Susquehanna Fundamental Investments LLC Purchases 135,762 Shares of Pitney Bowes Inc. $PBI

Susquehanna Fundamental Investments LLC raised its position in shares of Pitney Bowes Inc. (NYSE:PBI) by 296.5% in the 2nd quarter, Holdings Channel reports. The firm owned 181,552 shares of the technology company’s stock after acquiring an additional 135,762 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in Pitney Bowes were worth $3,181,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PBI. EverSource Wealth Advisors LLC lifted 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 purchasing an additional 1,015 shares during the last quarter. Advisory Services Network LLC increased its stake 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. increased its stake 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 last quarter. HB Wealth Management LLC raised its holdings in shares of Pitney Bowes by 3.0% during the 1st quarter. HB Wealth Management LLC now owns 62,446 shares of the technology company’s stock worth $690,000 after buying an additional 1,807 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of 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 in the last quarter. 67.88% of the stock is currently owned by institutional investors.

Pitney Bowes Stock Performance

Shares of PBI opened at $17.13 on Tuesday. Pitney Bowes Inc. has a 52 week low of $8.95 and a 52 week high of $19.07. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 0.69 and a beta of 1.63. The stock has a fifty day moving average of $17.41 and a 200-day moving average of $14.75.

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

Pitney Bowes Dividend Announcement

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

Insider Activity

In related news, CEO Kurt James Wolf sold 1,920 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $17.42, for a total value of $33,446.40. Following the completion of the transaction, the chief executive officer owned 122,790 shares in the company, valued at $2,139,001.80. This trade represents a 1.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Todd A. Everett sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $18.07, for a total transaction of $451,750.00. Following the completion of the transaction, the executive vice president 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 90 days, insiders have sold 2,419,467 shares of company stock worth $42,373,690. Company insiders own 6.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PBI. Citizens Jmp raised their price objective on Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a research note on Friday, July 31st. Truist Financial boosted their target price on Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a research note on Friday, July 31st. Zacks Research raised shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Weiss Ratings raised shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Finally, Bank of America raised shares of Pitney Bowes from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $9.50 to $16.50 in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Pitney Bowes presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.45.

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.