Jefferies Financial Group Inc. Makes New $750,000 Investment in Pitney Bowes Inc. $PBI

Jefferies Financial Group Inc. bought a new position in shares of Pitney Bowes Inc. (NYSE:PBI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,800 shares of the technology company’s stock, valued at approximately $750,000.

A number of other institutional investors have also recently made changes to their positions in the company. Longview Financial Advisors Inc. bought a new position in Pitney Bowes during the first quarter valued at approximately $26,000. Public Employees Retirement System of Ohio purchased a new position in Pitney Bowes during the 2nd quarter valued at approximately $46,000. Plato Investment Management Ltd bought a new stake in Pitney Bowes in the 2nd quarter worth approximately $55,000. EverSource Wealth Advisors LLC raised its holdings in shares of Pitney Bowes by 41.3% during the 2nd 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 in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Pitney Bowes by 190.9% during the 4th 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 in the last quarter. Hedge funds and other institutional investors own 67.88% of the company’s stock.

Pitney Bowes Price Performance

Shares of PBI stock opened at $17.23 on Monday. Pitney Bowes Inc. has a 1 year low of $8.95 and a 1 year high of $19.07. The stock’s 50 day simple moving average is $17.41 and its two-hundred day simple moving average is $14.71. The company has a market cap of $2.36 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 0.69 and a beta of 1.63.

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

Pitney Bowes Dividend Announcement

The business also recently declared 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. The ex-dividend date is Monday, August 10th. This represents a $0.04 dividend on an annualized basis and a yield of 0.2%. Pitney Bowes’s dividend payout ratio (DPR) is currently 32.79%.

Insider Buying and Selling at Pitney Bowes

In other news, CEO Kurt James Wolf sold 430,443 shares of the stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $18.23, for a total value of $7,846,975.89. Following the sale, the chief executive officer owned 179,190 shares of the company’s stock, valued at approximately $3,266,633.70. This represents a 70.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Todd A. Everett sold 25,000 shares of the firm’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 completion of the sale, the executive vice president owned 96,048 shares of the company’s stock, valued at $1,735,587.36. This trade represents a 20.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,417,150 shares of company stock valued at $42,333,327 over the last ninety days. 6.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. Zacks Research upgraded shares of Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Truist Financial upped their price target on shares of Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a research note on Friday, July 31st. Citizens Jmp increased their price objective on shares of Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a research report on Friday, July 31st. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $17.30 price objective on shares of Pitney Bowes in a research note on Thursday, July 30th. One research 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.45.

Pitney Bowes 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.