Pitney Bowes (NYSE:PBI) Announces Earnings Results, Hits Expectations

Key Points

• Pitney Bowes reported $0.47 EPS, meeting analysts' consensus and up from $0.33 a year earlier, while quarterly revenue declined 3.2% year‑over‑year.
• Shares traded around $15.54 (market cap ≈ $2.23B) with a 52‑week range of $8.81–$15.95, a P/E of 18.7, and the company pays a quarterly dividend of $0.09 (≈2.3% yield, 43% payout ratio).
• Insider and analyst activity: the CEO sold 160,289 shares under a Rule 10b5‑1 plan while a director bought 4,000 shares, and Wall Street consensus is a "Hold" with a $11.93 price target amid mixed ratings.

Pitney Bowes (NYSE:PBI - Get Free Report) posted its earnings results on Tuesday. The technology company reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47, Zacks reports. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. Pitney Bowes's quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 earnings per share.

Pitney Bowes Price Performance

Pitney Bowes stock traded up $0.28 during mid-day trading on Tuesday, reaching $15.54. 2,496,022 shares of the company traded hands, compared to its average volume of 3,607,533. Pitney Bowes has a fifty-two week low of $8.81 and a fifty-two week high of $15.95. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 0.98 and a beta of 1.64. The firm's fifty day moving average is $11.74 and its two-hundred day moving average is $10.81.

Pitney Bowes Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on PBI shares. Citigroup reaffirmed an "outperform" rating on shares of Pitney Bowes in a report on Friday, April 17th. Zacks Research lowered shares of Pitney Bowes from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 19th. Wall Street Zen raised shares of Pitney Bowes from a "buy" rating to a "strong-buy" rating in a report on Saturday, April 25th. Citizens Jmp lifted their price target on shares of Pitney Bowes from $13.00 to $14.00 and gave the stock a "market outperform" rating in a report on Friday, April 17th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $13.70 price target on shares of Pitney Bowes in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Pitney Bowes currently has a consensus rating of "Hold" and a consensus price target of $11.93.

Insider Buying and Selling

In related news, Director Brent D. Rosenthal purchased 4,000 shares of the business's stock in a transaction on Friday, March 13th. The shares were acquired at an average price of $10.22 per share, for a total transaction of $40,880.00. Following the purchase, the director owned 9,000 shares of the company's stock, valued at $91,980. This trade represents a 80.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kurt James Wolf sold 160,289 shares of the company's stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $11.06, for a total transaction of $1,772,796.34. Following the transaction, the chief executive officer owned 543,211 shares in the company, valued at $6,007,913.66. The trade was a 22.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 503,108 shares of company stock worth $5,355,063 in the last 90 days. 6.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its stake in shares of Pitney Bowes by 41.3% in the second 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. UMB Bank n.a. increased its stake in shares of Pitney Bowes by 404.6% in the fourth quarter. UMB Bank n.a. now owns 4,022 shares of the technology company's stock worth $43,000 after acquiring an additional 3,225 shares during the period. Canada Pension Plan Investment Board acquired a new stake in shares of Pitney Bowes in the second quarter worth $51,000. Parkside Financial Bank & Trust increased its stake in shares of Pitney Bowes by 4,164.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,823 shares of the technology company's stock worth $72,000 after acquiring an additional 6,663 shares during the period. Finally, United Services Automobile Association acquired a new stake in shares of Pitney Bowes in the first quarter worth $96,000. Institutional investors and hedge funds own 67.88% of the company's stock.

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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