Pitney Bowes (NYSE:PBI) Issues Earnings Results, Beats Expectations By $0.09 EPS

Pitney Bowes (NYSE:PBI) issued its earnings results on Wednesday. The technology company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.09, Zacks reports. The company had revenue of $451.50 million for the quarter, compared to analyst estimates of $453.94 million. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 32.14%. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.27 earnings per share. Pitney Bowes updated its FY 2026 guidance to 1.550-1.700 EPS.

Pitney Bowes Stock Performance

Shares of PBI traded down $0.91 during trading hours on Friday, hitting $17.23. The stock had a trading volume of 1,106,279 shares, compared to its average volume of 2,757,586. Pitney Bowes has a 12-month low of $8.95 and a 12-month high of $19.07. The firm has a market cap of $2.33 billion, a P/E ratio of 14.12, a P/E/G ratio of 0.79 and a beta of 1.62. The company’s fifty day simple moving average is $17.27 and its 200 day simple moving average is $13.74.

Pitney Bowes Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be issued 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 is Monday, August 10th. Pitney Bowes’s dividend payout ratio is presently 38.83%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on PBI shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $17.30 target price on shares of Pitney Bowes in a report on Thursday. Weiss Ratings raised shares of Pitney Bowes from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Citizens Jmp lifted their target price on shares of Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a research note on Friday. Truist Financial boosted their price target on Pitney Bowes from $11.00 to $15.00 and gave the company a “hold” rating in a report on Thursday, May 7th. Finally, Wall Street Zen raised Pitney Bowes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 25th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $17.70.

Trending Headlines about Pitney Bowes

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Q2 earnings beat expectations: Adjusted EPS was $0.43, above the $0.34 consensus and up from $0.27 a year earlier. Lower costs and stronger SendTech Solutions profitability helped offset operating challenges. Pitney Bowes Q2 Earnings Results
• Positive Sentiment: Profitability and balance sheet improved: GAAP net income rose 66% year over year to $49.9 million, while the company reduced debt by $201 million from the end of the first quarter through July 29. Management also raised its outlook for adjusted EBIT, adjusted EPS and adjusted free cash flow. PBI Q2 Earnings Call Highlights
• Positive Sentiment: Analyst sentiment strengthened: Citizens JMP raised its price target from $19 to $22 and assigned a “market outperform” rating. Sidoti also increased its Q2 2027 EPS estimate to $0.45 from $0.35 and its FY2027 estimate to $1.80 from $1.70.
• Neutral Sentiment: Strategic flexibility remains a focus: Recent coverage highlighted Pitney Bowes’ strategic review, debt reduction and targeted growth initiatives as potential sources of additional value, although no specific transaction or outcome was announced. Pitney Bowes Strategic Review Adds Optionality
• Neutral Sentiment: Dividend maintained: The board approved a quarterly dividend of $0.10 per share, payable September 8 to shareholders of record August 10. The modest yield is unlikely to be a major near-term stock catalyst.
• Negative Sentiment: Revenue declined: Q2 revenue fell 2.4% year over year to $451.5 million, slightly below estimates. SendTech revenue declined 1%, while Presort Services revenue dropped 5% to $142.6 million, underscoring persistent weakness in a key business.

Insider Transactions at Pitney Bowes

In other news, CEO Kurt James Wolf sold 316,280 shares of the firm’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $17.10, for a total value of $5,408,388.00. Following the transaction, the chief executive officer directly owned 217,930 shares in the company, valued at $3,726,603. This trade represents a 59.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Deborah Pfeiffer sold 18,750 shares of Pitney Bowes stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $16.06, for a total transaction of $301,125.00. Following the transaction, the executive vice president directly owned 97,828 shares in the company, valued at approximately $1,571,117.68. This trade represents a 16.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,349,130 shares of company stock valued at $53,285,535. 6.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Pitney Bowes

Several hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC grew its position in Pitney Bowes by 41.3% in the second quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after acquiring an additional 1,015 shares in the last quarter. UMB Bank n.a. grew its holdings in Pitney Bowes by 404.6% during the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock valued at $43,000 after purchasing an additional 3,225 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Pitney Bowes in the 2nd quarter worth $51,000. Parkside Financial Bank & Trust boosted its position in Pitney Bowes by 4,164.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,823 shares of the technology company’s stock valued at $72,000 after buying an additional 6,663 shares during the last quarter. Finally, Cerity Partners LLC acquired a new stake in shares of Pitney Bowes during the fourth quarter valued at about $108,000. 67.88% of the stock is currently owned by hedge funds and other institutional investors.

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.