Neumeier Poma Investment Counsel LLC Decreases Stock Holdings in CBIZ, Inc. $CBZ

Neumeier Poma Investment Counsel LLC cut its stake in CBIZ, Inc. (NYSE:CBZ) by 76.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 103,035 shares of the business services provider’s stock after selling 335,941 shares during the period. Neumeier Poma Investment Counsel LLC owned approximately 0.19% of CBIZ worth $5,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in CBZ. Intech Investment Management LLC boosted its stake in CBIZ by 19.2% during the third quarter. Intech Investment Management LLC now owns 27,320 shares of the business services provider’s stock worth $1,447,000 after buying an additional 4,401 shares during the last quarter. AXQ Capital LP purchased a new position in shares of CBIZ during the 3rd quarter worth $294,000. Equitable Trust Co. acquired a new position in shares of CBIZ during the 3rd quarter valued at about $777,000. CenterBook Partners LP acquired a new position in shares of CBIZ during the 3rd quarter valued at about $5,212,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of CBIZ in the third quarter valued at about $536,000. Institutional investors and hedge funds own 87.44% of the company’s stock.

CBIZ Price Performance

CBIZ stock opened at $27.14 on Thursday. The company’s 50 day simple moving average is $42.93 and its 200-day simple moving average is $50.98. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.57 and a current ratio of 1.57. CBIZ, Inc. has a 1 year low of $26.97 and a 1 year high of $90.13. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 17.86 and a beta of 0.92.

CBIZ (NYSE:CBZ) last posted its quarterly earnings data on Wednesday, February 25th. The business services provider reported ($0.70) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.66) by ($0.04). The company had revenue of $542.66 million for the quarter, compared to analysts’ expectations of $578.02 million. CBIZ had a return on equity of 14.00% and a net margin of 3.89%.The business’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.20) EPS. CBIZ has set its FY 2026 guidance at 3.750-3.850 EPS. As a group, equities research analysts expect that CBIZ, Inc. will post 2.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CBZ shares. CJS Securities raised shares of CBIZ to a “strong-buy” rating in a research note on Thursday, December 11th. Deutsche Bank Aktiengesellschaft started coverage on shares of CBIZ in a research report on Monday, January 12th. They set a “hold” rating and a $60.00 price target on the stock. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of CBIZ in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Insider Buying and Selling at CBIZ

In related news, Director Benaree Pratt Wiley sold 8,288 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $49.54, for a total value of $410,587.52. Following the sale, the director owned 35,956 shares in the company, valued at approximately $1,781,260.24. The trade was a 18.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 4.95% of the company’s stock.

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.