SG Americas Securities LLC Takes $35.65 Million Position in CBIZ, Inc. $CBZ

Key Points

• SG Americas Securities LLC opened a new position in CBIZ by acquiring 706,709 shares worth about $35.65 million, representing roughly 1.30% of the company.
• CBIZ's latest quarter missed expectations—reported ($0.70) EPS vs. ($0.66) expected and revenue of $542.66M vs. $578.02M—although revenue rose 17.9% year-over-year and management set FY2026 guidance at 3.75–3.85 EPS.
• Institutional investors own about 87.4% of CBIZ while insiders hold ~4.95% (including a CFO purchase of 12,775 shares); analysts' consensus is a "Hold" with an average price target of $60.

SG Americas Securities LLC acquired a new position in CBIZ, Inc. (NYSE:CBZ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 706,709 shares of the business services provider's stock, valued at approximately $35,653,000. SG Americas Securities LLC owned about 1.30% of CBIZ at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. increased its holdings in CBIZ by 5.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 22,879 shares of the business services provider's stock valued at $1,154,000 after buying an additional 1,279 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in CBIZ by 12.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 63,483 shares of the business services provider's stock worth $3,406,000 after acquiring an additional 7,200 shares during the period. CIBC Bancorp USA Inc. purchased a new position in shares of CBIZ during the 3rd quarter worth $279,000. Kensington Investment Counsel LLC boosted its stake in shares of CBIZ by 38.3% during the 3rd quarter. Kensington Investment Counsel LLC now owns 26,671 shares of the business services provider's stock worth $1,412,000 after acquiring an additional 7,386 shares during the last quarter. Finally, Danske Bank A S bought a new stake in shares of CBIZ during the 3rd quarter valued at $42,000. 87.44% of the stock is currently owned by institutional investors.

CBIZ Stock Performance

CBZ opened at $25.54 on Thursday. The company has a 50 day simple moving average of $32.87 and a two-hundred day simple moving average of $45.92. 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 $1.41 billion, a P/E ratio of 14.43, a PEG ratio of 0.47 and a beta of 0.94. CBIZ, Inc. has a 1-year low of $24.29 and a 1-year high of $80.65.

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

Insider Buying and Selling

In other CBIZ news, CFO Brad S. Lakhia purchased 12,775 shares of the firm's stock in a transaction on Friday, March 13th. The shares were acquired at an average cost of $25.97 per share, with a total value of $331,766.75. Following the completion of the acquisition, the chief financial officer directly owned 148,480 shares in the company, valued at $3,856,025.60. The trade was a 9.41% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 4.95% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

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

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