Pitney Bowes (NYSE:PBI) Rating Increased to Strong-Buy at Zacks Research

Pitney Bowes (NYSE:PBIGet Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

A number of other equities research analysts also recently issued reports on PBI. 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 report on Friday, July 31st. Wall Street Zen upgraded shares of Pitney Bowes from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 25th. Truist Financial increased their price objective on Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, July 31st. Bank of America upgraded Pitney Bowes from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $9.50 to $16.50 in a research note on Monday, May 11th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.30 target price on shares of Pitney Bowes in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Pitney Bowes currently has a consensus rating of “Moderate Buy” and an average price target of $18.45.

Read Our Latest Analysis on Pitney Bowes

Pitney Bowes Trading Down 2.2%

Shares of NYSE PBI opened at $16.61 on Monday. Pitney Bowes has a one year low of $8.95 and a one year high of $19.07. The firm has a market capitalization of $2.28 billion, a PE ratio of 13.61, a PEG ratio of 0.68 and a beta of 1.63. The business has a 50-day moving average price of $17.54 and a two-hundred day moving average price of $14.14.

Pitney Bowes (NYSE:PBIGet Free Report) last posted its quarterly earnings results 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 business had revenue of $451.50 million during the quarter, compared to analyst estimates of $453.94 million. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 31.37%. The firm’s revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 earnings per share. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. Research analysts anticipate that Pitney Bowes will post 1.68 EPS for the current year.

Insider Buying and Selling at Pitney Bowes

In other Pitney Bowes news, EVP Todd A. Everett sold 25,000 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $18.07, for a total transaction of $451,750.00. Following the transaction, the executive vice president directly owned 96,048 shares of the company’s stock, valued at $1,735,587.36. This represents a 20.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kurt James Wolf sold 413,266 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $18.11, for a total value of $7,484,247.26. Following the transaction, the chief executive officer owned 122,963 shares in the company, valued at approximately $2,226,859.93. This trade represents a 77.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 2,476,376 shares of company stock valued at $43,266,688. 6.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PBI. EverSource Wealth Advisors LLC increased its holdings in Pitney Bowes by 41.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after buying an additional 1,015 shares during the period. Advisory Services Network LLC increased its stake in Pitney Bowes by 2.4% in the third quarter. Advisory Services Network LLC now owns 52,975 shares of the technology company’s stock valued at $604,000 after acquiring an additional 1,234 shares during the period. Baird Financial Group Inc. raised its position in Pitney Bowes by 12.5% in the second quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company’s stock worth $144,000 after purchasing an additional 1,459 shares in the last quarter. HB Wealth Management LLC lifted its stake in Pitney Bowes by 3.0% during the first quarter. HB Wealth Management LLC now owns 62,446 shares of the technology company’s stock worth $690,000 after purchasing an additional 1,807 shares during the period. Finally, Creative Planning lifted its stake in Pitney Bowes by 13.5% during the third quarter. Creative Planning now owns 18,402 shares of the technology company’s stock worth $210,000 after purchasing an additional 2,188 shares during the period. 67.88% of the stock is owned by institutional investors.

About Pitney Bowes

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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.

Further Reading

Analyst Recommendations for Pitney Bowes (NYSE:PBI)

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