CBIZ, Inc. $CBZ Shares Sold by Handelsbanken Fonder AB
Handelsbanken Fonder AB significantly reduced its stake in CBIZ, Inc. (NYSE:CBZ) by 95% in the second quarter, selling 262,100 shares and retaining 13,900. Despite this, other institutional investors increased their holdings, and institutional ownership remains high at 87.44%. CBIZ recently exceeded EPS estimates but missed revenue forecasts, with its stock opening near the upper end of its 52-week range.
ASU 2024-01 and Profits Interests: Impact on Private Companies
The article discusses the impact of ASU 2024-01 on how private companies account for profits interests, which are equity-like awards. It clarifies that many such arrangements, previously treated as profit-sharing, will now likely fall under ASC 718 for share-based compensation, leading to increased complexity and documentation requirements. The article also outlines key steps companies should take to navigate these new accounting clarifications.
CBIZ (CBZ) Stock Looks Like A Bargain Following Its 65% Run
CBIZ (CBZ) stock has gained 65% over the past five years, yet its current valuation suggests it might still be undervalued. While its P/E ratio is slightly above industry averages, a fundamental model indicates a fair P/E of 26.5x compared to its current 23.6x, suggesting a discount. The article concludes that CBIZ appears modestly undervalued relative to its fundamentals, with its future valuation dependent on maintaining strong earnings and resilient revenue and margins.
CBIZ (CBZ) Stock Looks Like A Bargain Following Its 65% Run
CBIZ (CBZ) stock has seen a 65% gain over the past five years, yet its current valuation suggests it may still be undervalued, trading at 23.6x earnings compared to a fair P/E of 26.5x. While the stock's returns have been mixed over the past year, its fundamental analysis indicates a modest undervaluation relative to its fair P/E ratio. The article suggests that CBIZ's ability to maintain resilient revenue and margins will be crucial for its future valuation.
Four Pending House Bills Could Affect Not-for-Profit Reporting, Political Activity, and Religious Organizations
Four House bills, recently approved by the Ways and Means Committee, could significantly impact not-for-profit organizations regarding fiscal sponsorships, foreign contributions, political activity, and religious protections. While not yet law, these proposals suggest increased congressional scrutiny in these areas. Not-for-profits should proactively review their current practices to prepare for potential future compliance changes.
123,551 Shares in CBIZ, Inc. $CBZ Purchased by Summit Creek Advisors LLC
Summit Creek Advisors LLC recently acquired 123,551 shares of CBIZ, Inc. (NYSE:CBZ), valued at approximately $3.96 million, making it about 0.23% of the company. Institutional investors collectively hold 87.44% of CBIZ. Despite analysts maintaining a "Hold" rating with an average price target below the stock's opening price, CBIZ exceeded quarterly EPS expectations, reporting $0.91 against a $0.72 consensus, although revenue saw a slight year-over-year decline.
California SB 122’s Impact on Digital Products and Tax Credits
California Senate Bill 122, signed by Governor Gavin Newsom, introduces significant tax changes. Beginning January 1, 2027, it expands sales and use tax to certain digital products, treating them as tangible personal property. Additionally, the bill extends California's business tax credit limitation through 2029 and establishes a permanent framework for credit limitations starting in 2030, impacting businesses selling or purchasing prewritten software and those with significant California credit positions.
Beyond the Premium: How Funding Models Shape Your Benefits Strategy
This article discusses how different health plan funding models, beyond just premium costs, significantly impact an organization's control over spending, data insights, and flexibility in benefits strategy. It outlines four core approaches: fully insured, level-funded, self-funded, and captives/consortia, detailing the advantages and trade-offs of each. The piece encourages employers to reevaluate their current funding strategy if they observe issues like consistent renewal increases, limited cost visibility, or a disconnect between plan design and workforce needs.
Is CBIZ (CBZ) Stock Undervalued Right Now?
