Susquehanna Fundamental Investments LLC Has $3.18 Million Stock Holdings in Pitney Bowes Inc. $PBI

Key Points

• Susquehanna Fundamental Investments increased its Pitney Bowes stake by 296.5% to 181,552 shares worth approximately $3.18 million. Institutional investors collectively own 67.88% of the company.
• Pitney Bowes beat quarterly earnings expectations, reporting $0.43 in adjusted EPS versus the $0.34 consensus estimate, though revenue fell 2.4% year over year to $451.5 million. Analysts maintain a “Moderate Buy” consensus with an average price target of $18.45.
• The stock recently traded at $17.13, while insiders have sold about 2.42 million shares worth $42.4 million over the past quarter. Pitney Bowes also declared a quarterly dividend of $0.01 per share, yielding approximately 0.2% annually.

Susquehanna Fundamental Investments LLC boosted its stake in shares of Pitney Bowes Inc. (NYSE:PBI - Free Report) by 296.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 181,552 shares of the technology company's stock after purchasing an additional 135,762 shares during the quarter. Susquehanna Fundamental Investments LLC owned about 0.13% of Pitney Bowes worth $3,181,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PBI. BlackRock Inc. bought a new position in shares of Pitney Bowes in the second quarter valued at about $220,473,000. State Street Corp boosted its holdings in shares of Pitney Bowes by 3.1% during the 2nd quarter. State Street Corp now owns 6,366,188 shares of the technology company's stock worth $69,455,000 after buying an additional 188,886 shares during the period. LSV Asset Management boosted its holdings in shares of Pitney Bowes by 246.7% during the 4th 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. Permit Capital LLC grew its stake in Pitney Bowes by 14.0% in the 4th quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company's stock valued at $34,352,000 after buying an additional 400,000 shares during the last quarter. Finally, Millennium Management LLC grew its stake in Pitney Bowes by 60.2% in the 4th quarter. Millennium Management LLC now owns 2,630,801 shares of the technology company's stock valued at $27,808,000 after buying an additional 988,653 shares during the last quarter. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Pitney Bowes Stock Down 0.5%

Shares of NYSE:PBI opened at $17.13 on Tuesday. Pitney Bowes Inc. has a 12-month low of $8.95 and a 12-month high of $19.07. The company's 50 day moving average price is $17.41 and its two-hundred day moving average price is $14.75. The firm has a market cap of $2.35 billion, a PE ratio of 14.04, a PEG ratio of 0.69 and a beta of 1.63.

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

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

Pitney Bowes Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.04 annualized dividend and a yield of 0.2%. Pitney Bowes's payout ratio is currently 32.79%.

Insiders Place Their Bets

In related news, CEO Kurt James Wolf sold 1,920 shares of the firm's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $17.42, for a total value of $33,446.40. Following the transaction, the chief executive officer owned 122,790 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this link. Also, EVP Todd A. Everett sold 25,000 shares of the business's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $18.07, for a total value of $451,750.00. Following the completion of the transaction, the executive vice president directly owned 96,048 shares of the company's stock, valued at approximately $1,735,587.36. This trade represents a 20.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,419,467 shares of company stock valued at $42,373,690. Corporate insiders own 6.50% of the company's stock.

Wall Street Analysts Forecast Growth

PBI has been the subject of several research reports. The Goldman Sachs Group restated a "neutral" rating and set a $17.30 price objective on shares of Pitney Bowes in a research report on Thursday, July 30th. Zacks Research raised Pitney Bowes from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 10th. Bank of America upgraded Pitney Bowes from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $9.50 to $16.50 in a research note on Monday, May 11th. Citizens Jmp lifted their price target on Pitney Bowes from $19.00 to $22.00 and gave the stock a "market outperform" rating in a report on Friday, July 31st. Finally, Truist Financial boosted their price target on Pitney Bowes from $15.00 to $18.00 and gave the company a "hold" rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Pitney Bowes has an average rating of "Moderate Buy" and an average price target 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.

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