Pitney Bowes (NYSE:PBI) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Pitney Bowes Inc. (NYSE:PBI) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.51 and traded as high as $11.90. Pitney Bowes shares last traded at $11.8850, with a volume of 1,356,592 shares.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Bank of America assumed coverage on shares of Pitney Bowes in a research note on Tuesday, February 17th. They set an “underperform” rating and a $9.00 price target on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Pitney Bowes in a research note on Friday, March 27th. Citizens Jmp increased their price target on shares of Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a research note on Friday. Zacks Research lowered shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 19th. Finally, Citigroup restated an “outperform” rating on shares of Pitney Bowes in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.25.

Pitney Bowes Stock Performance

The business’s 50 day moving average is $10.80 and its 200-day moving average is $10.53. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 0.84 and a beta of 1.39.

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

Pitney Bowes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were paid a $0.09 dividend. The ex-dividend date was Friday, February 27th. This represents a $0.36 dividend on an annualized basis and a yield of 2.8%. Pitney Bowes’s dividend payout ratio (DPR) is presently 43.37%.

Insiders Place Their Bets

In other news, Director Brent D. Rosenthal bought 4,000 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of $10.22 per share, for a total transaction of $40,880.00. Following the purchase, the director owned 9,000 shares of the company’s stock, valued at $91,980. This represents a 80.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kurt James Wolf sold 160,289 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $11.06, for a total transaction of $1,772,796.34. Following the completion of the transaction, the chief executive officer owned 543,211 shares in the company, valued at $6,007,913.66. The trade was a 22.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 502,939 shares of company stock worth $5,352,655 over the last quarter. 6.50% of the stock is currently owned by company insiders.

Institutional Trading of Pitney Bowes

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital Management Corp VA grew its position in 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 worth $26,674,000 after purchasing an additional 176,180 shares during the last quarter. Evergreen Wealth Management LLC acquired a new stake in Pitney Bowes in the 3rd quarter worth $6,691,000. Allspring Global Investments Holdings LLC grew its position in Pitney Bowes by 76.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 555,747 shares of the technology company’s stock worth $6,341,000 after purchasing an additional 241,465 shares during the last quarter. Mizuho Markets Americas LLC acquired a new stake in Pitney Bowes in the 3rd quarter worth $7,683,000. Finally, Phoenix Financial Ltd. acquired a new stake in Pitney Bowes in the 3rd quarter worth $3,493,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.

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.