Denali Advisors LLC Makes New Investment in Pitney Bowes Inc. $PBI

Denali Advisors LLC bought a new position in shares of Pitney Bowes Inc. (NYSE:PBI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 149,840 shares of the technology company’s stock, valued at approximately $2,625,000.

A number of other large investors also recently modified their holdings of the business. Longview Financial Advisors Inc. acquired a new position in shares of Pitney Bowes in the 1st quarter valued at about $26,000. EverSource Wealth Advisors LLC raised its stake in 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 acquiring an additional 1,015 shares during the period. Hantz Financial Services Inc. raised its stake in Pitney Bowes by 190.9% during the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after acquiring an additional 2,459 shares during the period. UMB Bank n.a. lifted its holdings in 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 last quarter. Finally, Canada Pension Plan Investment Board bought a new position in Pitney Bowes in the second quarter worth about $51,000. 67.88% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on PBI shares. Zacks Research raised Pitney Bowes from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Wall Street Zen raised Pitney Bowes from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 25th. Citigroup restated a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. The Goldman Sachs Group restated a “neutral” rating and set a $17.30 price objective on shares of Pitney Bowes in a research note 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 report 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, Pitney Bowes currently has a consensus rating of “Moderate Buy” and an average price target of $18.45.

Pitney Bowes Stock Down 0.3%

Pitney Bowes stock opened at $16.12 on Thursday. Pitney Bowes Inc. has a 52-week low of $8.95 and a 52-week high of $19.07. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 0.65 and a beta of 1.63. The firm has a 50-day moving average price of $17.49 and a two-hundred day moving average price of $14.40.

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

Pitney Bowes Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 10th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, August 10th. Pitney Bowes’s dividend payout ratio (DPR) is currently 32.79%.

Insider Buying and Selling at Pitney Bowes

In related news, CEO Kurt James Wolf sold 413,266 shares of Pitney Bowes stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $18.11, for a total transaction 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. The trade was a 77.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Todd A. Everett sold 25,000 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $18.07, for a total transaction of $451,750.00. Following the sale, the executive vice president owned 96,048 shares in the company, valued at $1,735,587.36. This trade represents a 20.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,476,376 shares of company stock worth $43,266,688 in the last ninety days. 6.50% of the stock is owned by company insiders.

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.