CBIZ (CBZ) currently holds a Zacks Rank #2 (Buy) and an 'A' grade for Value, suggesting it may be undervalued. The company's Forward P/E ratio of 13.83 is lower than its industry average of 14.55, and its P/S ratio of 1.07 is also below the industry average of 1.3. These metrics, combined with a strong earnings outlook, indicate that CBIZ could be a promising value stock.
Is CBIZ (CBZ) Stock Undervalued Right Now?
CBIZ (CBZ) is currently rated a Zacks Rank #2 (Buy) and holds an "A" grade for Value, suggesting it may be an undervalued stock. Its Forward P/E ratio of 13.83 is below its industry average of 14.55, and its P/S ratio of 1.07 is also lower than the industry average of 1.3. These metrics, combined with a strong earnings outlook, indicate that CBZ could be a promising value investment.
CBIZ Named Top 10 VAR Provider by Accounting Today for Second Consecutive Year
CBIZ has been recognized by Accounting Today as a top 10 Value-Added Reseller (VAR) provider for the second consecutive year, ranking number 8. The firm's technology practice supports over 100 partnerships, including an expanded alliance with Microsoft for AI-driven solutions. This achievement highlights CBIZ's commitment to providing innovative technology solutions to its clients across various industries.
Is CBIZ (CBZ) Stock Outpacing Its Business Services Peers This Year?
CBIZ (CBZ) stock is outperforming its Business Services peers and its industry group year-to-date, with an 8% gain compared to the sector's 7.7% loss and the Consulting Services industry's 17.6% loss. The company currently holds a Zacks Rank #2 (Buy), and its full-year earnings estimates have seen a 0.7% upward revision over the past 90 days, indicating improving analyst sentiment. Esco Technologies (ESE) is another Business Services stock showing strong performance, returning 56.5% year-to-date.
Applying Automation to Transform Accounts Payable for a Public Housing Authority
A small public housing authority struggled with inefficient, manual accounts payable processes, leading to significant administrative effort, potential errors, and fraud risk. CBIZ implemented an AP automation solution using Bill.com, integrating it with the client's existing system to streamline invoice processing, approvals, and payments. This automation reduced processing time, improved accuracy and internal controls, and allowed staff to focus on strategic initiatives, ultimately enhancing financial management and vendor relationships.
Turning PCAOB Inspection Findings into Audit-Readiness
Recent PCAOB inspection data show improved deficiency rates, especially among larger firms, after several years of elevated findings. This article advises audit committees and management teams to use PCAOB inspection results to discuss common themes and recurring challenges with their external auditors, such as complex estimates, revenue, and business combinations. By strengthening documentation, controls, and accounting analyses, companies can better prepare for upcoming audits and reduce late-cycle surprises.
Managing Complex Tax Filings for a Chemical Company
This case study details how CBIZ helped a chemical company navigate complex tax filings, particularly after a last-minute ownership change necessitated updating K-1s across 40 states. Despite system limitations and federal override issues, CBIZ provided guidance, maintained open communication, and ensured accurate state filings and special income allocations. The collaboration resulted in successful, compliant filings that exceeded client expectations.
August 2026 Regulatory & Legislative Update
This August 2026 update details key regulatory and legislative changes impacting employer-sponsored benefits, including the 2027 affordability standards under the Affordable Care Act (ACA), updated out-of-pocket limits, and HSA contribution maximums. It also covers a significant HIPAA cybersecurity settlement involving Spencer Gifts, proposed DOL rules for electronic disclosure in health plans, and recent expansions to family leave laws in Hawaii, Massachusetts, and New Jersey. The article provides essential information for employers to ensure compliance and manage their benefits programs effectively.
Janus Henderson Group PLC Cuts Stake in CBIZ, Inc. $CBZ
Janus Henderson Group PLC significantly reduced its holdings in CBIZ, Inc. by 97.6% in the first quarter, selling 889,050 shares and retaining 21,663 shares valued at approximately $582,000. Despite this, other institutional investors increased their stakes in CBIZ. The company reported quarterly earnings per share of $0.91, exceeding estimates, but revenue of $682.21 million fell short of expectations and showed a slight year-over-year decline.
