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

Shares of Pitney Bowes Inc. (NYSE:PBI) have earned a consensus rating of “Hold” from the seven brokerages that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $18.45.

PBI has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Zacks Research lowered shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Citigroup reaffirmed a “market outperform” rating on shares of Pitney Bowes in a research report on Friday, July 31st. Citizens Jmp lifted their price target on Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a research note on Friday, July 31st. Finally, Bank of America raised Pitney Bowes from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $9.50 to $16.50 in a research note on Monday, May 11th.

Insider Activity

In related news, CEO Kurt James Wolf sold 413,266 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $18.11, for a total transaction of $7,484,247.26. Following the transaction, the chief executive officer directly owned 122,963 shares of the company’s stock, valued at $2,226,859.93. This trade represents a 77.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Todd A. Everett sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $18.07, for a total transaction of $451,750.00. Following the transaction, the executive vice president directly owned 96,048 shares in the company, valued at $1,735,587.36. The trade was a 20.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,476,376 shares of company stock valued at $43,266,688. 6.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Pitney Bowes

Hedge funds have recently modified their holdings of the company. Longview Financial Advisors Inc. purchased a new position in shares of Pitney Bowes in the 1st quarter worth approximately $26,000. Plato Investment Management Ltd bought a new position in shares of Pitney Bowes in the second quarter valued at approximately $55,000. EverSource Wealth Advisors LLC increased its position in shares of Pitney Bowes by 41.3% during 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 during the last quarter. Hantz Financial Services Inc. increased its position in shares of Pitney Bowes by 190.9% during the fourth quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock valued at $40,000 after acquiring an additional 2,459 shares during the last quarter. Finally, UMB Bank n.a. lifted its holdings in Pitney Bowes by 404.6% during the fourth quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock worth $43,000 after acquiring an additional 3,225 shares during the period. Institutional investors own 67.88% of the company’s stock.

Pitney Bowes Stock Up 0.1%

Shares of PBI opened at $17.45 on Monday. The business’s fifty day moving average is $17.54 and its 200 day moving average is $14.05. Pitney Bowes has a 12-month low of $8.95 and a 12-month high of $19.07. The stock has a market cap of $2.39 billion, a P/E ratio of 14.30, a P/E/G ratio of 0.70 and a beta of 1.63.

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 analysts’ consensus estimates of $0.34 by $0.09. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 31.37%. The business had revenue of $451.50 million during the quarter, compared to analyst estimates of $453.94 million. During the same quarter in the previous year, the business posted $0.27 EPS. Pitney Bowes’s quarterly revenue was down 2.4% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. On average, analysts expect that Pitney Bowes will post 1.68 EPS for the current year.

Pitney Bowes Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.01 per share. The ex-dividend date is Monday, August 10th. This represents a $0.04 annualized dividend and a yield of 0.2%. Pitney Bowes’s dividend payout ratio (DPR) is 32.79%.

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.