Pitney Bowes Inc. (NYSE:PBI) Receives $18.45 Average Target Price from Analysts

Shares of Pitney Bowes Inc. (NYSE:PBI) have received a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $18.45.

PBI has been the topic of several recent research reports. Citizens Jmp lifted their target price on Pitney Bowes from $19.00 to $22.00 and gave the stock a “market outperform” rating in a report on Friday, July 31st. Weiss Ratings raised Pitney Bowes from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. The Goldman Sachs Group restated a “neutral” rating and set a $17.30 price objective on shares of Pitney Bowes in a research report on Thursday, July 30th. Truist Financial lifted their price objective on Pitney Bowes from $15.00 to $18.00 and gave the stock a “hold” rating in a research note on Friday, July 31st. Finally, Bank of America raised shares of Pitney Bowes from an “underperform” rating to a “neutral” rating and increased their target price for the company from $9.50 to $16.50 in a research report on Monday, May 11th.

Insider Buying and Selling at Pitney Bowes

In related news, EVP Todd A. Everett sold 25,000 shares of Pitney Bowes 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 completion of the transaction, the executive vice president owned 96,048 shares of the company’s stock, valued at $1,735,587.36. This trade represents a 20.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kurt James Wolf sold 413,266 shares of Pitney Bowes stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $18.11, for a total transaction of $7,484,247.26. Following the transaction, the chief executive officer directly owned 122,963 shares of the company’s stock, valued at $2,226,859.93. This represents a 77.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,476,376 shares of company stock valued at $43,266,688. 6.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Management Corp VA grew its position in shares of Pitney Bowes by 25.3% during the 4th quarter. Capital Management Corp VA now owns 2,930,328 shares of the technology company’s stock worth $30,974,000 after buying an additional 592,568 shares during the period. TABR Capital Management LLC bought a new stake in shares of Pitney Bowes in the 4th quarter valued at $807,000. Solidarity Wealth LLC acquired a new position in shares of Pitney Bowes during the 4th quarter valued at $6,236,000. Gamco Investors INC. ET AL boosted its stake in Pitney Bowes by 33.8% during the fourth quarter. Gamco Investors INC. ET AL now owns 491,200 shares of the technology company’s stock worth $5,192,000 after acquiring an additional 124,000 shares in the last quarter. Finally, Evergreen Wealth Management LLC boosted its stake in Pitney Bowes by 19.1% during the fourth quarter. Evergreen Wealth Management LLC now owns 698,354 shares of the technology company’s stock worth $7,382,000 after acquiring an additional 111,936 shares in the last quarter. 67.88% of the stock is owned by institutional investors and hedge funds.

Pitney Bowes Price Performance

NYSE:PBI opened at $16.40 on Monday. Pitney Bowes has a one year low of $8.95 and a one year high of $19.07. The company has a market cap of $2.25 billion, a PE ratio of 13.44, a P/E/G ratio of 0.67 and a beta of 1.63. The firm’s 50 day simple moving average is $17.53 and its 200 day simple moving average is $14.25.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.09. Pitney Bowes had a net margin of 10.04% and a negative return on equity of 31.37%. The firm had revenue of $451.50 million during the quarter, compared to the consensus estimate of $453.94 million. During the same quarter last year, the firm earned $0.27 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.550-1.700 EPS. Equities research analysts expect that Pitney Bowes will post 1.68 EPS for the current year.

Pitney Bowes Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 10th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, August 10th. Pitney Bowes’s dividend payout ratio is currently 32.79%.

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.