Pitney Bowes Inc. (NYSE:PBI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Pitney Bowes Inc. (NYSE:PBI) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $18.45.

PBI has been the topic of several analyst reports. Bank of America upgraded shares of Pitney Bowes from an “underperform” rating to a “neutral” rating and raised their price target for the company from $9.50 to $16.50 in a research report on Monday, May 11th. Weiss Ratings upgraded shares of Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 31st. Citizens Jmp increased their target price on shares of Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a research note on Friday, July 31st. Truist Financial raised their target price on Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a research report on Friday, July 31st. Finally, Zacks Research upgraded Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th.

Insider Buying and Selling

In other news, EVP Todd A. Everett sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $18.07, for a total transaction of $451,750.00. Following the transaction, the executive vice president owned 96,048 shares in the company, valued at $1,735,587.36. This trade represents a 20.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Kurt Wolf sold 1,920 shares of Pitney Bowes stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $17.42, for a total transaction of $33,446.40. Following the completion of the sale, the chief executive officer directly owned 122,790 shares in the company, valued at $2,139,001.80. This represents a 1.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,419,467 shares of company stock valued at $42,373,690 over the last 90 days. Company insiders own 6.50% of the company’s stock.

Hedge Funds Weigh In On Pitney Bowes

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Longview Financial Advisors Inc. acquired a new stake in shares of Pitney Bowes in the first quarter valued at about $26,000. EverSource Wealth Advisors LLC raised 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 position 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 during the last quarter. UMB Bank n.a. lifted its stake in 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 in the last quarter. Finally, Nykredit A S purchased a new position in Pitney Bowes in the 2nd quarter valued at about $46,000. 67.88% of the stock is owned by hedge funds and other institutional investors.

Pitney Bowes Trading Up 0.9%

Shares of NYSE:PBI opened at $17.55 on Friday. Pitney Bowes has a 12-month low of $8.95 and a 12-month high of $19.07. The business has a 50 day moving average of $17.41 and a two-hundred day moving average of $14.90. The company has a market capitalization of $2.41 billion, a PE ratio of 14.39, a PEG ratio of 0.70 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.43 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $453.94 million. During the same quarter last year, the company earned $0.27 EPS. The business’s 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. Equities research analysts predict that Pitney Bowes will post 1.68 earnings per share for the current fiscal year.

Pitney Bowes Announces Dividend

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

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.