Sterling Capital Management LLC Raises Position in BILL Holdings, Inc. $BILL

Sterling Capital Management LLC grew its holdings in shares of BILL Holdings, Inc. (NYSE:BILL) by 305.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,309 shares of the company’s stock after acquiring an additional 14,548 shares during the period. Sterling Capital Management LLC’s holdings in BILL were worth $740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of BILL. Caitong International Asset Management Co. Ltd lifted its position in BILL by 972.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 536 shares of the company’s stock valued at $28,000 after purchasing an additional 486 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in BILL in the fourth quarter worth about $28,000. Rockefeller Capital Management L.P. raised its stake in shares of BILL by 173.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 712 shares of the company’s stock worth $39,000 after buying an additional 452 shares during the period. CWM LLC raised its stake in shares of BILL by 1,000.0% in the fourth quarter. CWM LLC now owns 803 shares of the company’s stock worth $44,000 after buying an additional 730 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of BILL by 27.2% during the 4th quarter. GAMMA Investing LLC now owns 1,243 shares of the company’s stock valued at $68,000 after buying an additional 266 shares in the last quarter. 97.99% of the stock is currently owned by hedge funds and other institutional investors.

BILL Trading Up 7.2%

BILL stock opened at $38.75 on Thursday. BILL Holdings, Inc. has a 1 year low of $31.41 and a 1 year high of $57.21. The firm’s 50 day moving average price is $36.39 and its 200-day moving average price is $42.22. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a market cap of $3.86 billion, a P/E ratio of -3,871.33, a PEG ratio of 1.27 and a beta of 1.17.

BILL (NYSE:BILL) last posted its earnings results on Thursday, May 7th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.13. The company had revenue of $406.56 million during the quarter, compared to analysts’ expectations of $403.76 million. BILL had a net margin of 0.01% and a return on equity of 2.40%. BILL’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period last year, the company posted $0.50 earnings per share. BILL has set its FY 2026 guidance at 2.610-2.640 EPS and its Q4 2026 guidance at 0.690-0.720 EPS. On average, equities analysts predict that BILL Holdings, Inc. will post 0.95 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on BILL shares. Wall Street Zen lowered shares of BILL from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings upgraded shares of BILL from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. The Goldman Sachs Group increased their price objective on shares of BILL from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. BMO Capital Markets raised their price objective on shares of BILL from $43.00 to $46.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of BILL from $42.00 to $49.00 and gave the company a “market perform” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.19.

BILL News Roundup

Here are the key news stories impacting BILL this week:

• Neutral Sentiment: No company-specific catalyst for BILL Holdings was included in the articles, so today’s move likely reflects broader market sentiment, sector rotation, or reaction to recent company fundamentals rather than this news set.
• Neutral Sentiment: The stock has already been trading above its 50-day moving average, but still below its 200-day average, suggesting investors may be waiting for a clearer catalyst before re-rating the shares.
• Neutral Sentiment: BILL’s last reported quarter showed better-than-expected EPS and revenue growth, which may be supporting the stock, but that earnings news was from earlier and not part of this latest batch of headlines.

BILL Company Profile

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency. It also offers onboarding implementation support, and ongoing support and training services.