Royal Bank of Canada Sells 74,600 Shares of CBIZ, Inc. $CBZ
Royal Bank of Canada reduced its stake in CBIZ, Inc. by 21.4% during the first quarter, selling 74,600 shares and retaining 274,198 shares valued at $7.36 million. Despite institutional investors owning 87.44% of the company, analyst sentiment is mixed, with a consensus "Hold" rating and an average price target of $44.50. CBIZ reported strong quarterly EPS of $0.91, surpassing expectations, though revenue slightly missed estimates and saw a marginal year-over-year decline.
How to Build a Business Case for a New HCM System
Building a strong business case for a new Human Capital Management (HCM) system involves identifying current system inefficiencies, aligning HCM needs with broader business goals, and building a cross-functional team to define the value of change. The proposal should detail both quantitative and qualitative benefits such as time savings, cost control, risk reduction, and improved employee experience, while anticipating stakeholder questions to strengthen the recommendation. This strategic approach helps decision-makers understand the necessity and benefits of investing in a new HCM system.
IRS Identifies Certain CRAT Transactions as Listed Transactions: What Taxpayers and Advisors Need to Know
The IRS has issued final regulations identifying specific charitable remainder annuity trust (CRAT) arrangements involving single premium immediate annuities (SPIAs) as "listed transactions." These transactions, which attempt to report CRAT distributions under Section 72 annuity rules rather than the Section 664(b) CRAT ordering rules, are now under increased IRS scrutiny. Taxpayers and advisors involved in such arrangements face heightened disclosure obligations and potential penalties for non-compliance, while legitimate CRATs remain valid charitable planning tools.
First Trust Advisors LP Has $1.67 Million Stock Position in CBIZ, Inc. $CBZ
First Trust Advisors LP significantly increased its stake in CBIZ, Inc. by 236.2% in the first quarter, now holding 62,286 shares valued at $1.67 million. CBIZ recently reported strong quarterly earnings of $0.91 EPS, surpassing analyst estimates, though revenue slightly missed expectations. Despite a consensus "Hold" rating from analysts with an average price target below the current stock price, institutional investors and hedge funds collectively own 87.44% of the company.
Dimensional Fund Advisors LP Decreases Stake in CBIZ, Inc. $CBZ
Dimensional Fund Advisors LP reduced its stake in CBIZ, Inc. by 7.3% in the first quarter, selling 42,833 shares and retaining 546,850 shares worth approximately $14.7 million. Institutional investors collectively own 87.44% of the company's stock. Despite beating earnings estimates, CBIZ's revenue fell short, and analysts maintain a cautious "Hold" rating with an average price target below the current trading price.
CBIZ Inc (NYSE: CBZ) sees FMR disclose 8.3% ownership position
FMR LLC has filed an Amendment No. 3 to their Schedule 13G, disclosing a passive ownership stake of 8.3% in CBIZ Inc common stock, totaling 4,463,715.01 shares. FMR LLC holds sole voting power over 4,463,208 shares and sole dispositive power over all 4,463,715.01 shares. Abigail P. Johnson is also reported with sole dispositive power over the same number of shares.
CBIZ, Inc. $CBZ Shares Bought by Quantinno Capital Management LP
Quantinno Capital Management LP significantly increased its stake in CBIZ, Inc. by 543.8% in the first quarter, now owning 175,005 shares valued at $4.7 million. CBIZ recently reported strong quarterly earnings of $0.91 EPS, exceeding analyst expectations, though revenue slightly missed estimates. Despite institutional ownership of 87.44%, analysts currently have a cautious "Hold" rating on the stock with an average price target below its current trading price.
Modernizing Nonprofit Financial Management: A Sage Intacct Demo
This article announces a webinar hosted by CBIZ on September 23, 2026, demonstrating Sage Intacct for nonprofit financial management. The webinar aims to help CFOs, controllers, finance directors, and operations professionals in the nonprofit sector optimize financial processes. Attendees will learn to streamline multi-entity consolidations, automate shared cost allocations, and efficiently track grants using Sage Intacct.
