Pitney Bowes Inc. (NYSE:PBI) Receives Average Rating of “Moderate Buy” from Brokerages

Pitney Bowes Inc. (NYSE:PBI) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $18.45.

Several research firms recently issued reports on PBI. Weiss Ratings raised shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 31st. 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 report on Friday, July 31st. Citigroup reissued 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 report on Monday, August 10th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.30 price target on shares of Pitney Bowes in a research report on Thursday, July 30th.

Pitney Bowes Stock Performance

PBI opened at $16.97 on Friday. The business has a 50 day moving average price of $17.38 and a 200 day moving average price of $15.14. Pitney Bowes has a twelve month low of $8.95 and a twelve month high of $19.07. The firm has a market cap of $2.33 billion, a P/E ratio of 13.91, a price-to-earnings-growth ratio of 0.69 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.34 by $0.09. Pitney Bowes had a negative return on equity of 31.37% and a net margin of 10.04%.The company had revenue of $451.50 million for the quarter, compared to the consensus estimate of $453.94 million. During the same quarter last year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. As a group, analysts anticipate that Pitney Bowes will post 1.68 earnings per share for the current fiscal year.

Pitney Bowes Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th were issued a $0.01 dividend. The ex-dividend date of this dividend was 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 32.79%.

Insiders Place Their Bets

In other news, EVP Deborah Pfeiffer sold 20,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $17.11, for a total value of $342,200.00. Following the completion of the sale, the executive vice president directly owned 79,223 shares of the company’s stock, valued at approximately $1,355,505.53. This represents a 20.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Todd A. Everett sold 25,000 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $1,735,587.36. The trade was a 20.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,624,650 shares of company stock valued at $28,750,330 in the last three months. Company insiders own 6.50% of the company’s stock.

Hedge Funds Weigh In On Pitney Bowes

Several large investors have recently bought and sold shares of the stock. Gamco Investors INC. ET AL raised its holdings in Pitney Bowes by 33.8% in the 4th quarter. Gamco Investors INC. ET AL now owns 491,200 shares of the technology company’s stock valued at $5,192,000 after acquiring an additional 124,000 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Pitney Bowes during the fourth quarter worth $1,802,000. Evergreen Wealth Management LLC lifted its holdings in Pitney Bowes by 19.1% during the 4th quarter. Evergreen Wealth Management LLC now owns 698,354 shares of the technology company’s stock valued at $7,382,000 after purchasing an additional 111,936 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Pitney Bowes in the fourth quarter valued at about $2,100,000. Finally, Maxi Investments CY Ltd acquired a new position in Pitney Bowes in the fourth quarter valued at about $3,340,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Pitney Bowes Company 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.