Neuberger Berman Group LLC Has $296,000 Position in CBIZ, Inc. $CBZ

Key Points

• Neuberger Berman cut its stake in CBIZ by 94.9% in Q3, selling 103,948 shares and leaving a 5,580-share position valued at about $296,000.
• CBIZ reported a Q that missed expectations—EPS of ($0.70) vs. ($0.66) est. and revenue $542.7M vs. $578.0M est.—but revenue was up 17.9% year-over-year and the company set FY2026 guidance of 3.750–3.850 EPS.
• Analyst opinions are mixed (average rating: Hold, average price target $60), institutional ownership is high (87.44%), and several firms made new or increased investments while the stock trades near the low of its 1‑year range (open $29.28; 1‑yr high $80.65, low $26.97).

Neuberger Berman Group LLC lessened its holdings in shares of CBIZ, Inc. (NYSE:CBZ - Free Report) by 94.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 5,580 shares of the business services provider's stock after selling 103,948 shares during the period. Neuberger Berman Group LLC's holdings in CBIZ were worth $296,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WCM Investment Management LLC bought a new stake in CBIZ in the third quarter valued at about $15,011,000. Y Intercept Hong Kong Ltd bought a new position in CBIZ during the third quarter worth about $3,895,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of CBIZ during the 3rd quarter worth about $1,205,000. Montrusco Bolton Investments Inc. grew its position in shares of CBIZ by 18.6% during the 3rd quarter. Montrusco Bolton Investments Inc. now owns 276,821 shares of the business services provider's stock worth $14,660,000 after buying an additional 43,431 shares during the period. Finally, Norges Bank bought a new stake in shares of CBIZ in the 2nd quarter valued at about $1,842,000. Institutional investors own 87.44% of the company's stock.

CBIZ Trading Up 0.3%

NYSE CBZ opened at $29.28 on Monday. CBIZ, Inc. has a one year low of $26.97 and a one year high of $80.65. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $1.61 billion, a P/E ratio of 16.54, a P/E/G ratio of 0.55 and a beta of 0.95. The stock's 50-day moving average is $39.71 and its 200-day moving average is $49.23.

CBIZ (NYSE:CBZ - Get Free Report) last posted its earnings results on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.66) by ($0.04). The business had revenue of $542.66 million for the quarter, compared to the consensus estimate of $578.02 million. CBIZ had a return on equity of 12.23% and a net margin of 4.19%.CBIZ's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.20) earnings per share. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. Sell-side analysts anticipate that CBIZ, Inc. will post 2.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on CBZ. Deutsche Bank Aktiengesellschaft began coverage on shares of CBIZ in a research note on Monday, January 12th. They set a "hold" rating and a $60.00 price objective on the stock. Zacks Research downgraded shares of CBIZ from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 26th. CJS Securities upgraded shares of CBIZ to a "strong-buy" rating in a report on Thursday, December 11th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of CBIZ in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $60.00.

CBIZ Company Profile

CBIZ, Inc NYSE: CBZ, founded in 1996 and headquartered in Cleveland, Ohio, is a leading provider of professional business services in the United States. Since its inception, the company has grown through both organic expansion and strategic acquisitions to deliver a broad spectrum of financial, tax and advisory solutions tailored to the needs of small to mid-market organizations.

Through its Financial & Advisory Services segment, CBIZ offers accounting, tax preparation and compliance, audit support, and wealth management services.

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