Pitney Bowes (NYSE:PBI) Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of Pitney Bowes (NYSE:PBI) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports.

Several other equities analysts have also recently commented on PBI. Bank of America began coverage on shares of Pitney Bowes in a research report on Tuesday, February 17th. They issued an “underperform” rating and a $9.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Pitney Bowes in a research note on Monday, December 29th. The Goldman Sachs Group started coverage on Pitney Bowes in a research note on Monday, November 3rd. They set a “neutral” rating and a $11.00 target price for the company. Truist Financial began coverage on Pitney Bowes in a report on Friday, December 12th. They set a “hold” rating and a $11.00 price target on the stock. Finally, Citigroup initiated coverage on Pitney Bowes in a research report on Wednesday, December 3rd. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.00.

Pitney Bowes Trading Down 1.2%

PBI opened at $10.51 on Thursday. The stock’s 50-day moving average price is $10.46 and its 200 day moving average price is $10.75. Pitney Bowes has a 12-month low of $7.39 and a 12-month high of $13.11. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 0.41 and a beta of 1.41.

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

Pitney Bowes Dividend Announcement

The firm also recently declared 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 3.4%. Pitney Bowes’s dividend payout ratio (DPR) is currently 43.37%.

Institutional Investors Weigh In On Pitney Bowes

Hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp boosted its holdings in Pitney Bowes by 3.1% in the second quarter. State Street Corp now owns 6,366,188 shares of the technology company’s stock valued at $69,455,000 after purchasing an additional 188,886 shares in the last quarter. LSV Asset Management lifted its position in shares of Pitney Bowes by 246.7% during the 4th quarter. LSV Asset Management now owns 4,197,189 shares of the technology company’s stock worth $44,364,000 after buying an additional 2,986,689 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Pitney Bowes by 6.4% during the 2nd quarter. Geode Capital Management LLC now owns 4,012,086 shares of the technology company’s stock worth $43,777,000 after buying an additional 240,544 shares during the last quarter. Cannell & Spears LLC boosted its holdings in shares of Pitney Bowes by 89.5% in the 3rd quarter. Cannell & Spears LLC now owns 3,364,466 shares of the technology company’s stock valued at $38,389,000 after buying an additional 1,588,579 shares in the last quarter. Finally, Permit Capital LLC grew its position in shares of Pitney Bowes by 14.0% in the 4th quarter. Permit Capital LLC now owns 3,250,000 shares of the technology company’s stock valued at $34,352,000 after buying an additional 400,000 shares during the last quarter. Institutional investors and hedge funds 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 EPS beat and upward guidance — Pitney Bowes reported Q4 EPS of $0.45 versus consensus ~$0.38 and set FY‑2026 EPS guidance of $1.40–$1.60, supporting upside to earnings power. This beat helped the stock gap higher on the release. Article Title
• Positive Sentiment: Analyst support and new coverage — Sidoti has raised its FY‑2026 and FY‑2027 EPS forecasts (now roughly $1.40–$1.50 range) and lifted several quarter estimates, while Citizens JMP gave a “Market Outperform” and Bank of America initiated coverage, all lending institutional backing to the stock. Article Title Article Title
• Neutral Sentiment: Zacks highlights momentum characteristics — a style‑score piece flags PBI as a top momentum stock for certain investor styles; useful for sentiment but not direct fundamental news. Article Title
• Neutral Sentiment: Earnings call / deep dive coverage — reporters and analysts are parsing restructuring, new leadership and pricing strategy from the Q4 call; these details will influence investor conviction but are more qualitative. Article Title Article Title
• Negative Sentiment: Revenue weakness and mixed near‑term cadence — Q4 revenue missed consensus and was down ~7.5% year‑over‑year; that, plus Sidoti’s targeted cuts to several upcoming quarterly estimates (even as it raised FY totals), suggests a bumpy recovery path. (Sidoti estimate changes summarized in recent notes.)
• Negative Sentiment: Mixed analyst moves on near‑term quarters — while many of Sidoti’s model tweaks raise FY outlook, several quarter‑by‑quarter reductions (Q1/Q2/Q3 adjustments) highlight uncertainty around short‑term growth, which can pressure the stock despite the FY upgrades.

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.