BILL Holdings, Inc. $BILL Shares Acquired by Retirement Systems of Alabama

Retirement Systems of Alabama increased its position in BILL Holdings, Inc. (NYSE:BILL) by 23.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 494,293 shares of the company’s stock after purchasing an additional 94,576 shares during the period. Retirement Systems of Alabama’s holdings in BILL were worth $26,183,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BILL. Nomura Holdings Inc. lifted its stake in BILL by 7,753.6% in the second quarter. Nomura Holdings Inc. now owns 1,486,762 shares of the company’s stock valued at $68,778,000 after buying an additional 1,467,831 shares during the last quarter. Norges Bank acquired a new position in shares of BILL in the 2nd quarter valued at $52,908,000. Senvest Management LLC increased its holdings in shares of BILL by 96.2% in the 2nd quarter. Senvest Management LLC now owns 1,827,889 shares of the company’s stock valued at $84,558,000 after acquiring an additional 896,393 shares during the period. Federated Hermes Inc. raised its position in BILL by 96.3% in the 2nd quarter. Federated Hermes Inc. now owns 1,303,473 shares of the company’s stock valued at $60,299,000 after purchasing an additional 639,502 shares during the last quarter. Finally, Parnassus Investments LLC raised its position in BILL by 191.5% in the 3rd quarter. Parnassus Investments LLC now owns 905,585 shares of the company’s stock valued at $47,969,000 after purchasing an additional 594,939 shares during the last quarter. Hedge funds and other institutional investors own 97.99% of the company’s stock.

BILL Price Performance

Shares of NYSE:BILL opened at $48.49 on Monday. BILL Holdings, Inc. has a 52 week low of $36.55 and a 52 week high of $100.19. The company has a 50-day moving average price of $51.94 and a 200 day moving average price of $49.21. The company has a market cap of $4.86 billion, a P/E ratio of -179.58, a PEG ratio of 6.83 and a beta of 1.32. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 0.47.

BILL (NYSE:BILL) last released its earnings results 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 company had revenue of $395.74 million for the quarter, compared to analysts’ expectations of $390.91 million. BILL had a return on equity of 1.39% and a net margin of 0.79%.The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.63 EPS. BILL has set its FY 2026 guidance at 2.110-2.250 EPS and its Q2 2026 guidance at 0.540-0.570 EPS. Research analysts predict that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

Insider Transactions at BILL

In other BILL news, SVP Germaine Cota sold 1,104 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $51.23, for a total value of $56,557.92. Following the completion of the sale, the senior vice president owned 10,812 shares of the company’s stock, valued at approximately $553,898.76. This trade represents a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 13.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on BILL. Needham & Company LLC reissued a “buy” rating and set a $75.00 price objective on shares of BILL in a research report on Monday, November 24th. Citigroup lowered their price target on BILL from $71.00 to $62.00 and set a “buy” rating on the stock in a report on Thursday. Zacks Research upgraded BILL from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. The Goldman Sachs Group increased their price objective on BILL from $54.00 to $62.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Finally, Keefe, Bruyette & Woods boosted their target price on BILL from $52.00 to $60.00 and gave the company a “market perform” rating in a report on Friday, January 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $58.90.

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.