Ieq Capital LLC bought a new position in shares of BILL Holdings, Inc. (NYSE:BILL – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 12,964 shares of the company’s stock, valued at approximately $469,000.
A number of other institutional investors have also added to or reduced their stakes in BILL. Pier Capital LLC bought a new stake in shares of BILL in the 4th quarter worth approximately $5,064,000. Pacer Advisors Inc. increased its holdings in shares of BILL by 1,775.9% in the first quarter. Pacer Advisors Inc. now owns 338,085 shares of the company’s stock valued at $12,949,000 after buying an additional 320,062 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of BILL by 743.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 264,036 shares of the company’s stock worth $10,113,000 after acquiring an additional 232,731 shares in the last quarter. NewEdge Wealth LLC acquired a new position in shares of BILL in the 4th quarter worth $15,778,000. Finally, Empowered Funds LLC raised its position in shares of BILL by 1,331.3% during the first quarter. Empowered Funds LLC now owns 115,145 shares of the company’s stock worth $4,410,000 after purchasing an additional 107,100 shares during the period. Hedge funds and other institutional investors own 97.99% of the company’s stock.
BILL Stock Up 2.8%
BILL stock opened at $50.25 on Friday. The company has a 50 day moving average of $43.90 and a two-hundred day moving average of $40.93. The company has a market cap of $4.29 billion, a price-to-earnings ratio of -386.54, a PEG ratio of 0.75 and a beta of 1.13. BILL Holdings, Inc. has a 12-month low of $31.41 and a 12-month high of $57.21. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.49.
Analysts Set New Price Targets
BILL has been the topic of a number of analyst reports. Truist Financial lifted their price target on BILL from $38.00 to $44.00 and gave the stock a “hold” rating in a research note on Friday, July 24th. JPMorgan Chase & Co. cut their price target on shares of BILL from $60.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday, June 5th. Jefferies Financial Group upped their price target on shares of BILL from $50.00 to $56.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Wolfe Research lifted their price objective on shares of BILL from $57.00 to $60.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, BMO Capital Markets increased their target price on BILL from $46.00 to $55.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $58.22.
View Our Latest Research Report on BILL
Key Stories Impacting BILL
Here are the key news stories impacting BILL this week:
- Positive Sentiment: Rising earnings estimates: Zacks reported that recent estimate revisions could support further near-term strength in BILL shares, suggesting analysts are becoming more confident in the company’s earnings outlook. Can BILL Holdings (BILL) Run Higher on Rising Earnings Estimates?
- Positive Sentiment: Strong-buy upgrade: Zacks Research upgraded BILL from “hold” to “strong buy,” adding positive analyst momentum around the stock.
- Positive Sentiment: Solid quarterly performance and growth prospects: A Seeking Alpha analysis said BILL exceeded fiscal fourth-quarter 2026 revenue and EPS guidance and consensus, while showing meaningful improvement in operating profitability. The analysis also highlighted BILL’s proprietary financial data, 9-million-member network and developing AI capabilities as potential competitive advantages. Share repurchases have reduced the share count by roughly 15 million, and the contributor views the stock as undervalued, assigning an $86 price target. BILL Holdings: Good Progress, No Drama
- Neutral Sentiment: Analyst consensus remains cautious: A separate report said BILL has an average analyst recommendation of “hold,” indicating that the bullish Zacks upgrade has not yet translated into broad consensus optimism. BILL Holdings Receives Average Recommendation of Hold
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.
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