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

Pitney Bowes Inc. (NYSE:PBI) has received an average rating of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $11.00.

Several brokerages have recently commented on PBI. Bank of America began coverage on shares of Pitney Bowes in a research report on Tuesday, February 17th. They set an “underperform” rating and a $9.00 price target on the stock. Citizens Jmp restated a “market outperform” rating and set a $13.00 price objective on shares of Pitney Bowes in a research note on Wednesday, February 18th. Truist Financial assumed coverage on Pitney Bowes in a report on Friday, December 12th. They set a “hold” rating and a $11.00 target price on the stock. Citigroup assumed coverage on Pitney Bowes in a research report on Wednesday, December 3rd. They issued an “outperform” rating for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Pitney Bowes in a report on Monday, December 29th.

Insider Buying and Selling at Pitney Bowes

In other Pitney Bowes news, CEO Kurt James Wolf sold 150,000 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $10.30, for a total transaction of $1,545,000.00. Following the sale, the chief executive officer directly owned 571,137 shares of the company’s stock, valued at approximately $5,882,711.10. This represents a 20.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 9.00% of the company’s stock.

Institutional Investors Weigh In On Pitney Bowes

Institutional investors have recently modified their holdings of the business. LSV Asset Management raised its stake in Pitney Bowes by 246.7% during the fourth quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock worth $44,364,000 after acquiring an additional 2,986,689 shares during the period. Cannell & Spears LLC grew its holdings in shares of Pitney Bowes by 89.5% during the third quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock valued at $38,389,000 after purchasing an additional 1,588,579 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Pitney Bowes by 60.2% during the fourth quarter. Millennium Management LLC now owns 2,630,801 shares of the technology company’s stock valued at $27,808,000 after purchasing an additional 988,653 shares during the last quarter. Cibc World Market Inc. raised its position in shares of Pitney Bowes by 2,724.6% during the 3rd quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company’s stock worth $9,540,000 after purchasing an additional 806,471 shares during the period. Finally, Mizuho Markets Americas LLC acquired a new stake in shares of Pitney Bowes during the 3rd quarter worth approximately $7,683,000. Institutional investors own 67.88% of the company’s stock.

Pitney Bowes Trading Down 3.1%

Shares of NYSE:PBI opened at $10.15 on Friday. The firm has a market cap of $1.52 billion, a PE ratio of 12.22, a price-to-earnings-growth ratio of 0.72 and a beta of 1.42. The company has a fifty day simple moving average of $10.48 and a 200 day simple moving average of $10.68. Pitney Bowes has a 12-month low of $7.39 and a 12-month high of $13.11.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. The firm had revenue of $477.63 million for the quarter, compared to the consensus estimate of $482.47 million. Pitney Bowes had a net margin of 7.65% and a negative return on equity of 36.91%. The firm’s revenue was down 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 EPS. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. As a group, equities research analysts forecast that Pitney Bowes will post 1.21 EPS for the current fiscal year.

Pitney Bowes Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, February 27th. This represents a $0.36 annualized dividend and a yield of 3.5%. Pitney Bowes’s payout ratio is presently 43.37%.

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.