CBIZ (NYSE: CBZ) offers rescission to ESPP shareholders over 481,049 shares
CBIZ (NYSE: CBZ) has initiated a rescission offer for up to 481,049 shares of common stock acquired under its Employee Stock Purchase Plan (ESPP) between October 16, 2023, and April 15, 2026. This offer addresses potential non-compliance with Securities Act registration requirements and material weaknesses in internal control, including ESPP administration, and intends to limit contingent rescission liability. Eligible participants can receive the ESPP purchase price plus 5.44% interest, with additional amounts for shares sold at a loss, and the offer expires on September 8, 2026.
Grant Thornton’s $5 billion CBIZ acquisition to create firm with nearly $7.5 billion in revenue
Grant Thornton, the eighth-largest accounting firm, is set to acquire CBIZ, the ninth-largest, in a $5 billion all-cash deal. This acquisition, backed by New Mountain Capital, is expected to close by year-end and will create a combined entity with nearly $7.5 billion in revenue. The merger could position the new firm as the fifth-largest provider of professional, tax, and advisory services in the nation.
CBIZ, Inc. (NYSE: CBZ) director exercises 50,000 options, shares withheld in net exercise
CBIZ, Inc. director Sherman A. Haag exercised stock options for 50,000 shares of common stock at an exercise price of $24.62 per share, and 22,354 shares were withheld at $55.07 per share to cover the exercise price through a net exercise under a Rule 10b5-1 plan. This transaction, executed on August 4, 2026, resulted in Haag acquiring 27,646 net shares. Following the exercise, he holds 47,771 shares of common stock and no remaining option shares from this grant.
Grant Thornton Advisors plans to acquire CBIZ for $5 billion, which is expected to make it the fifth-largest professional services, tax, and consulting firm in the United States.
Grant Thornton Advisors is reportedly planning to acquire CBIZ for $5 billion. This acquisition is anticipated to create the fifth-largest professional services, tax, and consulting firm in the United States. The move signifies a major consolidation in the professional services industry.
CBIZ, Inc. Q2 2026: Revenue $682.2M, EPS $0.31— 10-Q Summary
CBIZ, Inc. (CBZ) reported its second-quarter 2026 results, showing flat revenue year-over-year at $682.2 million, with net income declining to $18.6 million and diluted EPS at $0.31. The company noted stable underlying demand, led by growth in Financial Services, while facing increased operational costs due to integration and personnel investments. Management plans to focus on organic growth, technology investment, selective acquisitions, and share repurchases amidst macroeconomic uncertainties.
New Importer of Record Rules Could Reshape Customs and Tax Planning for Foreign Companies
New importer of record (IOR) rules, stemming from a June 3, 2026, executive order, are set to significantly impact foreign companies importing goods into the U.S. These changes aim to strengthen customs enforcement and will require foreign importers to re-evaluate their customs compliance, federal income tax exposure, transfer pricing, and state and local tax nexus. Companies are advised to review their IOR structures, bond coverage, and related-party pricing before the December 2026 deadline to avoid increased penalties and unintended tax obligations.
Ready, Set, AI:Agentic AI in Manufacturing: Turning Insights Into Coordinated Action
This article discusses the rise of agentic AI in manufacturing, which moves beyond simple analysis to planning, coordinating, and executing actions across various workflows. It highlights how agentic AI helps manufacturers address challenges like margin pressure and supply chain volatility by closing the gap between insight and action. The authors detail practical applications, common starting points, and critical steps for successful implementation, including data quality, governance, and change management.
Edgestream Partners L.P. Takes $3.61 Million Position in CBIZ, Inc. $CBZ
Edgestream Partners L.P. has acquired a new position in CBIZ, Inc. worth approximately $3.61 million, owning 0.25% of the company. This comes as Grant Thornton Advisors plans to acquire CBIZ in an all-cash deal at $55 per share, potentially taking the company private. Despite CBIZ beating quarterly earnings expectations, its revenue slightly missed estimates and declined year-over-year.
