Royce & Associates LP Has $7.13 Million Stock Holdings in CBIZ, Inc. $CBZ

Key Points

• Royce & Associates LP trimmed its holdings by 35.9% in CBIZ to 134,702 shares (about 0.25% of the company) worth $7.13 million, and institutional investors own roughly 87.44% of the stock.
• CBIZ missed quarterly estimates, reporting EPS of ($0.70) versus ($0.66) expected and revenue of $542.66M versus $578.02M, though revenue was up 17.9% year‑over‑year.
• The company set FY2026 guidance of EPS $3.75–3.85; the shares trade around $28.67 (12‑month range $26.97–$80.65) with a market cap of about $1.58B, and analysts hold a mixed view with a consensus "Hold" and $60 price target.

Royce & Associates LP trimmed its holdings in CBIZ, Inc. (NYSE:CBZ - Free Report) by 35.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 134,702 shares of the business services provider's stock after selling 75,517 shares during the quarter. Royce & Associates LP owned about 0.25% of CBIZ worth $7,134,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in CBIZ in the 2nd quarter valued at about $35,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of CBIZ in the second quarter valued at approximately $37,000. EverSource Wealth Advisors LLC raised its position in CBIZ by 165.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 722 shares of the business services provider's stock worth $52,000 after purchasing an additional 450 shares during the last quarter. AlphaQuest LLC lifted its holdings in CBIZ by 6,847.1% during the 3rd quarter. AlphaQuest LLC now owns 1,181 shares of the business services provider's stock worth $63,000 after buying an additional 1,164 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in CBIZ during the 2nd quarter worth $132,000. Institutional investors own 87.44% of the company's stock.

CBIZ Trading Down 4.0%

NYSE CBZ opened at $28.67 on Thursday. CBIZ, Inc. has a 12 month low of $26.97 and a 12 month high of $80.65. The stock has a 50-day simple moving average of $40.66 and a 200 day simple moving average of $49.81. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $1.58 billion, a PE ratio of 16.20, a P/E/G ratio of 0.56 and a beta of 0.94.

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 the consensus estimate of ($0.66) by ($0.04). The company had revenue of $542.66 million for the quarter, compared to analyst estimates of $578.02 million. CBIZ had a return on equity of 12.23% and a net margin of 4.19%.CBIZ's quarterly revenue was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.20) earnings per share. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. Research analysts forecast that CBIZ, Inc. will post 2.65 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CBZ shares. CJS Securities upgraded CBIZ to a "strong-buy" rating in a research report on Thursday, December 11th. Zacks Research lowered CBIZ from a "hold" rating to a "strong sell" rating in a research report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft initiated coverage on CBIZ in a report on Monday, January 12th. They set a "hold" rating and a $60.00 price objective for the company. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of CBIZ in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, CBIZ has a consensus rating of "Hold" and a consensus price target of $60.00.

About CBIZ

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.