P2 Capital Partners LLC Has $89.47 Million Stock Position in CBIZ, Inc. $CBZ

P2 Capital Partners LLC lifted its holdings in CBIZ, Inc. (NYSE:CBZ) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,773,391 shares of the business services provider’s stock after purchasing an additional 57,066 shares during the quarter. CBIZ accounts for approximately 22.9% of P2 Capital Partners LLC’s holdings, making the stock its largest position. P2 Capital Partners LLC owned approximately 3.26% of CBIZ worth $89,468,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of CBZ. Durable Capital Partners LP bought a new position in shares of CBIZ in the third quarter worth $207,872,000. Bank of Montreal Can bought a new position in shares of CBIZ in the fourth quarter worth $113,596,000. SG Americas Securities LLC bought a new position in shares of CBIZ in the fourth quarter worth $35,653,000. Sunriver Management LLC bought a new position in CBIZ during the third quarter valued at about $31,605,000. Finally, Royce & Associates LP boosted its stake in CBIZ by 389.3% during the fourth quarter. Royce & Associates LP now owns 659,140 shares of the business services provider’s stock valued at $33,254,000 after buying an additional 524,438 shares in the last quarter. Institutional investors own 87.44% of the company’s stock.

Wall Street Analyst Weigh In

CBZ has been the subject of several research reports. Zacks Research raised CBIZ from a “strong sell” rating to a “hold” rating in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $42.00 target price on shares of CBIZ in a research note on Thursday, April 30th. Stephens set a $37.00 target price on CBIZ in a research note on Friday, May 1st. BMO Capital Markets initiated coverage on CBIZ in a research note on Monday, March 30th. They set an “outperform” rating and a $33.00 target price for the company. Finally, Weiss Ratings raised CBIZ from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $37.33.

CBIZ Trading Up 0.3%

Shares of NYSE CBZ opened at $34.00 on Wednesday. CBIZ, Inc. has a 12 month low of $24.29 and a 12 month high of $77.91. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 13.65, a P/E/G ratio of 0.63 and a beta of 0.99. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $31.23 and a 200-day simple moving average of $36.74.

CBIZ (NYSE:CBZ) last announced its earnings results on Wednesday, April 29th. The business services provider reported $2.50 EPS for the quarter, beating the consensus estimate of $2.28 by $0.22. CBIZ had a return on equity of 12.62% and a net margin of 5.57%.The business had revenue of $848.58 million during the quarter, compared to the consensus estimate of $853.46 million. During the same period in the prior year, the business posted $2.33 earnings per share. CBIZ’s revenue was up 1.3% compared to the same quarter last year. CBIZ has set its FY 2026 guidance at 4.000-4.100 EPS. Sell-side analysts predict that CBIZ, Inc. will post 4.07 EPS for the current year.

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.