Pitney Bowes Inc. (NYSE:PBI) Given Consensus Recommendation of “Hold” by Brokerages

Pitney Bowes Inc. (NYSE:PBI) has been assigned an average rating of “Hold” from the eight analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $11.00.

Several research analysts have recently weighed in on the company. Citigroup initiated coverage on Pitney Bowes in a research report on Wednesday, December 3rd. They set an “outperform” rating for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Pitney Bowes in a research report on Monday, December 29th. Bank of America began coverage on Pitney Bowes in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 target price on the stock. Truist Financial started coverage on Pitney Bowes in a research report on Friday, December 12th. They set a “hold” rating and a $11.00 price target for the company. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $13.00 price target on shares of Pitney Bowes in a research note on Wednesday, February 18th.

Pitney Bowes Stock Up 4.1%

Shares of NYSE:PBI opened at $10.21 on Friday. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 0.68 and a beta of 1.42. Pitney Bowes has a 12 month low of $7.39 and a 12 month high of $13.11. The company’s fifty day simple moving average is $10.47 and its 200 day simple moving average is $10.61.

Pitney Bowes (NYSE:PBI) last announced its earnings results on Tuesday, February 17th. The technology company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The firm had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. The company’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. Research analysts expect that Pitney Bowes will post 1.21 earnings per share for the current fiscal year.

Pitney Bowes Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be given a $0.09 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.5%. Pitney Bowes’s dividend payout ratio (DPR) is 43.37%.

Insider Buying and Selling at Pitney Bowes

In related news, Director Brent D. Rosenthal acquired 4,000 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was bought at an average price of $10.22 per share, for a total transaction of $40,880.00. Following the acquisition, the director directly owned 9,000 shares of the company’s stock, valued at approximately $91,980. The trade was a 80.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kurt James Wolf sold 150,000 shares of Pitney Bowes stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $10.38, for a total value of $1,557,000.00. Following the completion of the sale, the chief executive officer directly owned 557,637 shares in the company, valued at approximately $5,788,272.06. This represents a 21.20% decrease in their position. The SEC filing for this sale provides additional information. 9.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PBI. EverSource Wealth Advisors LLC increased its position in shares of Pitney Bowes by 41.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock worth $38,000 after purchasing an additional 1,015 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of Pitney Bowes by 190.9% during the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after purchasing an additional 2,459 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Pitney Bowes by 404.6% in the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock valued at $43,000 after buying an additional 3,225 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Pitney Bowes in the 2nd quarter valued at approximately $51,000. Finally, Canada Pension Plan Investment Board bought a new position in shares of Pitney Bowes in the second quarter valued at $51,000. 67.88% of the stock is 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.