Quadrature Capital Ltd boosted its holdings in shares of BILL Holdings, Inc. (NYSE:BILL – Free Report) by 482.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,664 shares of the company’s stock after purchasing an additional 49,427 shares during the period. Quadrature Capital Ltd owned about 0.06% of BILL worth $2,759,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Quarry LP raised its holdings in shares of BILL by 85.9% in the 1st quarter. Quarry LP now owns 766 shares of the company’s stock worth $35,000 after buying an additional 354 shares in the last quarter. Brooklyn Investment Group grew its position in BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company’s stock valued at $41,000 after acquiring an additional 377 shares during the period. State of Michigan Retirement System raised its stake in BILL by 1.8% during the second quarter. State of Michigan Retirement System now owns 22,800 shares of the company’s stock worth $1,055,000 after acquiring an additional 400 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in shares of BILL by 0.5% during the second quarter. State Board of Administration of Florida Retirement System now owns 101,302 shares of the company’s stock valued at $4,686,000 after acquiring an additional 470 shares during the period. Finally, Asset Management One Co. Ltd. lifted its holdings in shares of BILL by 22.1% during the second quarter. Asset Management One Co. Ltd. now owns 2,690 shares of the company’s stock valued at $124,000 after acquiring an additional 487 shares during the period. 97.99% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
BILL has been the subject of a number of recent analyst reports. William Blair reiterated a “market perform” rating on shares of BILL in a research report on Friday, November 7th. UBS Group decreased their price objective on shares of BILL from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Keefe, Bruyette & Woods cut their target price on shares of BILL from $56.00 to $48.00 and set a “market perform” rating for the company in a research note on Friday, November 7th. Truist Financial decreased their price target on BILL from $61.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. Finally, BMO Capital Markets dropped their price target on BILL from $56.00 to $54.00 and set a “market perform” rating for the company in a report on Friday, November 7th. Two research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $58.86.
BILL Stock Performance
Shares of BILL stock opened at $50.10 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.67 and a quick ratio of 1.67. The firm has a 50 day simple moving average of $50.41 and a 200 day simple moving average of $47.07. BILL Holdings, Inc. has a fifty-two week low of $36.55 and a fifty-two week high of $100.19. The firm has a market cap of $5.02 billion, a P/E ratio of -185.54, a P/E/G ratio of 7.07 and a beta of 1.43.
BILL (NYSE:BILL – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.10. The firm had revenue of $395.74 million for the quarter, compared to the consensus estimate of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.63 EPS. 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 predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.
BILL announced that its Board of Directors has approved a share buyback program on Wednesday, August 27th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.
BILL 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.
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