CBIZ Private Equity Advisory’s Market Update – Q2 2026
CBIZ Private Equity Advisory has released its Q2 2026 market update, analyzing the private equity landscape. The report, titled "Waiting for the Exit," explores the increasing inventory of sponsor-held assets, an uneven exit market, and the implications of longer hold periods for funds. It also provides a "Deal Metrics Update," highlighting data-driven insights into shifting sector preferences, declining deal values, and the continued preference for premium assets in the exit market.
CBZ Stock Alert: Halper Sadeh LLC is Investigating Whether CBIZ, Inc. is Obtaining a Fair Price for its Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating the sale of CBIZ, Inc. (NYSE: CBZ) to Grant Thornton Advisors LLC for $55.00 in cash per share. The investigation aims to determine if CBIZ and its board violated federal securities laws or breached fiduciary duties by failing to secure the best price, conduct a fair sales process, or disclose all material information to shareholders. Halper Sadeh LLC encourages CBIZ shareholders to contact them to discuss their rights and options.
Four Forces Reshaping State and Local Government Finance
State and local governments are currently facing significant financial and operational challenges driven by four key forces: retiring workforces, increasing demand for services amid revenue uncertainty, growing compliance and cyber risks, and a massive IT spending wave. Addressing these interconnected issues requires an integrated approach to governance, finance, technology, and risk management to ensure long-term resilience and effective public service delivery. The article emphasizes the need for proactive planning, strategic technology adoption, and robust financial controls to navigate these pressures successfully.
CBIZ Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CBIZ, Inc. - CBIZ
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of CBIZ, Inc. to Grant Thornton Advisors LLC for $55.00 per share in cash. The law firm is evaluating whether this price and the process leading to the sale adequately value CBIZ. Shareholders are invited to contact KSF if they believe the transaction undervalues the company or wish to discuss their legal rights.
Waiting for the Exit
Private equity firms are facing a significant backlog of unsold companies, with inventory steadily increasing and nearly one-third of assets over six years old. The market has not experienced a broad reset to realign buyer and seller expectations, leading to a two-speed exit market where only the highest-quality businesses are readily trading. To address this, sponsors need to focus on building exit readiness early in the investment cycle, implementing operational improvements and de-risking strategies, rather than solely waiting for market conditions to improve.
Should Value Investors Buy CBIZ (CBZ) Stock?
CBIZ (CBZ) is presented as a potential buy for value investors, sporting a Zacks Rank #2 (Buy) and a Value grade of A. The article highlights its attractive P/E ratio of 13.83 compared to an industry average of 14.80, and a P/S ratio of 1.07 against an industry average of 1.26. These metrics, combined with a strong earnings outlook, suggest that CBZ may currently be undervalued.
CBIZ to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal
Grant Thornton's U.S. arm is acquiring rival CBIZ Inc. for up to $5 billion. Following the Q4 closing, CBIZ's financial services and insurance brokerage firm will be spun off into a standalone entity, backed by private equity firm New Mountain Capital. The new firm will focus on insurance, retirement, and payroll services, with CBIZ having a "go shop" period until August 27 to solicit competing offers.
Grant Thornton to buy CBIZ, Inc. (NYSE: CBZ) in $5.0B cash deal
Grant Thornton is set to acquire CBIZ, Inc. (NYSE: CBZ) in an all-cash transaction valued at $5.0 billion, or $55.00 per share. This deal is expected to close in Q4 2026, after which CBIZ will become a private company and its stock will be delisted from the NYSE. CBIZ simultaneously reported its Q2 and first-half 2026 financial results, which showed mixed performance, and subsequently withdrew its 2026 guidance due to the pending acquisition.
