Zacks Research Upgrades Pitney Bowes (NYSE:PBI) to “Strong-Buy”

Pitney Bowes (NYSE:PBI) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Other equities analysts have also recently issued research reports about the company. Wall Street Zen upgraded Pitney Bowes from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 25th. Weiss Ratings cut Pitney Bowes from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, April 24th. Bank of America initiated coverage on Pitney Bowes in a research note on Tuesday, February 17th. They set an “underperform” rating and a $9.00 target price for the company. Citizens Jmp boosted their target price on Pitney Bowes from $13.00 to $14.00 and gave the stock a “market outperform” rating in a report on Friday, April 17th. Finally, The Goldman Sachs Group set a $15.20 price target on Pitney Bowes in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Pitney Bowes currently has an average rating of “Hold” and an average price target of $13.30.

Pitney Bowes Price Performance

Shares of PBI stock opened at $15.69 on Thursday. The company has a fifty day moving average price of $11.94 and a two-hundred day moving average price of $10.87. Pitney Bowes has a one year low of $8.95 and a one year high of $15.95. The stock has a market cap of $2.12 billion, a P/E ratio of 15.23, a P/E/G ratio of 0.98 and a beta of 1.64.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings data on Tuesday, May 5th. The technology company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. The company had revenue of $477.41 million for the quarter, compared to analyst estimates of $471.83 million. Pitney Bowes had a net margin of 8.92% and a negative return on equity of 33.41%. Pitney Bowes’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.33 EPS. As a group, equities research analysts anticipate that Pitney Bowes will post 1.6 EPS for the current fiscal year.

Insider Activity

In other news, Director Brent D. Rosenthal bought 4,000 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was bought at an average cost of $10.22 per share, for a total transaction of $40,880.00. Following the transaction, the director owned 9,000 shares of the company’s stock, valued at $91,980. This represents a 80.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kurt James Wolf sold 389,161 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $15.69, for a total transaction of $6,105,936.09. Following the sale, the chief executive officer directly owned 363,853 shares of the company’s stock, valued at approximately $5,708,853.57. This trade represents a 51.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,456,054 shares of company stock valued at $34,864,180 in the last ninety days. 6.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PBI. LSV Asset Management boosted its holdings in shares of Pitney Bowes by 246.7% in the 4th quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock valued at $44,364,000 after purchasing an additional 2,986,689 shares in the last quarter. Cannell & Spears LLC raised its holdings in shares of Pitney Bowes by 89.5% during the 3rd quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock worth $38,389,000 after buying an additional 1,588,579 shares in the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Pitney Bowes during the 1st quarter worth $16,403,000. Millennium Management LLC lifted its position in shares of Pitney Bowes by 60.2% during the 4th quarter. Millennium Management LLC now owns 2,630,801 shares of the technology company’s stock worth $27,808,000 after buying an additional 988,653 shares during the last quarter. Finally, Cibc World Market Inc. boosted its stake in Pitney Bowes by 2,724.6% in the third quarter. Cibc World Market Inc. now owns 836,071 shares of the technology company’s stock valued at $9,540,000 after buying an additional 806,471 shares in the last quarter. 67.88% of the stock is currently owned by institutional investors and hedge funds.

Pitney Bowes News Summary

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

• Positive Sentiment: Sidoti raised several Pitney Bowes earnings estimates for 2026 and 2027, including full-year FY2026 and FY2027 forecasts, signaling improving profit expectations. Sidoti analyst estimate updates for Pitney Bowes
• Positive Sentiment: Pitney Bowes was added to the Zacks Rank #1 (Strong Buy) momentum list, which may draw trader and momentum investor interest. New Strong Buy Stocks for May 8th
• Positive Sentiment: Another Zacks note highlighted PBI as a possible near-term surge candidate, citing solid earnings estimate revisions. Why Pitney Bowes Might Be Well Poised for a Surge
• Positive Sentiment: The company’s recent earnings results were solid, with adjusted EPS meeting expectations and revenue coming in above forecasts, reinforcing the case for better fundamentals. Pitney Bowes Q1 2026 Earnings Transcript
• Neutral Sentiment: Yahoo Finance also published a piece asking whether the current valuation already reflects Pitney Bowes’ strong multi-year share price performance, suggesting debate about upside versus full pricing. Is Pitney Bowes Pricing Reflecting Its Strong Multi Year Share Price Performance
• Negative Sentiment: There was also a report framing PBI as trading lower earlier, likely reflecting short-term profit-taking or mixed market reaction to the news flow. Why Pitney Bowes stock is trading lower today

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.