Pitney Bowes (NYSE:PBI) Upgraded by Zacks Research to Strong-Buy Rating

Zacks Research upgraded shares of Pitney Bowes (NYSE:PBI) from a hold rating to a strong-buy rating in a report issued on Thursday,Zacks.com reports.

PBI has been the topic of a number of other research reports. Bank of America assumed coverage on Pitney Bowes in a research report on Tuesday, February 17th. They set an “underperform” rating and a $9.00 target price on the stock. Weiss Ratings cut Pitney Bowes from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Wall Street Zen upgraded Pitney Bowes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 25th. Citigroup reiterated an “outperform” rating on shares of Pitney Bowes in a research report on Friday, April 17th. Finally, The Goldman Sachs Group set a $15.20 price objective on Pitney Bowes in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $13.30.

Pitney Bowes Price Performance

Pitney Bowes stock opened at $15.69 on Thursday. Pitney Bowes has a 1-year low of $8.95 and a 1-year high of $15.95. The stock has a market cap of $2.12 billion, a PE ratio of 15.23, a P/E/G ratio of 0.98 and a beta of 1.64. The stock’s fifty day moving average is $11.94 and its two-hundred day moving average is $10.87.

Pitney Bowes (NYSE:PBI) last posted its earnings results on Tuesday, May 5th. The technology company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Pitney Bowes had a negative return on equity of 33.41% and a net margin of 8.92%.The business had revenue of $477.41 million for the quarter, compared to analysts’ expectations of $471.83 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The business’s revenue was down 3.2% compared to the same quarter last year. On average, research analysts expect that Pitney Bowes will post 1.6 earnings per share for the current fiscal year.

Pitney Bowes Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, May 18th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $0.04 annualized dividend and a yield of 0.3%. Pitney Bowes’s dividend payout ratio is 34.95%.

Insider Buying and Selling at Pitney Bowes

In other news, Director Brent D. Rosenthal bought 4,000 shares of the stock in a transaction on Friday, March 13th. The shares were bought at an average price of $10.22 per share, with a total value of $40,880.00. Following the completion of the acquisition, the director owned 9,000 shares of the company’s stock, valued at approximately $91,980. This trade represents a 80.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kurt James Wolf sold 389,161 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $15.69, for a total value of $6,105,936.09. Following the completion of 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 disclosure for this sale is available in the SEC filing. Insiders sold 2,456,054 shares of company stock worth $34,864,180 in the last three months. 6.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Capital Management Corp VA raised its stake in shares of Pitney Bowes by 8.2% in the 3rd quarter. Capital Management Corp VA now owns 2,337,760 shares of the technology company’s stock valued at $26,674,000 after purchasing an additional 176,180 shares in the last quarter. Evergreen Wealth Management LLC acquired a new stake in shares of Pitney Bowes in the third quarter valued at approximately $6,691,000. LSV Asset Management acquired a new stake in shares of Pitney Bowes in the third quarter valued at approximately $13,812,000. Phoenix Financial Ltd. bought a new position in shares of Pitney Bowes in the third quarter valued at approximately $3,493,000. Finally, Mizuho Markets Americas LLC bought a new position in shares of Pitney Bowes in the third quarter valued at approximately $7,683,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Pitney Bowes News Roundup

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.