Jackson Square Partners LLC Decreases Stake in BILL Holdings, Inc. $BILL

Jackson Square Partners LLC lessened its position in shares of BILL Holdings, Inc. (NYSE:BILL) by 71.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 77,076 shares of the company’s stock after selling 190,311 shares during the period. Jackson Square Partners LLC’s holdings in BILL were worth $3,566,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Contour Asset Management LLC acquired a new stake in shares of BILL in the 1st quarter valued at $65,783,000. Dimensional Fund Advisors LP increased its holdings in BILL by 110.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,489,918 shares of the company’s stock valued at $114,265,000 after buying an additional 1,309,337 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in BILL by 133.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,038,609 shares of the company’s stock valued at $93,552,000 after buying an additional 1,165,398 shares during the last quarter. Temasek Holdings Private Ltd raised its stake in BILL by 36.4% in the first quarter. Temasek Holdings Private Ltd now owns 3,719,895 shares of the company’s stock valued at $170,706,000 after buying an additional 992,591 shares in the last quarter. Finally, Greenhouse Funds LLLP lifted its holdings in BILL by 68.2% during the 1st quarter. Greenhouse Funds LLLP now owns 2,348,766 shares of the company’s stock worth $107,785,000 after buying an additional 952,149 shares during the last quarter. 97.99% of the stock is owned by hedge funds and other institutional investors.

BILL Stock Up 2.7%

BILL stock opened at $45.55 on Friday. The company has a market cap of $4.57 billion, a price-to-earnings ratio of -168.70, a price-to-earnings-growth ratio of 11.65 and a beta of 1.43. The company has a fifty day moving average price of $50.77 and a 200 day moving average price of $46.68. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.58 and a quick ratio of 1.58. BILL Holdings, Inc. has a 12 month low of $36.55 and a 12 month high of $100.19.

BILL (NYSE:BILL) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.10. BILL had a net margin of 0.79% and a return on equity of 1.39%. The company had revenue of $395.74 million for the quarter, compared to analyst estimates of $390.91 million. During the same period in the previous year, the business posted $0.63 earnings per share. BILL’s quarterly revenue was up 10.4% on a year-over-year basis. BILL has set its FY 2026 guidance at 2.110-2.250 EPS. Q2 2026 guidance at 0.540-0.570 EPS. Sell-side analysts expect that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

BILL announced that its board has approved a stock buyback plan on Wednesday, August 27th that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the company to purchase up to 7.2% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. BMO Capital Markets lowered their price objective on BILL from $56.00 to $54.00 and set a “market perform” rating for the company in a research report on Friday. Evercore ISI decreased their target price on BILL from $50.00 to $48.00 and set an “in-line” rating for the company in a research note on Thursday, August 28th. JPMorgan Chase & Co. increased their price target on shares of BILL from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Friday. Robert W. Baird cut their price objective on shares of BILL from $55.00 to $52.00 and set a “neutral” rating on the stock in a report on Friday, July 18th. Finally, The Goldman Sachs Group boosted their price objective on shares of BILL from $54.00 to $62.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $58.90.

About BILL

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.