Pitney Bowes Inc. (NYSE:PBI – Free Report) – Stock analysts at Sidoti Csr upped their Q1 2025 earnings per share (EPS) estimates for Pitney Bowes in a research note issued to investors on Monday, December 23rd. Sidoti Csr analyst A. Lebiedzinski now anticipates that the technology company will post earnings per share of $0.26 for the quarter, up from their previous estimate of $0.25. The consensus estimate for Pitney Bowes’ current full-year earnings is $0.38 per share. Sidoti Csr also issued estimates for Pitney Bowes’ Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.34 EPS, FY2025 earnings at $1.08 EPS, Q1 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.37 EPS and FY2026 earnings at $1.19 EPS.
Pitney Bowes Stock Up 1.2 %
Shares of NYSE:PBI opened at $7.36 on Tuesday. Pitney Bowes has a fifty-two week low of $3.68 and a fifty-two week high of $8.80. The firm’s 50 day moving average price is $7.58 and its 200 day moving average price is $6.86. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of -3.38, a price-to-earnings-growth ratio of 1.35 and a beta of 1.97.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC lifted its position in Pitney Bowes by 1.4% in the third quarter. Geode Capital Management LLC now owns 3,628,672 shares of the technology company’s stock valued at $25,878,000 after acquiring an additional 51,093 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Pitney Bowes by 1.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,116,838 shares of the technology company’s stock valued at $10,754,000 after purchasing an additional 21,811 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Pitney Bowes by 2,894.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,228,562 shares of the technology company’s stock valued at $8,760,000 after purchasing an additional 1,187,531 shares during the period. Marshall Wace LLP grew its stake in Pitney Bowes by 248.1% during the 2nd quarter. Marshall Wace LLP now owns 706,302 shares of the technology company’s stock worth $3,588,000 after buying an additional 503,378 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in Pitney Bowes by 3.8% during the second quarter. Renaissance Technologies LLC now owns 519,571 shares of the technology company’s stock worth $2,639,000 after buying an additional 19,000 shares during the period. 67.88% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Pitney Bowes
In other news, EVP Lauren Freemen-Bosworth sold 42,308 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $8.12, for a total transaction of $343,540.96. Following the sale, the executive vice president now owns 18,664 shares of the company’s stock, valued at approximately $151,551.68. This trade represents a 69.39 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul J. Evans bought 29,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of $7.80 per share, with a total value of $226,200.00. Following the purchase, the director now owns 29,000 shares of the company’s stock, valued at $226,200. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 14.30% of the company’s stock.
Pitney Bowes Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 18th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.72%. Pitney Bowes’s payout ratio is -9.17%.
Pitney Bowes Company Profile
Pitney Bowes Inc, a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments.
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