Pitney Bowes (NYSE:PBI – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.
Several other analysts have also recently issued reports on PBI. Truist Financial upped their price objective on Pitney Bowes from $11.00 to $15.00 and gave the company a “hold” rating in a research note on Thursday. The Goldman Sachs Group set a $15.20 target price on shares of Pitney Bowes in a report on Friday. Citizens Jmp increased their target price on shares of Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a report on Friday, April 17th. Weiss Ratings cut shares of Pitney Bowes from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, April 24th. Finally, Citigroup reiterated an “outperform” rating on shares of Pitney Bowes in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $13.30.
Read Our Latest Analysis on PBI
Pitney Bowes Price Performance
Pitney Bowes (NYSE:PBI – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. Pitney Bowes had a negative return on equity of 33.41% and a net margin of 8.92%.The firm had revenue of $477.41 million for the quarter, compared to analysts’ expectations of $471.83 million. During the same quarter in the prior year, the firm posted $0.33 earnings per share. Pitney Bowes’s revenue for the quarter was down 3.2% compared to the same quarter last year. On average, equities research analysts forecast that Pitney Bowes will post 1.6 earnings per share for the current fiscal year.
Insider Transactions at Pitney Bowes
In related news, CEO Kurt James Wolf sold 389,161 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $15.69, for a total value of $6,105,936.09. Following the sale, the chief executive officer directly owned 363,853 shares in the company, valued at $5,708,853.57. This trade represents a 51.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Brent D. Rosenthal bought 4,000 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average price of $10.22 per share, for a total transaction of $40,880.00. Following the completion of the transaction, the director owned 9,000 shares in the company, valued at $91,980. This trade represents a 80.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders sold 2,456,054 shares of company stock worth $34,864,180. Corporate insiders own 6.50% of the company’s stock.
Institutional Trading of Pitney Bowes
Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in Pitney Bowes by 133.1% during the 1st quarter. Royal Bank of Canada now owns 52,958 shares of the technology company’s stock valued at $478,000 after buying an additional 30,238 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Pitney Bowes by 5.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 97,424 shares of the technology company’s stock valued at $882,000 after buying an additional 5,149 shares during the period. United Services Automobile Association acquired a new position in Pitney Bowes during the 1st quarter valued at about $96,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Pitney Bowes by 18.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 470,488 shares of the technology company’s stock valued at $4,258,000 after buying an additional 72,437 shares during the period. Finally, Intech Investment Management LLC increased its stake in Pitney Bowes by 15.5% during the 1st quarter. Intech Investment Management LLC now owns 195,309 shares of the technology company’s stock valued at $1,768,000 after buying an additional 26,260 shares during the period. 67.88% of the stock is currently owned by institutional investors and hedge funds.
Key Pitney Bowes News
Here are the key news stories impacting Pitney Bowes this week:
- Positive Sentiment: Sidoti raised several Pitney Bowes earnings estimates for 2026 and 2027, including full-year FY2026 and FY2027 forecasts, signaling improving profit expectations. Sidoti analyst estimate updates for Pitney Bowes
- Positive Sentiment: Pitney Bowes was added to the Zacks Rank #1 (Strong Buy) momentum list, which may draw trader and momentum investor interest. New Strong Buy Stocks for May 8th
- Positive Sentiment: Another Zacks note highlighted PBI as a possible near-term surge candidate, citing solid earnings estimate revisions. Why Pitney Bowes Might Be Well Poised for a Surge
- Positive Sentiment: The company’s recent earnings results were solid, with adjusted EPS meeting expectations and revenue coming in above forecasts, reinforcing the case for better fundamentals. Pitney Bowes Q1 2026 Earnings Transcript
- Neutral Sentiment: Yahoo Finance also published a piece asking whether the current valuation already reflects Pitney Bowes’ strong multi-year share price performance, suggesting debate about upside versus full pricing. Is Pitney Bowes Pricing Reflecting Its Strong Multi Year Share Price Performance
- Negative Sentiment: There was also a report framing PBI as trading lower earlier, likely reflecting short-term profit-taking or mixed market reaction to the news flow. Why Pitney Bowes stock is trading lower today
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.
Read More
Receive News & Ratings for Pitney Bowes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pitney Bowes and related companies with MarketBeat.com's FREE daily email newsletter.
