperform" rating on shares of Pitney Bowes in a research report on Friday, April 17th. Wall Street Zen upgraded Pitney Bowes from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 25th. The Goldman Sachs Group restated a "neutral" rating and set a $13.70 price objective on shares of Pitney Bowes in a research report on Friday, April 24th. Finally, Citizens Jmp raised their price objective on Pitney Bowes from $13.00 to $14.00 and gave the stock a "market outperform" rating in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $11.93.

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.

Want to see what other hedge funds are holding PBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pitney Bowes Inc. (NYSE:PBI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.