Pitney Bowes (NYSE:PBI) Receives Market Outperform Rating from Citizens Jmp

Citizens Jmp reissued their market outperform rating on shares of Pitney Bowes (NYSE:PBI) in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a $13.00 target price on the technology company’s stock.

Several other research analysts have also commented on the company. Zacks Research upgraded Pitney Bowes from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Bank of America assumed coverage on Pitney Bowes in a research note on Tuesday. They issued an “underperform” rating and a $9.00 price objective for the company. The Goldman Sachs Group initiated coverage on Pitney Bowes in a report on Monday, November 3rd. They issued a “neutral” rating and a $11.00 target price for the company. Truist Financial initiated coverage on Pitney Bowes in a research report on Friday, December 12th. They set a “hold” rating and a $11.00 target price on the stock. Finally, Citigroup assumed coverage on Pitney Bowes in a research report on Wednesday, December 3rd. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.00.

Pitney Bowes Stock Performance

Shares of PBI opened at $11.12 on Wednesday. The stock has a market capitalization of $1.79 billion, a PE ratio of 13.40, a P/E/G ratio of 0.48 and a beta of 1.41. The company’s fifty day moving average is $10.45 and its 200 day moving average is $10.76. Pitney Bowes has a fifty-two week low of $7.39 and a fifty-two week high of $13.11.

Pitney Bowes (NYSE:PBI) last released 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 net margin of 7.65% and a negative return on equity of 40.49%. The business had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. During the same quarter last year, the business earned $0.32 earnings per share. Pitney Bowes’s quarterly revenue was down 7.5% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. As a group, research analysts forecast that Pitney Bowes will post 1.21 earnings per share for the current year.

Pitney Bowes Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be paid a $0.09 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.2%. Pitney Bowes’s dividend payout ratio (DPR) is presently 80.00%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Capital Management Corp VA lifted its stake in shares of Pitney Bowes by 8.2% during the 3rd quarter. Capital Management Corp VA now owns 2,337,760 shares of the technology company’s stock worth $26,674,000 after purchasing an additional 176,180 shares during the last quarter. Evergreen Wealth Management LLC purchased a new position in Pitney Bowes in the third quarter valued at about $6,691,000. Allspring Global Investments Holdings LLC raised its holdings in Pitney Bowes by 76.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 555,747 shares of the technology company’s stock worth $6,341,000 after purchasing an additional 241,465 shares in the last quarter. Mizuho Markets Americas LLC purchased a new stake in shares of Pitney Bowes during the third quarter valued at about $7,683,000. Finally, Phoenix Financial Ltd. bought a new stake in shares of Pitney Bowes in the 3rd quarter valued at about $3,493,000. Hedge funds and other 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: Q4 earnings beat: Pitney Bowes reported adjusted EPS of $0.45, topping the Street consensus (~$0.38), which traderstypically reward even though revenue was down year‑over‑year. Zacks: Q4 Earnings
• Positive Sentiment: FY‑2026 guidance set: Management gave EPS guidance of $1.40–$1.60 for FY‑2026 (around or slightly above consensus midpoints), which reduces near‑term forecast uncertainty. BusinessWire: Results & CEO Letter
• Positive Sentiment: Quarterly dividend declared: Pitney Bowes announced a $0.09 quarterly dividend (≈3.2% yield) with an ex‑dividend date Feb 27, which can attract income‑oriented investors.
• Positive Sentiment: Corporate/management moves: Appointment of Steve Fischer as President of The Pitney Bowes Bank signals strengthening of the financial‑services arm. Yahoo: Bank President Hire
• Positive Sentiment: Insider buying and institutional movements cited in coverage may be read as confidence signals by some investors. QuiverQuant: Insider Activity
• Neutral Sentiment: Analyst mix: Citizens JMP reaffirmed a “market outperform” rating with a $13 PT (upside from current levels), while Bank of America initiated coverage with an “underperform” $9 PT — creating divergent near‑term analyst signals. TickerReport / Benzinga
• Neutral Sentiment: Investor materials: Company posted the earnings slide deck and CEO letter (useful for investors reviewing segment guidance and strategy). Seeking Alpha: Slide Deck
• Negative Sentiment: Revenue and profitability pressure: Revenue fell ~7.5% YoY to $477.6M and missed/slightly trailed some estimates; operating profit and net income showed declines versus prior year, underscoring execution/volume headwinds. MSN: Sales Below Estimates
• Negative Sentiment: Mixed metrics and legacy balance‑sheet items: Some reports note weaker GAAP profitability swings and a large liabilities base; these longer‑term fundamentals keep downside risk if top‑line recovery lags. Investing.com: Profitability Focus

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.