Pitney Bowes (NYSE:PBI) Stock Price Breaks Below 50 Day Moving Average – Here’s What Happened

Shares of Pitney Bowes Inc. (NYSE:PBI – Get Free Report) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $16.93 and traded as low as $16.40. Pitney Bowes shares last traded at $16.4940, with a volume of 3,492,490 shares.

Pitney Bowes News Roundup

Here are the key news stories impacting Pitney Bowes this week:

  • Positive Sentiment: Pitney Bowes reported third-quarter adjusted earnings of $0.42 per share, above the $0.36 analyst consensus and up from $0.31 a year earlier. Operating profit and net income also improved. Pitney Bowes Q3 2026 Earnings
  • Positive Sentiment: Operating cash flow strengthened significantly to approximately $151 million, while lower capital spending supported free-cash-flow expectations and the company ended the quarter with about $268.5 million in cash. Pitney Bowes Stronger Cash Flow
  • Positive Sentiment: Management raised its full-year 2026 earnings guidance, signaling confidence in the company’s profitability and ongoing performance improvements. Pitney Bowes Updates 2026 Guidance
  • Positive Sentiment: The board approved a quarterly dividend of $0.10 per share, a substantial increase from $0.01, giving the stock an annualized payout of $0.40 and an indicated yield near 2.3%. Pitney Bowes Dividend Approval
  • Neutral Sentiment: Presort Services remained a key growth area, but management is investing through an industry transition. Investors are assessing whether those investments can produce durable growth.
  • Negative Sentiment: Quarterly revenue of roughly $456.2 million declined slightly year over year and narrowly missed estimates, limiting the impact of the earnings beat. Pitney Bowes Q3 Earnings
  • Negative Sentiment: Commentary questioning whether PBI is already fully valued may be weighing on the shares after their strong 12-month advance. In addition, reported insider activity showed substantial selling and no open-market purchases over the past six months, a potential sentiment headwind.

Analyst Ratings Changes

Several brokerages recently commented on PBI. Truist Financial increased their price objective on shares of Pitney Bowes from $15.00 to $18.00 and gave the company a “hold” rating in a research report on Friday, July 31st. Zacks Research lowered shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Wall Street Zen cut shares of Pitney Bowes from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 24th. Citizens Jmp raised their price target on shares of Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a report on Friday, July 31st. Finally, Weiss Ratings downgraded shares of Pitney Bowes from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $18.45.

View Our Latest Report on PBI

Pitney Bowes Price Performance

The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 12.79, a P/E/G ratio of 0.70 and a beta of 1.66. The stock has a fifty day moving average of $16.93 and a 200 day moving average of $14.78.

Pitney Bowes (NYSE:PBI – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The technology company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The company had revenue of $456.18 million for the quarter, compared to analyst estimates of $458.24 million. Pitney Bowes had a net margin of 10.10% and a negative return on equity of 30.30%. The firm’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the company earned $0.31 earnings per share. As a group, equities analysts expect that Pitney Bowes Inc. will post 1.68 earnings per share for the current fiscal year.

Pitney Bowes Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Shareholders of record on Monday, November 16th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, November 16th. This is a positive change from Pitney Bowes’s previous quarterly dividend of $0.01. This represents a $0.40 annualized dividend and a yield of 2.4%. Pitney Bowes’s payout ratio is 32.79%.

Insider Activity

In related news, CEO Kurt Wolf sold 150,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $16.16, for a total value of $2,424,000.00. Following the transaction, the chief executive officer directly owned 91,321 shares of the company’s stock, valued at approximately $1,475,747.36. This trade represents a 62.16% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Deborah Pfeiffer sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $17.11, for a total transaction of $342,200.00. Following the completion of the transaction, the executive vice president directly owned 79,223 shares in the company, valued at $1,355,505.53. This represents a 20.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 819,841 shares of company stock worth $14,366,526 over the last 90 days. 6.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Pitney Bowes

A number of hedge funds have recently made changes to their positions in the company. Capital Management Corp VA lifted its position in shares of Pitney Bowes by 0.5% in the third quarter. Capital Management Corp VA now owns 2,404,924 shares of the technology company’s stock valued at $39,248,000 after acquiring an additional 11,351 shares in the last quarter. State of Wyoming increased its position in shares of Pitney Bowes by 5.5% during the third quarter. State of Wyoming now owns 48,540 shares of the technology company’s stock worth $792,000 after purchasing an additional 2,533 shares in the last quarter. Blueprint Investment Partners LLC purchased a new stake in shares of Pitney Bowes during the third quarter worth approximately $455,000. Blueprint Financial Advisors LLC purchased a new stake in shares of Pitney Bowes during the third quarter worth approximately $455,000. Finally, Simplicity Wealth LLC acquired a new position in Pitney Bowes in the 3rd quarter valued at $392,000. Institutional investors and hedge funds own 67.88% of the company’s stock.

Pitney Bowes Company Profile

(Get Free Report)

Pitney Bowes Inc (NYSE:PBI) is a global technology and services company that helps businesses manage mailing, shipping and related communications. Its offerings include postage meters, mailing systems, shipping software, parcel management tools, address and data services, and equipment financing and support.

The company serves small businesses, large enterprises and government organizations through solutions designed to streamline the preparation, processing and delivery of physical mail and packages.

Further Reading

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