Pitney Bowes (NYSE:PBI) Stock Crosses Above 200 Day Moving Average – What’s Next?

Pitney Bowes Inc. (NYSE:PBI) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.53 and traded as high as $11.08. Pitney Bowes shares last traded at $10.8850, with a volume of 2,746,774 shares.

Analyst Upgrades and Downgrades

PBI has been the subject of a number of research analyst reports. Citigroup assumed coverage on Pitney Bowes in a research report on Wednesday, December 3rd. They set an “outperform” rating for the company. Zacks Research cut Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 19th. Citizens Jmp restated a “market outperform” rating and issued a $13.00 price objective on shares of Pitney Bowes in a research note on Wednesday, February 18th. Bank of America began coverage on Pitney Bowes in a research report on Tuesday, February 17th. They set an “underperform” rating and a $9.00 target price for the company. Finally, Truist Financial began coverage on Pitney Bowes in a research note on Friday, December 12th. They set a “hold” rating and a $11.00 target price on the stock. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $11.00.

Pitney Bowes Stock Performance

The company has a market cap of $1.63 billion, a PE ratio of 13.11, a price-to-earnings-growth ratio of 0.75 and a beta of 1.42. The company’s 50 day moving average price is $10.49 and its 200-day moving average price is $10.53.

Pitney Bowes (NYSE:PBI) last posted its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.The business had revenue of $477.63 million for the quarter, compared to the consensus estimate of $482.47 million. During the same quarter in the prior year, the business earned $0.32 earnings per share. Pitney Bowes’s revenue for the quarter was down 7.5% on a year-over-year basis. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. Equities research analysts expect that Pitney Bowes Inc. will post 1.21 EPS for the current year.

Pitney Bowes Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, February 27th. Pitney Bowes’s dividend payout ratio is currently 43.37%.

Insiders Place Their Bets

In other news, Director Brent D. Rosenthal acquired 4,000 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of $10.22 per share, for a total transaction of $40,880.00. Following the purchase, the director owned 9,000 shares of the company’s stock, valued at approximately $91,980. The trade was a 80.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kurt James Wolf sold 150,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $10.38, for a total transaction of $1,557,000.00. Following the sale, the chief executive officer directly owned 557,637 shares in the company, valued at approximately $5,788,272.06. This trade represents a 21.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Pitney Bowes

Several large investors have recently modified their holdings of PBI. EverSource Wealth Advisors LLC lifted its stake in shares of Pitney Bowes by 41.3% during 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 in the last quarter. Hantz Financial Services Inc. boosted its holdings in Pitney Bowes by 190.9% in the 4th quarter. Hantz Financial Services Inc. now owns 3,747 shares of the technology company’s stock worth $40,000 after buying an additional 2,459 shares during the period. UMB Bank n.a. grew its stake in Pitney Bowes by 404.6% in the 4th quarter. UMB Bank n.a. now owns 4,022 shares of the technology company’s stock valued at $43,000 after buying an additional 3,225 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in Pitney Bowes in the 2nd quarter valued at approximately $51,000. Finally, Canada Pension Plan Investment Board bought a new stake in Pitney Bowes during the 2nd quarter valued at $51,000. Hedge funds and other institutional investors own 67.88% of the company’s stock.

About Pitney Bowes

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.