Pitney Bowes Inc. (NYSE:PBI) Given Average Rating of "Hold" by Brokerages

Shares of Pitney Bowes Inc. (NYSE:PBI - Get Free Report) have earned a consensus rating of "Hold" from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $18.45.

A number of research firms have weighed in on PBI. Bank of America raised shares of Pitney Bowes from an "underperform" rating to a "neutral" rating and increased their target price for the company from $9.50 to $16.50 in a research report on Monday, May 11th. Citigroup reaffirmed a "market outperform" rating on shares of Pitney Bowes in a research note on Friday, July 31st. 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. The Goldman Sachs Group reiterated a "neutral" rating and set a $17.30 price objective on shares of Pitney Bowes in a research report on Thursday, July 30th. Finally, Wall Street Zen raised shares of Pitney Bowes from a "buy" rating to a "strong-buy" rating in a research note on Saturday, April 25th.

Pitney Bowes Stock Up 0.1%

• Pitney Bowes NYSE: PBI is Surging, Is it Too Risky?

Shares of NYSE:PBI opened at $17.45 on Monday. The business has a fifty day simple moving average of $17.54 and a 200 day simple moving average of $14.05. Pitney Bowes has a 12-month low of $8.95 and a 12-month high of $19.07. The firm 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.09. The company had revenue of $451.50 million during the quarter, compared to the consensus estimate of $453.94 million. Pitney Bowes had a negative return on equity of 31.37% and a net margin of 10.04%.The firm's revenue was down 2.4% compared to the same quarter last year. During the same period last year, the company earned $0.27 earnings per share. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. As a group, equities research analysts expect that Pitney Bowes will post 1.68 EPS for the current year.

Pitney Bowes Announces Dividend

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

Insider Buying and Selling at Pitney Bowes

In other news, CEO Kurt James Wolf sold 430,443 shares of the business's stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $18.23, for a total value of $7,846,975.89. Following the transaction, the chief executive officer directly owned 179,190 shares of the company's stock, valued at $3,266,633.70. The trade was a 70.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders sold 2,476,376 shares of company stock valued at $43,266,688. Company insiders own 6.50% of the company's stock.

Institutional Investors Weigh In On Pitney Bowes

Several large investors have recently added to or reduced their stakes in PBI. Capital Management Corp VA boosted its position in shares of Pitney Bowes by 25.3% during the 4th quarter. Capital Management Corp VA now owns 2,930,328 shares of the technology company's stock worth $30,974,000 after purchasing an additional 592,568 shares in the last quarter. TABR Capital Management LLC acquired a new stake in shares of Pitney Bowes in the 4th quarter valued at about $807,000. Solidarity Wealth LLC bought a new stake in Pitney Bowes in the 4th quarter valued at about $6,236,000. Gamco Investors INC. ET AL increased its position in Pitney Bowes by 33.8% in the 4th quarter. Gamco Investors INC. ET AL now owns 491,200 shares of the technology company's stock valued at $5,192,000 after buying an additional 124,000 shares in the last quarter. Finally, Evergreen Wealth Management LLC raised its stake in Pitney Bowes by 19.1% during the 4th quarter. Evergreen Wealth Management LLC now owns 698,354 shares of the technology company's stock worth $7,382,000 after buying an additional 111,936 shares during the period. Institutional investors and hedge funds own 67.88% of the company's stock.

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.

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