pitney bowes is a global technology company crafting innovative products and solutions that help clients “get it right” in the complex world of commerce in the areas of customer information management, location intelligence, customer engagement, shipping and mailing, and global ecommerce. founded in 1920, pitney bowes operates around the world, delivering accuracy and precision to more than 1.5 million clients. helping clients achieve their greatest digital and physical commerce potential are pitney bowes' 15,000+ passionate employees around the world who craft commerce solutions with pride, maintain a relentless pursuit of innovation with over 2,300 active patents, and focus on clients, who are at the center of all that we do - from 90% of the fortune 500, more than 200 retailers and 1.5 million small businesses.
Company profile
Ticker
PBI, PBI-PB
Exchange
Website
CEO
Marc Lautenbach
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
The Registrant, Pitney Bowes Inc. • B. Williams Funding Corp. • Cresco Data Australia Pty Ltd • Cresco Data Pte. Ltd • Harvey Company • MCGW Technology • Mount Verde Insurance Company, Inc. • OldEurope Limited • OldMS Limited • PB Equipment Management Inc. ...
IRS number
60495050
PBI stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
29 Aug 24
8-K
Completion of Acquisition or Disposition of Assets
14 Aug 24
10-Q
2024 Q2
Quarterly report
9 Aug 24
8-K
Pitney Bowes Announces Value-Maximizing Exit Path for Global Ecommerce Segment
9 Aug 24
8-K
Pitney Bowes Announces Financial Results for Second Quarter of Fiscal Year 2024 and Provides a Progress Update on Strategic Initiatives
8 Aug 24
8-K
Regulation FD Disclosure
29 Jul 24
8-K
Cost Associated with Exit or Disposal Activities
2 Jul 24
SD
Conflict minerals disclosure
24 May 24
8-K
Departure of Directors or Certain Officers
23 May 24
S-8
Registration of securities for employees
10 May 24
Transcripts
PBI
Earnings call transcript
2024 Q2
8 Aug 24
PBI
Earnings call transcript
2024 Q1
2 May 24
PBI
Earnings call transcript
2023 Q4
1 Feb 24
PBI
Earnings call transcript
2023 Q3
2 Nov 23
PBI
Earnings call transcript
2023 Q2
3 Aug 23
PBI
Earnings call transcript
2023 Q2
3 Aug 23
PBI
Earnings call transcript
2023 Q1
4 May 23
PBI
Earnings call transcript
2022 Q4
31 Jan 23
PBI
Earnings call transcript
2022 Q3
1 Nov 22
PBI
Earnings call transcript
2022 Q2
28 Jul 22
Latest ownership filings
4
Joseph Ronald Catapano
10 Sep 24
4
Joseph Schmitt
5 Sep 24
4
Lance Rosenzweig
21 Aug 24
144
Notice of proposed sale of securities
16 Aug 24
144
Notice of proposed sale of securities
15 Aug 24
144
Notice of proposed sale of securities
14 Aug 24
144
Notice of proposed sale of securities
12 Aug 24
144
Notice of proposed sale of securities
12 Aug 24
4
Andrew Robert Gold
8 Jul 24
4
GREGG ZEGRAS
8 Jul 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 590.15 mm | 590.15 mm | 590.15 mm | 590.15 mm | 590.15 mm | 590.15 mm |
Cash burn (monthly) | (no burn) | (no burn) | 12.89 mm | 22.80 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 48.92 mm | 86.53 mm | n/a | n/a |
Cash remaining | n/a | n/a | 541.23 mm | 503.62 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 42.0 | 22.1 | n/a | n/a |
Institutional ownership, Q2 2024
64.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 240 |
Opened positions | 34 |
Closed positions | 35 |
Increased positions | 84 |
Reduced positions | 68 |
13F shares | Current |
---|---|
Total value | 470.74 bn |
Total shares | 115.95 mm |
Total puts | 400.10 k |
Total calls | 1.24 mm |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 18.42 mm | $93.57 bn |
BLK BlackRock | 16.77 mm | $85.19 bn |
Hestia Capital Partners | 15.79 mm | $65.85 mm |
STT State Street | 6.38 mm | $32.42 bn |
Miller William H III | 4.37 mm | $0.00 |
GS The Goldman Sachs Group, Inc. | 4.20 mm | $21.34 bn |
Capital Management | 4.16 mm | $21.13 bn |
Geode Capital Management | 3.58 mm | $18.18 bn |
Charles Schwab Investment Management | 3.53 mm | $17.91 bn |
NTRS Northern Trust | 3.20 mm | $16.24 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Sep 24 | Joseph Ronald Catapano | Common Stock | Payment of exercise | Dispose F | No | No | 6.58 | 1,212 | 7.97 k | 95,998 |
6 Sep 24 | Joseph Ronald Catapano | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,805 | 0.00 | 97,210 |
6 Sep 24 | Joseph Ronald Catapano | Common Stock | Payment of exercise | Dispose F | No | No | 6.58 | 3,783 | 24.89 k | 93,405 |
6 Sep 24 | Joseph Ronald Catapano | Common Stock | Option exercise | Acquire M | No | No | 0 | 11,881 | 0.00 | 97,188 |
6 Sep 24 | Joseph Ronald Catapano | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,805 | 0.00 | 0 |
6 Sep 24 | Joseph Ronald Catapano | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 11,881 | 0.00 | 0 |
3 Sep 24 | Joseph Schmitt | Common Stock | Payment of exercise | Dispose F | No | No | 6.875 | 3,963 | 27.25 k | 191,939 |
3 Sep 24 | Joseph Schmitt | Common Stock | Option exercise | Acquire M | No | No | 0 | 8,371 | 0.00 | 195,902 |
3 Sep 24 | Joseph Schmitt | Common Stock | Payment of exercise | Dispose F | No | No | 6.875 | 12,374 | 85.07 k | 187,531 |
3 Sep 24 | Joseph Schmitt | Common Stock | Option exercise | Acquire M | No | No | 0 | 26,137 | 0.00 | 199,905 |
News
Pitney Bowes Enhances Ecommerce Shipping With ShipAccel, Leveraging History Of Innovation To Better Serve Growing Ecommerce Market
23 Sep 24
Pitney Bowes Q2 2024 Adj. EPS $0.03 Beats $(0.07) Estimate, Sales $793.170M Beat $771.648M Estimate
8 Aug 24
Why Pitney Bowes Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket
29 Jul 24
McDonald's, ON Semiconductor And 3 Stocks To Watch Heading Into Monday
29 Jul 24
'Logistics Startup Stord Buys Part of Pitney Bowes' E-Commerce Business' - The Information
26 Jul 24
Press releases
Pitney Bowes Declares Common Stock Dividend
8 Aug 24
Pitney Bowes Announces Financial Results for Second Quarter of Fiscal Year 2024 and Provides a Progress Update on Strategic Initiatives
8 Aug 24
Pitney Bowes Announces Value-Maximizing Exit Path for Global Ecommerce Segment
8 Aug 24
Pitney Bowes Announces Date for Second Quarter 2024 Earnings Release and Conference Call
29 Jul 24