Montrusco Bolton Investments Inc. Has $14.89 Million Stock Holdings in CBIZ, Inc. $CBZ

Montrusco Bolton Investments Inc. increased its position in shares of CBIZ, Inc. (NYSE:CBZ) by 6.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 295,121 shares of the business services provider’s stock after buying an additional 18,300 shares during the quarter. Montrusco Bolton Investments Inc.’s holdings in CBIZ were worth $14,889,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CBZ. AQR Capital Management LLC grew its position in CBIZ by 6.2% during the first quarter. AQR Capital Management LLC now owns 11,725 shares of the business services provider’s stock worth $889,000 after buying an additional 682 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in CBIZ by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,294 shares of the business services provider’s stock worth $2,222,000 after buying an additional 1,318 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in CBIZ by 5.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,270 shares of the business services provider’s stock valued at $10,868,000 after purchasing an additional 7,676 shares in the last quarter. Jane Street Group LLC boosted its holdings in CBIZ by 96.1% during the first quarter. Jane Street Group LLC now owns 41,240 shares of the business services provider’s stock valued at $3,128,000 after purchasing an additional 20,214 shares in the last quarter. Finally, Prudential Financial Inc. boosted its holdings in CBIZ by 80.4% during the second quarter. Prudential Financial Inc. now owns 6,637 shares of the business services provider’s stock valued at $492,000 after purchasing an additional 2,957 shares in the last quarter. 87.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Brad S. Lakhia bought 12,775 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was bought at an average price of $25.97 per share, for a total transaction of $331,766.75. Following the completion of the purchase, the chief financial officer owned 148,480 shares of the company’s stock, valued at approximately $3,856,025.60. The trade was a 9.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.10% of the company’s stock.

CBIZ Stock Performance

NYSE:CBZ opened at $30.73 on Friday. CBIZ, Inc. has a 1 year low of $24.29 and a 1 year high of $77.91. The firm has a 50 day moving average of $28.05 and a 200-day moving average of $41.97. 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 stock has a market capitalization of $1.68 billion, a P/E ratio of 17.36, a price-to-earnings-growth ratio of 0.56 and a beta of 0.93.

CBIZ (NYSE:CBZ) 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). CBIZ had a net margin of 4.19% and a return on equity of 12.23%. The firm had revenue of $542.66 million during the quarter, compared to the consensus estimate of $578.02 million. During the same quarter last year, the firm posted ($0.20) EPS. The business’s revenue was up 17.9% on a year-over-year basis. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. As a group, sell-side analysts anticipate that CBIZ, Inc. will post 3.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CBZ has been the topic of a number of recent research reports. Stephens initiated coverage on CBIZ in a report on Friday, April 10th. They set an “equal weight” rating and a $31.00 price objective on the stock. BMO Capital Markets initiated coverage on CBIZ in a report on Monday, March 30th. They set an “outperform” rating and a $33.00 price objective on the stock. 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 on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CBIZ in a report on Wednesday, January 21st. Finally, Zacks Research raised CBIZ from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $41.33.

CBIZ 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.