A number of research firms have changed their ratings and price targets for Pitney Bowes (NYSE: PBI):
- 5/11/2026 – Pitney Bowes was upgraded by Bank of America Corporation from “underperform” to “neutral”. They now have a $16.50 price target on the stock, up from $9.50.
- 5/8/2026 – Pitney Bowes was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 5/8/2026 – Pitney Bowes was given a new $15.20 price target by The Goldman Sachs Group, Inc..
- 5/7/2026 – Pitney Bowes had its price target raised by Truist Financial Corporation from $11.00 to $15.00. They now have a “hold” rating on the stock.
- 5/7/2026 – Pitney Bowes was upgraded by Zacks Research from “hold” to “strong-buy”.
- 4/25/2026 – Pitney Bowes was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 4/24/2026 – Pitney Bowes was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 4/24/2026 – Pitney Bowes had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $13.70 price target on the stock.
- 4/17/2026 – Pitney Bowes had its “outperform” rating reaffirmed by Citigroup Inc..
- 4/17/2026 – Pitney Bowes had its price target raised by Citizens Jmp from $13.00 to $14.00. They now have a “market outperform” rating on the stock.
- 3/27/2026 – Pitney Bowes had its “hold (c)” rating reaffirmed by Weiss Ratings.
Pitney Bowes Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Monday, May 18th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, May 18th. Pitney Bowes’s payout ratio is 38.83%.
Insider Activity at Pitney Bowes
In other Pitney Bowes news, CEO Kurt James Wolf sold 966,561 shares of Pitney Bowes stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $14.58, for a total value of $14,092,459.38. Following the transaction, the chief executive officer directly owned 452,628 shares in the company, valued at approximately $6,599,316.24. This trade represents a 68.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Brent D. Rosenthal purchased 4,000 shares of the firm’s 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 purchase, the director owned 9,000 shares of the company’s stock, valued at approximately $91,980. This represents a 80.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 2,456,054 shares of company stock valued at $34,864,180 in the last quarter. 6.50% of the stock is currently owned by company insiders.
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.
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