<div id="readability-page-1"><p>Hestia Capital Management LLC lessened its holdings in  Pitney Bowes Inc. (NYSE:PBI - Free Report) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,474,326 shares of the technology company's stock after selling 560,719 shares during the period. Pitney Bowes accounts for about  83.0% of Hestia Capital Management LLC's investment portfolio, making the stock its biggest holding. Hestia Capital Management LLC owned approximately 6.67% of Pitney Bowes worth $130,922,000 as of its most recent SEC filing.</p><ul><li>Pitney Bowes Stock is a Rebound Play</li></ul><p>Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in shares of  Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company's stock worth $38,000 after buying an additional 1,015 shares during the last quarter.  Elevation Point Wealth Partners LLC bought a new position in shares of  Pitney Bowes in the 2nd quarter valued at approximately $51,000.  Canada Pension Plan Investment Board acquired a new stake in  Pitney Bowes in the 2nd quarter worth approximately $51,000.  United Services Automobile Association bought a new stake in  Pitney Bowes during the first quarter worth approximately $96,000.  Finally, Truist Financial Corp acquired a new position in  Pitney Bowes during the second quarter valued at approximately $123,000. 67.88% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts recently issued reports on PBI shares. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Pitney Bowes in a report on Monday, December 29th. JMP Securities  set a $13.00 target price on shares of Pitney Bowes in a research report on Wednesday, December 3rd. Zacks Research raised Pitney Bowes from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Monday, December 29th. Truist Financial initiated coverage on Pitney Bowes in a research note on Friday, December 12th. They issued a &#34;hold&#34; rating and a $11.00 price objective on the stock. Finally, Citizens Jmp initiated coverage on Pitney Bowes in a research note on Wednesday, December 3rd. They set a &#34;market outperform&#34; rating and a $13.00 target price for the company. One research analyst  has rated the stock with a Strong Buy rating, two have issued  a Buy rating and four have issued  a Hold rating to the company's stock. According to MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and an average price target of $12.00.</p><ul><li>Pitney Bowes <span>NYSE: PBI<span></span></span> is Surging, Is it Too Risky?</li></ul><p><b>Read Our Latest Stock Analysis on Pitney Bowes</b></p><h2>Pitney Bowes Price Performance</h2><p>Shares of Pitney Bowes stock opened at $10.52 on Friday. The company has a market cap of $1.69 billion, a PE ratio of 23.37, a price-to-earnings-growth ratio of 0.50 and a beta of 1.30. The firm has a fifty day moving average price of $10.08 and a two-hundred day moving average price of $10.96. Pitney Bowes Inc. has a fifty-two week low of $7.18 and a fifty-two week high of $13.11. </p><p>Pitney Bowes (NYSE:PBI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The technology company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.01). Pitney Bowes had a net margin of 4.14% and a negative return on equity of 38.38%. The company had revenue of $459.68 million for the quarter, compared to analyst estimates of $467.45 million. During the same period in the prior year, the company posted $0.21 EPS. The firm's quarterly revenue was down 8.0% on a year-over-year basis. Pitney Bowes has set its FY 2025 guidance at 1.300-1.300 EPS.  Analysts expect that  Pitney Bowes Inc. will post 1.21 earnings per share for the current fiscal year. </p><h2>Pitney Bowes Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, November 10th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 3.4%. This is an increase from Pitney Bowes's previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Monday, November 10th. Pitney Bowes's dividend payout ratio (DPR) is 80.00%. </p><h2>Pitney Bowes Profile</h2> (Free Report)<p>Pitney Bowes Inc <span>NYSE: PBI<span></span></span> 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.  </p><p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Pitney Bowes</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>A U.S. “birthright” claim worth trillions - activated quietly</li><li>Executive Order 14330: Trump’s Biggest Yet</li><li>“Fed Proof” Your Bank Account with THESE 4 Simple Steps</li></ul><p><strong>Want to see what other hedge funds are holding PBI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pitney Bowes Inc. (NYSE:PBI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBCSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBCSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Pitney Bowes Right Now?</h2><p>Before you consider Pitney Bowes, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pitney Bowes wasn't on the list.</p><p>While Pitney Bowes currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Hestia Capital Management LLC reduced its stake in Pitney Bowes Inc. by 4.7% in Q3, selling 560,719 shares, leaving it with 11,474,326 shares, which constitutes 83% of its portfolio. Analysts have mixed ratings on Pitney Bowes, with an average target price of $12.00. The company recently reported a quarterly EPS of $0.31, missing estimates, and announced a dividend increase to $0.09 per share. Pitney Bowes shares opened at $10.52, with a market cap of $1.69 billion and a 52-week range of $7.18 to $13.11.</p>

Hestia Capital Management LLC Sells 560,719 Shares of Pitney Bowes Inc. $PBI