Kurt James Wolf Sells 211,483 Shares of Pitney Bowes (NYSE:PBI) Stock

Pitney Bowes Inc. (NYSE:PBI) CEO Kurt James Wolf sold 211,483 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $17.53, for a total transaction of $3,707,296.99. Following the completion of the transaction, the chief executive officer directly owned 160,157 shares in the company, valued at approximately $2,807,552.21. This represents a 56.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Kurt James Wolf also recently made the following trade(s):

• On Monday, August 3rd, Kurt James Wolf sold 413,266 shares of Pitney Bowes stock. The shares were sold at an average price of $18.11, for a total transaction of $7,484,247.26.
• On Thursday, July 30th, Kurt James Wolf sold 430,443 shares of Pitney Bowes stock. The shares were sold at an average price of $18.23, for a total value of $7,846,975.89.
• On Tuesday, July 7th, Kurt James Wolf sold 316,280 shares of Pitney Bowes stock. The stock was sold at an average price of $17.10, for a total value of $5,408,388.00.
• On Monday, July 6th, Kurt James Wolf sold 55,861 shares of Pitney Bowes stock. The stock was sold at an average price of $16.91, for a total value of $944,609.51.
• On Thursday, July 2nd, Kurt James Wolf sold 150,000 shares of Pitney Bowes stock. The stock was sold at an average price of $16.83, for a total value of $2,524,500.00.
• On Friday, June 12th, Kurt James Wolf sold 322,829 shares of Pitney Bowes stock. The shares were sold at an average price of $17.40, for a total value of $5,617,224.60.
• On Thursday, June 11th, Kurt James Wolf sold 210,871 shares of Pitney Bowes stock. The shares were sold at an average price of $17.02, for a total value of $3,589,024.42.
• On Wednesday, June 10th, Kurt James Wolf sold 281,117 shares of Pitney Bowes stock. The stock was sold at an average price of $16.93, for a total value of $4,759,310.81.
• On Friday, May 22nd, Kurt James Wolf sold 40,476 shares of Pitney Bowes stock. The stock was sold at an average price of $15.62, for a total transaction of $632,235.12.
• On Friday, May 8th, Kurt James Wolf sold 389,161 shares of Pitney Bowes stock. The shares were sold at an average price of $15.69, for a total transaction of $6,105,936.09.

Pitney Bowes Stock Up 1.4%

Shares of Pitney Bowes stock opened at $18.31 on Wednesday. Pitney Bowes Inc. has a 52-week low of $8.95 and a 52-week high of $19.07. The company has a 50 day moving average of $17.42 and a 200 day moving average of $13.90. The company has a market capitalization of $2.51 billion, a P/E ratio of 15.01, a P/E/G ratio of 0.78 and a beta of 1.63.

Pitney Bowes (NYSE:PBI) 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. As a group, research analysts anticipate that Pitney Bowes Inc. will post 1.68 earnings per share for the current fiscal year.

Pitney Bowes Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be paid a dividend of $0.01 per share. The ex-dividend date is Monday, August 10th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. Pitney Bowes’s payout ratio is presently 32.79%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Bank of America upgraded Pitney Bowes from an “underperform” rating to a “neutral” rating and raised their price target for the company from $9.50 to $16.50 in a research note on Monday, May 11th. Weiss Ratings upgraded Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a report on Friday. The Goldman Sachs Group reissued a “neutral” rating and set a $17.30 target price on shares of Pitney Bowes in a research report on Thursday, July 30th. Finally, Citizens Jmp upped their price target on Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a report on Friday, July 31st. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Pitney Bowes currently has an average rating of “Hold” and a consensus target price of $18.45.

Key Stories Impacting Pitney Bowes

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Analyst price-target increase: Citizens JMP raised its price target to $22 and maintained a market-outperform rating, implying additional upside based on the company’s turnaround prospects. Pitney Bowes Price Target Raised to $22.00
• Positive Sentiment: Strong quarterly EPS performance: Pitney Bowes recently reported adjusted earnings of $0.43 per share, exceeding the $0.34 consensus estimate and improving from $0.27 a year earlier. The result supports the investment case for management’s turnaround, despite a 2.4% year-over-year revenue decline.
• Positive Sentiment: Value and strategic-upside thesis: Greystone Capital identified PBI as a mispriced niche industrial with a roughly 15% free-cash-flow yield, potential asset monetization, buybacks and further upside from its strategic review. Greystone Capital Q2 2026 Letter
• Neutral Sentiment: Dividend remains limited: Pitney Bowes declared a quarterly dividend of $0.01 per share, equivalent to $0.04 annually and a yield of approximately 0.2%. The payment may appeal to income-focused investors, but it is unlikely to be a major stock catalyst.
• Negative Sentiment: CEO insider selling: CEO Kurt James Wolf sold 1.06 million shares in three transactions from July 30 through August 3 for approximately $19.0 million, leaving him with 122,963 directly owned shares after the latest sale. The scale of the selling could raise concerns about management’s near-term confidence, although insider sales can also reflect personal liquidity needs. SEC Insider Trading Filing
• Negative Sentiment: Lower forward EPS estimate: Sidoti reduced its forecast for second-quarter fiscal 2027 EPS to $0.43 from $0.45. The change is modest, but it signals some caution about earnings momentum relative to the company’s full-year 2026 guidance of $1.55–$1.70 per share.

Hedge Funds Weigh In On Pitney Bowes

Hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its position in shares of Pitney Bowes by 41.3% during the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after purchasing an additional 1,015 shares in the last quarter. Advisory Services Network LLC lifted its holdings in shares of Pitney Bowes by 2.4% in the 3rd quarter. Advisory Services Network LLC now owns 52,975 shares of the technology company’s stock valued at $604,000 after purchasing an additional 1,234 shares during the last quarter. Baird Financial Group Inc. boosted its position in shares of Pitney Bowes by 12.5% in the 2nd quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company’s stock valued at $144,000 after purchasing an additional 1,459 shares during the period. HB Wealth Management LLC boosted its position in shares of Pitney Bowes by 3.0% in the 1st quarter. HB Wealth Management LLC now owns 62,446 shares of the technology company’s stock valued at $690,000 after purchasing an additional 1,807 shares during the period. Finally, Creative Planning grew its stake in Pitney Bowes by 13.5% during the 3rd quarter. Creative Planning now owns 18,402 shares of the technology company’s stock worth $210,000 after buying an additional 2,188 shares during the last quarter. Hedge funds and other institutional investors own 67.88% of the company’s stock.

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.