Pitney Bowes (NYSE:PBI) Cut to Buy at Wall Street Zen

Posted by Brian Himes on Nov 4th, 2026

Wall Street Zen lowered shares of Pitney Bowes (NYSE:PBI – Free Report) from a strong-buy rating to a buy rating in a report released on Sunday,Wall Street Zen reports.

A number of other analysts also recently issued reports on PBI. Zacks Research downgraded Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Citizens Jmp increased their price target on Pitney Bowes from $19.00 to $22.00 and gave the company a “market outperform” rating in a research report on Friday, July 31st. Weiss Ratings downgraded Pitney Bowes from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, October 27th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $17.30 price target on shares of Pitney Bowes in a research report on Thursday, July 30th. Finally, Citigroup reiterated a “market outperform” rating on shares of Pitney Bowes in a research note on Friday, July 31st. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Pitney Bowes presently has an average rating of “Hold” and an average price target of $18.45.

Read Our Latest Analysis on Pitney Bowes

Pitney Bowes Trading Down 3.8%

Pitney Bowes stock opened at $15.50 on Friday. Pitney Bowes has a 1-year low of $8.95 and a 1-year high of $19.07. The company has a fifty day simple moving average of $16.91 and a 200 day simple moving average of $14.86. The company has a market cap of $2.10 billion, a P/E ratio of 9.11, a price-to-earnings-growth ratio of 0.65 and a beta of 1.74.

Pitney Bowes (NYSE:PBI – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The technology company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. Pitney Bowes had a net margin of 10.10% and a negative return on equity of 30.45%. The firm had revenue of $456.18 million for the quarter, compared to analysts’ expectations of $458.24 million. During the same period in the previous year, the firm posted $0.31 EPS. The company’s revenue for the quarter was down .8% on a year-over-year basis. On average, equities research analysts forecast that Pitney Bowes will post 1.67 EPS for the current year.

Pitney Bowes Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 8th. Stockholders of record on Monday, November 16th will be given a $0.10 dividend. This is a boost from Pitney Bowes’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.6%. Pitney Bowes’s payout ratio is 31.01%.

Insider Transactions at Pitney Bowes

In related news, CEO Kurt Wolf sold 150,000 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $17.31, for a total value of $2,596,500.00. Following the completion of the sale, the chief executive officer directly owned 109,254 shares in the company, valued at approximately $1,891,186.74. This trade represents a 57.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Todd A. Everett sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $16.89, for a total transaction of $168,900.00. Following the completion of the sale, the executive vice president owned 86,048 shares of the company’s stock, valued at $1,453,350.72. This trade represents a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 583,092 shares of company stock worth $9,764,001 in the last ninety days. Insiders own 6.50% of the company’s stock.

Institutional Trading of Pitney Bowes

Institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC increased its holdings in shares of Pitney Bowes by 824.5% in the second quarter. Hsbc Holdings PLC now owns 1,587,274 shares of the technology company’s stock valued at $27,762,000 after purchasing an additional 1,415,590 shares during the last quarter. Man Group plc bought a new position in shares of Pitney Bowes in the second quarter valued at about $6,659,000. The Manufacturers Life Insurance Company bought a new position in shares of Pitney Bowes in the second quarter valued at about $1,293,000. Bank of New York Mellon Corp acquired a new stake in shares of Pitney Bowes during the 2nd quarter worth about $28,683,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Pitney Bowes by 20.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 468,595 shares of the technology company’s stock worth $8,210,000 after buying an additional 79,226 shares during the last quarter. Institutional investors own 67.88% of the company’s stock.

Pitney Bowes News Summary

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

Positive Sentiment: Pitney Bowes raised its quarterly dividend to $0.10 per share from $0.01, equivalent to $0.40 annually and a yield of about 2.5% at the cited share price.
Neutral Sentiment: Sidoti revised its 2027 quarterly EPS estimates in opposite directions: it cut Q3 to $0.41 from $0.46, but raised Q4 to $0.44 from $0.42. The company’s latest reported quarter also beat EPS expectations ($0.42 versus $0.36), though revenue slightly missed estimates and declined year over year.
Negative Sentiment: CEO Kurt Wolf disclosed sales of 51,517 shares on Oct. 29 and 150,000 shares on Nov. 2. The large transactions—and the resulting reduction in his reported holdings—could concern investors about insider confidence. Insider-sale report

About Pitney Bowes

(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.