CBIZ Inc. (CBZ) Surges 17% on $5 Billion Grant Thornton Merger
CBIZ Inc. (CBZ) saw its share price surge by 17.56% following the announcement of a definitive agreement to merge with Grant Thornton Advisors in an all-cash transaction valued at $5 billion. Grant Thornton will acquire CBIZ's entire stake at $55 per share, representing a 17% premium over its last closing price. The deal is expected to close in Q4 and includes a "go-shop" period for CBIZ to solicit alternative offers.
Grant Thornton-CBIZ merger poised to reshape Northeast Ohio’s accounting market
The impending merger between Grant Thornton and CBIZ is expected to significantly alter the accounting market in Northeast Ohio. The article includes the official publication date and time, confirming the article's currency. CBIZ Inc.'s headquarters in Independence, Ohio, opened in late 2023.
Grant Thornton Advisors to Buy CBIZ for $5B, Create Stand-Alone Benefits Firm
Grant Thornton Advisors LLC is set to acquire CBIZ Inc. for $5 billion in an all-cash deal, making it the fifth-largest professional services, tax, and advisory provider in the U.S. This acquisition will lead to the spin-off of CBIZ's benefits and insurance services into an independent company focused on retirement, insurance, and payroll, supported by private equity firm New Mountain Capital. CBIZ shareholders will receive a 54% premium on their shares, with the transaction expected to close in Q4 2026.
Grant Thornton to acquire CBIZ for $5 billion
Grant Thornton is set to acquire CBIZ for $5 billion. The acquisition, reported by Crain's Cleveland Business, was announced on July 29, 2026, at 09:30 AM CDT. This significant deal will impact the accounting and consulting sectors.
Grant Thornton Advisors to Acquire CBIZ for $5 Billion in Transaction Supported by New Mountain Capital
Grant Thornton Advisors announced its acquisition of CBIZ for $5 billion in an all-cash transaction, supported by New Mountain Capital. This deal, the largest of its kind in over 25 years, is set to create the fifth-largest professional services, tax, and advisory provider in the U.S. CBIZ shareholders will receive $55.00 per share, and CBIZ's Benefits and Insurance Services segment will later become an independent company backed by New Mountain Capital.
CBIZ Announces ESPP Rescission Offer, Control Remediation Plans
CBIZ announced a voluntary rescission offer for up to 481,049 shares inadvertently purchased under its employee stock purchase plan, potentially costing up to $20.2 million, though expected to have no material financial impact. The company also identified material weaknesses in internal controls related to ESPP administration and goodwill reassignment, which will lead to an amended 2025 Form 10-K and ongoing remediation efforts, while its consolidated financial statements remain fairly presented. An analyst rated CBZ stock as a Buy with a $45.00 price target, and Spark’s AI Analyst gave it an Outperform rating.
Grant Thornton to Buy Advisory Firm CBIZ in $5 Billion Deal
Grant Thornton's US arm has agreed to acquire rival advisory firm CBIZ Inc. for $5 billion in an all-cash deal. This acquisition represents one of the largest in the professional services sector recently, valuing CBIZ at a 54% premium to its undisturbed share price. The merger will create a combined entity with $7.5 billion in revenue and a global workforce of over 34,000 employees.
What Cayman CRS and Draft Form W-9 Updates Mean for Compliance
This article discusses recent updates to the Cayman Common Reporting Standard (CRS) Self-Certification Forms and the draft IRS Form W-9 (Rev. June 2026), highlighting a global trend towards increased tax transparency and standardized reporting. It details specific changes such as mandatory data points, elimination of tiebreaker rules, and new categories for digital asset brokers, providing guidance for fund managers and administrators to ensure compliance and avoid disruptions. The article emphasizes the importance of updating documentation, enhancing data validation, and monitoring regulatory developments to adapt to these evolving requirements.
Legal Services Firm Returns to Reliable HR and Payroll Solution
A legal services firm, after an unsuccessful transition to a lower-cost HR and payroll solution from Paychex, chose to return to CBIZ within a year. The firm experienced issues with limited support and delayed responses from the alternative provider. CBIZ successfully reinstated their comprehensive HR and payroll services, leading to improved operational efficiency and a strengthened long-term partnership.
