SCHEDULE: FMR LLC Discloses 15% Stake in CBIZ Inc.

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 15.0% of CBIZ Inc.'s common stock as of March 31, 2026.

Summary

• FMR LLC, along with Abigail P. Johnson, has filed a Schedule 13G, indicating their beneficial ownership of 7,511,042.95 shares of CBIZ Inc. common stock.
• This holding represents 15.0% of the total outstanding common stock of CBIZ Inc.
• The filing is an amendment (Amendment No. 2) and the event date requiring the filing is March 31, 2026.
• FMR LLC is classified as a holding company (HC), and Abigail P. Johnson is classified as an investment company (IN).
• The filing confirms that no single other person's interest in CBIZ Inc. common stock exceeds five percent of the total outstanding shares.
• Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, and Strategic Advisers LLC are identified as entities that beneficially own 5% or greater of the security class being reported.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of beneficial ownership by a major investment firm and does not inherently signal positive or negative performance for CBIZ Inc. itself.

Positives

• FMR LLC and Abigail P. Johnson collectively hold a significant 15.0% stake in CBIZ Inc., indicating substantial investment and confidence.
• The filing clarifies that no single external party holds more than 5% of CBIZ Inc. stock, potentially reducing immediate takeover concerns from other large single holders.
• Several Fidelity subsidiaries are identified as beneficial owners of 5% or greater, suggesting a coordinated and substantial investment strategy.

Negatives

• The filing does not contain any negative financial results or operational challenges for CBIZ Inc. itself; it solely reports on the ownership stake of FMR LLC.

Risks

• The concentration of a 15.0% stake in a single reporting entity (FMR LLC and affiliates) could lead to significant influence over corporate decisions, potentially impacting minority shareholders if interests diverge.
• Abigail P. Johnson's significant ownership in FMR LLC and the associated voting agreement among Johnson family members could lead to concentrated control over FMR LLC's investment decisions, including those related to CBIZ Inc.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from CBIZ Inc. itself. The future outlook for CBIZ Inc. would be found in its own periodic filings.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson signifies a substantial institutional investment in CBIZ Inc., a provider of professional services. Such filings are common for large asset managers and indicate significant positions that can influence market perception and company strategy.

Stakeholder Impact

• Shareholders of CBIZ Inc.: The significant stake held by FMR LLC may influence corporate governance and strategic decisions. The filing also confirms that no single other party holds more than 5%, which could be seen as a positive by some shareholders.
• FMR LLC Shareholders: The investment represents a material holding within their portfolio, subject to the performance of CBIZ Inc.
• Johnson Family: Their control over FMR LLC's voting power through Series B shares and the voting agreement could lead to concentrated influence over CBIZ Inc.

Next Steps

• CBIZ Inc. will continue its operations as disclosed in its own periodic filings.
• FMR LLC and its affiliates will continue to hold and potentially adjust their beneficial ownership of CBIZ Inc. common stock.

Key Dates

Keywords

CBIZ Inc., FMR LLC, Schedule 13G, Beneficial Ownership, Common Stock, Fidelity, Investment, SEC Filing, Abigail P. Johnson, Ownership Stake